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Sep 30, 2021
Toast Q3 2021 Earnings Report
Delivered strong results with revenue growing 105% year-over-year and GPV growing 123% year-over-year.
Key Takeaways
Toast reported strong third-quarter results, with revenue increasing by 105% year-over-year to $486.4 million. The company's ARR grew by 77% year-over-year to $543.8 million, and GPV increased by 123% year-over-year to $16.5 billion.
Revenue for the third quarter of 2021 was $486.4 million, an increase of 105% from the third quarter of 2020.
ARR as of September 30, 2021 was $543.8 million, an increase of 77% as compared to September 30, 2020.
GPV for the third quarter of 2021 was $16.5 billion, an increase of 123% from the third quarter of 2020.
Net loss for the third quarter of 2021 was $252.5 million, as compared to $62.6 million in the third quarter of 2020.
Toast
Toast
Toast Revenue by Segment
Revenue by Segment
Subscription Services Revenue
CapyFin.comFinancial Technology Solutions Revenue
CapyFin.comHardware and Professional Services Revenue
CapyFin.comHardware and Professional Services Revenue
CapyFin.com Forward Guidance
For the fourth quarter ending December 31, 2021, Toast expects to report revenue in the range of $465 million to $495 million and Adjusted EBITDA in the range of $(50) million to $(40) million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income