Equity Profile

TOST

Toast, Inc.

FinancialsTransaction & Payment Processing Services$17.4B

May7Thu

Post-Earnings Recap

ReportedQ1-2026After Close4:05 PM EDT

Toast, Inc. Misses on EPS, Stock Up 3.78%

Metric	Actual	Expected	Surprise
EPS	$0.20	$0.27	+25.00%
Revenue	—	$1.6B	—

management commentary, guidance changes, and full analysis available with Pro.

Toast, Inc. Misses on EPS, Stock Up 3.78%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.20	$0.27	+25.00%
Revenue	—	$1.6B	—

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

Toast, Inc. reported earnings that missed expectations on EPS, which typically raises concerns among investors. However, the stock reacted positively, increasing by 3.78%, suggesting that investors may have found other aspects of the report or market conditions encouraging. Without revenue figures or management commentary, it's challenging to assess the overall health of the business.

Company Snapshot

Toast, Inc. is a financial technology company that provides a platform for restaurants to manage their operations, including payment processing and customer engagement....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Toast is managing its costs and generating income.

$0.27

Revenue

Revenue growth is crucial for assessing Toast's market demand and overall business health.

$1.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Toast, Inc. is a financial technology company that provides a platform for restaurants to manage their operations, including payment processing and customer engagement. As a player in the transaction and payment processing services sector, Toast is positioned to benefit from trends in digital payments and the growing restaurant industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+89.87%

Avg Stock Reaction

-0.64%

Last Quarter Recap

In the last quarter, Toast reported an EPS of $0.16, exceeding estimates by 33.33%. However, the stock declined by 6.71% the following day, indicating market skepticism despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Toast's upcoming earnings, expecting it to meet or slightly exceed EPS and revenue estimates. The market is closely watching for any signs of growth in a competitive environment.

Bull Case

If Toast can demonstrate strong revenue growth and maintain or improve its profitability, it could attract more investors, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, as seen in previous quarters.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.27

EPS is a key indicator of profitability and will show how well Toast is managing its costs and generating income.

Revenue

$1.6B

Revenue growth is crucial for assessing Toast's market demand and overall business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Toast's EPS exceed the consensus estimate of $0.27?

A beat on EPS would indicate strong operational performance and could boost investor confidence.

What guidance will Toast provide regarding future revenue growth?

Future revenue guidance will be critical for assessing the company's growth trajectory and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Toast's ability to leverage its platform for increased market share, especially as the restaurant industry rebounds.

Supporting Evidence

Toast has consistently beaten EPS estimates in recent quarters, suggesting stronger underlying performance than anticipated.

The options market is pricing a larger move than historical averages, indicating that investors expect significant news or changes.

Toast's unique position in the restaurant sector could provide it with advantages that are not fully reflected in current estimates.

Key Risk

If Toast's revenue growth exceeds $1.7B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Toast can sustain its growth amid rising competition and economic pressures.

Bull Confirmed If

An EPS of $0.30 or higher, combined with revenue exceeding $1.7B, would confirm the bull case.

Bear Confirmed If

An EPS below $0.22 or revenue below $1.6B would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.64%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±12.6% while TOST has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

30d HV

39.7%

Calls (425K)P/C Ratio: 1.08Puts (510K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Toast beats expectations, history suggests a potential stock increase of around 2.67%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may experience a muted reaction as investors reassess growth prospects.

Miss

In the event of a miss, the stock could see a decline, with historical patterns indicating a potential drop of around 0.27%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer acquisitions or partnerships.
2Insights into operational efficiencies that could impact margins.
3Details on competitive pressures in the payment processing space.
4Management's outlook on the restaurant industry's recovery post-pandemic.

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Company Snapshot

Toast, Inc. is a financial technology company that provides a platform for restaurants to manage their operations, including payment processing and customer engagement....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Toast is managing its costs and generating income.

$0.27

Revenue

Revenue growth is crucial for assessing Toast's market demand and overall business health.

$1.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+89.87%

Avg Stock Reaction

-0.64%

Last Quarter Recap

In the last quarter, Toast reported an EPS of $0.16, exceeding estimates by 33.33%. However, the stock declined by 6.71% the following day, indicating market skepticism despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Toast can demonstrate strong revenue growth and maintain or improve its profitability, it could attract more investors, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, as seen in previous quarters.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.27

EPS is a key indicator of profitability and will show how well Toast is managing its costs and generating income.

Revenue

$1.6B

Revenue growth is crucial for assessing Toast's market demand and overall business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Toast's EPS exceed the consensus estimate of $0.27?

A beat on EPS would indicate strong operational performance and could boost investor confidence.

What guidance will Toast provide regarding future revenue growth?

Future revenue guidance will be critical for assessing the company's growth trajectory and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Toast's ability to leverage its platform for increased market share, especially as the restaurant industry rebounds.

Supporting Evidence

Toast has consistently beaten EPS estimates in recent quarters, suggesting stronger underlying performance than anticipated.

The options market is pricing a larger move than historical averages, indicating that investors expect significant news or changes.

Toast's unique position in the restaurant sector could provide it with advantages that are not fully reflected in current estimates.

Key Risk

If Toast's revenue growth exceeds $1.7B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Toast can sustain its growth amid rising competition and economic pressures.

Bull Confirmed If

An EPS of $0.30 or higher, combined with revenue exceeding $1.7B, would confirm the bull case.

Bear Confirmed If

An EPS below $0.22 or revenue below $1.6B would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.64%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±12.6% while TOST has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

30d HV

39.7%

Calls (425K)P/C Ratio: 1.08Puts (510K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Toast beats expectations, history suggests a potential stock increase of around 2.67%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may experience a muted reaction as investors reassess growth prospects.

Miss

In the event of a miss, the stock could see a decline, with historical patterns indicating a potential drop of around 0.27%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer acquisitions or partnerships.
2Insights into operational efficiencies that could impact margins.
3Details on competitive pressures in the payment processing space.
4Management's outlook on the restaurant industry's recovery post-pandemic.