February 20, 2026 | Edward Ip Disclosure: POSadvice.com may earn a referral fee if you purchase through links on this page. This does not affect our independent reviews or rankings.\n\n📈 Earnings • February 2024Toast Reports $4B Revenue, Sustained ProfitabilityRestaurant POS giant validates the business model with first profitable year$3.87B2023 Revenue120K+Locations$126BGross Payment Volume💰 Financial HighlightsMetric20222023GrowthRevenue$2.7B$3.87B+43%Locations95,000120,000+26%ARR per Location$8,200$9,500+16%Gross Margin28%34%+6ptsProfitabilityNet lossGAAP profitable🟢 Milestone🔑 Key Takeaway: Toast’s profitability proves restaurant POS is a highly profitable business model. This raises the bar for every competitor.📚 Related Articles→ Toast Goes Public: IPO Values Company at $18 Billion → Toast Files for IPO: Restaurant POS Giant Goes Public → Toast Raises Series G: Valued at $5 Billion → Toast Launches Self-Ordering Kiosks for RestaurantsPOSadvice.com — Independent ReviewsFind Your Perfect POS SystemAnswer 3 quick questions. Get free, no-obligation quotes from top providers matched to your business.Get Free Quotes →Takes 2 minutes · No spam · No commitmentRelated Reading: For a complete comparison, see our guide to the Best POS System for Small Retail Stores 2026.\n\n