Toast, Inc. reported financial results for the second quarter ended June 30, 2026. The company posted net income of $154 million and Adjusted EBITDA of $221 million. Annualized recurring run-rate (ARR) grew 25% year-over-year to $2.4 billion, while Gross Payment Volume increased 22% to $60.7 billion. Diluted earnings per share reached $0.26 compared to $0.13 in the prior year period. The company added approximately 9,500 net new locations during the quarter. Additionally, Toast repurchased 19 million shares for $486 million year-to-date through June 30, 2026. The global technology platform built for restaurants and retail businesses provides software, payments, and financial technology solutions.