Toast, Inc. at Goldman Sachs Communacopia + Technology Conference Transcript

Sep 09, 2026 / 03:50PM GMT
Release Date Price: €29.31
Will Nance
The Goldman Sachs Group, Inc. - Moderator

All right. We are going to get started. My name is Will Nance. Joining us for Day 2 of the conference and kicking us off is the Toast team. We have Co-Founder and CEO, Aman; and President and CFO, Elena.

Thank you for joining us.

Aman Narang
Toast, Inc. - Co-Founder and Chief Executive Officer

Thanks for having us.

Questions & Answers

Will Nance
The Goldman Sachs Group, Inc. - Moderator

Okay. I want to start a little bit big picture here as is almost exactly the five-year anniversary of the IPO. The company had about 50 locations. That's more than tripled since then, 2021. Recurring gross profit was roughly $400 million. EBITDA was negative you've nearly 6x the top line. You're on track for early -- you're on track for over $800 million of adjusted EBITDA this year. you've been consistently GAAP profitable. So just a major scaling story, EverSafe IPO. What do you attribute that access to? And then how are you -- how do you think about

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