5 Interesting Learnings from Toast at $500m in ARR, and a $3B Total Run Rate
SaaStr
SEPTEMBER 22, 2021
IPO behind them, we can take a look behind its metrics. While its software has decent margins of 66%, software is only 10% of Toast’s total GAAP revenue. It loses money on the hardware (gross margin negative) and the payments solutions have barely a 20%+ margin and constitute the vast majority of revenue today.
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