cust.co / Companies / Toast (TOST)

Toast NRR

Net Revenue Retention history for Toast (TOST) - Restaurant SaaS, Public stage. Sourced from SEC filings and earnings releases.

Restaurant SaaS Public $5K-$25K ACV hybrid
Latest NRR · FY-2025
109%
All-time peak
135%
FY2020-Q4
All-time low
109%
FY2025-Q4
Disclosures tracked
6
since FY2020-Q4
QoQ flat
YoY ▼ 9pp

NRR vs GRR over time

0%39%78%116%155% FY2020-Q4FY-2023FY2024-Q1FY2024-Q4FY2025-Q4FY-2025 Retention NRR (incl. expansion) GRR (excl. expansion) NRR - FY2020-Q4: 135% NRR - FY-2023: 118% NRR - FY2024-Q1: 111% NRR - FY2024-Q4: 110% NRR - FY2025-Q4: 109% NRR - FY-2025: 109% GRR - FY2020-Q4: 0% GRR - FY-2023: 0% GRR - FY2024-Q1: 0% GRR - FY2024-Q4: 0% GRR - FY2025-Q4: 0% GRR - FY-2025: 0%

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Peak NRR of 135% in FY2020-Q4. Latest is 109% - that's -26pp from peak.

Toast is above the Restaurant SaaS Public median by +0pp (cell median: 109%)

What the data shows

Toast (TOST) is a restaurant saas company at the public stage. As of its most recent disclosure (FY-2025), Toast reported a Net Revenue Retention rate of 109% - a mid-pack result for B2B SaaS at this segment.

Toast's NRR peaked at 135% in FY2020-Q4, 26pp above today's level.

Within its peer set (restaurant saas companies at public stage in the $5k-$25k acv band), Toast's NRR is roughly in line with the cell median of 109%. Compare against the full peer cell aggregate for distribution and top performers.

Customer mix

Total customers
164,000
2025-12-31
Over $100K ARR
-
Over $1M ARR
-
US revenue mix
-
Top-10 concentration
-
Average ACV
-

Commercial structure

Contract shape and forward-booked revenue.

Multi-year contracts
-
Avg contract length
-
RPO (total)
-
cRPO (next 12mo)
-
New customers added
30,000
2025-12-31
Subscription rev mix
-

Customer flow

Logo flow per period (count-side complement to dollar-based NRR).

New customers added
30,000
2025-12-31
Lost customers
-

Scale & headcount

Revenue, ARR, and team-size denominators for the productivity ratios.

Revenue (period)
-
Total ARR
$2.0B
2025-12-31
ARR growth (YoY)
26%
2025-12-31
AE headcount
-
Total employees
6,519
2025-12-31

The post-sales motion

Pricing model
hybrid
Renewal cadence
-
CS team size
-
Customers per CSM
-

CS team segments: SMB · Enterprise · International · Food and Beverage Retail

CSM model: account-named

Derived signals

Computed from the data above. Shows where value comes from and where leakage hides.

ARR per FTE
$307K
overall productivity

What Toast is doing

Named CS initiatives across recent disclosures (newest first).

What they're working through

Challenges acknowledged by management. Useful peer signals - your team is probably not alone.

What execs say about post-sales

Curated quotes about customer outcomes, retention, renewals.

"LTV to CAC... is often quite healthy because, as you can imagine, the churn for enterprise customers tends to be lower."
Elena Gomez, CFO (Q&A Session)
"Our mission at Toast is to help restaurants delight their guests, do what they love, and thrive."
Aman Narang, CEO (Prepared Remarks)
"At Toast, our mission is to help restaurants delight their guests, do what they love and thrive."
Aman Narang, CEO and Co-founder (Prepared Remarks)
"reflecting our growing share of wallet and the increasing value we are providing our customers."
Elena Gomez, CFO (Prepared Remarks)
"Toast IQ gives fast answers, proactive insights, and direct actions to operators. Adoptions have been strong."
Aman Narang, CEO (Prepared Remarks)
"Our customers were able to take orders, send their orders to kitchens, take payments offline."
Aman Narang, CEO (Q&A)

Competitive dynamics

Compare Toast to peers

Side-by-side NRR, customer cohorts, commercial structure, and CS motion.

Featured in these rankings

Toast appears on 3 of our retention leaderboards.

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Every disclosure

Period NRR GRR Source type Filing
FY-2025 109% - earnings-call-transcript source ↗
FY2025-Q4 109% - earnings-call-transcript source ↗
FY2024-Q4 110% - earnings-call-transcript source ↗
FY2024-Q1 111% - 10-K source ↗
FY-2023 118% - 10-K source ↗
FY2020-Q4 135% - 10-K source ↗
Last verified disclosure: 2025-12-31 · Report an inaccuracy → · How we verify →

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Generate a live retention report against Toast and your full peer cell. Ungated. Downloadable as PDF.