Can Toast Maintain Strong Free Cash Flow Momentum Amid Expansion?

Key Takeaways Toast delivered $208M free cash flow in Q2, supported by 25% revenue growth and strong EBITDA.TOST added a record 8,500 new locations, ending Q2 with 148,000 sites, up 24% year over year.New products and international expansion are likely to support Toast's growth beyond seasonal boosts.Toast Inc. (TOST) is benefiting from the strategic efforts to expand its footprint, as reflected in 25% growth in revenues in the second quarter of 2025. It also generated$ 208 million in free cash flow, driven ...