“We Power Over 160,000 Restaurants”: Toast’s CFO Makes the Case for a Data-Driven Moat

Elena Gomez, President and CFO of Toast (NYSE: TOST), sat down with Julia Boorstin to discuss how the company is turning its restaurant network into a data-driven competitive moat. The anchor of her argument was straightforward: "We power over 160,000 restaurants. So you can imagine the data that sits in our platform." Toast ended 2025 with approximately 164,000 total restaurant locations globally, up 22% year over year, adding a record 30,000 net new locations across the full year. The company has grown ...