Toast stock slides after earnings as 2026 outlook flags higher hardware costs
Toast shares fell 6.7% to $26.14 Thursday and dropped another 5.5% after hours following its fourth-quarter report and 2026 outlook. The company posted $101 million profit and $1.63 billion revenue for the quarter, raised its buyback authorization by $500 million, and warned of tariff and memory chip cost pressures in its hardware business.
