In Q2'23, Toast revenue expanded 45% YOY to $978m across a diverse set of products.
* SaaS (12.5% of total): Pay to access their suite of products for restaurant operations
* Financial Services (82.5% of total): Restaurants pay fees for Toast to manage transactions
* Hardware (4% of total): Sale of tablets and POS devices
* Professional Services (1% of total): Installation and configuration of hardware devices
And this is a business powered by Salesforce with a massive product footprint and team supporting it:
* CIO's Org owns Salesforce
* 9 on Salesforce Leadership
* 7 Salesforce Architects
* 6 Product Owners
* 14 Salesforce Administrators
* 21 Salesforce Engineers & QAs