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Toast Executive Compensation (FY25)

TOST · Boston, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 15, 2026
282 figures on this page: 278 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Total compensation for Aman Narang, CEO, Co-Founder, came to $10,682,013 in fiscal 2025, and compared with the $11,274,304 reported for fiscal 2024, Narang's total was 5.3% lower. The disclosed chief executive pay ratio for fiscal 2025 is 78:1, against median employee compensation of $136,770. The say-on-pay proposal drew 94.2% of votes cast for or against in favor at the meeting held June 12, 2026 for fiscal 2025. The disclosed peer group names Affirm Holdings, Inc., AppLovin Corporation, BILL Holdings Inc., Datadog, Inc. and DoorDash, Inc., among others.
Chief executive, fiscal 2025
◇
Aman Narang
Latest say-on-pay support
=
June 12, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Aman Narang: $11,274,304 → $10,682,013 (5.3% lower)
Say-on-pay support: 98.7% → 94.2% (4.5 points lower)
CEO pay ratio: 82:1 → 78:1 (4.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Toast's chief executive and what were they paid?
Total compensation for Aman Narang, CEO, Co-Founder, came to $10,682,013 in fiscal 2025. Compared with the $11,274,304 reported for fiscal 2024, Narang's total was 5.3% lower.
What was Toast's say-on-pay result?
The say-on-pay proposal drew 94.2% of votes cast for or against in favor at the meeting held June 12, 2026 for fiscal 2025.
Which companies are in Toast's peer group?
The disclosed peer group names Affirm Holdings, Inc., AppLovin Corporation, BILL Holdings Inc., Datadog, Inc. and DoorDash, Inc., among others.
What is Toast's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 78:1, against median employee compensation of $136,770.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Comparato
Chief Executive Officer and Director
◇—◇◇◇——◇
Elena Gomez
Chief Financial Officer
◇—◇◇◇—◇◇
Jonathan Grimm
Co-Founder and Chief Technology Officer for Toast.org
◇—◇◇◇——◇
Stephen Fredette
Co-President, Co-Founder, and Director
◇—◇◇◇——◇
Aman Narang
Co-President, Co-Founder, Chief Operating Officer, and Director
◇—◇◇◇——◇
Brian Elworthy
General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Comparato
CEO
◇—◇◇——◇◇
Elena Gomez
Chief Financial Officer
◇—◇◇◇—◇◇
Aman Narang
Founder, COO, Co-President
◇—◇◇———◇
Stephen Fredette
Founder, Co-President
◇—◇◇———◇
Brian Elworthy
General Counsel
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Aman Narang
CEO, Co-Founder, and Director
◇—◇◇◇——◇
Elena Gomez
President, CFO
◇—◇◇◇—◇◇
Jonathan Vassil
Chief Revenue Officer
◇—◇◇◇—◇◇
Stephen Fredette
President, Co-Founder, and Director
◇—◇◇———◇
Brian Elworthy
General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Aman Narang
CEO, Co-Founder
◇—◇◇◇——◇
Elena Gomez
CFO, President
◇—◇◇◇—◇◇
Stephen Fredette
Co-Founder, President
◇—◇◇◇——◇
Jonathan Vassil
Chief Revenue Officer
◇—◇◇◇—◇◇
Brian Elworthy
General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Aman NarangOPTION◇——◇—◇◇
Aman NarangRSU◇——◇——◇
Brian ElworthyRSU◇——◇——◇
Brian ElworthyOPTION◇——◇—◇◇
Elena GomezRSU◇——◇——◇
Elena GomezOPTION◇——◇—◇◇
Jonathan VassilOPTION◇——◇—◇◇
Jonathan VassilRSU◇——◇——◇
Stephen FredetteRSU◇——◇——◇
Stephen FredetteOPTION◇——◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jonathan VassilOption◇—◇3/10/2035
Option◇—◇3/10/2033
RSU◇◇——
RSU◇◇——
Option◇—◇3/11/2034
Option◇—◇3/15/2032
RSU◇◇——
RSU◇◇——
Elena GomezOption◇—◇3/10/2035
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/15/2032
Option◇—◇3/11/2034
RSU◇◇——
Option◇—◇3/10/2033
Aman NarangOption◇—◇3/10/2035
RSU◇◇——
Option◇—◇3/15/2032
Option◇—◇3/11/2034
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/10/2033
Stephen FredetteRSU◇◇——
Option◇—◇3/15/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/10/2033
Option◇—◇3/11/2034
Option◇—◇3/10/2035
Brian ElworthyOption◇—◇3/15/2032
Option◇—◇3/11/2034
Option◇—◇3/10/2033
RSU◇◇——
Option◇—◇3/10/2035
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Anu Bharadwaj
◇◇————◇
Mark Hawkins
Board chair
◇◇————◇
Susan Chapman-Hughes
◇◇————◇
Kent Bennett
◇◇————◇
Deval L. Patrick
◇◇————◇
Paul Bell
◇◇————◇
Hilarie Koplow-McAdams
◇◇————◇
David Yuan
◇—————◇
Christopher Comparato
◇—————◇
Aman Narang and Stephen Fredette served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Affirm Holdings, Inc. AFRM
  • AppLovin Corporation APP
  • BILL Holdings Inc. BILL
  • Datadog, Inc. DDOG
  • DoorDash, Inc. DASH
  • Dynatrace, Inc. DT
  • Etsy, Inc. ETSY
  • HubSpot, Inc. HUBS
  • MongoDB Inc. MDB
  • Paycom Software, Inc. PAYC
  • Paylocity Holding Corporation PCTY
  • Procore Technologies, Inc. PCOR
  • PTC Inc. PTC
  • Shift4 Payments, Inc. FOUR
  • Smartsheet Inc. SMAR
  • The Trade Desk, Inc. TTD
  • Twilio Inc. TWLO
  • Unity Software Inc. U
  • ZoomInfo Technologies Inc. GTM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 12, 2026=◇◇◇
2024June 13, 2025=◇◇◇
2023June 6, 2024=◇◇◇
2022June 8, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Toast disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Toast sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
282 figures on this page: 278 cited to the filing that reported them, 4 calculated from figures it prints.
278 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001650164-26-000130
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001650164-26-000098
    CEO Pay Ratio · Grants of Plan-Based Awards · Non-Employee Director Compensation Policy · Non-Employee Director Compensation Table · and 2 more sections
  3. 0001650164-25-000230
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001650164-25-000142
    Summary Compensation Table
  5. 0001650164-24-000211
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001650164-24-000144
    Summary Compensation Table
  7. 0001650164-23-000223
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001650164-23-000131
    Summary Compensation Table
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This page is free to cite. Attribution we ask for:
Velarion, “Toast executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TOST (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Toast discloses

The companies named in TOST's own disclosed peer group.

Affirm Holdings, Inc.AppLovin CorporationBILL Holdings Inc.Datadog, Inc.DoorDash, Inc.Dynatrace, Inc.HubSpot, Inc.MongoDB Inc.Paycom Software, Inc.Paylocity Holding CorporationProcore Technologies, Inc.PTC Inc.Shift4 Payments, Inc.The Trade Desk, Inc.Twilio Inc.Unity Software Inc.ZoomInfo Technologies Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy