Olo Inc. Reports Q2 2025 Earnings and Acquisition

Olo, Inc. ( (OLO) ) has released its Q2 earnings. Here is a breakdown of the information Olo, Inc. presented to its investors.

Olo Inc. is a prominent restaurant technology provider offering solutions for ordering, payment, and guest engagement to enhance restaurant operations and customer experiences. In its latest earnings report for the second quarter of 2025, Olo announced a 22% increase in revenue year-over-year, reaching $85.7 million, alongside a 12% rise in average revenue per unit. The company also revealed a significant strategic move, entering into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in a transaction valuing Olo at approximately $2.0 billion. Key financial highlights include a 10% increase in gross profit to $43.9 million, though the company reported an operating loss of $2.7 million. Non-GAAP operating income improved to $13.1 million, reflecting a 15% margin, while net income stood at $1.6 million. Olo’s platform continues to grow, with active locations increasing by 9% year-over-year to approximately 89,000. Looking ahead, Olo’s management is optimistic about the partnership with Thoma Bravo, which is expected to accelerate the company’s vision and enhance its offerings in the restaurant technology sector.