Record Revenue Growth
Total revenue for Q1 2025 was $80.7 million, an increase of 21% year-over-year. Platform revenue increased by 20% year-over-year.
Expansion in Active Locations and ARPU Growth
Olo ended Q1 with approximately 88,000 active locations, adding approximately 2,000 net new locations. ARPU grew by 12% year-over-year.
Successful Customer Wins and Deployments
Olo signed a Catering Plus pilot with Chipotle, a top 25 brand, and a full deployment deal with an existing publicly-traded enterprise customer for Olo Pay card presence.
Strong Financial Performance
Non-GAAP operating income was $11.5 million, a significant increase from $5.6 million a year ago. Operating margin was 14.3%, up approximately 580 basis points year-over-year.
Positive Market Position
Olo was named Texas Roadhouse's 2024 Vendor of the Year, indicating strong customer satisfaction and market position.