Preheat the oven to 350 degrees and line a baking sheet with parchment paper.

Cream together the sugars, peanut butter, butter, and vanilla with the paddle attachment on a stand mixer. Mix on medium speed until smooth.

Turn mixer to low speed and add the eggs one at a time, scraping down the sides as needed, until well mixed.

Slowly add oats, flour, and baking soda and mix until combined.

Finally, mix in the M&Ms, chocolate chips, toffee bits, and coconut on low until well combined.

Use a medium cookie scoop to measure out dough. Place balls on the prepared cookie sheet at least 2 inches apart.

Bake for 11 to 13 minutes until cookies start to brown. Let rest for 2 to 3 minutes on the pan before moving to a cooling rack.