---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-22-000004"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T08:02:03.936704+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Toast Q4 revenue up 111% to $512M; first-ever GAAP net income of $2M

## Summary
- Q4 revenue $512M (+111% YoY); FY21 revenue $1,705M (+107%).
- Q4 GAAP net income $2M vs net loss $61M in Q4 2020; FY21 net loss $487M.
- ARR at Dec 2021: $568M, +74% YoY; Q4 GPV $17B (+125%).
- Adjusted EBITDA $(45)M in Q4 vs $(7)M; FY21 $(42)M vs $(94)M.
- Free cash flow $(34)M in Q4; FY21 $(17)M vs $(161)M in 2020.

## SEC filing metadata
- accession: 0001650164-22-000004
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000004/0001650164-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000004/tost-20220215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-22-000004
- JSON: https://secwatch.observer/filing/0001650164-22-000004.json
- Plain text: https://secwatch.observer/filing/0001650164-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.