secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001650164-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016422000004/0001650164-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016422000004/tost-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001650164-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer