---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-22-000027"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T18:33:48.192689+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Toast Q1 revenue up 90% to $535M; adds record 5,000+ net new locations

## Summary
- Added over 5,000 net new locations in Q1 (first time); total locations ~62,000 (+45% YoY).
- Revenue $535M (+90% YoY); subscription revenue growth accelerated to 103% YoY.
- ARR $637M (+66% YoY); GPV $17.8B (+98% YoY).
- Net loss narrowed to $23M from $99M YoY; Adjusted EBITDA -$45M vs +$4M.
- Free cash flow -$50M vs -$13M in prior year.

## SEC filing metadata
- accession: 0001650164-22-000027
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000027/0001650164-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000027/tost-20220512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-22-000027
- JSON: https://secwatch.observer/filing/0001650164-22-000027.json
- Plain text: https://secwatch.observer/filing/0001650164-22-000027.txt

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