---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-22-000141"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:06:09.884057+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Toast Q3 revenue $752M (+55% YoY); ARR $868M (+60%); net loss narrows to $98M

## Summary
- Revenue $752M (+55% YoY); GPV $25.2B (+53%); total locations ~74,000 (+40%).
- ARR as of Sep 30 $868M, up 60% YoY; exceeded $100B annualized GPV for first time.
- Net loss $98M vs $254M in Q3 2021; Adjusted EBITDA -$19M vs -$12M.
- Gross profit $151M (+82% YoY); Non-GAAP gross profit $164M (+78% YoY).
- Net cash used in ops -$69M; Free cash flow -$80M vs -$22M in Q3 2021.

## SEC filing metadata
- accession: 0001650164-22-000141
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1650164/000165016422000141/0001650164-22-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000141/tost-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-22-000141
- JSON: https://secwatch.observer/filing/0001650164-22-000141.json
- Plain text: https://secwatch.observer/filing/0001650164-22-000141.txt

## Key facts
- Earnings Releases
  Toast, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $752 million, net income Net loss was $98 million.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $752 million
  - Net income: Net loss was $98 million
  - Result: reported results
  source text: Financial Highlights for the Third Quarter of 2022 • Total location s increased over 40% year-over-year to approximately 74,000. • Revenue grew 55% year-over year to $752 million. • ARR as of September 30, 2022 was $868 million, up 60% year-over-year. • Gross Payment Volume (GPV) increased 53% year-over-year to $25.2 billion. • Gross profit of $151
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650164/000165016422000141/0001650164-22-000141-index.htm

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