secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001650164-22-000141
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016422000141/0001650164-22-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016422000141/tost-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001650164-22-000141

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