Toast Q4 revenue up 50% to $769M; ARR $901M (+59%); net loss narrows to $(99)M

Toast, Inc.

2022-FY EPS reported -$0.72 revenue$2,731,000,000

Q4 revenue $769M (+50% YoY); full-year revenue $2,731M (+60%).
ARR $901M (+59%); added ~23k net new locations; total ~79k (+40% YoY).
Q4 gross profit $158M (+116%); non-GAAP gross profit $172M (+110%).
Q4 net loss $(99)M vs $2M income in Q4 2021; adj EBITDA $(18)M vs $(45)M; full-year net loss $(275)M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Toast, Inc. reported Q4 2022 results: revenue $769 million, net income $(99) million.

Period: Q4 2022
Revenue: $769 million
Net income: $(99) million
Result: reported results

Exact text from the filing

• Revenue for Q4 2022 grew 50% year-over year to $769 million. • Gross profit of $158 million was up 116% year-over-year from Q4 2021. Non-GAAP gross profit grew 110% year-over year to $172 million. • Net loss was $(99) million in Q4 2022 compared to net income of $2 million in Q4 2021.

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Toast, Inc. filing history →

Source: SEC EDGAR

accession 0001650164-23-000050

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