{"schema_version":"secwatch.filing_event.v1","accession":"0001650164-23-000167","form_type":"8-K","ticker":"TOST","cik":"0001650164","company_name":"Toast, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.839784+00:00","generated_at":"2026-06-15T09:19:17.279680+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Toast Q1 revenue $819M (+53% YoY), ARR $987M (+55%), net loss widens to $81M","bullets":["ARR reached $987M as of March 31, 2023, up 55% year-over-year; GPV $26.7B (+50% YoY).","Total locations approximately 85,000 (+40% YoY), with over 5,500 net new locations added in Q1.","Revenue $819M (+53% YoY); GAAP gross profit $174M (+96%); non-GAAP gross profit $189M (+87%).","Net loss $(81)M vs $(23)M in Q1 2022; Adjusted EBITDA improved to $(17)M from $(45)M.","Free cash flow of $(65)M compared to $(50)M in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001650164-23-000167","json":"https://secwatch.observer/filing/0001650164-23-000167.json","markdown":"https://secwatch.observer/filing/0001650164-23-000167.md","text":"https://secwatch.observer/filing/0001650164-23-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000167/0001650164-23-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000167/tost-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:19:17.279680+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d8d45700558edc62d714abdc05c4779ad8963b99","claim":"Toast, Inc. reported first quarter ended March 31, 2023 results: net income $(81) million.","evidence_excerpt":"Revenue grew 53% year-over year to $819 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000167/0001650164-23-000167-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Net income","value":"$(81) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d8d45700558edc62d714abdc05c4779ad8963b99","claim":"Toast, Inc. reported first quarter ended March 31, 2023 results: net income $(81) million.","evidence_excerpt":"Net loss was $(81) million in Q1 2023 compared to net loss of $(23) million in Q1 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000167/0001650164-23-000167-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Net income","value":"$(81) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}