{"schema_version":"secwatch.filing_event.v1","accession":"0001650164-23-000304","form_type":"8-K","ticker":"TOST","cik":"0001650164","company_name":"Toast, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.684745+00:00","generated_at":"2026-06-12T02:12:07.272542+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Toast Q2 revenue $978M (+45%), ARR $1.1B, first positive Adj. EBITDA","bullets":["ARR reached $1.1B (+45% YoY); GPV $32.1B (+38%); record net new location adds of 7,500.","Revenue $978M (+45%); gross profit $208M (+84%); Non-GAAP gross profit $225M (+80%).","Net loss $98M (vs $54M loss in Q2 2022); Adjusted EBITDA positive $15M (vs -$33M).","Free cash flow $39M positive (vs -$30M in Q2 2022); first positive FCF and Adj. EBITDA since IPO."],"urls":{"canonical":"https://secwatch.observer/filing/0001650164-23-000304","json":"https://secwatch.observer/filing/0001650164-23-000304.json","markdown":"https://secwatch.observer/filing/0001650164-23-000304.md","text":"https://secwatch.observer/filing/0001650164-23-000304.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000304/0001650164-23-000304-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000304/tost-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:12:07.272542+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":"6c2c3d9eb7b400c09da205fa91c706e5c67fb45f","claim":"Toast, Inc. reported second quarter ended June 30, 2023 results: revenue $978 million, net income $(98) million.","evidence_excerpt":"$32.1 billion. • Total locations increased over 35% year-over-year to approximately 93,000, with net new locations of over 7,500 in Q2 2023. • Revenue grew 45% year-over year to $978 million. • Gross profit of $208 million was up 84% year-over-year. Non-GAAP gross profit grew 80% year-over year to $225 million. • Net loss was $(98) million in Q2 2023 compared to net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650164/000165016423000304/0001650164-23-000304-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$978 million"},{"label":"Net income","value":"$(98) 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"}