Toast Q3 revenue $1.03B (+37% YoY); ARR $1.218B (+40%); Adj EBITDA $35M; CEO transition

Toast, Inc.

2023-Q3 EPS reported -$0.40 revenue$2,829,000,000

Revenue $1.032B (+37% YoY); net loss $31M improved from $98M loss year ago.
ARR $1.218B (+40% YoY); GPV $33.7B (+34%); added 6,500+ net locations.
Adjusted EBITDA $35M vs $(19M) a year ago; free cash flow $37M vs $(80M).
CEO Chris Comparato to move to Board; Aman Narang to become CEO effective Jan 1, 2024.

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 0.85

Toast, Inc. reported financial results for the fiscal quarter ended September 30, 2023.

Period: the fiscal quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 7, 2023, Toast, Inc. announced its financial results for the fiscal quarter ended September 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

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Toast, Inc. filing history →

Source: SEC EDGAR

accession 0001650164-23-000368

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