---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-23-000368"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:46:56.963245+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001650164-23-000368
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650164/000165016423000368/0001650164-23-000368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016423000368/tost-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-23-000368
- JSON: https://secwatch.observer/filing/0001650164-23-000368.json
- Plain text: https://secwatch.observer/filing/0001650164-23-000368.txt

## Key facts
- Earnings Releases
  Toast, Inc. reported financial results for the fiscal quarter ended September 30, 2023.
  - Period: the fiscal quarter ended September 30, 2023
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650164/000165016423000368/0001650164-23-000368-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.