secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001650164-23-000368
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016423000368/0001650164-23-000368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016423000368/tost-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001650164-23-000368

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer