Toast Q1 2024: ARR $1.3B (+32% YoY), Adj EBITDA $57M vs loss of $17M

Toast, Inc.

2024-Q1 EPS reported -$0.15 revenue$1,075,000,000

Added over 6,000 net new locations; total locations ~112,000 (+32% YoY).
GAAP net loss $(83)M vs $(81)M YoY; Adjusted EBITDA $57M (improved from $(17)M).
GPV $34.7B (+30% YoY); Non-GAAP gross profit $268M (+42% YoY).
Free cash flow improved to $(33)M from $(65)M in Q1 2023.

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 0.95

Toast, Inc. reported the first quarter ended March 31, 2024 results: net income $(83) million.

Period: the first quarter ended March 31, 2024
Net income: $(83) million
Result: reported results

Exact text from the filing

Toast, Inc. announced its financial results for the fiscal quarter ended March 31, 2024

View on SEC.gov

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Source: SEC EDGAR

accession 0001650164-24-000175

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