secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001650164-24-000175
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016424000175/0001650164-24-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016424000175/tost-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001650164-24-000175

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