---
schema_version: "secwatch.filing_event.v1"
accession: "0001650164-24-000381"
form_type: "8-K"
ticker: "TOST"
cik: "0001650164"
company_name: "Toast, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:36:35.034657+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Toast Q3 net income $56M vs loss a year ago; ARR up 28% to $1.6B

## Summary
- Added ~7,000 net new locations; total locations ~127,000 (+28% YoY).
- GPV $41.7B (+24% YoY); subscription & fintech gross profit $365M (+35% YoY).
- GAAP income from operations $34M vs loss of $(59)M in Q3 2023.
- Adjusted EBITDA $113M vs $35M YoY; free cash flow $97M vs $37M.
- CEO cited new product launches (Branded Mobile App, SMS Marketing) and momentum into 2025.

## SEC filing metadata
- accession: 0001650164-24-000381
- form_type: 8-K
- ticker: TOST
- cik: 0001650164
- company_name: Toast, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650164/000165016424000381/0001650164-24-000381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650164/000165016424000381/tost-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650164-24-000381
- JSON: https://secwatch.observer/filing/0001650164-24-000381.json
- Plain text: https://secwatch.observer/filing/0001650164-24-000381.txt

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