secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001650164-25-000175
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Toast Q1 2025: Net income $56M vs loss; ARR $1.7B up 31% YoY
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- Added over 6,000 net new locations; total ~140,000 up 25% YoY.
- Signed Applebee's deal, largest in company history, plus Topgolf.
- GAAP net income $56M (vs loss of $83M in Q1 2024); Adjusted EBITDA $133M (vs $57M).
- GPV $42.2B up 22% YoY; ARR $1.7B up 31%.
- Free Cash Flow $69M (vs -$33M); operating cash flow $79M (vs -$20M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016425000175/0001650164-25-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016425000175/tost-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001650164-25-000175

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