secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001650164-25-000288
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Toast Q2 2025: record 8,500 net new locations, ARR up 31% to $1.9B, net income $80M
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- ARR grew 31% YoY to $1.9B; total locations up 24% to ~148,000.
- Record 8,500 net new locations; GPV up 23% to $49.9B.
- GAAP net income $80M (vs $14M); Adjusted EBITDA $161M (vs $92M).
- Subscription & fintech gross profit grew 35% YoY to $447M (GAAP).
- Partnership with American Express; launched Toast Go 3; first AU customer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016425000288/0001650164-25-000288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016425000288/tost-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001650164-25-000288

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