Highest-materiality recent filing
Toast Q1 net income $126M, ARR $2.2B (+26%), adds 7K locations
Net income $126M (diluted EPS $0.20) vs $56M ($0.09) in Q1 2025; Adjusted EBITDA $179M.
Toast Q4 net income $101M; ARR >$2B (+26% YoY); adds $500M buyback
Added record 30,000 net locations in 2025; total locations 164,000 (+22% YoY).
Toast Q3 2025: ARR hits $2.0B (+30% YoY), net income $105M, Adj. EBITDA $176M
Annualized Recurring Revenue (ARR) crossed $2.0 billion, up 30% year-over-year.
Toast Q2 2025: record 8,500 net new locations, ARR up 31% to $1.9B, net income $80M
ARR grew 31% YoY to $1.9B; total locations up 24% to ~148,000.
Toast Q1 2025: Net income $56M vs loss; ARR $1.7B up 31% YoY
Added over 6,000 net new locations; total ~140,000 up 25% YoY.
Toast reports Q4 net income $33M, first full-year GAAP profit; ARR up 34% to $1.6B
ARR reached $1.6B (+34% YoY); record 28,000 net locations added in 2024, ending with ~134,000 locations.
Toast Q3 net income $56M vs loss a year ago; ARR up 28% to $1.6B
Added ~7,000 net new locations; total locations ~127,000 (+28% YoY).
Toast reports first GAAP operating income of $5M, net income $14M; adds record 8,000 net locations
ARR $1.5B (+29% YoY); added record ~8,000 net locations; total locations ~120,000 (+29% YoY).
Toast repurchases warrant for 5.2M shares for $60M, warrant canceled
Repurchased warrant to buy 5.2M shares of Class B common at $17.5034/share, expiring June 19, 2027.
Toast Q1 2024: ARR $1.3B (+32% YoY), Adj EBITDA $57M vs loss of $17M
Added over 6,000 net new locations; total locations ~112,000 (+32% YoY).
Toast Q4 revenue $1.0B (+35%); ARR $1.2B; positive Adj EBITDA; $250M buyback; 550 layoffs
Q4 revenue $1.0B (+35% YoY); GPV $33.7B (+32%); total locations 106,000 (+34%); added 6,500 net new locations.
Toast Q3 revenue $1.03B (+37% YoY); ARR $1.218B (+40%); Adj EBITDA $35M; CEO transition
Revenue $1.032B (+37% YoY); net loss $31M improved from $98M loss year ago.
Toast CEO Chris Comparato steps down Jan 1, 2024; COO Aman Narang appointed CEO
Chris Comparato steps down as CEO effective Jan 1, 2024; will remain on Board.
Toast Q2 revenue $978M (+45%), ARR $1.1B, first positive Adj. EBITDA
ARR reached $1.1B (+45% YoY); GPV $32.1B (+38%); record net new location adds of 7,500.
Toast Q1 revenue $819M (+53% YoY), ARR $987M (+55%), net loss widens to $81M
ARR reached $987M as of March 31, 2023, up 55% year-over-year; GPV $26.7B (+50% YoY).
Toast terminates Boston lease for ~134K sq ft; pays $16M termination fee
Eighth floor (111,294 sq ft) lease ends June 30, 2023; fifth floor (22,495 sq ft) ends Dec 31, 2024.
Toast Q4 revenue up 50% to $769M; ARR $901M (+59%); net loss narrows to $(99)M
Q4 revenue $769M (+50% YoY); full-year revenue $2,731M (+60%).
Toast Q3 revenue $752M (+55% YoY); ARR $868M (+60%); net loss narrows to $98M
Revenue $752M (+55% YoY); GPV $25.2B (+53%); total locations ~74,000 (+40%).
Toast Q2 revenue $675M (+58% YoY); net loss $54M; adds 6,000 net locations
Revenue of $675M, up 58% YoY; GPV $23.3B (+62%).
Toast Q1 revenue up 90% to $535M; adds record 5,000+ net new locations
Added over 5,000 net new locations in Q1 (first time); total locations ~62,000 (+45% YoY).
Toast Q4 revenue up 111% to $512M; first-ever GAAP net income of $2M
Q4 revenue $512M (+111% YoY); FY21 revenue $1,705M (+107%).
Toast Q3 revenue up 105% to $486.4M; net loss widens to $252.5M
Revenue $486.4M (+105% YoY); ARR $543.8M (+77%); GPV $16.5B (+123%).
Toast closes IPO of 25M shares at $40, gross proceeds $1B
IPO of 25M Class A common shares at $40.00 on Sept 24, 2021; full exercise of underwriters' option.
Following Ms. Miller’s departure, Elena Gomez, the Company’s President and Chief Financial Officer, will serve as the Company’s Interim Chief Accounting Officer and interim principal accounting officer.
On June 3, 2025, Toast, Inc. (the “Company”) and Gail Miller mutually agreed that her employment as the Company’s Chief Accounting Officer will end effective June 13, 2025.
Additionally, on February 12, 2025, the Board appointed Elena Gomez to be President of the Company.
On February 12, 2025, the Board of Directors (the “ Board ”) of Toast, Inc. (the “ Company ”) appointed Gail Miller, age 46, to be the Company’s Chief Accounting Officer and principal accounting officer, effective as of her commencement of employment, which is expected to be March 3, 2025
Following Mr. Matlock’s resignation, Elena Gomez, the Company’s Chief Financial Officer, will serve as the Interim Chief Accounting Officer and interim principal accounting officer while the Company searches for a replacement for Mr. Matlock.
On June 20, 2024, Michael Matlock notified Toast, Inc. (the “Company”) that he will resign as the Company’s Chief Accounting Officer and principal accounting officer, effective August 9, 2024.
Mr. Comparato will also step down from his role as Chairperson of the Board at such time but plans to continue serving as a member of the Board.
the Board appointed Aman Narang, the Company’s current Co-President, Co-Founder and Chief Operating Officer, to succeed Mr. Comparato as Chief Executive Officer of the Company, effective January 1, 2024.
the Board has appointed Mark Hawkins, Lead Independent Director and Chairperson of the Audit Committee of the Board, to serve as the Chairperson of the Board, effective January 1, 2024.
Christopher P. Comparato, Chief Executive Officer and Chairperson of the Board of Toast, Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) that he will step down as Chief Executive Officer of the Company, effective January 1, 2024.
On November 30, 2021 , the Board of Directors (the “Board”) of Toast, Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Hilarie Koplow-McAdams to the Board, effective as of November 30, 2021 .
On October 13, 2021, the Board of Directors of Toast, Inc. (the “ Company ”) appointed Michael Matlock, age 42, to be the Company’s Chief Accounting Officer and Principal Accounting Officer.
Max materiality 0.85 · Median 0.70 · Most common event earnings