AI brief of an SEC Form 8-K · Toast (TOST)

Toast Q1 net income $56 million; raises 2025 Adjusted EBITDA outlook

Positive Impact 4 of 5 earnings Written later

Toast reported first-quarter 2025 net income of $56 million, compared with a net loss of $83 million a year earlier, and Adjusted EBITDA of $133 million, up from $57 million. The company raised its full-year 2025 Adjusted EBITDA outlook to $540 million to $560 million from $510 million to $530 million, which signals higher expected profitability for shareholders.

Key points

  • Q1 2025 net income was $56 million versus a net loss of $83 million in Q1 2024.
  • Total revenue was $1.34 billion in Q1 2025 versus $1.08 billion in Q1 2024.
  • Full-year 2025 Adjusted EBITDA outlook raised to $540 million to $560 million from $510 million to $530 million.
  • Toast signed Dine Brands' Applebee's, which it describes as its largest deal to date.

The filing

CompanyToast (TOST)
Form8-K, current report
Filed with the SECMay 8, 2025, 4:12 PM ET
Accession number0001650164-25-000175

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.