Every material Form 8-K Toast filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Toast reported third quarter 2026 financial results, highlighting net income of $169 million and a 24% increase in annualized recurring run-rate to $2.5 billion. The company also raised its full-year guidance for Adjusted EBITDA and non-GAAP gross profit. Additionally, President and CFO Elena Gomez announced her departure effective at the end of the year, with SVP of Finance Michael Senno appointed as her successor.
Net income reached $169 million in the third quarter of 2026 compared to $105 million in the prior-year period.
Annualized recurring run-rate (ARR) grew 24% year-over-year to $2.5 billion as of September 30, 2026.
Full-year 2026 Adjusted EBITDA guidance was raised to a range of $840 million to $850 million.
Michael Senno was appointed Chief Financial Officer effective January 1, 2027, succeeding Elena Gomez.
Toast disclosed that Chief Revenue Officer Jonathan Vassil will step down effective December 31, 2026, as part of a planned retirement. The company said the departure was not due to any disagreement with its management, policies or practices.
Jonathan Vassil notified Toast of his decision on September 28, 2026.
His departure as Chief Revenue Officer takes effect December 31, 2026.
He will remain a non-executive employee through April 2, 2027.
The filing states the resignation was not due to any disagreement with the company.
Toast reported second-quarter 2026 results, with total revenue of $1.9 billion, up from $1.55 billion a year earlier, and net income of $154 million, up from $80 million. The company raised its full-year 2026 outlook for non-GAAP subscription services and financial technology solutions gross profit growth and for adjusted EBITDA, although operating cash flow fell to $144 million from $223 million.
Total revenue was $1.9 billion in Q2 2026 versus $1.55 billion in Q2 2025; diluted EPS was $0.26 versus $0.13.
Q2 adjusted EBITDA was $221 million, including a one-time benefit of about $10 million from tariff refunds.
Full-year 2026 adjusted EBITDA outlook raised to $805 million to $825 million from $790 million to $810 million.
Q2 operating cash flow was $144 million versus $223 million a year earlier; Q3 adjusted EBITDA is expected at $210 million to $220 million.
Toast reported first-quarter 2026 results, with net income of $126 million, up from $56 million a year earlier, and diluted EPS of $0.20 versus $0.09. The company raised its full-year 2026 adjusted EBITDA outlook to $790 million to $810 million, from $775 million to $795 million, which signals higher expected profitability for shareholders.
Net income was $126 million in Q1 2026, compared with $56 million in Q1 2025.
Operating income was $110 million, compared with $43 million a year earlier.
Full-year 2026 adjusted EBITDA outlook raised to $790 million to $810 million; non-GAAP subscription services and financial technology solutions gross profit growth outlook raised to 21%-23%.
Repurchased 14 million shares for $378 million year-to-date through May 6, 2026.
Toast reported fourth-quarter 2025 total revenue of $1.6 billion, up from $1.3 billion a year earlier, and GAAP net income of $101 million, up from $33 million. On February 10, 2026, its board approved a $500 million increase to the existing share repurchase program, which has no expiration date and does not require any minimum purchases. Toast also gave 2026 guidance for full-year Adjusted EBITDA of $775 million to $795 million.
Q4 2025 total revenue was $1.6 billion ($1,633 million), up from $1.3 billion ($1,338 million) in Q4 2024.
Full-year 2025 GAAP net income was $342 million, compared with $19 million in 2024; Adjusted EBITDA was $633 million, compared with $373 million.
For 2026, Toast expects Q1 Adjusted EBITDA of $160 million to $170 million and full-year Adjusted EBITDA of $775 million to $795 million.
On February 10, 2026, the board approved a $500 million increase to the share repurchase program for Class A common stock.
Toast appointed Rossana Niola, formerly an Assistant Corporate Controller at Mastercard, as Chief Accounting Officer, with her employment expected to start January 26, 2026, and as principal accounting officer effective March 2, 2026. Interim officer Ms. Gomez will step down from those interim roles and remain President and Chief Financial Officer.
Rossana Niola (46) appointed Chief Accounting Officer; principal accounting officer role effective March 2, 2026
Base salary of $400,000, a one-time sign-on bonus of $175,000, and a 40% annual target bonus
Expected equity grants of $1.5 million in restricted stock units and $1.5 million in stock options, vesting over four years
Ms. Gomez ceases interim accounting roles and continues as President and Chief Financial Officer
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Toast filing is on SEC EDGAR ↗. 8-K briefs of other companies →