Toast, Inc. 8-K

What Happened

• Toast, Inc. (TOST) announced its financial results for the fiscal quarter and fiscal year ended December 31, 2025, in a press release dated February 12, 2026 (furnished as Exhibit 99.1 to the 8‑K). The company furnished — but did not “file” for Section 18 purposes — the press release.
• Separately, on February 10, 2026, Toast’s board approved an increase of $500 million to the company’s existing authorized share repurchase program for Class A common stock.

Key Details

• Financial results announced for the quarter and fiscal year ended December 31, 2025; press release furnished as Exhibit 99.1 on February 12, 2026.
• Board approved a $500 million increase to the share repurchase authorization (no expiration date; repurchases discretionary).
• Repurchases may be made via open‑market transactions (potentially in compliance with Rule 10b‑18) and through Rule 10b5‑1 plans; timing and amounts depend on market and business conditions.
• This 8‑K was signed by Elena Gomez, President and Chief Financial Officer, on February 12, 2026.

Why It Matters

• The earnings announcement is material for investors tracking Toast’s revenue, profitability and quarterly results for FY2025 (see the company press release for full financial metrics).
• The $500M buyback increase gives Toast flexibility to repurchase shares, which can reduce share count over time and affect per‑share metrics if and when repurchases occur. The program is discretionary and has no set timeline, so actual repurchases depend on market conditions and the company’s priorities.