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Toast10-K: Customer churn

Toast identifies high churn risk among its core small- and medium-sized business (SMB) customers

What happened

The company states that its majority SMB customer base is more difficult and costly to retain and is more vulnerable to economic fluctuations, creating a direct risk to revenue stability and profitability.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

Toast 10-K for FY2025

Filing excerpt

A majority of our customers are small- and medium-sized businesses, which can be more difficult and costly to retain than enterprise customers and are subject to increased impacts of economic fluctuations, which may adversely affect our business and operations.

sec.gov/Archives/edgar/data/1650164/000165016426000057/tost-20251231.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-K: Customer churn

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 18, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Details

CIK
1650164
Accession number
0001650164-26-000057
Filing year
2026
Why it matters
Customer success tools needed
Signal category
Revenue

Topics and mentions

Technologies

  • SaaS
  • cloud-based
  • AI
  • Android

Vendors

  • Amazon Web Services

Regions named

  • United States

Extraction

Confidence
High
Relevance
85%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
customerChurn

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a648afd1-aef5-40fc-b745-458a896e5bb6 returns this record as JSON. POST /v1/companies/enrich returns every signal for toasttab.com.

{
  "signal_id": "a648afd1-aef5-40fc-b745-458a896e5bb6",
  "signal_type": "sec-10k",
  "signal_subtype": "customerChurn",
  "detected_at": "2026-02-24T09:29:15.506+00:00",
  "company": {
    "name": "Toast",
    "domain": "toasttab.com"
  },
  "data": {
    "detail": "The company states that its majority SMB customer base is more difficult and costly to retain and is more vulnerable to economic fluctuations, creating a direct risk to revenue stability and profitability. This highlights a need for effective customer retention and engagement solutions.",
    "summary": "Toast identifies high churn risk among its core small- and medium-sized business (SMB) customers",
    "excerpts": "A majority of our customers are small- and medium-sized businesses, which can be more difficult and costly to retain than enterprise customers and are subject to increased impacts of economic fluctuations, which may adversely affect our business and operations.",
    "relevance": 0.85,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1650164/000165016426000057/tost-20251231.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Customer success tools needed",
    "signal_category": "revenue",
    "regions_mentioned": [
      "United States"
    ],
    "vendors_mentioned": [
      "Amazon Web Services"
    ],
    "technologies_mentioned": [
      "SaaS",
      "cloud-based",
      "AI",
      "Android"
    ]
  }
}

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