PAR Technology Corporation

NYSE:PAR Stock Report

Market Cap: US$555.2m

PAR Technology Past Earnings Performance

Past criteria checks 0/6

PAR Technology's earnings have been declining at an average annual rate of -8.7%, while the Software industry saw earnings growing at 27.2% annually. Revenues have been growing at an average rate of 11.6% per year.

Key information

-8.73%

Earnings growth rate

1.94%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate11.64%
Return on equity-9.23%
Net Margin-16.04%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 03

PAR: AI Initiatives Will Face Pressure From Weaker Profit Expectations

Analysts have cut their price target on PAR Technology from $18 to $12, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and a lower future P/E multiple. What's in the News PAR Technology issued earnings guidance for the second quarter ending June 30, 2026, with expected total revenue between $122.5 million and $127.5 million.
Narrative Update May 16

PAR: AI Data Platform And Buybacks Will Support Future Upside

Analysts have reset their price target for PAR Technology from $40 to $18, reflecting updated views on fair value, a slightly higher discount rate, more moderate revenue growth assumptions, higher profit margin expectations, and a lower future P/E multiple. What's in the News Issued earnings guidance for the second quarter of 2026, with expected total revenue between US$122.5 million and US$127.5 million, and full year 2026 revenue guidance between US$500.0 million and US$515.0 million (corporate guidance).
Narrative Update May 02

PAR: AI Expansion And Buybacks Will Support Future Upside Potential

Analysts have modestly adjusted their view on PAR Technology, trimming the implied fair value to about $35.00 as they fine tune assumptions around the discount rate, long term profit margin, and future P/E multiples. What's in the News PAR Technology launched PAR Intelligence, an agentic AI layer that sits across its product ecosystem and uses first party data from over 12 billion annual transactions, 640 million guest and customer profiles, and 150,000 locations to support multi unit restaurant and retail operators, with agents focused on insights, offer creation, and developer support.
Narrative Update Apr 17

PAR: AI Data Platform And Share Repurchases Will Drive Future Upside

Analysts have revised their fair value estimate for PAR Technology from $71.93 to $45.00. This change reflects updated views on discount rates, revenue growth, profit margins, and a very high future P/E assumption.
Narrative Update Apr 03

PAR: New Restaurant Wins And Buyback Will Support Future Upside Potential

Analysts maintained their PAR Technology fair value estimate at $35.67 per share, making only slight adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects a generally consistent view of the stock's long term potential.
Narrative Update Mar 20

PAR: New Restaurant Wins And Buyback Will Support Long Term Profitability

Analysts have lowered their price target on PAR Technology to about $35.67 from roughly $59.11. This change reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 05

PAR: Future Share Repurchases And AI Platform Expansion Will Create Upside Potential

Analysts have reset their price target on PAR Technology from $97.00 to about $71.93. This reflects updated views on fair value, a higher discount rate, more moderate revenue growth assumptions, a much lower profit margin outlook, and a very large future P/E estimate.
Narrative Update Feb 19

PAR: Expanding Restaurant Platform Adoptions Will Support Future Loyalty And Payments Upside

Analysts have reaffirmed their $40.00 price target for PAR Technology, citing updated assumptions around discount rates, revenue growth, profit margins, and a slightly higher future P/E multiple as key inputs behind the latest view. What's in the News Jack's Family Restaurants is expanding its partnership with PAR Technology, rolling out PAR POS, PAR Pay, and PAR Hardware, including PAR Wave and Kitchen Display Systems, across roughly 300 locations to create a single enterprise platform for POS, payments, loyalty, and hardware (Key Developments).
Narrative Update Feb 05

PAR: Expanding Restaurant Partnerships Will Support Stronger Long Term Profitability

Analysts have adjusted their price target on PAR Technology, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E. Together, these factors point to a fair value estimate of about $59.11 per share.
Analysis Article Jan 28

Lacklustre Performance Is Driving PAR Technology Corporation's (NYSE:PAR) 25% Price Drop

PAR Technology Corporation ( NYSE:PAR ) shares have had a horrible month, losing 25% after a relatively good period...
Narrative Update Jan 22

PAR: Unified Restaurant Tech Stack Will Support Stronger Long Term Profitability

Analysts have trimmed their fair value estimate for PAR Technology slightly to about US$59.11 from roughly US$59.33, reflecting updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Papa Johns selected PAR POS and PAR OPS to anchor its next generation U.S. in restaurant technology stack, planning a full rollout across all U.S. corporate and franchise locations by the end of 2027, with AI powered labor, inventory, and restaurant management on one platform (Client Announcements).
Narrative Update Jan 07

PAR: Expanding Restaurant Partnerships Will Support Future Loyalty And Payments Upside

Analysts have reduced their fair value estimate for PAR Technology from US$50.00 to US$40.00, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that they see as better aligned with current expectations. What's in the News PAR Technology launched Smart Passes, a wallet native loyalty tool within the Punchh platform that uses Apple and Google Wallet to deliver real time points, perks, and offers without requiring app downloads or logins (Key Developments).
Narrative Update Dec 14

PAR: New Restaurant Tech Offerings Will Drive Higher Long Term Profitability

Analysts have nudged their price target on PAR Technology slightly higher to approximately $59.33 per share, reflecting marginally lower perceived risk and steady expectations for long term revenue growth, profitability, and valuation multiples. What's in the News Launched Smart Passes, a wallet native loyalty solution that turns Apple and Google Wallet into a real time, app free channel for guest enrollment, rewards delivery, and offer activation, expanding the capabilities of the Punchh platform for mobile first restaurant guests (Key Developments).
Seeking Alpha Dec 11

PAR Technology: The Reset Is Done, Now Execution Decides The Stock

Summary PAR Technology now trades at a reset valuation near 4x revenue, presenting an attractive entry after operational noise earlier this year. Q3 results showed 22% ARR growth to $298M, 25% subscription revenue growth, and improving attach rates, reinforcing confidence in PAR’s platform adoption. Execution on large customer rollouts, especially with RBI brands, and maintaining mid-teens organic ARR growth are crucial for near-term rerating. Improved EBITDA, cash flow, and margin expansion signal operational progress, but concentration risk and hardware drag remain key monitoring points. Read the full article on Seeking Alpha
Narrative Update Nov 28

PAR: Recent Partnerships And Product Launches Will Support Margin Expansion

Analysts have revised their price target for PAR Technology downward from $68.44 to $59.33. This update is based on more moderate revenue growth expectations and slight adjustments to profit margin projections.
Narrative Update Nov 14

PAR: Expanding Restaurant Solutions Will Drive Stronger Profit Margins Ahead

Analysts have revised their price target for PAR Technology from $71.33 to $68.44, citing tempered expectations for revenue growth and fair value due to improved profit margins and slightly lower discount rates. What's in the News PAR Technology launched PAR Catering, a next-generation solution to help restaurants manage catering opportunities, streamline operations, and integrate with the PAR Ordering suite (Product-Related Announcements).
Narrative Update Oct 30

PAR: Expanding Guest Engagement Will Drive New Platform Adoption and Expansion

Analysts have modestly updated their price target for PAR Technology to $71.33, citing minor changes in the discount rate and profitability assumptions. What's in the News Krystal Restaurants LLC selects PAR Punchh® to power its new Club Krystal loyalty program, supporting national expansion and deeper guest engagement (Client Announcements).
Narrative Update Oct 16

Unified Cloud Platform Will Open New Global Markets

Analysts have revised their price target for PAR Technology downward from $76.00 to $71.33, citing updated discount rates and profit margin forecasts in their evaluation. What's in the News Layne's Chicken Finger selected PAR Engagement to modernize digital ordering and loyalty as it expands, with over 300 new restaurants planned.
Analysis Article Oct 02

Some PAR Technology Corporation (NYSE:PAR) Shareholders Look For Exit As Shares Take 26% Pounding

Unfortunately for some shareholders, the PAR Technology Corporation ( NYSE:PAR ) share price has dived 26% in the last...
Narrative Update Aug 20

Unified Cloud Platform Will Open New Global Markets

The reduction in PAR Technology's analyst price target reflects a modest decline in its forward P/E multiple, while revenue growth expectations remain steady, resulting in a new consensus fair value of $76.00. What's in the News PAR Retail achieved qualification to support retailers at Tier 4, the highest level of Altria Group Distribution Company's 2026 Digital Trade Program, providing advanced digital engagement and loyalty capabilities for tobacco retailers.
Analysis Article Aug 17

PAR Technology Corporation (NYSE:PAR) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

NYSE:PAR 1 Year Share Price vs Fair Value Explore PAR Technology's Fair Values from the Community and select yours PAR...
Analysis Article Jul 23

Does PAR Technology (NYSE:PAR) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 30

Is Now The Time To Look At Buying PAR Technology Corporation (NYSE:PAR)?

PAR Technology Corporation ( NYSE:PAR ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article May 15

Revenues Tell The Story For PAR Technology Corporation (NYSE:PAR) As Its Stock Soars 26%

PAR Technology Corporation ( NYSE:PAR ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article Apr 18

Is PAR Technology (NYSE:PAR) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 28

Investors Appear Satisfied With PAR Technology Corporation's (NYSE:PAR) Prospects

When close to half the companies in the Electronic industry in the United States have price-to-sales ratios (or "P/S...
Seeking Alpha Mar 25

PAR Technology: Great Earnings Outlook, Buy The Dip

Summary PAR Technology Corporation's transition to a subscription-based model and strategic acquisitions drive significant growth, with annual recurring revenue up 102% year-over-year. Key acquisitions like Delaget and TASK Group enhance PAR’s capabilities in customer engagement, data analytics, and international expansion, broadening its market reach. Despite margin pressures and customer concentration risks, PAR’s strong revenue growth and expanding partnerships, like with Burger King, support a positive long-term outlook. Valuation shows a premium, but PAR’s market leadership and growth potential in the restaurant and retail tech markets justify a buy recommendation. Read the full article on Seeking Alpha
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New Narrative Mar 21

Expanding Burger King Partnership Will Open New Opportunities In 2025

Expanded partnership with Burger King and acquisition of Delaget drive growth through new implementations, cross-sell opportunities, and increased customer lifetime value in key markets.
Analysis Article Jan 08

Does PAR Technology (NYSE:PAR) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha Jan 02

PAR Technology: On A Mission To Improve Food Technology

Summary PAR Technology Corporation's shares surged in 2024 due to its transformation into a SaaS player, despite significant dilution and rising valuations. PAR offers integrated software solutions for restaurants, with notable clients like Burger King and Five Guys, and has doubled revenue since 2018. Despite strong revenue growth and strategic acquisitions, PAR remains unprofitable, with a high sales multiple and ongoing shareholder dilution. While the company's vision and momentum are compelling, the current valuation and lack of profitability warrant a cautious outlook for 2025. Read the full article on Seeking Alpha
Analysis Article Dec 12

A Look At The Intrinsic Value Of PAR Technology Corporation (NYSE:PAR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, PAR Technology fair value estimate is US$76.25 PAR...
Seeking Alpha Nov 20

PAR Technology: Accelerating Growth And Inflecting To Profitability

Summary Earlier this year, we invested additional capital into PAR as they raised money through a PIPE. Offering enabled PAR to fund their acquisition of restaurant technology provider TASK, which gave PAR an international product offering and both McDonald’s and Starbucks as customers. Winning Burger King and Wendy’s as customers have led to the biggest RFP pipeline in the company’s history. Growing the ARR/Share from $1.04 to $5.30 (as of June 30, 2024) with line of sight to >$8. Read the full article on Seeking Alpha
Analysis Article Nov 07

There's Reason For Concern Over PAR Technology Corporation's (NYSE:PAR) Massive 26% Price Jump

Despite an already strong run, PAR Technology Corporation ( NYSE:PAR ) shares have been powering on, with a gain of 26...
Analysis Article Sep 17

PAR Technology Corporation's (NYSE:PAR) Share Price Not Quite Adding Up

PAR Technology Corporation's ( NYSE:PAR ) price-to-sales (or "P/S") ratio of 4.8x may look like a poor investment...
Seeking Alpha Sep 17

PAR Technology: Attractive Growth Prospects, But Shares Are Richly Valued

Summary PAR Technology shares have risen nearly 30% this year, reflecting strong momentum in the underlying business. The company has significant expansion potential within its existing customer base and is now also addressing the needs of convenience stores. With its cost base expected to remain relatively stable, I anticipate substantial margin improvement through operating leverage in the business. However, given the current valuation of 9.2 times EV/ARR, I find the shares fully valued and recommend a Hold rating. Read the full article on Seeking Alpha
Seeking Alpha Aug 27

PAR Technology: EBITDA Profitability Is Coming Sooner

Summary PAR had a transformative, busy first six months of the year with a lot of fantastic progress. Based almost entirely on things that have already happened, EBITDA profitability is coming sooner and 2024 EBITDA is likely 2-3X "consensus." PAR is much closer to a pure-play software business, and as a result, they will likely change how they report results. Read the full article on Seeking Alpha
Analysis Article Aug 12

Time To Worry? Analysts Just Downgraded Their PAR Technology Corporation (NYSE:PAR) Outlook

Market forces rained on the parade of PAR Technology Corporation ( NYSE:PAR ) shareholders today, when the analysts...

Revenue & Expenses Breakdown

How PAR Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:PAR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26476-7616784
31 Dec 25456-8516482
30 Sep 25440-8916277
30 Jun 25418-9215976
31 Mar 25384-9414971
31 Dec 24350-9014267
30 Sep 24315-8612964
30 Jun 24287-8512061
31 Mar 24278-8311360
31 Dec 23277-8210958
30 Sep 23304-7410857
30 Jun 23329-7610756
31 Mar 23344-7310751
31 Dec 22262-8010349
30 Sep 22340-8110444
30 Jun 22325-929941
31 Mar 22309-839240
31 Dec 21283-768435
30 Sep 21260-637030
30 Jun 21237-355924
31 Mar 21214-344920
31 Dec 20214-374619
30 Sep 20208-294318
30 Jun 20199-324217
31 Mar 20197-244115
31 Dec 19187-163813
30 Sep 19181-163713
30 Jun 19182-273512
31 Mar 19190-273513
31 Dec 18201-243612
30 Sep 18210-233613
30 Jun 18213-83712
31 Mar 18222-53712
31 Dec 17233-43812
30 Sep 1723743611
30 Jun 1725063512
31 Mar 1724043412
31 Dec 1623033112
30 Sep 1622623011
30 Jun 1622332811
31 Mar 1622942810
31 Dec 1522942710
30 Sep 1523122710
30 Jun 1522612710

Quality Earnings: PAR is currently unprofitable.

Growing Profit Margin: PAR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PAR is unprofitable, and losses have increased over the past 5 years at a rate of 8.7% per year.

Accelerating Growth: Unable to compare PAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PAR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.3%).


Return on Equity

High ROE: PAR has a negative Return on Equity (-9.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 21:44
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PAR Technology Corporation is covered by 12 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark PalmerBenchmark Company
Andrew HarteBTIG
George SuttonCraig-Hallum Capital Group LLC