PAR Technology (NYSE:PAR) Announces Earnings Results

PAR Technology (NYSE:PAR) issued its quarterly earnings data on Thursday. The software maker reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02, FiscalAI reports. PAR Technology had a negative return on equity of 0.69% and a negative net margin of 12.24%. The firm had revenue of $137.11 million during the quarter, compared to analyst estimates of $129.79 million. During the same quarter last year, the firm earned $0.06 EPS. PAR Technology’s quarterly revenue was up 15.0% on a year-over-year basis.

Here are the key takeaways from PAR Technology’s conference call:

• PAR reported record Q3 revenue of $137.1 million, up 15%, adjusted EBITDA of $17.1 million, and free cash flow of $17.7 million. It raised full-year 2026 guidance to $532.5–$536.5 million in revenue and $57.9–$59.4 million in adjusted EBITDA.
• ARR reached $354.5 million, with organic year-over-year growth of approximately 13% and a $16.5 million sequential increase. More than 80% of new Q3 deals were multi-product, while major rollouts—including Burger King and Papa John’s—are advancing.
• Operating leverage improved, but non-GAAP subscription margins were 66%; management said 66%–68% is a more foreseeable range, below historical levels near 70%. Bridg integration and the Plexure account remain margin headwinds, though Bridg margins improved sequentially.
• PAR is expanding PAR Intelligence and says it will focus on adoption and measurable customer outcomes in 2026, with monetization expected to develop afterward. Management described a traditional SaaS model as its current thinking but said it is too early to report a meaningful AI revenue metric.
• Hardware demand from large accounts remained strong, but PAR expects it to move toward historical levels after Q4. Inventory rose to about $41 million, partly to support near-term demand and memory-chip commitments; the company says those purchases lock in pricing 30%–40% below current rates.

PAR Technology Stock Performance

Shares of PAR stock traded up $1.28 on Friday, hitting $20.46. 2,826,863 shares of the stock traded hands, compared to its average volume of 874,460. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.89 and a current ratio of 2.21. PAR Technology has a 1-year low of $11.59 and a 1-year high of $40.54. The company’s fifty day moving average is $16.75 and its 200 day moving average is $17.07.

Insider Transactions at PAR Technology

In other PAR Technology news, Director Narinder Singh acquired 11,518 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of $17.36 per share, with a total value of $199,952.48. Following the completion of the acquisition, the director directly owned 38,527 shares in the company, valued at $668,828.72. This trade represents a 42.65% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.30% of the stock is owned by company insiders.

PAR Technology News Roundup

Here are the key news stories impacting PAR Technology this week:

• Positive Sentiment: PAR raised its 2026 revenue outlook to $532.5 million–$536.5 million, above the roughly $520.5 million consensus estimate. It also forecast fourth-quarter revenue of $138 million–$142 million, ahead of the $133.1 million consensus—signaling expectations for continued growth. PAR Technology Q4 revenue outlook
• Positive Sentiment: Third-quarter revenue was $137.11 million, up 15% year over year and above the cited analyst estimate of $129.79 million. PAR reported earnings of $0.24 per share, compared with $0.06 a year earlier. PAR Technology Q3 2026 results
• Positive Sentiment: Needham raised its price target to $30 from $25 and maintained a Buy rating, reflecting a more optimistic analyst outlook. Needham analyst recommendations
• Negative Sentiment: Despite the stronger sales and per-share earnings figures, PAR reported a negative net margin, indicating that profitability remains a concern.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PAR shares. Needham & Company LLC upped their target price on PAR Technology from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Friday. BTIG Research decreased their price target on shares of PAR Technology from $45.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, August 7th. JPMorgan Chase & Co. lifted their price target on shares of PAR Technology from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Weiss Ratings raised shares of PAR Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 27th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.17.

About PAR Technology

PAR Technology Corporation (NYSE:PAR) provides technology solutions for the restaurant and hospitality industries. Its offerings include point-of-sale systems, restaurant management software, digital ordering, loyalty and customer-engagement tools, payment solutions, workforce management, and related hardware and support services.

The company’s portfolio includes Brink POS, a cloud-based restaurant point-of-sale platform, and Punchh, a customer loyalty and engagement platform. PAR also provides tools designed to help restaurant operators manage digital channels, payments, data, and guest relationships through integrated technology solutions.

Founded in 1968, PAR Technology has expanded from its origins in restaurant and hospitality technology through organic development and acquisitions, including Punchh and Stuzo.