PAR Technology (NYSE:PAR) Releases Earnings Results, Beats Expectations By $0.03 EPS

PAR Technology (NYSE:PAR) announced its quarterly earnings data on Thursday. The software maker reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03, FiscalAI reports. PAR Technology had a negative net margin of 16.04% and a negative return on equity of 2.56%. The firm had revenue of $123.97 million during the quarter, compared to analyst estimates of $116.88 million. During the same quarter in the prior year, the firm posted ($0.01) earnings per share. PAR Technology’s quarterly revenue was up 19.4% on a year-over-year basis.

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

• Q1 results and new formal guidance: PAR reported Q1 revenue of $124M (+19% YoY), ARR of $330M (+16%), adjusted EBITDA of $8.9M, and issued Q2 revenue guidance of $122.5M–$127.5M and full?year 2026 revenue guidance of $500M–$515M with adjusted EBITDA of $44M–$47M.
• PAR Intelligence — AI as an incremental revenue engine: Management is scaling its agentic AI platform (live in ~1,700 retail sites), expects to monetize AI in 2026 without cannibalizing per?site software, and targets in?year adoption of >50,000 sites.
• Stronger profitability and operating leverage: Non?GAAP OpEx fell to 43% of revenue (650 bps improvement YoY), adjusted EBITDA and non?GAAP net income turned positive, and the company expects sequential OpEx declines and positive quarterly operating cash flow for the rest of 2026.
• Tier?1 rollouts and hardware momentum: Hardware revenue was $29M (+34% YoY) amid major rollouts (Burger King >400 sites/month with 3,000+ sites planned this year) and a Papa Johns implementation underway, though hardware margins face tariff pressure and should stabilize in the low?20s.
• Bridg acquisition and data/identity capabilities: Bridg closed with ~$14M ARR and is positioned to boost PAR’s first?party identity resolution (citing a client example with a 44% sales lift), supporting PAR’s AI outcomes and cross?sell pipeline.

PAR Technology Trading Down 3.5%

PAR stock traded down $0.53 during mid-day trading on Friday, hitting $14.46. 2,266,704 shares of the company were exchanged, compared to its average volume of 1,422,991. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $596.39 million, a P/E ratio of -7.73 and a beta of 1.32. The business has a fifty day simple moving average of $14.78 and a 200-day simple moving average of $26.52. PAR Technology has a 12-month low of $11.59 and a 12-month high of $72.15.

Analysts Set New Price Targets

PAR has been the subject of a number of analyst reports. BTIG Research dropped their price objective on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 27th. Jefferies Financial Group set a $18.00 price objective on shares of PAR Technology in a report on Saturday. William Blair reissued an “outperform” rating on shares of PAR Technology in a report on Friday, March 13th. Stephens dropped their price objective on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, Benchmark dropped their price objective on shares of PAR Technology from $42.00 to $33.00 and set a “buy” rating for the company in a report on Monday, March 16th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, PAR Technology presently has an average rating of “Moderate Buy” and a consensus target price of $30.67.

Insider Activity at PAR Technology

In other PAR Technology news, CFO Bryan A. Menar sold 6,588 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $115,224.12. Following the completion of the transaction, the chief financial officer owned 64,893 shares of the company’s stock, valued at $1,134,978.57. This trade represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Michael Anthony Steenberge sold 2,342 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $17.49, for a total transaction of $40,961.58. Following the transaction, the chief accounting officer directly owned 26,439 shares of the company’s stock, valued at approximately $462,418.11. This trade represents a 8.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 90,689 shares of company stock worth $1,600,226. 3.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. State of Wyoming purchased a new position in PAR Technology during the fourth quarter worth about $34,000. Kestra Advisory Services LLC purchased a new position in PAR Technology during the fourth quarter worth about $35,000. AQR Capital Management LLC acquired a new stake in shares of PAR Technology during the fourth quarter worth about $201,000. Tower Research Capital LLC TRC lifted its position in shares of PAR Technology by 278.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,115 shares of the software maker’s stock worth $216,000 after purchasing an additional 2,291 shares in the last quarter. Finally, &PARTNERS lifted its position in shares of PAR Technology by 10.6% during the fourth quarter. &PARTNERS now owns 6,444 shares of the software maker’s stock worth $234,000 after purchasing an additional 620 shares in the last quarter.

More PAR Technology News

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

• Positive Sentiment: PAR beat Q1 expectations with earnings of $0.10 per share versus the $0.07 estimate, and revenue of $123.97 million topped forecasts as sales rose 19.4% year over year. PAR Technology Corporation Announces First Quarter 2026 Results
• Positive Sentiment: Management said adjusted EBITDA doubled to $9 million, suggesting better operating leverage as the company scales its platform. PAR Technology Corporation Announces First Quarter 2026 Results
• Positive Sentiment: The company raised revenue guidance, with FY 2026 sales now expected at $500 million to $515 million and Q2 revenue guidance of $122.5 million to $127.5 million, both above consensus. PAR Technology Corporation Announces First Quarter 2026 Results
• Neutral Sentiment: Despite the revenue beat, PAR remains unprofitable, with a wider operating loss and net loss in the quarter, so investors may stay focused on whether growth can translate into durable profits. PAR Technology Corporation Announces First Quarter 2026 Results
• Neutral Sentiment: Several writeups and the earnings call transcript are reinforcing the same message: the quarter was better than expected, which is helping sentiment around the stock. PAR Technology Corporation (PAR) Q1 2026 Earnings Call Transcript

About PAR Technology

PAR Technology Corp is a provider of enterprise software and hardware solutions for the hospitality, foodservice and retail industries. The company’s platforms are designed to streamline front- and back-of-house operations, covering point-of-sale (POS) systems, kitchen display and dispatch, inventory and labor management, and reporting tools. PAR’s integrated approach enables operators of full-service restaurants, quick-service chains, bars, hotels, casinos and retail outlets to centralize data and automate workflows across multiple sites.

Key offerings include PAR Brink, a cloud-native POS application that supports touchscreen, mobile and tablet devices; PAR Cloud Services, which delivers software updates, reporting and analytics through a subscription model; and hardware solutions such as payment terminals, handheld devices and self-service kiosks.