analyzeportfolio
NYSE · Technology

PAR TECHNOLOGY CORP (PAR)

As-reported financials and SEC filings for PAR TECHNOLOGY CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PAR TECHNOLOGY CORP

PAR Technology Corp provides cloud-based software and hardware solutions for the restaurant and retail industries, including quick service, fast casual, table service restaurants, and convenience and fuel retailers. Its products include point-of-sale systems, customer engagement and loyalty tools, digital ordering and delivery platforms, operational intelligence software, payment processing services, and related hardware such as terminals, tablets, and drive-thru systems. PAR serves enterprise restaurants, franchisees, and other foodservice and retail outlets worldwide.

Snapshot

Revenue
$455.5M
Revenue growth (YoY)
30.2%
Net income
$-84.5M
Diluted EPS
$-2.09
Gross margin
43.5%
Operating margin
-15.1%
Net margin
-18.5%
FCF margin
-6.7%
ROE
-10.2%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$777.6M
Long-term debt / equity
0.45×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Par Technology

  • Revenue grew 30.2% to $456M in FY2025, faster than the 26.5% the year before.
  • Operating margin is -15.1% in FY2025, +15.2 pp against -30.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $133M, up 18.7% from Q2 FY2025.
  • Free cash flow was negative $30M in FY2025.
  • Net loss widened to $84M in FY2025, from $5M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Par Technology’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin43.5%
42nd percentile of 509
Operating margin-15.1%
20th percentile of 563
Net margin-18.5%
17th percentile of 577
FCF margin-6.7%
16th percentile of 544
Revenue growth (YoY)+30.2%
84th percentile of 616
ROE-10.2%
28th percentile of 540
Long-term debt / equity0.45×
57th percentile of 278
Short interest9.56d
94th percentile of 622

20 reported insider purchases (code P) totaling $5.5M in the last 90 days, against 1 sale totaling $221,794. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
6
2 new, 4 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$40.6M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$13.0M745.0KAdded
Two Sigma InvestmentsquantQ2 2026$7.3M421.5KNew
Millennium ManagementquantQ2 2026$6.6M379.1KAdded
Renaissance TechnologiesquantQ2 2026$5.0M287.0KReduced
Citadel AdvisorsquantQ2 2026$4.7M268.1KAdded
AQR Capital ManagementquantQ2 2026$2.6M152.1KAdded
Point72 Asset ManagementquantQ2 2026$1.3M75.2KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
20
3 insiders
Bought (90d)
$5.5M
code P value
Sells (90d)
1
$222K
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-14
filed 2026-08-18
Ostertag OliverPresident, Growth & AISell11.8K$18.75$222K
2026-08-12
filed 2026-08-13
Singh NarinderDirectorBuy11.5K$17.36$200K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy64.0K$14.90$954K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy60.0K$14.90$894K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy16.0K$14.90$238K
2026-06-12
filed 2026-06-15
Pascal KeithDirectorBuy13.0K$15.16$197K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy6.9K$14.34$98K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy6.4K$14.34$92K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy1.7K$14.34$25K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy558$14.98$8K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy523$14.98$8K
2026-06-12
filed 2026-06-15
Voss Capital, LP10% ownerBuy139$14.98$2K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
9.7M
settled 2026-08-14
Change vs prior
-1.3%
vs previous settlement
Days to cover
9.56
at avg daily volume
Avg daily volume
1.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-149.7M-1.3%9.56
2026-07-319.8M-3.6%11.47
2026-07-1510.2M-4.7%10.24
2026-06-3010.7M-0.7%7.91
2026-06-1510.8M-1.4%7.20
2026-05-2910.9M-7.0%9.22
2026-05-1511.8M-3.0%6.63
2026-04-3012.1M-1.2%11.87

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$455.5M$350.0M$276.7M$262.3M$210.4M
Gross profit$198.0M$146.1M$89.4M$81.7M$56.3M
Operating income$-68.8M$-79.1M$-71.7M$-69.1M$-63.8M
Net income$-84.5M$-5.0M$-69.8M$-69.3M$-75.8M
Diluted EPS$-2.09$-0.14$-2.53$-2.55$-3.02

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-27.2M$-25.2M$-17.1M$-43.1M$-53.2M
Capital expenditure$3.3M$970,000$5.0M$1.2M$1.4M
Free cash flow$-30.5M$-26.2M$-22.1M$-44.2M$-54.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$133.4M18.7%$-16.9M$-0.41
Q1 FY2026$124.0M19.4%$-16.2M$-0.39
Q4 FY2025$120.1M14.4%$-20.9M$-0.51
Q3 FY2025$119.2M23.2%$-18.2M$-0.45
Q2 FY2025$112.4M43.8%$-21.0M$-0.52
Q1 FY2025$103.9M48.2%$-24.4M$-0.60
Q4 FY2024$105.0M50.2%$-21.1M$-0.60
Q3 FY2024$96.8M40.8%$-19.8M$-0.56

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryCalculating & Accounting Machines (No Electronic Computers)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2008
SEC CIK708821

Selected SEC filings

10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-03
View on EDGAR →
8-K2026-05-07
View on EDGAR →
8-K2026-04-15
View on EDGAR →

Largest Technology peers

All Technology companies →

Monitor PAR

Get an alert when Par Technology files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor PAR free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.