Earnings summaries and quarterly performance for PAR TECHNOLOGY.
Executive leadership at PAR TECHNOLOGY.
Board of directors at PAR TECHNOLOGY.
Research analysts who have asked questions during PAR TECHNOLOGY earnings calls.
Charles Nabhan
Stephens Inc.
6 questions for PAR
Mayank Tandon
Needham & Company, LLC
6 questions for PAR
Andrew Harte
BTIG, LLC
5 questions for PAR
George Sutton
Craig-Hallum
5 questions for PAR
Adam Wyden
ADW Capital Management
4 questions for PAR
Eric Martinuzzi
Lake Street Capital Markets
4 questions for PAR
Samad Samana
Jefferies
4 questions for PAR
Stephen Sheldon
William Blair & Company
4 questions for PAR
William Nance
The Goldman Sachs Group, Inc.
3 questions for PAR
Anja Soderstrom
Sidoti & Company, LLC
2 questions for PAR
Jeremy Sellers
Jefferies
2 questions for PAR
Max Michaelis
Lake Street Capital
2 questions for PAR
Stephen Sheldon
William Blair
2 questions for PAR
Mark Palmer
The Benchmark Company, LLC
1 question for PAR
Will Nance
Goldman Sachs
1 question for PAR
Recent press releases and 8-K filings for PAR.
- PAR Technology achieved strong financial results in Q4 2025, with total revenue of $120.1 million (up 14% year-over-year) and non-GAAP net income of $2.6 million ($0.06 EPS), marking its third consecutive quarter of non-GAAP profitability. Full-year revenue reached $455.5 million, with 21% organic growth.
- Annual Recurring Revenue (ARR) grew organically by 15% year-over-year to $315.4 million by the end of Q4 2025, driven by an 18% increase in subscription services revenue to $76 million. The company is positioning itself as an AI-driven hospitality platform, launching new AI products like Coach AI and PAR Drive AI, and securing a significant partnership with Papa Johns.
- PAR anticipates mid-teens ARR growth for 2026, with a projected stronger second half, and has authorized a $100 million share buyback. The company noted cost pressures on hardware components due to AI infrastructure demand, expected to continue into 2027.
- PAR Technology reported Q4 2025 revenue of $120.1 million, a 14% increase year-over-year, and achieved non-GAAP net income of $2.6 million, marking its third consecutive quarter of non-GAAP profitability.
- For the full year 2025, revenue reached $455.5 million, up $105 million year-over-year with 21% organic growth, and non-GAAP net income improved by over $30 million.
- The company exited Q4 2025 with Annual Recurring Revenue (ARR) of $315.4 million, representing 15% organic growth, fueled by multi-product deals and significant customer wins like Papa Johns.
- PAR is aggressively investing in AI, launching Coach AI and PAR Drive AI, and expects to eliminate approximately $15 million in annualized OpEx through AI-driven automation by the end of Q1 2026.
- PAR Technology reported Q4 2025 revenue of $120.1 million, a 14% year-over-year increase, and achieved $2.6 million in non-GAAP net income, marking its third consecutive quarter of non-GAAP profitability. Full-year revenue reached $455.5 million, up $105 million year-over-year.
- Annual Recurring Revenue (ARR) grew to $315.4 million by the end of Q4 2025, representing 15% organic growth, with a record $17 million incremental increase in the quarter.
- The company is positioning itself as an AI-driven hospitality platform, launching new AI products like Coach AI and PAR Drive AI, and securing a significant partnership with Papa Johns for 3,200 sites.
- PAR expects to eliminate approximately $15 million in annualized operating expenses through AI-driven automation by the end of Q1 2026 and projects continued mid-teens organic ARR growth for 2026.
- Management indicated that M&A is a lower priority given the current stock price, and anticipates component cost pressures to continue into 2027 due to demand from AI infrastructure build-outs.
- PAR Technology reported Adjusted EBITDA of $7.0 million in Q4 2025, an increase of $1.3 million from Q4 2024.
- Total revenues, net, reached $120.101 million in Q4 2025, up from $105.005 million in Q4 2024.
- The company achieved $315.4 million in Total Annual Recurring Revenue (ARR) in Q4 2025, reflecting 16% year-over-year growth, with organic ARR growing 15% year-over-year to $313.3 million.
- Key operational highlights include $17 million in sequential ARR growth, Papa Johns selecting PAR POS and PAR OPS, and the launch of Coach AI, now deployed across nearly 900 stores.
- PAR Technology Corporation announced its financial results for the fourth quarter and full year ended December 31, 2025.
- Annual Recurring Revenue (ARR) grew to $315.4 million in Q4 2025, reflecting a 16% total growth and 15% organic growth from Q4 2024, with a sequential increase of $17.0 million from Q3 2025.
- The Board of Directors authorized a $100 million share repurchase program, effective February 26, 2026, which is set to expire on February 26, 2028.
- For Q4 2025, GAAP Revenue was $120.1 million and GAAP Net Loss from Continuing Operations was $(20.9) million. For the full year 2025, GAAP Revenue reached $455.5 million and GAAP Net Loss from Continuing Operations was $(84.7) million.
- PAR Technology Corporation reported Q4 2025 GAAP Revenue of $120.1 million and Full Year 2025 GAAP Revenue of $455.5 million, representing increases of 14.4% and 30.2% respectively over the prior year periods.
- Annual Recurring Revenue (ARR) grew to $315.4 million in Q4 2025, a 16% total growth year-over-year, and increased by $17.0 million sequentially from Q3 2025.
- For Q4 2025, GAAP Net Loss from Continuing Operations was $(20.9) million, while Non-GAAP Adjusted EBITDA was $7.0 million. For the full year 2025, GAAP Net Loss from Continuing Operations was $(84.7) million and Non-GAAP Adjusted EBITDA was $23.0 million.
- The company's Board of Directors has authorized a $100 million share repurchase program.
- PAR Technology Corporation has agreed to acquire Bridg, an identity resolution and shopper intelligence platform, from Cardlytics, Inc..
- The purchase price is $27.5 million, with a maximum total of $30.0 million, and will be paid in shares of PAR Technology common stock.
- The transaction is expected to close in the first quarter of 2026.
- Based on the maximum purchase price, PAR anticipates issuing up to approximately 950,000 Consideration Shares, which would represent about 2.3% of the outstanding common stock after the issuance.
- This acquisition is intended to accelerate PAR's roadmap for consumer data, loyalty, and media innovation, creating a unified data set for retail and restaurant activation.
- PAR's multi-product strategy saw 70% of new deals in 2025 involve multiple products, leading to higher revenue per user and increased customer stickiness.
- The company secured a significant win with Papa John's, which is expected to be its second or third largest restaurant customer, contributing $14-$15 million in ARR and opening up the enterprise pizza market. The rollout is planned over 2027, with installations starting in Q4 2026, at a strong pricing of $4,500 per store.
- PAR aims to return to a 20% ARR subscription growth target from its current mid-teens growth, driven by large deals like Papa John's and continued execution on existing wins.
- PAR is actively integrating AI, which has improved internal engineering efficiency and led to the launch of its first AI SKU, Coach AI, in September, with a strong pipeline and paying customers.
- PAR announced a significant deal with Papa John's, which will become its second or third largest restaurant customer, contributing $14-$15 million in ARR. This partnership opens the enterprise pizza market, with deployment across 3,200 U.S. locations commencing in Q4 2026 and concluding in 2027.
- The company is targeting a return to 20% ARR subscription growth, currently operating in the mid-teens. PAR expects updates on two additional Tier 1 opportunities in Q2 2026 and later in 2026, with one potentially being transformative.
- PAR launched its first AI product, Coach AI, in late September (2025), which is already generating monthly revenue. AI has also enhanced engineering efficiency, with R&D expenses at 21-23% of revenues.
- The company anticipates achieving free cash flow positive status in 2027, following a $7-$8 million generation in the most recent quarter (Q4 2025). Long-term EBITDA margins are projected to be high, potentially surpassing mid-20s cash flow margins, driven by efficient R&D and sales & marketing.
- PAR's multi-product strategy is proving successful, with 70% of new deals in 2025 being multi-product, up from zero two years prior, leading to higher Average Revenue Per User (ARPU) and increased customer stickiness.
- The company secured a significant deal with Papa John's, which is expected to generate $14 million-$15 million in Annual Recurring Revenue (ARR) and will become PAR's second or third largest restaurant customer. This deal covers 3,200 U.S. locations at $4,500 per store and opens up the enterprise pizza market for PAR.
- PAR is actively expanding its Total Addressable Market (TAM) by entering new adjacent categories, including convenience stores and the pizza market.
- PAR launched its first AI-powered SKU, Coach AI, in September 2025, with paying customers, and plans to integrate AI across its product suite for enhanced UI/UX and new product creation.
- The company anticipates being free cash flow positive in 2026.
Quarterly earnings call transcripts for PAR TECHNOLOGY.
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