Sign in

You're signed outSign in or to get full access.

PAR TECHNOLOGY (PAR)

--

Earnings summaries and quarterly performance for PAR TECHNOLOGY.

Recent press releases and 8-K filings for PAR.

PAR Discusses Multi-Product Strategy Success and Papa John's Win
PAR
New Projects/Investments
Revenue Acceleration/Inflection
M&A
  • 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.
7 days ago
PAR Secures Papa John's Deal and Details Growth Initiatives
PAR
New Projects/Investments
Revenue Acceleration/Inflection
Guidance Update
  • 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.
7 days ago
PAR Highlights Multi-Product Strategy Success, Papa John's Win, and AI Initiatives
PAR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • 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.
7 days ago
PAR Discusses 2025 Market Trends, Growth Drivers, and Strategic Acquisitions
PAR
Demand Weakening
Revenue Acceleration/Inflection
M&A
  • PAR, a software provider for enterprise restaurant chains, is experiencing increased bookings in 2025 despite a weak restaurant market, as customers seek digital engagement and modern POS systems to address declining traffic and rising costs.
  • The company anticipates mid-teens organic ARR growth, with potential to reach 20%+ driven by a strong pipeline of large "tier one" deals (historically 1,000+ stores, now "many thousands").
  • Recent acquisitions, Task and Stuzo, have expanded PAR's addressable market into international regions and the convenience store sector, which includes approximately 150,000 enterprise C-stores in the U.S..
  • Hardware and professional services margins were negatively impacted in Q3 2025 by tariffs, but PAR is passing these costs to customers and expects a return to normal gross margins in the next year.
Dec 2, 2025, 11:15 PM
PAR Discusses Integrated Solutions, Market Growth, and Strategic Acquisitions at UBS Conference
PAR
New Projects/Investments
M&A
Revenue Acceleration/Inflection
  • PAR specializes in providing integrated software solutions including point-of-sale (POS), back office, online ordering, and loyalty to large enterprise restaurant chains, operating in a distinct market from down-market competitors.
  • Despite a weak restaurant market in 2025, PAR has seen a strong bookings year, benefiting from increased demand for customer engagement and robust POS systems during challenging times.
  • The company projects mid-teens or higher organic Annual Recurring Revenue (ARR) growth, with potential to exceed 20% through the successful closure of several large, "tier one" deals currently in its robust pipeline.
  • Strategic acquisitions such as Task for international expansion and Stuzo for the convenience store market are expanding PAR's addressable market and product portfolio, with Task showing early signs of transformative global brand opportunities.
  • Hardware and professional services margins faced pressure in Q3 due to tariffs, but PAR expects these margins to normalize in Q4 and into next year as the costs are passed on to customers.
Dec 2, 2025, 11:15 PM
PAR Discusses Business Strategy, Market Trends, and Growth Drivers at UBS Conference
PAR
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • PAR provides integrated software solutions, including point-of-sale, back office, online ordering, and loyalty, primarily to large enterprise restaurant chains in the quick service and fast casual categories, and is expanding into convenience stores.
  • The company has significantly expanded its market presence, now operating in 30,000 point-of-sale sites and 80,000 loyalty sites, gaining share from legacy providers like Oracle and NCR Global Payments.
  • Strategic acquisitions in 2024, such as Task for international expansion and Stuzo for the convenience store market, are aimed at broadening PAR's total addressable market and enhancing its product portfolio.
  • Despite a weak restaurant market in 2025, PAR has experienced strong bookings, as current economic pressures encourage restaurants to invest in digital engagement products and modern point-of-sale systems.
  • PAR anticipates mid-teens or higher organic ARR growth, with potential to accelerate to 20%+ through the successful capture of several large "Tier one" deals (defined as 1,000+ stores) currently in its pipeline.
Dec 2, 2025, 11:15 PM
PAR Technology Discusses SaaS Transformation, Strong 2025 Bookings Outlook, and AI Integration
PAR
Product Launch
Revenue Acceleration/Inflection
New Projects/Investments
  • PAR Technology has transformed from a hardware vendor into a unified cloud-native SaaS platform that powers enterprise restaurants, focusing on a platform approach to integrate solutions like POS, back office, online ordering, and loyalty.
  • The company anticipates 2025 to be its strongest bookings year ever, driven by a macro climate that accelerates technology adoption and a high cross-sell rate, with 70% of recent deals being multi-product.
  • PAR is heavily investing in AI integration into its products, having launched Coach AI for Back Office and planning an AI SKU for Loyalty, aiming to make workflows AI-native and leverage unified data.
  • The company maintains OpEx discipline, with non-GAAP OpEx being flat or down for 18 months and up single digits over three years, supported by cultural focus and AI-driven productivity gains, which supports confidence in achieving mid-teens ARR growth in 2025.
Nov 19, 2025, 5:00 PM
PAR Technology Discusses Business Transformation and 2025 Outlook
PAR
Guidance Update
Product Launch
Revenue Acceleration/Inflection
  • PAR Technology has transformed from a legacy hardware vendor into a unified cloud-native SaaS platform that powers enterprise restaurants, connecting front-of-the-house, loyalty, back office, and payments.
  • The company anticipates 2025 will be its strongest bookings year in history, driven by significant cross-sell momentum, with 70% of deals being multi-product in recent quarters.
  • PAR is focused on OpEx containment, with non-GAAP OpEx being flat or down for 18 months and up single digits over a three-year period, while still funding internal investments, including AI.
  • The product roadmap emphasizes AI-native solutions like Coach AI and AI for Loyalty, alongside continued integration of existing products to deepen its competitive moat.
  • The company aims to achieve at least mid-teens Annual Recurring Revenue (ARR) growth in 2025.
Nov 19, 2025, 5:00 PM
PAR Discusses Platform Strategy, 2025 Bookings Outlook, and AI Integration
PAR
Product Launch
Revenue Acceleration/Inflection
New Projects/Investments
  • PAR Technology has transformed from a hardware vendor into a unified cloud-native SaaS platform that powers enterprise restaurants, providing integrated front-to-back solutions including online ordering, loyalty, POS, and back office.
  • The company expects 2025 to be its strongest bookings year ever, driven by increased demand for loyalty and digital solutions, even amidst a challenging macro climate for restaurants.
  • 70% of PAR's deals in recent quarters have been multi-product, demonstrating significant cross-sell success, with the average customer now utilizing 1.9 to 2 products.
  • A key strategic focus is integrating AI into its products, including the recently launched "Coach AI" for Back Office and an upcoming AI SKU for Loyalty, to unify data and embed AI into customer workflows.
  • Software gross margins are strong at 66-70%, and incremental gross margin dollars largely flow to the bottom line due to tight operational expenses.
Nov 19, 2025, 5:00 PM
PAR Technology Reports Strong Q3 2025 Financial Results with Significant ARR Growth
PAR
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • PAR Technology reported total revenues of $119.183 million for Q3 2025, with Subscription Service revenue increasing 25% year-over-year.
  • The company achieved Adjusted EBITDA of $5.8 million in Q3 2025, marking a $3.4 million increase from Q3 2024, alongside $8.4 million in positive operating cash flow.
  • Annual Recurring Revenue (ARR) reached $298.4 million in Q3 2025, reflecting 22% year-over-year growth and 17% annualized sequential growth.
  • PAR continues its focus as a pure play food service technology company, emphasizing a unified platform strategy.
Nov 6, 2025, 9:30 PM