PAR Technology (NYSE:PAR) Issues Quarterly Earnings Results

PAR Technology (NYSE:PAR) issued its quarterly earnings results on Thursday. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.16, FiscalAI reports. The firm had revenue of $120.10 million for the quarter, compared to analysts’ expectations of $116.39 million. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.30%. PAR Technology’s revenue for the quarter was up 14.4% compared to the same quarter last year.

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

• PAR reported a strong Q4 with revenue of $120.1M (up 14% YoY), full-year revenue of $455.5M, third consecutive quarter of non-GAAP profitability and $7M of adjusted EBITDA, signaling improving operating leverage.
• ARR exited Q4 at $315.4M (15% organic growth) with record incremental ARR of $17M and very high multi-product attach (80–90%), highlighted by a major Papa Johns deal and >$25M bookings for PAR POS.
• PAR is aggressively positioning as an AI-native platform: Coach AI is live in ~1,000 stores, PAR Drive AI launched for C-stores, and management expects AI-driven automation to deliver roughly $15M in annualized OpEx savings.
• Material supply-chain pressure on components (SSDs, memory, processors) is elevating hardware costs, dragging hardware margin down (23% from 26%) and management expects constrained availability and pricing pressure could persist into 2027.

PAR Technology Stock Performance

PAR stock traded down $6.02 during midday trading on Friday, reaching $16.44. 6,285,964 shares of the company were exchanged, compared to its average volume of 1,397,730. PAR Technology has a one year low of $15.44 and a one year high of $72.15. The firm has a market capitalization of $667.42 million, a price-to-earnings ratio of -7.91 and a beta of 1.35. The business has a 50-day moving average price of $29.66 and a two-hundred day moving average price of $36.57. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.70 and a quick ratio of 1.51.

Analysts Set New Price Targets

PAR has been the subject of a number of analyst reports. Stephens decreased their price target on PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday. BTIG Research decreased their target price on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Friday. Needham & Company LLC dropped their price target on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Insider Transactions at PAR Technology

In other news, major shareholder Voss Capital, Lp bought 25,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were bought at an average price of $34.56 per share, with a total value of $864,000.00. Following the completion of the transaction, the insider owned 3,613,898 shares of the company’s stock, valued at $124,896,314.88. This trade represents a 0.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Bryan A. Menar sold 6,500 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $35.53, for a total value of $230,945.00. Following the transaction, the chief financial officer owned 71,481 shares in the company, valued at approximately $2,539,719.93. This trade represents a 8.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have bought 196,035 shares of company stock valued at $7,103,730. 3.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP acquired a new position in shares of PAR Technology in the third quarter valued at about $1,470,000. First Trust Advisors LP boosted its holdings in PAR Technology by 6.9% in the 3rd quarter. First Trust Advisors LP now owns 29,662 shares of the software maker’s stock valued at $1,174,000 after purchasing an additional 1,912 shares during the period. Intech Investment Management LLC grew its position in shares of PAR Technology by 31.3% during the 1st quarter. Intech Investment Management LLC now owns 22,044 shares of the software maker’s stock worth $1,352,000 after purchasing an additional 5,254 shares in the last quarter. Nebula Research & Development LLC acquired a new position in shares of PAR Technology during the 2nd quarter worth approximately $1,149,000. Finally, XTX Topco Ltd increased its holdings in shares of PAR Technology by 41.6% during the fourth quarter. XTX Topco Ltd now owns 25,094 shares of the software maker’s stock worth $910,000 after purchasing an additional 7,366 shares during the period.

More PAR Technology News

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

• Positive Sentiment: Revenue and ARR momentum — PAR reported quarterly revenue above consensus and management said it closed the second half of the year with “incredible momentum,” noting meaningful ARR additions. Business Wire: PAR Q4 and FY2025 Results
• Positive Sentiment: Earnings revenue beat confirmation — third‑party reports and the company release show revenue growth (~14% YoY) that topped estimates, supporting the growth story even as profits lag. QuiverQuant: Q4 results summary
• Neutral Sentiment: Full Q4 earnings materials and call transcript available for deeper review — useful for investors who want line-by-line detail on guidance, ARR composition and product commentary. Q4 Press Release / Slide Deck Seeking Alpha: Q4 2025 Call Transcript
• Neutral Sentiment: Media snapshots summarize results and market reaction — useful for quick context on headlines versus the report. Stamford Advocate: Q4 Snapshot MSN: Strong Q4 but stock drops
• Negative Sentiment: Profitability and cash concerns — reports flag operating loss, continuing net loss dynamics and a year‑over‑year decline in cash from operations, which raise near‑term earnings/cash‑flow risk despite revenue growth. QuiverQuant: Profitability & cash flow details
• Negative Sentiment: Analyst price target cuts this morning — Stephens and BTIG trimmed targets to $45 (maintaining overweight/buy) and Needham cut to $30 while keeping a buy stance; lowered targets can sap momentum even though ratings stayed positive. Benzinga: Analyst target changes TickerReport: BTIG note
• Negative Sentiment: Technical/volume pressure — shares are trading heavily (well above average volume) and remain far below recent moving averages and prior price targets, increasing the likelihood of additional downside in the short term for traders and momentum‑based funds.

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.