PAR TECHNOLOGY CORP PAR
PAR is a leading foodservice technology company providing omnichannel cloud-based software and hardware solutions to the restaurant industry in three major restaurant categories – quick service, fast casual, and table service – and to the retail industry, including convenience and fuel retailers (C-Stores). Our product and service offerings include point-of-sale, customer engagement and loyalty, digital ordering and delivery, operational intelligence, payment processing, hardware, and related technologies, solutions, and services. We provide enterprise restaurants, franchisees, and other foodservice outlets with operational efficiencies through a data-driven network with integration capabilities from front- and back-of-house to customer fulfillment. Our omnichannel solutions are used in more than 150,000 active restaurants and retail locations across the world.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $455.5M | $350.0M | $276.7M | $262.3M | $210.4M | $213.8M | $187.2M | $201.2M | $232.6M | $229.7M |
| Cost of revenue | $257.5M | $203.9M | $187.3M | $180.6M | $154.1M | $174.5M | $149.8M | $163.7M | $181.6M | $183.5M |
| Gross profit | $198.0M | $146.1M | $89.4M | $81.7M | $56.3M | $39.3M | $37.4M | $37.5M | $51.0M | $46.2M |
| R&D | $81.8M | $67.3M | $58.4M | $48.6M | $34.6M | $19.3M | $13.4M | $12.4M | $12.0M | $11.6M |
| SG&A | $122.7M | $108.9M | $72.1M | $69.8M | $63.9M | $46.2M | $38.1M | $35.8M | $38.2M | $31.4M |
| Total operating expenses | $266.8M | $225.2M | $161.2M | $150.8M | $120.1M | $63.3M | $51.6M | $47.8M | $51.1M | $44.0M |
| Operating income | -$68.8M | -$79.1M | -$71.7M | -$69.1M | -$63.8M | -$23.9M | -$14.2M | -$10.3M | -$121.0K | $2.2M |
| Interest expense | — | — | $6.9M | $8.8M | $18.1M | $8.3M | $4.6M | $387.0K | $121.0K | $121.0K |
| Pre-tax income | -$81.7M | -$94.7M | -$79.8M | -$78.9M | -$94.9M | -$39.5M | -$19.2M | -$10.0M | $387.0K | $3.6M |
| Income tax | $2.9M | $4.8M | $1.8M | $1.1M | $9.5M | $3.0M | $3.6M | $14.1M | $4.0M | $1.1M |
| Net income | -$84.5M | -$5.0M | -$69.8M | -$69.3M | -$75.8M | -$36.6M | -$15.6M | -$24.1M | -$3.4M | $1.8M |
| EPS, basic | -2.09 | -0.14 | -2.53 | -2.55 | -3.02 | -1.92 | -0.96 | -1.50 | -0.22 | 0.11 |
| EPS, diluted | -2.09 | -0.14 | -2.53 | -2.55 | -3.02 | -1.92 | -0.96 | -1.50 | -0.22 | 0.11 |
| Shares, diluted (wtd. avg.) | $40.5M | $34.2M | $27.6M | $27.2M | $25.1M | $19.0M | $16.2M | $16.0M | $15.9M | $15.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $79.6M | $108.1M | $37.2M | $70.3M | $188.4M | $180.7M | $28.0M | $3.5M | $6.6M | $9.1M |
| Short-term investments | $579.0K | $524.0K | $37.2M | $40.3M | $0 | — | — | — | — | — |
| Receivables | $81.7M | $59.7M | $42.7M | $60.0M | $50.0M | $43.0M | $41.8M | $26.2M | $30.1M | $30.7M |
| Inventory | $27.4M | $21.9M | $23.6M | $37.6M | $35.1M | $21.6M | $19.3M | $22.7M | $21.7M | $26.2M |
| Total current assets | $232.9M | $218.0M | $180.6M | $223.9M | $283.0M | $248.9M | $93.6M | $55.7M | $62.6M | $82.0M |
| Property, plant and equipment | $13.3M | $14.1M | $15.5M | $13.0M | $13.7M | $13.9M | $14.4M | $12.6M | $10.8M | $7.0M |
| Goodwill | $898.0M | $887.5M | $488.9M | $486.0M | $457.3M | $41.2M | $41.4M | $11.1M | $11.1M | $11.1M |
| Other intangibles | $203.4M | $237.3M | $94.0M | $111.1M | $118.8M | $33.1M | $32.9M | $10.9M | $12.1M | $11.0M |
| Total assets | $1.37B | $1.38B | $802.6M | $854.9M | $888.1M | $343.7M | $189.6M | $94.7M | $114.6M | $124.5M |
| Accounts payable | $39.3M | $34.8M | $25.6M | $23.3M | $20.8M | $12.8M | $16.4M | $12.6M | $14.3M | $16.7M |
| Short-term debt | $20.0M | $0 | — | $0 | $705.0K | $666.0K | $630.0K | $0 | $195.0K | $187.0K |
| Total current liabilities | $140.7M | $111.8M | $80.2M | $67.8M | $60.5M | $40.0M | $42.1M | $40.9M | $35.9M | $46.8M |
| Long-term debt | $374.1M | $368.4M | $377.6M | $389.2M | $305.8M | $105.8M | $62.4M | $0 | $185.0K | $379.0K |
| Total liabilities | $544.0M | $509.0M | $469.5M | $479.7M | $383.8M | $155.3M | $116.8M | $48.7M | $45.6M | $54.9M |
| Retained earnings | -$364.4M | -$279.9M | -$275.0M | -$205.2M | -$122.5M | -$46.7M | -$10.1M | $5.4M | $29.5M | $32.4M |
| Total equity | $825.1M | $871.7M | $333.1M | $375.2M | $504.3M | $188.4M | $72.8M | $45.9M | $69.0M | $69.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$27.2M | -$25.2M | -$17.1M | -$43.1M | -$53.2M | -$20.2M | -$16.1M | -$3.8M | $314.0K | $11.0M |
| Depreciation and amortisation | $49.0M | $37.9M | $27.0M | $25.6M | $21.0M | $10.1M | $4.7M | $4.7M | $4.0M | $4.6M |
| Stock-based compensation | $30.6M | $24.5M | $14.3M | $13.3M | $14.3M | $4.3M | $2.7M | $1.0M | $651.0K | $469.0K |
| Capital expenditure | $3.3M | $970.0K | $5.0M | $1.2M | $1.4M | $1.3M | $2.5M | $3.9M | $5.1M | $3.4M |
| Investing cash flow | -$13.1M | -$180.1M | -$7.8M | -$66.7M | -$383.0M | -$9.0M | -$23.9M | -$6.7M | -$8.9M | -$7.1M |
| Financing cash flow | $12.3M | $278.5M | -$1.6M | -$2.6M | $443.6M | $180.7M | $65.6M | $7.3M | $6.1M | -$2.2M |
| Buybacks | $7.0M | $5.1M | $2.7M | $3.1M | $6.0M | $297.0K | $544.0K | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000708821-26-000048.
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