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
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $378.8M | $306.1M | $253.1M |
| International | $76.8M | $43.8M | $23.6M |
As the company reported it, from the “Segment and Related Information - Schedule of Information of the Company's Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $229.7M | $232.6M | $201.2M | $187.2M | $213.8M | $210.4M | $262.3M | $276.7M | $350.0M | $455.5M |
| Gross profit | $46.2M | $51.0M | $37.5M | $37.4M | $39.3M | $56.3M | $81.7M | $89.4M | $146.1M | $198.0M |
| Net income | $1.8M | -$3.4M | -$24.1M | -$15.6M | -$36.6M | -$75.8M | -$69.3M | -$69.8M | -$5.0M | -$84.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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