10-K · February 26, 2026
PAR describes a strategy focused on a unified omnichannel platform for restaurants and retail — combining subscription SaaS (Engagement and Operator clouds), hardware, payments and professional services — and emphasizes…
Earnings analysis · 10-Q
PAR earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
PAR Technology reported Q1 2026 revenue of $123.973 million, exceeding estimates of $116.617 million, while EPS was $0.1 compared to the expected loss of $0.02. There was a significant 19% year-over-year revenue growth,…
Read full summary
PAR Technology reported Q1 2026 revenue of $123.973 million, exceeding estimates of $116.617 million, while EPS was $0.1 compared to the expected loss of $0.02. There was a significant 19% year-over-year revenue growth, reflecting strong demand and strategic execution, although operational challenges remain evident in margins.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.1
What stood out
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Revenue Surpassed Expectations
Actual revenue reached $123.973 million, up 19% year-over-year and above estimates of $116.617 million.
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Positive EPS Performance
Achieved EPS of $0.1 compared to the estimated loss of $0.02, a significant surprise of 4.0%.
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Improved Year-Over-Year Growth
Revenue increased from $104 million in Q1 2025 to $123.973 million in Q1 2026.
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Strong Free Cash Flow
Free cash flow stood at $8 million, a positive sign compared to the -$18 million from the previous year.
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Growing Annual Recurring Revenue
The management highlighted a strong increase in ARR, contributing to the revenue growth.
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Guidance Provided for Q2 2026
Management anticipates Q2 2026 revenue between $122.5 million to $127.5 million.
What to watch
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Ongoing Operating Losses
Despite strong revenue, operating margins remain negative, with expectations of continued operational challenges.
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Subscription Gross Margin Concerns
Management indicated declining gross margins for subscription services, affecting long-term profitability.
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Market Volatility Risks
Persistent volatility in stock prices could impact financing options needed for growth initiatives.
Management's outlook
Management anticipates Q2 2026 revenue in the range of $122.5 million to $127.5 million.
Earlier filings 4
10-Q · May 10, 2023
PAR reported quarterly revenue of $100,437,000, up $20,152,000 (25.1%) from $80,285,000 in Q1 2022, driven by subscription and government contract growth. Despite top-line growth, gross margin contracted to 23.1% and…
10-Q · November 9, 2022
PAR reported Q3 net revenue of $92,767 (three months ended September 30, 2022), up from $77,860 in the prior-year quarter, while GAAP net loss per share improved to $(0.79) from $(1.23). Gross margin dollars increased…
10-Q · August 9, 2022
PAR reported quarter revenue of $85.093 million, up from $68.950 million a year earlier, with gross margin improving to $21.121 million (≈24.8% of revenue). Operating loss narrowed modestly to $(16.099) million, but net…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.