PAR Technology (NYSE:PAR) Releases Earnings Results

PAR Technology (NYSE:PAR) announced its quarterly earnings data on Thursday. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.16, FiscalAI reports. The firm had revenue of $120.10 million during 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% on a year-over-year basis.

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 Price Performance

NYSE:PAR traded down $6.02 during trading hours on Friday, reaching $16.44. The stock had a trading volume of 6,285,964 shares, compared to its average volume of 1,397,730. The stock has a market capitalization of $667.42 million, a PE ratio of -7.91 and a beta of 1.35. PAR Technology has a 52 week low of $15.44 and a 52 week high of $72.15. The company 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 quick ratio of 1.51 and a current ratio of 1.70.

PAR Technology News Summary

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.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Needham & Company LLC cut their price target on PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. BTIG Research lowered their price target on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a report on Friday. Finally, Stephens dropped 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. Five investment 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Insider Activity

In other news, major shareholder Voss Capital, Lp acquired 25,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was bought at an average cost of $34.56 per share, with a total value of $864,000.00. Following the completion of the purchase, the insider directly owned 3,613,898 shares of the company’s stock, valued at $124,896,314.88. This represents a 0.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Bryan A. Menar sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $35.53, for a total transaction of $230,945.00. Following the completion of the sale, the chief financial officer owned 71,481 shares of the company’s stock, valued at $2,539,719.93. This trade represents a 8.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have bought a total of 196,035 shares of company stock worth $7,103,730 over the last 90 days. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On PAR Technology

Several hedge funds and other institutional investors have recently modified their holdings of the business. State of Wyoming purchased a new position in PAR Technology in the 4th quarter worth about $34,000. Kestra Advisory Services LLC bought a new position in PAR Technology in the 4th quarter worth about $35,000. AQR Capital Management LLC purchased a new position in shares of PAR Technology during the fourth quarter worth approximately $201,000. Tower Research Capital LLC TRC increased its position in shares of PAR Technology by 278.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,115 shares of the software maker’s stock worth $216,000 after acquiring an additional 2,291 shares during the period. Finally, &PARTNERS raised its stake in shares of PAR Technology by 10.6% during the fourth quarter. &PARTNERS now owns 6,444 shares of the software maker’s stock valued at $234,000 after acquiring an additional 620 shares in the last quarter.

PAR Technology Company Profile

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.