PAR Technology (NYSE:PAR) Issues Quarterly Earnings Results, Beats Expectations By $0.16 EPS

PAR Technology (NYSE:PAR) released its quarterly earnings data on Thursday. The software maker reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.16, FiscalAI reports. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.30%. The company had revenue of $120.10 million during the quarter, compared to analysts’ expectations of $116.39 million. The company’s revenue 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 Price Performance

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

Insider Activity

In other PAR Technology news, major shareholder Voss Capital, Lp bought 146,789 shares of the firm’s stock in a transaction on Tuesday, December 30th. The shares were acquired at an average cost of $36.51 per share, with a total value of $5,359,266.39. Following the purchase, the insider directly owned 3,564,652 shares of the company’s stock, valued at $130,145,444.52. This trade represents a 4.29% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Bryan A. Menar sold 6,500 shares of the business’s 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 represents a 8.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders bought 196,035 shares of company stock worth $7,103,730. 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 made changes to their positions in PAR. State of Wyoming acquired a new position in PAR Technology during the fourth quarter worth $34,000. Kestra Advisory Services LLC acquired a new stake in shares of PAR Technology in the 4th quarter worth $35,000. AQR Capital Management LLC acquired a new position in shares of PAR Technology during the 4th quarter valued at about $201,000. Tower Research Capital LLC TRC boosted its position in shares of PAR Technology by 278.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,115 shares of the software maker’s stock valued at $216,000 after acquiring an additional 2,291 shares during the last quarter. Finally, &PARTNERS grew its holdings in shares of PAR Technology by 10.6% in the fourth quarter. &PARTNERS now owns 6,444 shares of the software maker’s stock valued at $234,000 after purchasing an additional 620 shares during the period.

Key Headlines Impacting PAR Technology

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 Upgrades and Downgrades

Several equities analysts recently weighed in on the company. BTIG Research cut their price target on 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 cut their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research report on Friday. Stephens decreased their target price on PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of PAR Technology in a report 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

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.