Technology · Software - Application
Price
$16.90
Market Cap
$697.1M
Employees
1,581
Beta
1.34
Avg Volume
1,498,213
CEO
Savneet Singh
Business Description
PAR Technology Corporation, founded in 1968 and headquartered in New Hartford, New York, specializes in delivering innovative technological solutions across two primary business areas globally. Its Restaurant/Retail division provides an extensive array of offerings tailored for restaurants and retail establishments. This includes advanced point-of-sale (POS) technology, such as Brink POS, an adaptable cloud platform designed for seamless integration with external applications and internal systems. They also offer Punchh, a robust, enterprise-level platform for cultivating customer loyalty and engagement within restaurant and convenience store brands, and Data Central, a cloud-based software solution for comprehensive back-office management. Additionally, PAR facilitates transactions through its dedicated PAR Payment Services, integrates wireless headsets for efficient drive-thru order-taking, and supplies various proprietary hardware platforms like the PAR Infinity, PAR Phase, PAR Helix, and EverServ 8000 series. Beyond products, this segment extends its support through professional training, expert installation, ongoing technical assistance, and repair services. The company's Government division is dedicated to serving the United States Department of Defense and other federal agencies. This segment focuses on providing sophisticated intelligence, surveillance, and reconnaissance (ISR) capabilities, systems engineering support, and specialized software solutions, including licensed software products. It also manages satellite and teleport facility operations, providing maintenance, engineering, and installation expertise, alongside operating a satellite control center and offering IT infrastructure library (ITIL) services. These diverse offerings are distributed globally via PAR Technology Corporation's internal sales force, strategic channel partners, and a network of authorized resellers.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-8.09
Stock Price: $16.90
EPS (Diluted): -2.09
EPS (Diluted): -2.09
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.78
Stock Price: $16.90
Total Equity: $825.15M
Shares: 40,473,000
Total Equity: $825.15M
Shares: 40,473,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-67.18
Market Cap: $697.06M
Total Debt: $394.02M
Cash: $79.57M
EBITDA: -$26.66M
Total Debt: $394.02M
Cash: $79.57M
EBITDA: -$26.66M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.8B
Market Cap: $697.06M
Total Debt: $394.02M
Cash: $79.57M
Total Debt: $394.02M
Cash: $79.57M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
3.22
Stock Price: $16.90
Revenue: $455.55M
Shares: 40,473,000
Revenue: $455.55M
Shares: 40,473,000
EV/Sales (Total value vs revenue — works when P/E can't)
API3.93
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
43.5%
Gross Profit: $198.03M
Revenue: $455.55M
Revenue: $455.55M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-15.1%
Operating Income: -$68.77M
Revenue: $455.55M
Revenue: $455.55M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-18.5%
Net Income: -$84.46M
Revenue: $455.55M
Revenue: $455.55M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
-10.2%
Net Income: -$84.46M
Total Equity: $825.15M
Total Equity: $825.15M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
-6.3%
Operating Income: -$68.77M
Tax Rate: -3.6%
Equity: $825.15M
Total Debt: $394.02M
Cash: $79.57M
Tax Rate: -3.6%
Equity: $825.15M
Total Debt: $394.02M
Cash: $79.57M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.66
Current Assets: $232.93M
Current Liabilities: $140.74M
Current Liabilities: $140.74M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.48
Short-Term Debt: $19.95M
Long-Term Debt: $374.07M
Total Debt: $394.02M
Total Equity: $825.15M
Long-Term Debt: $374.07M
Total Debt: $394.02M
Total Equity: $825.15M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$11.26
Revenue: $455.55M
Shares: 40,473,000
Shares: 40,473,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$20.39
Total Equity: $825.15M
Shares: 40,473,000
Shares: 40,473,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.75
Operating CF: -$27.16M
CapEx: -$3.32M
Shares: 40,473,000
CapEx: -$3.32M
Shares: 40,473,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $16.90
Stock Price: $16.90
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$84.46M
Net Income: -$84.46M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares PAR against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $282.9M | $262.3M | $276.7M | $350.0M | $455.5M |
| Cost of Revenue | $220.8M | $180.6M | $187.3M | $203.9M | $257.5M |
| Gross Profit | $62.1M | $81.7M | $89.4M | $146.1M | $198.0M |
| Operating Expenses | $116.0M | $150.8M | $161.2M | $225.2M | $266.8M |
| Operating Income | -$53.9M | -$69.1M | -$71.7M | -$79.1M | -$68.8M |
| Net Income | -$75.8M | -$69.3M | -$69.8M | -$5.0M | -$84.5M |
| EBITDA | -$45.7M | -$44.5M | -$45.8M | -$46.6M | -$26.7M |
| EPS | $-3.02 | $-2.55 | $-2.53 | $-0.14 | $-2.09 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $188.4M | $70.3M | $37.2M | $108.1M | $79.6M |
| Total Current Assets | $283.0M | $223.9M | $180.6M | $218.0M | $232.9M |
| Total Assets | $888.1M | $854.9M | $802.6M | $1.4B | $1.4B |
| Current Liabilities | $60.5M | $67.8M | $80.2M | $111.8M | $140.7M |
| Long-Term Debt | $305.8M | $389.2M | $377.6M | $368.4M | $374.1M |
| Total Liabilities | $383.8M | $479.7M | $469.5M | $509.0M | $544.0M |
| Total Equity | $504.3M | $375.2M | $333.1M | $871.7M | $825.2M |
| Retained Earnings | -$122.5M | -$205.2M | -$275.0M | -$279.9M | -$364.4M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:44pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$53.2M | -$43.1M | -$17.1M | -$25.2M | -$27.2M |
| Capital Expenditure | -$8.3M | -$7.4M | -$10.4M | -$6.8M | -$3.3M |
| Free Cash Flow | -$61.4M | -$50.5M | -$27.4M | -$32.0M | -$30.5M |
| Acquisitions (net) | -$374.7M | -$18.8M | -$1.9M | -$309.4M | -$4.3M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$5.3M | -$3.1M | -$2.7M | -$5.1M | -$7.0M |
| Net Change in Cash | $7.7M | -$110.9M | -$30.0M | $74.0M | -$28.6M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:07pm (15h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$451.8M $445.0M – $456.4M
|
$509.5M $508.4M – $510.5M
|
$567.0M $561.9M – $572.0M
|
$623.1M $623.0M – $623.1M
|
| EBITDA |
-$62.2M -$62.8M – -$61.3M
|
-$70.1M -$70.3M – -$70.0M
|
-$78.0M -$78.7M – -$77.3M
|
-$85.8M -$85.8M – -$85.8M
|
| Net Income |
$5.1M $5.0M – $5.2M
|
$23.5M $22.5M – $24.5M
|
$44.6M $28.9M – $60.4M
|
$46.0M -$6.1M – $98.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:44pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -7.3% | +5.5% | +26.5% | +30.2% |
| Gross Profit Growth | +31.5% | +9.5% | +63.4% | +35.5% |
| Operating Income Growth | -28.2% | -3.9% | -10.3% | +13.1% |
| Net Income Growth | +8.5% | -0.6% | +92.9% | -1,593.6% |
| EBITDA Growth | +2.6% | -3.0% | -1.7% | +42.8% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:44pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2019-09-26 | $0.31 | 2019-09-04 | 2019-09-27 | 2019-10-11 |
| 2017-09-28 | $0.02 | 2017-09-18 | 2017-09-29 | 2017-10-16 |
| 2017-08-29 | $0.02 | 2017-08-16 | 2017-08-31 | 2017-09-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for PAR — it's generated by the pipeline (
market-narrative step).
No community reviews yet for PAR.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30