Par Technology (PAR)
NYSE:PAR
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.03Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line growth, meaningful improvements in recurring revenue (ARR), and a notable move toward profitability with adjusted EBITDA growth and formal guidance—driven by subscription momentum, hardware and professional services gains, and accelerating AI initiatives (PAR Intelligence and Bridge). Offsetting items included a GAAP net loss, nonrecurring severance-driven G&A increases, margin pressure from tariffs and hardware mix, and a concentrated churn/offboarding event in Engagement that temporarily depressed ARR. Management communicated confidence in continued operating leverage, working-capital improvements, and the monetization path for AI, leading to a constructive outlook.Company Guidance
Top-Line Growth
Total revenue of $124 million in Q1 2026, up ~19% year over year (19.4% cited), driven by strength in subscription services and hardware.
Recurring Revenue and ARR Expansion
ARR exited Q1 at $330 million, up 16% year over year with organic ARR growth of ~11%. Engagement Cloud ARR +20% and Operator Cloud ARR +12%. Bridge acquisition contributed approximately $14 million of ARR.
Subscription Services Momentum
Subscription service revenue of $79 million, up $10 million or 15% year over year, representing 63% of total revenue.
Profitability Improvement (Adjusted EBITDA & Non-GAAP)
Adjusted EBITDA of $8.9 million for Q1, a $4.4 million improvement versus Q1 2025 and $1.9 million sequential improvement from Q4 2025. Non-GAAP net income was $3.9 million ($0.10 per share) vs. a non-GAAP net loss of $0.2 million in the prior year.
Hardware and Services Strength
Hardware revenue of $29 million, up 34% year over year; professional services revenue of $16 million, up 19% year over year, driven by tier-one rollouts and refresh activity.
Operating Leverage and OpEx Efficiency
Non-GAAP operating expenses declined as a percent of revenue to 43.3% from 49.8% a year ago, a 650 basis point improvement demonstrating improved cost discipline and operating leverage.
Formal Guidance Initiated
Company initiated guidance: Q2 revenue $122.5M–$127.5M, Q2 adjusted EBITDA $9.5M–$11.5M; full-year 2026 revenue guidance $500M–$515M and adjusted EBITDA $44M–$47M, reflecting management's increased visibility.
PAR Intelligence & AI Traction
PAR Intelligence live across nearly 1,700 retail sites with enterprise deployments; management expects to monetize AI in 2026 and targets >50,000 in-year adoption. Bridge (identity resolution) cited example: a 15,000-site retailer reported a 44% sales lift from identity resolution.
Strong Operator Cloud Rollouts and Multi-Product Attachment
Burger King implementation running >400 sites per month with >3,000 additional sites planned this year. Nearly 90% of new Operator deals in Q1 were multi-product; >80% of Engagement deals were multi-product—highlighting cross-sell momentum.
Cash Position and Capital Actions
Cash and cash equivalents of $77 million at quarter end; strategic balance sheet activity included issuance of 2031 notes with proceeds used to repurchase 2027 notes and $33 million of common stock repurchases.
PAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $14.99 | $14.40 | -3.94% |
Feb 26, 2026 | $22.46 | $16.39 | -27.03% |
Nov 06, 2025 | $33.17 | $38.67 | +16.58% |
Aug 08, 2025 | $58.03 | $46.73 | -19.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Par Technology (PAR) report earnings?
Par Technology (PAR) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Par Technology (PAR) earnings time?
Par Technology (PAR) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PAR EPS forecast?
PAR EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.