PAR · Par Technology Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123.97M | - | $119.18M | $112.40M | $103.86M | - | $96.75M | $78.15M | $105.50M | - |
| Cost of Revenue | $69.47M | - | $69.97M | $61.41M | $55.52M | - | $53.72M | $46.12M | $76.93M | - |
| Gross Profit | $54.50M | - | $49.22M | $50.99M | $48.34M | - | $43.03M | $32.03M | $28.56M | - |
| R&D | $21.98M | - | $19.28M | $20.93M | $19.77M | - | $17.82M | $16.24M | $15.77M | - |
| SG&A | $30.70M | - | $31.73M | $31.70M | $29.28M | - | $27.35M | $16.43M | $25.61M | - |
| Total Operating Expenses | $68.39M | - | $66.87M | $68.30M | $64.09M | - | $58.23M | $52.76M | $53.23M | - |
| D&A | $12.01M | - | - | - | $11.88M | - | - | - | $7.23M | - |
| Operating Income | ($13.89M) | - | ($17.65M) | ($17.31M) | ($15.75M) | - | ($15.19M) | ($20.73M) | ($24.67M) | - |
| Interest Expense | $2.28M | - | $2.02M | $2.01M | $2.65M | - | $4.69M | $2.37M | $2.36M | - |
| Income Tax | $1.56M | - | ($277.0K) | $944.0K | $1.28M | - | $653.0K | $612.0K | ($7.79M) | - |
| Net Income | ($16.17M) | - | ($18.18M) | ($21.04M) | ($24.35M) | - | ($19.83M) | $54.19M | ($18.29M) | - |
| EPS - Basic | ($0.39) | - | ($0.45) | ($0.52) | ($0.60) | - | ($0.56) | $1.60 | ($0.62) | - |
| EPS - Diluted | ($0.39) | - | ($0.45) | ($0.52) | ($0.60) | - | ($0.56) | $1.60 | ($0.62) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $77.23M | $79.56M | $92.47M | $85.12M | $91.65M | $108.12M | $105.80M | $114.93M | $50.78M | $37.37M |
| Accounts Receivable | $87.88M | $81.71M | $70.55M | $72.33M | $70.01M | $59.73M | $60.30M | $50.20M | $69.96M | $63.38M |
| Inventory | $30.93M | $27.44M | $25.44M | $27.43M | $23.22M | $21.86M | $23.91M | $25.53M | $25.05M | $23.59M |
| Accounts Payable | $36.82M | $39.33M | $31.97M | $38.62M | $32.22M | $34.78M | $35.19M | $30.68M | $39.83M | $29.81M |
| Current Assets | $239.97M | $232.93M | $227.05M | $219.29M | $219.90M | $218.05M | $232.60M | $246.80M | $194.28M | $180.60M |
| Total Assets | $1.39B | $1.37B | $1.38B | $1.39B | $1.38B | $1.38B | $1.30B | $1.06B | $1.01B | $802.61M |
| Current Liabilities | $114.13M | $140.74M | $133.87M | $128.94M | $107.50M | $111.84M | $109.34M | $79.10M | $93.72M | $80.23M |
| Long-term Debt | $421.69M | $374.07M | $373.51M | $372.85M | $392.27M | $368.36M | $466.74M | $378.67M | $378.15M | $377.65M |
| Total Liabilities | $564.72M | $543.99M | $539.33M | $532.60M | $529.55M | $509.02M | $606.57M | $468.36M | $482.51M | $469.54M |
| Stockholders' Equity | $826.43M | $825.15M | $838.05M | $859.14M | $852.00M | $871.71M | $692.71M | $588.32M | $526.40M | $333.06M |
| Retained Earnings | ($380.57M) | ($364.40M) | ($343.51M) | ($325.33M) | ($304.29M) | ($279.94M) | ($258.89M) | ($239.05M) | ($293.24M) | ($274.96M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($16.64M) | - | - | - | ($17.17M) | - | - | - | ($23.58M) | - |
| Investing Cash Flow | ($2.96M) | - | - | - | ($5.68M) | - | - | - | ($151.86M) | - |
| Financing Cash Flow | $17.81M | - | - | - | $10.74M | - | - | - | $190.76M | - |
| CapEx | $321.0K | - | - | - | $413.0K | - | - | - | $45.0K | - |
| Free Cash Flow | ($16.96M) | - | - | - | ($17.58M) | - | - | - | ($23.62M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 44.0% | - | 41.3% | 45.4% | 46.5% | - | 44.5% | 41.0% | 27.1% | - |
| Operating margin | -11.2% | - | -14.8% | -15.4% | -15.2% | - | -15.7% | -26.5% | -23.4% | - |
| EBITDA margin | -1.5% | - | - | - | -3.7% | - | - | - | -16.5% | - |
| Net margin | -13.0% | - | -15.3% | -18.7% | -23.4% | - | -20.5% | 69.3% | -17.3% | - |
| Free cash flow margin | -13.7% | - | - | - | -16.9% | - | - | - | -22.4% | - |
| FCF / Net income | 1.05 | - | - | - | 0.72 | - | - | - | 1.29 | - |
| R&D / Revenue | 17.7% | - | 16.2% | 18.6% | 19.0% | - | 18.4% | 20.8% | 14.9% | - |
| SG&A / Revenue | 24.8% | - | 26.6% | 28.2% | 28.2% | - | 28.3% | 21.0% | 24.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | 1.1% | - | - |
| Return on assets | -1.2% | - | -1.3% | -1.5% | -1.8% | - | -1.5% | 5.1% | -1.8% | - |
| Return on equity | -2.0% | - | -2.2% | -2.4% | -2.9% | - | -2.9% | 9.2% | -3.5% | - |
| Return on invested capital | -0.9% | - | -1.2% | -1.1% | -1.0% | - | -1.0% | -2.1% | -2.2% | - |
| Liquidity | ||||||||||
| Current ratio | 2.10 | 1.66 | 1.70 | 1.70 | 2.05 | 1.95 | 2.13 | 3.12 | 2.07 | 2.25 |
| Quick ratio | 1.83 | 1.46 | 1.51 | 1.49 | 1.83 | 1.75 | 1.91 | 2.80 | 1.81 | 1.96 |
| Cash ratio | 0.68 | 0.57 | 0.69 | 0.66 | 0.85 | 0.97 | 0.97 | 1.45 | 0.54 | 0.47 |
| Leverage | ||||||||||
| Debt / Equity | 0.51 | 0.45 | 0.45 | 0.43 | 0.46 | 0.42 | 0.67 | 0.64 | 0.72 | 1.13 |
| Debt / Assets | 0.30 | 0.27 | 0.27 | 0.27 | 0.28 | 0.27 | 0.36 | 0.36 | 0.37 | 0.47 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.1x | - | -8.8x | -8.6x | -5.9x | - | -3.2x | -8.7x | -10.4x | - |
| Equity multiplier | 1.68 | 1.66 | 1.64 | 1.62 | 1.62 | 1.58 | 1.88 | 1.80 | 1.92 | 2.41 |
| Liabilities / Assets | 0.41 | 0.40 | 0.39 | 0.38 | 0.38 | 0.37 | 0.47 | 0.44 | 0.48 | 0.59 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.09 | 0.08 | 0.08 | - | 0.07 | 0.07 | 0.10 | - |
| Inventory turnover | 2.25 | - | 2.75 | 2.24 | 2.39 | - | 2.25 | 1.81 | 3.07 | - |
| Days sales outstanding | 259d | - | 216d | 235d | 246d | - | 227d | 234d | 242d | - |
| Days inventory outstanding | 162d | - | 133d | 163d | 153d | - | 162d | 202d | 119d | - |
| Days payable outstanding | 193d | - | 167d | 230d | 212d | - | 239d | 243d | 189d | - |
| Cash conversion cycle | 228d | - | 182d | 168d | 187d | - | 151d | 194d | 172d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 29.4x | - | - |
| P / B | 0.7x | - | 1.9x | 3.3x | 2.9x | - | 2.7x | 2.7x | 2.5x | - |
| P / S | 4.4x | - | 13.5x | 25.0x | 23.7x | - | 19.3x | 20.5x | 12.7x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 19.4% | - | 23.2% | 43.8% | -1.6% | - | -9.7% | -22.3% | 5.0% | - |
| Revenue CAGR (3y) | 7.3% | - | 8.7% | 9.7% | 9.0% | - | 7.5% | 4.3% | 24.7% | - |
| Revenue CAGR (5y) | 17.9% | - | 16.8% | 19.7% | 13.7% | - | 16.3% | 12.0% | 13.6% | - |
| Gross profit growth (YoY) | 12.7% | - | 14.4% | 59.2% | 69.2% | - | 52.7% | 56.0% | 23.2% | - |
| Operating income growth (YoY) | 11.8% | - | -16.2% | 16.5% | 36.2% | - | -15.2% | -17.5% | -78.0% | - |
| Net income growth (YoY) | 33.6% | - | 8.3% | - | -33.1% | - | -27.8% | - | -15.0% | - |
| EPS growth (YoY) | 35.0% | - | 19.6% | - | 3.2% | - | 0.0% | - | -6.9% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 3.5% | - | - | - | 25.6% | - | - | - | -34.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -3.0% | -5.3% | 21.0% | 46.0% | 61.9% | 161.7% | 108.2% | 71.9% | 46.3% | -11.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$455.55M totalReportable Segment$455.55M · 100.0%
Product / service
$455.55M totalSubscription Service$291.17M · 63.9%
Hardware$106.41M · 23.4%
Professional Service$57.97M · 12.7%
Geographic
$455.55M totalUS$378.77M · 83.1%
Non Us$76.78M · 16.9%
Peer comparison
Same SIC group: Calculating & Accounting Machines (No Electronic Computers)
Comparing PAR TECHNOLOGY CORP against the 4 most active filers in the same SIC group.