PAR Technology Corporation (PAR) Stock

PAR Technology Corporation (PAR) is a Technology stock trading at $18.91 (as of 2026-08-20), with a market capitalization of $782.17M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

PAR Technology Corporation provides technology solutions for restaurant and retail businesses and for government customers. Its Restaurant/Retail segment includes point-of-sale software and related platforms, customer loyalty and engagement, back-office cloud applications, payment services, and related installation, training, support, and repair; its Government segment offers intelligence, surveillance and reconnaissance systems and engineering and IT infrastructure services.

Understand PAR Technology Corporation: how it makes money

PAR Technology provides point-of-sale and cloud software solutions for restaurant and retail operators, plus technology solutions for government, and it makes money through subscription and other recurring services, contract revenue, and smaller contributions from product and hardware.

Because PAR sells cloud and loyalty/engagement solutions with measurable annual recurring revenue (ARR) and tracked churn, its profit model depends on retaining and expanding recurring revenue across its active sites, rather than one-time hardware or services alone.

Business quality (Weak): Strong visibility signals from ARR and churn tracking, but the latest quarter shows negative operating margin, so operating leverage and retention execution are key watch items.

Bull case

  • Recurring revenue focus: The company tracks and reports Annual Recurring Revenue, Ending, alongside engagement and operator cloud ARR measures, indicating subscription-style monetization tied to its platform.
  • Retention is explicitly measured: PAR tracks Annualized Operator Solutions Churn and Brink Annualized Churn Rate, which highlights customer retention as a central operational variable.

Bear case

  • Unprofitable at the operating level in the latest quarter: For the period ended 2026-03-31, PAR reported a gross margin of 44.0% and an operating margin of -11.2%, showing operating losses despite positive gross margin.
  • Churn can put pressure on ARR: PAR measures operator and Brink churn rates, so adverse retention trends would directly challenge the recurring revenue growth that underpins the profit model.
Valuation — source: SEC EDGAR (first-party)
Price$18.91
Market Cap$782.17M
EV / EBITDA40.7
Price / Book0.96
Price / Sales1.56
FCF Yield-7.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$455.55M
Net Margin-18.5%
Revenue Growth (YoY)30.2%
EPS Growth (YoY)1392.9%
FCF Growth (YoY)16.3%
Financial Health — source: SEC EDGAR
Altman Z-Score0.73 (distress)
Piotroski F-Score3/9 (weak)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Computers)32.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($119.87M)
Institutional Holders Tracked10
Congressional Trades (recent)5
Company
SectorTechnology
IndustryComputers
CEOSavneet Singh
Employees1,581
CountryUS
IPO Date1982-12-03

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PAR earnings history · PAR institutional & insider holders · PAR KPIs & operating metrics · PAR financials · PAR investor presentations & press releases · PAR SEC filings · PAR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.