NYSE : PAR
PAR Technology Corporation — Financial statements
Technology · Software - Application · United States
Last price 17.8 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 736.26M
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Financial statements
PAR Technology Corporation (PAR) reported revenue of 496.67M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 496.67M | 455.55M | 349.98M | 276.71M | 262.35M | 282.88M |
| Cost of Revenue | 283.00M | 253.97M | 203.71M | 187.27M | 180.63M | 220.75M |
| Gross Profit | 213.66M | 201.58M | 146.28M | 89.45M | 81.72M | 62.12M |
| Selling, General & Admin | 161.09M | 164.19M | 141.93M | 109.19M | 103.37M | 84.00M |
| Research & Development | 85.55M | 81.77M | 67.26M | 58.36M | 48.64M | 34.58M |
| Amortization of Goodwill & Intangibles | 13.91M | 13.41M | 8.45M | 1.86M | 1.86M | 1.82M |
| Operating Expenses | 260.56M | 259.37M | 217.64M | 169.40M | 153.88M | 120.40M |
| Operating Income | -46.89M | -57.78M | -71.36M | -79.95M | -72.16M | -58.28M |
| Interest Expense | -10.15M | -8.69M | -13.90M | -9.83M | -10.03M | -18.15M |
| Interest & Investment Income | 1.82M | 2.64M | 3.73M | 2.90M | 1.22M | |
| Other Non Operating Income (Expenses) | 1.96M | -1.12M | 1.15M | -485.00K | -1.07M | -1.28M |
| EBT Excluding Unusual Items | -53.27M | -64.96M | -80.38M | -87.37M | -82.04M | -77.71M |
| Merger & Restructuring Charges | -2.82M | -3.68M | -8.61M | -2.27M | -1.30M | |
| Asset Writedown | -9.04M | -3.56M | -225.00K | |||
| Legal Settlements | -3.75M | -3.75M | 808.00K | |||
| Other Unusual Items | 380.00K | -5.79M | -5.96M | 8.56M | 4.40M | -11.92M |
| Pretax Income | -68.50M | -81.73M | -94.68M | -79.77M | -78.94M | -85.22M |
| Income Tax Expense | 3.64M | 2.92M | -4.77M | 1.85M | 1.13M | -9.42M |
| Earnings From Continuing Operations | -72.14M | -84.66M | -89.91M | -81.62M | -80.07M | -75.80M |
| Earnings From Discontinued Operations | 197.00K | 84.92M | 11.87M | 10.75M | ||
| Net Income | -72.14M | -84.46M | -4.99M | -69.75M | -69.32M | -75.80M |
| Net Income to Common | -72.14M | -84.46M | -4.99M | -69.75M | -69.32M | -75.80M |
| Shares Outstanding (Basic) | 40.87M | 40.47M | 34.16M | 27.55M | 27.15M | 25.09M |
| Shares Outstanding (Diluted) | 40.87M | 40.47M | 34.16M | 27.55M | 27.15M | 25.09M |
| EPS (Basic) | -1.77 | -2.09 | -0.15 | -2.53 | -2.55 | -3.02 |
| EPS (Diluted) | -1.77 | -2.09 | -0.15 | -2.53 | -2.55 | -3.02 |
| Free Cash Flow | -15.69M | -30.48M | -26.22M | -22.09M | -44.23M | -54.59M |
| Free Cash Flow Per Share | -0.38 | -0.75 | -0.77 | -0.80 | -1.63 | -2.18 |
| Gross Margin | 43.02% | 44.25% | 41.80% | 32.32% | 31.15% | 21.96% |
| Operating Margin | -9.44% | -12.68% | -20.39% | -28.89% | -27.51% | -20.60% |
| Profit Margin | -14.52% | -18.54% | -1.43% | -25.21% | -26.42% | -26.80% |
| Free Cash Flow Margin | -3.16% | -6.69% | -7.49% | -7.98% | -16.86% | -19.30% |
| EBITDA | -28.58M | -40.05M | -58.94M | -75.39M | -68.17M | -54.25M |
| EBITDA Margin | -5.75% | -8.79% | -16.84% | -27.24% | -25.99% | -19.18% |
| D&A For EBITDA | 18.31M | 17.73M | 12.43M | 4.57M | 3.99M | 4.03M |
| EBIT | -46.89M | -57.78M | -71.36M | -79.95M | -72.16M | -58.28M |
| EBIT Margin | -9.44% | -12.68% | -20.39% | -28.89% | -27.51% | -20.60% |
| Revenue as Reported | 496.67M | 455.55M | 349.98M | 276.71M | 262.35M | 282.88M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 77.37M | 79.56M | 108.12M | 37.18M | 70.33M | 188.42M |
| Short-Term Investments | 569.00K | 579.00K | 524.00K | 37.19M | 40.29M | |
| Cash & Short-Term Investments | 77.94M | 80.14M | 108.64M | 74.38M | 110.62M | 188.42M |
| Accounts Receivable | 78.59M | 81.71M | 59.73M | 42.68M | 59.96M | 49.98M |
| Other Receivables | 1.81M | 3.40M | 700.00K | |||
| Receivables | 80.40M | 85.11M | 60.43M | 42.68M | 59.96M | 49.98M |
| Inventory | 34.03M | 27.44M | 21.86M | 23.56M | 37.59M | 35.08M |
| Prepaid Expenses | 16.60M | 17.00M | 12.10M | |||
| Other Current Assets | 23.17M | 23.25M | 15.02M | 39.98M | 15.78M | 9.53M |
| Total Current Assets | 232.15M | 232.93M | 218.05M | 180.60M | 223.95M | 283.01M |
| Property, Plant & Equipment | 20.87M | 21.46M | 22.33M | 18.69M | 17.02M | 18.06M |
| Goodwill | 895.11M | 898.03M | 887.46M | 488.92M | 486.76M | 457.31M |
| Other Intangible Assets | 204.92M | 203.37M | 237.33M | 93.97M | 111.10M | 118.76M |
| Long-Term Deferred Tax Assets | 1.43M | |||||
| Long-Term Deferred Charges | 8.84M | 8.20M | 10.60M | 11.40M | 8.60M | |
| Other Long-Term Assets | 2.40M | 5.15M | 4.96M | 9.03M | 7.43M | 11.02M |
| Total Assets | 1.37B | 1.37B | 1.38B | 802.61M | 854.86M | 888.15M |
| Accounts Payable | 36.55M | 39.33M | 34.78M | 25.60M | 23.28M | 20.84M |
| Accrued Expenses | 29.05M | 37.57M | 36.42M | 17.66M | 25.47M | 22.31M |
| Current Portion of Long-Term Debt | 19.95M | 705.00K | ||||
| Current Portion of Leases | 2.10M | 1.90M | 2.26M | 1.12M | 1.31M | 2.27M |
| Current Unearned Revenue | 20.56M | 25.91M | 23.17M | 7.25M | 8.46M | 12.45M |
| Other Current Liabilities | 16.80M | 16.07M | 15.21M | 28.60M | 9.31M | 1.95M |
| Total Current Liabilities | 105.06M | 140.74M | 111.84M | 80.23M | 67.82M | 60.52M |
| Long-Term Debt | 422.35M | 374.07M | 368.36M | 377.65M | 389.19M | 305.85M |
| Long-Term Leases | 7.09M | 6.43M | 6.05M | 2.15M | 2.87M | 2.44M |
| Long-Term Unearned Revenue | 2.03M | 1.84M | 1.53M | 4.20M | 5.12M | 7.60M |
| Long-Term Deferred Tax Liabilities | 18.10M | 18.40M | 18.70M | 830.00K | 633.00K | |
| Other Long-Term Liabilities | 1.47M | 2.51M | 2.54M | 4.48M | 14.02M | 7.41M |
| Total Liabilities | 556.10M | 543.99M | 509.02M | 469.54M | 479.66M | 383.80M |
| Common Stock | 851.00K | 836.00K | 798.00K | 584.00K | 570.00K | 562.00K |
| Additional Paid-In Capital | 1.25B | 1.23B | 1.09B | 625.15M | 595.29M | 640.94M |
| Retained Earnings | -397.47M | -364.40M | -279.94M | -274.96M | -205.20M | -122.50M |
| Treasury Stock | -28.89M | -28.89M | -21.85M | -16.78M | -14.09M | -10.95M |
| Comprehensive Income & Other | -13.69M | -8.43M | 87.23M | -939.00K | -1.36M | -3.70M |
| Shareholders' Equity | 813.77M | 825.15M | 871.71M | 333.06M | 375.19M | 504.35M |
| Total Liabilities & Equity | 1.37B | 1.37B | 1.38B | 802.61M | 854.86M | 888.15M |
| Total Debt | 431.54M | 402.36M | 376.66M | 380.91M | 393.37M | 311.26M |
| Net Cash (Debt) | -353.59M | -322.21M | -268.02M | -306.54M | -282.75M | -122.84M |
| Net Cash Per Share | -8.65 | -7.96 | -7.85 | -11.13 | -10.41 | -4.90 |
| Filing Date Shares Outstanding | 41.36M | 41.15M | 40.21M | 28.04M | 27.32M | 26.92M |
| Total Common Shares Outstanding | 41.36M | 40.65M | 38.72M | 28.03M | 27.32M | 26.89M |
| Working Capital | 127.09M | 92.19M | 106.21M | 100.37M | 156.12M | 222.49M |
| Book Value Per Share | 19.67 | 20.30 | 22.51 | 11.88 | 13.73 | 18.76 |
| Tangible Book Value | -286.27M | -276.25M | -253.08M | -249.82M | -222.66M | -71.72M |
| Tangible Book Value Per Share | -6.92 | -6.80 | -6.54 | -8.91 | -8.15 | -2.67 |
| Land | 199.00K | 199.00K | 199.00K | 199.00K | 199.00K | |
| Buildings | 11.18M | 11.38M | 10.85M | 8.18M | 7.82M | |
| Machinery | 21.59M | 19.29M | 13.99M | 13.90M | 12.82M | |
| Construction In Progress | 240.00K | 228.00K | 181.00K | 170.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -72.14M | -84.46M | -4.99M | -69.75M | -69.32M | -75.80M |
| Depreciation & Amortization | 18.31M | 17.73M | 12.43M | 4.57M | 3.99M | 4.03M |
| Other Amortization | 33.70M | 33.62M | 27.91M | 24.65M | 23.65M | 26.11M |
| Asset Writedown & Restructuring Costs | 9.04M | 3.56M | 225.00K | 1.30M | ||
| Loss (Gain) From Sale of Investments | 480.00K | -1.89M | ||||
| Stock-Based Compensation | 29.54M | 30.64M | 24.49M | 14.29M | 13.26M | 14.62M |
| Provision & Write-off of Bad Debts | 3.48M | 4.33M | 2.60M | 579.00K | 1.20M | 1.29M |
| Other Operating Activities | 3.08M | 6.33M | -89.90M | -22.15M | -15.46M | 1.60M |
| Change in Accounts Receivable | -7.82M | -25.89M | -10.50M | -772.00K | -5.59M | 1.83M |
| Change in Inventory | -11.30M | -6.52M | 1.77M | 15.98M | -2.77M | -13.55M |
| Change in Accounts Payable | -2.50M | 3.98M | 4.28M | 4.41M | 696.00K | 4.91M |
| Change in Other Net Operating Assets | -16.17M | -10.49M | 9.90M | -1.88M | -2.60M | -18.21M |
| Operating Cash Flow | -12.78M | -27.16M | -25.25M | -17.07M | -43.07M | -53.16M |
| Capital Expenditures | -2.90M | -3.32M | -970.00K | -5.02M | -1.16M | -1.44M |
| Cash Acquisitions | -275.00K | -4.32M | -309.37M | -1.90M | -18.80M | -374.70M |
| Sale (Purchase) of Intangibles | -8.67M | -5.62M | -5.81M | -5.35M | -6.23M | -6.85M |
| Investment in Securities | -41.00K | -41.00K | 36.71M | 4.98M | -40.29M | |
| Other Investing Activities | 197.00K | 99.33M | -499.00K | -226.00K | ||
| Investing Cash Flow | -11.89M | -13.11M | -180.11M | -7.78M | -66.71M | -382.99M |
| Long-Term Debt Issued | 111.14M | 87.33M | 441.38M | |||
| Total Debt Issued | 257.05M | 111.14M | 87.33M | 441.38M | ||
| Long-Term Debt Repaid | -93.60M | -705.00K | -187.79M | |||
| Total Debt Repaid | -209.04M | -93.60M | -705.00K | -187.79M | ||
| Net Debt Issued (Repaid) | 48.01M | 17.54M | 87.33M | -705.00K | 253.59M | |
| Issuance of Common Stock | 1.54M | 1.78M | 197.71M | 1.07M | 1.29M | 216.16M |
| Repurchase of Common Stock | -33.12M | -7.04M | -5.07M | -2.69M | -3.15M | -5.32M |
| Other Financing Activities | -1.47M | -20.83M | ||||
| Financing Cash Flow | 16.42M | 12.27M | 278.51M | -1.62M | -2.57M | 443.61M |
| Foreign Exchange Rate Adjustments | -3.03M | 136.00K | 857.00K | -3.52M | 1.46M | 273.00K |
| Net Cash Flow | -11.29M | -27.86M | 74.01M | -29.99M | -110.89M | 7.73M |
| Free Cash Flow | -15.69M | -30.48M | -26.22M | -22.09M | -44.23M | -54.59M |
| Free Cash Flow Margin | -3.16% | -6.69% | -7.49% | -7.98% | -16.86% | -19.30% |
| Free Cash Flow Per Share | -0.38 | -0.75 | -0.77 | -0.80 | -1.63 | -2.18 |
| Levered Free Cash Flow | 9.78M | -2.56M | 32.04M | -3.27M | -27.64M | -18.18M |
| Unlevered Free Cash Flow | 13.68M | 528.38K | 38.30M | 673.12K | -23.36M | -15.57M |
| Cash Interest Paid | 4.74M | 5.10M | ||||
| Cash Income Tax Paid | 5.23M | 5.76M | 2.32M | 3.22M | 1.28M | |
| Change in Working Capital | -37.79M | -38.92M | 5.45M | 17.75M | -10.26M | -25.01M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 761.49M | 1.47B | 2.64B | 1.22B | 711.44M | 1.42B |
| Enterprise Value | 1.12B | 1.78B | 2.99B | 1.54B | 973.76M | 1.52B |
| Last Close Price | 17.67 | 36.28 | 72.67 | 43.54 | 26.07 | 52.77 |
| Forward PE | 16.61 | 90.38 | 45.00 | 45.00 | 45.00 | 45.00 |
| PS Ratio | 1.47 | 3.23 | 7.54 | 4.41 | 2.71 | 5.01 |
| PB Ratio | 0.90 | 1.78 | 3.03 | 3.66 | 1.90 | 2.81 |
| PEG Ratio | 4.09 | 4.09 | 4.09 | 4.09 | 4.09 | |
| EV/Sales Ratio | 2.18 | 3.91 | 8.56 | 5.55 | 3.71 | 5.39 |
| Debt / Equity Ratio | 0.53 | 0.49 | 0.43 | 1.14 | 1.05 | 0.62 |
| Net Debt / Equity Ratio | 0.43 | 0.39 | 0.31 | 0.92 | 0.75 | 0.24 |
| Net Debt / EBITDA Ratio | -12.37 | -8.04 | -4.55 | -4.07 | -4.15 | -2.26 |
| Net Debt / FCF Ratio | -22.54 | -10.57 | -10.22 | -13.88 | -6.39 | -2.25 |
| Asset Turnover | 0.36 | 0.33 | 0.32 | 0.33 | 0.30 | 0.46 |
| Inventory Turnover | 9.21 | 10.30 | 8.97 | 6.12 | 4.97 | 7.79 |
| Quick Ratio | 1.51 | 1.17 | 1.51 | 1.46 | 2.52 | 3.94 |
| Current Ratio | 2.21 | 1.66 | 1.95 | 2.25 | 3.30 | 4.68 |
| Return on Equity (ROE) | -8.62% | -9.98% | -14.93% | -23.05% | -18.21% | -21.88% |
| Return on Assets (ROA) | -2.12% | -2.63% | -4.08% | -6.03% | -5.17% | -5.91% |
| Return on Invested Capital (ROIC) | -3.99% | -5.05% | -8.02% | -12.32% | -11.23% | -15.67% |
| Return on Capital Employed (ROCE) | -3.70% | -4.70% | -5.60% | -11.10% | -9.20% | -7.00% |
| Earnings Yield | -9.59% | -5.73% | -0.19% | -5.72% | -9.74% | -5.35% |
| FCF Yield | -2.15% | -2.07% | -0.99% | -1.81% | -6.22% | -3.85% |
| Buyback Yield / Dilution | -7.94% | -18.50% | -23.97% | -1.47% | -8.23% | -31.95% |