PAR Technology Corporation (PAR) Earnings
PAR Technology Corporation is expected to report next earnings on August 14, 2026 (in NaN days), with a consensus EPS estimate of $0.07. PAR has beaten EPS estimates in 6 of its last 12 reported quarters (average surprise +119.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.07 | $0.10 | +42.9% | $124M | +6.1% |
| Nov 6, 2025 | $-0.02 | $0.06 | +380.0% | $119M | +6.2% |
| Aug 8, 2025 | $0.04 | $0.03 | -25.0% | $112M | +0.8% |
| May 9, 2025 | $-0.05 | $-0.01 | +80.0% | $104M | -1.2% |
| Feb 28, 2025 | $-0.04 | $-0.21 | -425.0% | $105M | -0.5% |
| Nov 8, 2024 | $-0.16 | $-0.09 | +43.8% | $97M | -2.9% |
| May 9, 2024 | $-0.31 | $-0.36 | -16.1% | $105M | -4.5% |
| Feb 27, 2024 | $-0.27 | $-0.33 | -22.2% | $108M | +2.9% |
| Nov 9, 2023 | $-0.33 | $-0.21 | +36.4% | $107M | +3.4% |
| Mar 1, 2023 | $-0.51 | $-0.26 | +49.0% | $98M | +7.4% |
| Nov 9, 2022 | $-0.41 | $-0.44 | -7.3% | $93M | +11.7% |
| Mar 1, 2022 | $-0.70 | $-0.95 | -35.7% | $82M | +7.3% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
PAR has been miscast in the public market and now provides forward-looking financial guidance. Q1 marks a good start with goals to improve profitability and utilize PAR intelligence. Scaled AI-first restaurant retail platform, eliminated structural cost inefficiency, expanded recurring revenue. Operator cloud momentum with ParPoS and Data Central, multi-product cross-sell. Engagement side ARR growth driven by cross-sell, etc. Retail business has strong momentum with AI application. Acquisition of Bridge enhances AI capabilities.
Guidance
For the second quarter of 2026, expect total revenue in the range of $122.5 to $127.5 million and adjusted EBITDA in the range of $9.5 to $11.5 million. For the full year 2026, expect total revenue in the range of $500 to $515 million and adjusted EBITDA in the range of $44 to $47 million.
Segment performance
Total revenue for the quarter was $124 million, representing 19% year-over-year growth. ARR reached $330 million, up 16% year-over-year with organic growth of over 11%. Subscription service revenue was $79 million, an increase of 10 million or 15% from the prior year, representing 63% of total PAR revenue. Hardware revenue in the quarter was $29 million, an increase of 7 million or 34% from the prior year. Adjusted EBITDA for the first quarter of 2026 was $8.9 million, an improvement of $4.4 million compared to Q1 2025.
Analyst Q&A
Q: Expectations on ARR.
A: Target mid-teens ARR growth, levers are new site count and upsell. Next from George Sutton from Craig Harlem.
Q: Strategy layer.
A: AI moves from chat GPT-like to predictability and actions.
Q: Tier 1 opportunities.
A: Tremendous progress, expect outcomes in second half. Next from Steven Sheldon from William Blair.
Q: Drag to ARR from onboarding.
A: Through it, heavily levered towards Punch.
Q: Convenience store traction.
A: Bullish, loyalty grows, Touchpoint launched. Next from Maxwell Michaels from Lake Street Capital Markets.
Q: Punch win rate.
A: Core reason is best product, historical win rates 35%-40%, current 50%+.
Q: Par intelligence pricing.
A: Thinking SaaS-like billing. Next from Andrew Hart from BTIG.
Q: Business confidence.
A: Confident in market positioning, winning rates, cash flow, etc.