PAR Technology Corporation (PAR) Income Statement
PAR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPAR revenue and net income
Where PAR's revenue goes
2025Each bar shows an amount and its share of revenue. PAR kept −18.5% of revenue as net income.
PAR profit margins
PAR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +30.2% | +20.2% | +16.3% | +7.1% |
| Gross profit | +35.5% | +34.3% | +38.2% | +16.0% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PAR quarterly EPS vs estimates
PAR Technology beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.02).
PAR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $455.5M | $350.0M | $276.7M | $262.3M | $282.9M | $213.8M | $187.2M | $201.2M | $232.6M | $229.7M |
| Cost of revenue | $257.5M | $203.9M | $187.3M | $180.6M | $220.8M | $174.5M | $149.8M | $162.8M | $181.6M | $183.5M |
| Gross profit | $198.0M | $146.1M | $89.4M | $81.7M | $62.1M | $39.3M | $37.4M | $38.5M | $51.0M | $46.2M |
| Research & development | $81.8M | $67.3M | $58.4M | $48.6M | $34.6M | $19.3M | $13.4M | $12.4M | $12.0M | $11.6M |
| Sales, general & admin | $171.6M | $150.6M | $72.1M | $104.7M | $59.8M | $46.2M | $38.1M | $36.7M | $38.2M | $32.1M |
| Total operating expenses | $266.8M | $225.2M | $161.2M | $150.8M | $116.0M | $63.3M | $51.6M | $48.4M | $51.1M | $43.0M |
| Operating income | −$68.8M | −$79.1M | −$71.7M | −$69.1M | −$53.9M | −$23.9M | −$14.2M | −$10.3M | −$121,000 | $2.2M |
| Interest income | $6.1M | $10.2M | $6.9M | $8.8M | $18.1M | $8.3M | $4.7M | $195,000 | $918,000 | $1.2M |
| Interest expense | $6.1M | $10.2M | $6.9M | $8.8M | $18.1M | $8.3M | $4.6M | $387,000 | $121,000 | $121,000 |
| Income before taxes | −$81.7M | −$94.7M | −$79.8M | −$78.9M | −$85.2M | −$39.5M | −$19.2M | −$10.0M | $387,000 | $3.6M |
| Income taxes | $2.9M | −$4.8M | $1.8M | $1.1M | −$9.4M | −$3.0M | −$3.6M | $14.1M | $4.0M | $1.1M |
| Net income | −$84.5M | −$5.0M | −$69.8M | −$69.3M | −$75.8M | −$36.6M | −$15.6M | −$24.1M | −$3.4M | $1.8M |
| EBITDA | −$26.7M | −$46.6M | −$45.8M | −$44.5M | −$45.7M | −$16.8M | −$9.9M | −$4.9M | $3.2M | $6.8M |
| EPS (diluted) | −$0.05 | −$1.25 | −$1.52 | −$1.32 | −$1.42 | −$1.59 | −$0.82 | −$1.27 | $0.14 | $0.15 |
| Gross margin | 43.5% | 41.8% | 32.3% | 31.1% | 22.0% | 18.4% | 20.0% | 19.1% | 21.9% | 20.1% |
| Operating margin | −15.1% | −22.6% | −25.9% | −26.3% | −19.0% | −11.2% | −7.6% | −5.1% | −0.1% | 1.0% |
| Net margin | −18.5% | −1.4% | −25.2% | −26.4% | −26.8% | −17.1% | −8.3% | −12.0% | −1.5% | 0.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133.4M | $124.0M | $120.1M | $119.2M | $112.4M | $103.9M | $105.0M | $96.8M | $78.2M | $70.1M | $107.7M | $68.7M |
| Cost of revenue | $76.8M | $72.9M | $84.0M | $70.0M | $61.4M | $55.5M | $60.0M | $53.7M | $46.1M | $44.0M | $81.3M | $43.6M |
| Gross profit | $56.6M | $51.1M | $36.1M | $49.2M | $51.0M | $48.3M | $45.0M | $43.0M | $32.0M | $26.1M | $26.4M | $25.1M |
| Research & development | $22.5M | $22.0M | $21.8M | $19.3M | $20.9M | $19.8M | $17.4M | $17.8M | $16.2M | $15.8M | $14.5M | $14.7M |
| Sales, general & admin | $37.9M | $30.7M | $30.0M | $44.2M | $44.0M | $41.1M | $41.5M | $37.9M | $35.2M | $36.1M | $18.6M | $27.1M |
| Total operating expenses | $69.5M | $61.3M | $48.8M | $67.4M | $68.3M | $64.1M | $61.4M | $58.2M | $52.8M | $52.8M | $41.4M | $42.2M |
| Operating income | −$12.9M | −$10.3M | −$12.8M | −$18.2M | −$17.3M | −$15.8M | −$16.4M | −$15.2M | −$20.7M | −$26.7M | −$15.0M | −$17.0M |
| Interest income | — | — | $1.5M | $1.5M | $1.4M | $1.6M | $3.4M | $3.4M | — | — | — | $1.8M |
| Interest expense | $3.4M | $1.9M | $1.5M | $1.5M | $1.4M | $1.6M | $3.4M | $3.4M | $1.6M | $1.7M | $1.8M | $1.8M |
| Income before taxes | −$15.5M | −$14.6M | −$19.9M | −$18.5M | −$20.1M | −$23.3M | −$23.5M | −$20.0M | −$23.0M | −$28.2M | −$17.6M | −$19.1M |
| Income taxes | $1.4M | $1.6M | $975,000 | −$277,000 | $944,000 | $1.3M | $1.8M | $653,000 | $612,000 | −$7.8M | $1.1M | $175,000 |
| Net income | −$16.9M | −$16.2M | −$20.9M | −$18.2M | −$21.0M | −$24.4M | −$21.1M | −$19.8M | $54.2M | −$18.3M | −$18.6M | −$15.5M |
| EBITDA | $711,000 | −$4.5M | −$6.1M | −$4.5M | −$6.3M | −$9.8M | −$8.9M | −$6.0M | −$12.5M | −$19.1M | −$8.8M | −$10.8M |
| EPS (diluted) | $0.02 | $0.10 | −$0.13 | $0.06 | $0.03 | −$0.01 | −$0.57 | −$0.09 | −$0.23 | −$0.36 | −$0.33 | −$0.21 |
| Gross margin | 42.4% | 41.2% | 30.0% | 41.3% | 45.4% | 46.5% | 42.9% | 44.5% | 41.0% | 37.2% | 24.5% | 36.6% |
| Operating margin | −9.7% | −8.3% | −10.6% | −15.3% | −15.4% | −15.2% | −15.6% | −15.7% | −26.5% | −38.2% | −13.9% | −24.8% |
| Net margin | −12.7% | −13.0% | −17.4% | −15.3% | −18.7% | −23.4% | −20.1% | −20.5% | 69.3% | −26.1% | −17.3% | −22.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PAR's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PAR financial results
In fiscal year 2025 (ended December 31, 2025), PAR Technology reported revenue of $455.5 million, up 30.2% from the year before. It had a net loss of $84.5 million, a net profit margin of −18.5%. Diluted earnings per share came to −$0.05. Over five years revenue grew at an average rate of 16.3% a year.
See the PAR stock overview for the latest quote and news, or the PAR chart for price history and technical indicators.
PAR income statement FAQ
What is PAR Technology's annual revenue?
PAR Technology reported total revenue of $455.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 30.2% from $350.0 million the previous year.
Is PAR Technology profitable?
No. PAR Technology reported a net loss of $84.5 million in fiscal 2025, a net profit margin of −18.5%; its operating margin was −15.1%.
What is PAR Technology's gross margin?
PAR Technology's gross margin was 43.5% in fiscal 2025: for every $100 of revenue, PAR Technology kept $43 after the direct cost of its products and services.
How much does PAR Technology spend on research and development?
PAR Technology spent $81.8 million on research and development in fiscal 2025, 18.0% of revenue.
How fast is PAR Technology growing?
Revenue grew 16.3% a year on average over the last five fiscal years, from $213.8 million to $455.5 million.
What are PAR Technology's earnings per share?
PAR Technology earned $-0.05 per diluted share in fiscal 2025, compared with $-1.25 a year earlier.
When will PAR Technology report its next earnings?
PAR Technology is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does PAR Technology's fiscal year end?
PAR Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.