PAR TECHNOLOGY CORP (PAR) Form 8-K — Aug 6, 2026
PAR Technology Corporation reported second quarter 2026 results on August 6, 2026, with revenue of $133.4 million, up 19% year-over-year, and annual recurring revenue of $338.0 million, up 17% year-over-year. Profitability improved sharply: Adjusted EBITDA reached $14.3 million versus $5.5 million a year ago (a 10.7% margin, up 580 bps), while the GAAP net loss narrowed to $16.9 million, or $(0.41) per diluted share, from $21.0 million, or $(0.52), in Q2 2025; non-GAAP diluted EPS was $0.18 versus $0.01.
Key figures
- Eps
- $(0.41) GAAP diluted; $0.18 non-GAAP diluted (vs $(0.52) GAAP and $0.01 non-GAAP in Q2 2025)
- Revenue
- $133.4 million (Q2 2026)
- Guidance
- Q3 2026: revenue $128.0M-$132.0M, Adjusted EBITDA $13.5M-$14.5M. FY2026 (raised): revenue $516.0M-$523.0M (up from $500.0M-$515.0M), Adjusted EBITDA $50.0M-$53.0M (up from $44.0M-$47.0M)
- Net Income
- $(16.9) million net loss in Q2 2026 (vs $(21.0) million in Q2 2025)
- Total Debt
- $422.4 million long-term debt (up from $374.1 million at December 31, 2025); no current portion
- Revenue Yoy
- +19% (stated as better 18.7% vs Q2 2025 revenue of $112.4 million)
- Total Assets
- $1.37 billion ($1,369,872 thousand) at June 30, 2026
- Cash Position
- $77.4 million cash and cash equivalents at June 30, 2026
- Shares Outstanding
- 41362708
- Arr
- $338.0 million, up 17% YoY (from $288.2 million)
- Ytd revenue
- $257.4 million, up 19.0% YoY
- Active sites
- 174.3 thousand as of June 30, 2026
- Adjusted ebitda
- $14.3 million in Q2 2026 vs $5.5 million in Q2 2025 (+$8.7 million)
- Impairment loss
- $5.4 million intangible asset impairment (Stuzo trademark write-off and abandoned PAR Clear capitalized software)
- Interest expense
- $3.4 million net interest expense in Q2 2026 vs $1.4 million in Q2 2025
- Organic arr growth
- 12% YoY
- Operating cash flow
- $7.2 million provided by operating activities in Q2 2026
- Ytd adjusted ebitda
- $23.2 million vs $10.1 million prior year
- Adjusted ebitda margin
- 10.7% in Q2 2026, +580 bps YoY
Price after filing
Close on the filing date to close N calendar days later (from $17.43). Historical, not a forecast.
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