PAR TECHNOLOGY CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $455.5M | $350.0M | $276.7M | $262.3M | $282.9M |
| Cost of revenue | $257.5M | $203.9M | $187.3M | $180.6M | $220.8M |
| Gross profit | $198.0M | $146.1M | $89.4M | $81.7M | $62.1M |
| Selling, general & administrative | — | — | — | $101.2M | $84.0M |
| Research and development | $81.8M | $67.3M | $58.4M | $48.6M | $34.6M |
| Operating expenses | $266.8M | $225.2M | $161.2M | $150.8M | $116.0M |
| Operating income | -$68.8M | -$79.1M | -$71.7M | -$69.1M | -$53.9M |
| Pretax income | -$81.7M | -$94.7M | -$79.8M | -$78.9M | -$85.2M |
| Income tax expense | $2.9M | -$4.8M | $1.8M | $1.1M | -$9.4M |
| Net income | -$84.5M | -$5.0M | -$69.8M | -$69.3M | -$75.8M |
| Balance Sheet | |||||
| Cash and equivalents | $79.6M | $108.1M | $37.2M | $70.3M | $188.4M |
| Current assets | $232.9M | $218.0M | $180.6M | $223.9M | $283.0M |
| Total assets | $1.4B | $1.4B | $802.6M | $854.9M | $888.1M |
| Current liabilities | $140.7M | $111.8M | $80.2M | $67.8M | $60.5M |
| Total liabilities | $544.0M | $509.0M | $469.5M | $479.7M | $383.8M |
| Total debt | $400.0M | $375.0M | $385.0M | — | — |
| Stockholders' equity | $825.1M | $871.7M | $333.1M | $375.2M | $504.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$27.2M | -$25.2M | -$17.1M | -$43.1M | -$53.2M |
| Depreciation and amortization | $49.0M | $37.9M | $27.0M | $25.6M | $21.4M |
| Stock-based compensation | $30.6M | $24.5M | $14.3M | $13.3M | $14.6M |
| Capital expenditure | $3.3M | $970,000 | $5.0M | $1.2M | $1.4M |
| Free cash flow | -$30.5M | -$26.2M | -$22.1M | -$44.2M | -$54.6M |
| Share repurchases | — | — | — | $3.1M | $5.3M |
| Impairments | $3.6M | $225,000 | $0 | $1.3M | $0 |
Shares outstanding 41.2M · Free float 53.5%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.