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PAR Technology Corporation — Third Quarter 2026 Earnings Summary

  • Total revenue for Q3 2026 rose 15.0% year-over-year to $137.1 million, while GAAP net loss narrowed to $9.0 million from $18.2 million in the prior year period; Non-GAAP Adjusted EBITDA increased to $17.1 million from $5.8 million.
  • The company raised full-year 2026 guidance, projecting revenue of $532.5 million to $536.5 million and Adjusted EBITDA of $57.9 million to $59.4 million, compared to previous ranges of $516.0–$523.0 million and $50.0–$53.0 million respectively.
  • Annual Recurring Revenue (ARR) grew 18.1% year-over-year to $354.5 million, driven by enterprise deployments and multi-product adoption, with PAR Intelligence on track to exceed its 50,000-site deployment goal by year-end.
  • Management highlighted strong momentum and operational discipline, though risks remain regarding AI integration, supply chain disruptions, and macroeconomic headwinds.
Company
PAR TECHNOLOGY CORP
Sector
Technology
Industry
Software - Application