PAR Technology Q2 revenue tops estimates, raises revenue, adjusted EBITDA outlook

PAR Technology

06/08/2026 21:45

Overview
US restaurant and retail tech firm's Q2 revenue rose 19%, beating analyst expectations
Adjusted EBITDA for Q2 more than doubled year-over-year
Company raised full-year 2026 revenue and adjusted EBITDA outlook

Outlook
PAR Technology raises 2026 revenue outlook to $516 mln-$523 mln, up from $500 mln-$515 mln
Company lifts 2026 adjusted EBITDA forecast to $50 mln-$53 mln, up from $44 mln-$47 mln
PAR Technology sees Q3 revenue at $128 mln-$132 mln and adjusted EBITDA at $13.5 mln-$14.5 mln

Result Drivers
SUBSCRIPTION AND HARDWARE GROWTH - Revenue growth driven by increases in both subscription service and hardware sales
PLATFORM INVESTMENT - Co said it continued to make large investments in its platform, including AI capabilities
OPERATIONAL DISCIPLINE - Co cited operational discipline as helping balance growing profitability with long-term investments

Company press release: ID:nBwc90307a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$133.40 mln
$124.62 mln (9 Analysts)
Q2 Loss Per Share
 
$0.41
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the office equipment peer group is "buy"
Wall Street's median 12-month price target for PAR Technology Corporation is $28.00, about 58.9% above its August 5 closing price of $17.62
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

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Aug 6 - Restaurant Brands beats quarterly same-store sales estimates on Burger King strength

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)