Par Technology (PAR) Q3 FY2026 earnings: revenue $137 million, up 15.0% on the year

Par Technology Corp. (PAR) reported revenue of $137 million for Q3 FY2026, the quarter ended 30 September 2026, up 15.0% on the same quarter a year earlier. Net income was -$9 million, and diluted earnings per share $-0.22. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$137 million

+15.0% on the year · +2.8% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-4.0%

-14.8% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$9 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$0.22

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 2 new.

Revenue up 15% to $137.1M: Quarterly revenue was $137.1 million, up 15.0% from $119.2 million. Nine-month revenue was $394.5 million, up 17.6% from $335.4 million.
Net loss narrowed, adjusted EBITDA rose: GAAP net loss was $9.0 million against $18.2 million a year earlier. Adjusted EBITDA was $17.1 million against $5.8 million, a non-GAAP measure reconciled in the release.
ARR reached $354.5 million: Annual recurring revenue was $354.5 million at September 30, up 18.1% year over year and from $338.0 million at June 30, 2026.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	137	133	119	+2.8%	+15.0%
Cost of revenue	77.0	76.8	70.0	+0.3%	+10.1%
Gross profit	60.1	56.6	49.2	+6.1%	+22.0%
Gross margin	43.8%	42.4%	41.3%
Research and development	22.2	22.5	19.3	-1.5%	+15.0%
Operating income	-5.5	-12.9	-17.7
Operating margin	-4.0%	-9.7%	-14.8%
Interest expense	3.8	3.8	2.0	-1.6%	+87.0%
Income tax	0.5	1.4	-0.3	-60.8%
Net income	-9.0	-16.9	-18.2
Net margin	-6.6%	-12.7%	-15.3%
Diluted EPS	-$0.22	-$0.41	-$0.45

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	20.8	7.2	8.4	+188.1%	+147.9%
Capital expenditure	0.2	0.5	1.3	-56.6%	-85.3%
Free cash flow	20.6	6.8	7.0	+204.6%	+192.5%
Free cash flow margin	15.0%	5.1%	5.9%
Cash from investing	-3.1	-3.5	-3.2
Cash from financing	0.0	-2.2	0.1
Depreciation and amortisation	13.4	12.8	12.5	+4.3%	+7.4%
Share-based compensation	7.6	6.8	7.8	+11.9%	-3.3%
Buybacks	0.0	0.0	0.0
Diluted shares, weighted	41m	41m	41m	+0.2%	+1.9%
Shares outstanding at period end	41m	41m	41m	+0.0%	+1.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	811	814	838	-0.4%	-3.3%
Debt	423	422	393	+0.2%	+7.5%
Operating lease liabilities	7.0	7.1	6.8	-1.3%	+2.3%
Other liabilities	147	127	139	+16.1%	+5.7%
Total liabilities and equity	1,388	1,370	1,377	+1.3%	+0.7%
Fixed assets	11.3	11.9	13.6	-5.1%	-16.5%
Goodwill	894	895	898	-0.2%	-0.5%
Intangible assets	196	205	217	-4.6%	-9.9%
Investments	0.6	0.6	0.5	-0.4%	+4.8%
Cash and equivalents	94.5	77.4	92.5	+22.1%	+2.2%
Receivables	76.6	76.3	70.5	+0.4%	+8.6%
Inventory	41.2	34.0	25.4	+21.2%	+62.2%
Other assets	74.2	69.6	59.4	+6.5%	+24.9%
Total assets	1,388	1,370	1,377	+1.3%	+0.7%

Questions

What was Par Technology's revenue in Q3 FY2026?

Par Technology (PAR) reported revenue of $137 million for Q3 FY2026, the quarter ended 30 September 2026, up 15.0% on the same quarter a year earlier.

How much did Par Technology earn in Q3 FY2026?

Net loss for Q3 FY2026 was $9 million, and the diluted loss per share $0.22.

When did Par Technology report Q3 FY2026 results?

Par Technology filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 *	Q1 FY2023	Q2 FY2023 †	Q3 FY2023 †	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024 †	Q3 FY2024 †	Q4 FY2024 * †	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	81.6	80.3	85.1	92.8	97.7	100	69.5	68.7	108	70.1	78.2	96.8	105	104	112	119	120	124	133	137
Cost of revenue	63.0	59.7	64.0	71.4	71.5	77.2	50.3	43.6	81.3	44.0	46.1	53.7	60.0	55.5	61.4	70.0	70.6	69.5	76.8	77.0
Gross profit	18.6	20.6	21.1	21.4	26.2	23.2	19.2	25.1	26.4	26.1	32.0	43.0	45.0	48.3	51.0	49.2	49.5	54.5	56.6	60.1
Gross margin	23%	26%	25%	23%	27%	23%	28%	37%	25%	37%	41%	44%	43%	47%	45%	41%	41%	44%	42%	44%
R&D	10.0	10.8	10.1	12.8	14.9	14.3	14.9	14.7	14.5	15.8	16.2	17.8	17.4	19.8	20.9	19.3	21.8	22.0	22.5	22.2
SG&A	24.9	22.4	26.4	26.5	25.9	27.5	25.6	26.2	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating income	-16.8	-12.8	-16.1	-18.4	-10.7	-13.9	-19.9	-17.0	-15.0	-26.7	-20.7	-15.2	-16.4	-15.8	-17.3	-17.7	-18.1	-13.9	-12.9	-5.5
Operating margin	-21%	-16%	-19%	-20%	-11%	-14%	-29%	-25%	-14%	-38%	-27%	-16%	-16%	-15%	-15%	-15%	-15%	-11%	-10%	-4%
Interest expense	n/a	2.5	2.5	2.5	2.5	2.5	2.5	3.1	1.7	2.4	2.4	4.7	4.5	2.6	2.0	2.0	2.0	2.3	3.8	3.8
Pre-tax income	-22.8	-15.6	-18.8	-20.8	-12.9	-15.6	-19.3	-15.3	-17.6	-26.1	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net income	-25.6	-15.7	-18.8	-21.3	-13.5	-15.9	-19.7	-15.5	-18.6	-18.3	54.2	-19.8	-21.1	-24.4	-21.0	-18.2	-20.9	-16.2	-16.9	-9.0
Net margin	-31%	-19%	-22%	-23%	-14%	-16%	-28%	-23%	-17%	-26%	69%	-20%	-20%	-23%	-19%	-15%	-17%	-13%	-13%	-7%
Diluted EPS	-$1.02	-$0.58	-$0.70	-$0.79	-$0.50	-$0.58	-$0.72	-$0.56	-$0.67	-$0.62	$1.60	-$0.56	-$0.57	-$0.60	-$0.52	-$0.45	-$0.51	-$0.39	-$0.41	-$0.22
Operating cash flow	-9.5	-21.2	-10.4	-2.0	-9.5	-16.7	4.0	-5.7	1.4	-23.6	-13.8	8.8	3.4	-17.2	-6.6	8.4	-11.8	-16.6	7.2	20.8
Capital expenditure	0.5	0.3	2.0	1.6	0.4	0.8	3.8	2.9	0.5	0.0	0.4	0.4	0.2	0.4	0.8	1.3	0.8	0.3	0.5	0.2
Free cash flow	-10.0	-21.5	-12.4	-3.6	-9.9	-17.6	0.1	-8.6	0.9	-23.6	-14.2	8.4	3.2	-17.6	-7.4	7.0	-12.5	-17.0	6.8	20.6
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	n/a	33.1	0.0	0.0
Shares outstanding	27m	27m	27m	27m	27m	27m	27m	28m	28m	34m	34m	36m	39m	40m	41m	41m	41m	41m	41m	41m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.