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PAR Technology

OverviewSuggest Edit

PAR Technology Corporation is a company specializing in systems and service solutions for the hospitality industry. It provides technical solutions to the government sector. Its government business delivers information management solutions through technology and professional services to federal, state, and local government agencies as well as private industry customers.

TypePublic
Founded1968
HQNew Hartford, NY, USMap
Websitepartech.com
Employee Ratings3.1More
View Jobs (43)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)1,000
Job Openings43
Revenue (FY, 2020)$213.8 M(+15%)
Share Price (May 2021)$61.7(-7%)
Cybersecurity ratingBMore

Key People/Management at PAR Technology

Chris Byrnes

Chris Byrnes

Vice President, Business & Financial Relations
Cathy King

Cathy King

Vice President, General Counsel & Corporate Secretary
Darla Haas

Darla Haas

Chief Human Resources Officer
William J. Williams

William J. Williams

Senior Vice President, Global Operations & Customer Service
Rahi Roshandel

Rahi Roshandel

Vice President, Products
Savneet Singh

Savneet Singh

President & CEO
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PAR Technology Office Locations

PAR Technology has offices in New Hartford, San Diego, Newington, Markham and in 4 other locations
New Hartford, NY, US (HQ)
8383 Seneca Turnpike
San Diego, CA, US
11545 W Bernardo Ct #150
Newington, AU
4 Ave of the Americas
Markham, CA
25 Centurian Dr
Shanghai, CN
165 Jiangchang 3rd Rd, Jingan Qu
Cancún, MX
Mza 2, Av. Rodrigo Gómez 17, Parque Capulines, 17
Show all (8)

PAR Technology Financials and Metrics

PAR Technology Revenue

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PAR Technology's revenue was reported to be $213.79 m in FY, 2020
USD

Revenue (Q1, 2021)

54.5m

Gross profit (Q1, 2021)

10.2m

Gross profit margin (Q1, 2021), %

18.7%

Net income (Q1, 2021)

(8.3m)

EBIT (Q1, 2021)

(6.0m)

Market capitalization (12-May-2021)

1.6b

Closing stock price (12-May-2021)

61.7

Cash (31-Mar-2021)

173.1m

EV

1.5b
PAR Technology's current market capitalization is $1.6 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

245.2m241.4m233.6m229.0m229.7m232.6m201.2m187.2m213.8m

Revenue growth, %

(3%)(2%)0%

Cost of goods sold

194.2m188.6m182.3m182.9m183.5m179.8m162.8m148.8m174.5m

Gross profit

50.9m52.8m51.3m46.1m46.2m52.8m38.5m38.5m39.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

58.3m59.8m55.6m62.1m61.1m66.7m59.5m55.5m56.5m57.4m56.3m59.6m63.3m58.1m55.3m52.7m61.5m65.9m62.3m48.9m55.7m52.6m46.4m44.7m44.2m45.4m54.7m12.3m20.5m54.5m

Cost of goods sold

51.0m44.5m40.5m50.1m47.0m53.5m46.1m43.2m44.5m45.1m43.0m46.6m48.8m46.1m44.7m42.2m48.9m50.2m47.1m39.6m43.8m41.2m37.8m34.9m35.7m36.1m43.7m10.0m16.0m44.3m

Gross profit

7.2m15.3m15.1m12.0m14.0m13.2m13.5m12.4m12.0m12.3m13.3m13.0m14.5m11.9m10.6m10.4m12.6m15.7m15.2m9.4m11.8m11.4m8.5m9.8m8.6m9.2m11.0m2.4m4.5m10.2m

Gross profit Margin, %

12%26%27%19%23%20%23%22%21%21%24%22%23%21%19%20%20%24%24%19%21%22%18%22%19%20%20%19%22%19%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

19.5m10.0m10.2m8.0m9.1m6.6m3.5m28.0m180.7m

Accounts Receivable

29.9m30.7m31.4m29.5m30.7m30.1m26.2m41.8m43.0m

Prepaid Expenses

3.2m3.4m4.6m3.8m4.2m3.3m

Inventories

26.2m24.5m25.9m21.5m21.7m22.7m19.3m21.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

3.7m3.4m14.7m16.9m18.2m14.1m9.6m10.1m10.3m13.0m10.3m6.0m5.1m2.1m5.8m5.4m2.9m5.5m3.3m1.2m5.8m8.7m5.8m4.1m58.7m46.9m60.1m58.8m55.8m173.1m

Accounts Receivable

37.2m36.8m27.3m31.3m26.3m28.1m30.0m26.0m34.2m31.3m31.3m32.4m34.5m29.3m34.0m29.5m32.8m34.2m33.8m28.4m35.9m33.4m27.2m29.3m25.9m28.6m42.8m38.2m40.1m38.7m

Prepaid Expenses

3.8m3.1m3.1m3.1m4.0m3.5m3.5m3.7m3.3m3.2m4.2m5.2m4.4m2.7m3.6m4.6m5.2m4.4m4.2m4.0m5.3m4.2m4.5m5.1m6.7m5.2m

Inventories

35.2m29.8m25.9m23.5m25.5m25.8m28.2m25.3m22.8m22.4m25.5m27.2m24.9m25.1m22.4m25.4m29.8m24.8m28.8m26.7m22.4m26.7m24.3m22.6m20.4m19.1m23.3m26.0m27.1m25.3m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(315.0k)358.0k(3.7m)(891.0k)1.8m(3.4m)(24.1m)(15.6m)(36.6m)

Depreciation and Amortization

8.7m2.8m3.7m3.1m4.6m4.0m4.7m7.3m14.5m

Inventories

(4.1m)(857.0k)(3.7m)3.1m(6.0m)2.9m(815.0k)1.9m(4.5m)

Accounts Payable

5.4m(3.9m)2.5m(7.5m)5.0m(2.4m)(1.7m)3.7m(4.2m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(17.4m)(16.2m)2.5m1.9m3.3m(384.0k)(327.0k)113.0k(989.0k)(1.5m)(1.6m)(385.0k)(284.0k)(1.8m)15.0k89.0k608.0k3.4m1.9m68.0k(1.3m)(18.0m)(2.7m)(3.8m)(9.7m)(10.9m)(19.9m)(23.6m)(8.3m)

Depreciation and Amortization

1.4m2.1m825.0k1.7m2.6m544.0k1.3m2.0m830.0k1.7m2.5m1.1m2.3m2.3m777.0k1.6m3.2m898.0k1.9m2.8m1.1m2.3m3.5m1.0m3.1m5.0m3.1m6.7m10.2m4.0m

Inventories

5.0m970.0k(1.4m)431.0k(2.5m)(314.0k)(3.4m)(1.0m)795.0k506.0k(2.9m)(1.7m)194.0k(418.0k)(1.3m)(4.9m)(10.2m)479.0k(4.1m)(2.0m)(1.3m)(6.0m)(3.6m)(490.0k)1.9m1.5m(5.2m)(8.1m)(9.9m)(3.8m)

Accounts Payable

(1.8m)(5.4m)744.0k3.2m1.4m(4.8m)(4.5m)(8.7m)737.0k539.0k1.6m(3.6m)(4.3m)(2.6m)3.5m4.8m7.5m773.0k(2.5m)(7.2m)3.2m6.7m(1.5m)2.2m(2.2m)(3.7m)218.0k(931.0k)(655.0k)5.7m
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USDQ2, 2011

Financial Leverage

1.8 x
Show all financial metrics

PAR Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

Learn more about our premium products
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PAR Technology Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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PAR Technology Online and Social Media Presence

PAR Technology's Trends

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PAR Technology Blogs

May 13, 2021

Why Restaurants Need to Care About Customer Reviews and Online Feedback: Part 1

In a world where seemingly everyone is a critic, online reviews can have a massive impact on the bottom line. The post Why Restaurants Need to Care About Customer Reviews and Online Feedback: Part 1 appeared first on ParTech.
May 11, 2021

3 Things You Probably Didn’t Know About Punchh

Punchh has been a member of the PAR family for about a month now, but there are still a few things we don’t know about the industry-leading loyalty and engagement platform. The post 3 Things You Probably Didn’t Know About Punchh appeared first on ParTech.
May 10, 2021

PAR TECHNOLOGY CORPORATION ANNOUNCES 2021 FIRST QUARTER RESULTS

New Brink Bookings in Q1 = 1,345 stores – 85% increase from Q1 ‘20 New Hartford, NY- May 10, 2021 — PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its results for the first quarter ended March 31, 2021. Summary of Fiscal 2021 First Quarter Revenues were re…
May 07, 2021

Cinco de Mayo Brings the Heat as Restaurants Take Advantage of Digital Loyalty and Personalized Offers

The post Cinco de Mayo Brings the Heat as Restaurants Take Advantage of Digital Loyalty and Personalized Offers appeared first on ParTech.
May 06, 2021

PAR Technology Corporation Reschedules Release of First Quarter 2021 Results and Conference Call to May 10, 2021

New Hartford, NY- May 6, 2021 — PAR Technology Corporation (NYSE: PAR) today announced that it has rescheduled the release of its first quarter 2021 results one day earlier to May 10, 2021. The results are now scheduled to be released at 4:00 p.m. ET, followed by an investor presentation and confere…
May 04, 2021

What’s the Difference Between a Ghost Kitchen, Dark Kitchen, Virtual Kitchen, and Cloud Kitchen?

The post What’s the Difference Between a Ghost Kitchen, Dark Kitchen, Virtual Kitchen, and Cloud Kitchen? appeared first on ParTech.
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 PAR Technology Frequently Asked Questions

  • When was PAR Technology founded?

    PAR Technology was founded in 1968.

  • Who are PAR Technology key executives?

    PAR Technology's key executives are Chris Byrnes, Cathy King and Darla Haas.

  • How many employees does PAR Technology have?

    PAR Technology has 1,000 employees.

  • What is PAR Technology revenue?

    Latest PAR Technology annual revenue is $213.8 m.

  • What is PAR Technology revenue per employee?

    Latest PAR Technology revenue per employee is $213.8 k.

  • Who are PAR Technology competitors?

    Competitors of PAR Technology include Toast, Revel Systems and TouchBistro.

  • Where is PAR Technology headquarters?

    PAR Technology headquarters is located at 8383 Seneca Turnpike, New Hartford.

  • Where are PAR Technology offices?

    PAR Technology has offices in New Hartford, San Diego, Newington, Markham and in 4 other locations.

  • How many offices does PAR Technology have?

    PAR Technology has 8 offices.