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, US
Websitepartech.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2020)1,008
Job Openings68
Revenue (FY, 2020)$213.8 M(+15%)
Share Price (May 2022)$34.8(+5%)
Cybersecurity ratingBMore
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Key People/Management at PAR Technology

Cathy King

Cathy King

Vice President, General Counsel & Corporate Secretary
Darla Haas

Darla Haas

Chief Human Resources Officer
Chris Byrnes

Chris Byrnes

Vice President, Business Development
Raju Malhotra

Raju Malhotra

Chief Product & Technology Officer
Savneet Singh

Savneet Singh

President & CEO
Bryan Menar

Bryan Menar

Chief Financial Officer
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PAR Technology Office Locations

PAR Technology has offices in New Hartford, San Diego, San Mateo, Tampa and in 6 other locations
New Hartford, NY, US (HQ)
8383 Seneca Turnpike
San Diego, CA, US
11545 W Bernardo Ct UNIT 150
Silverwater, AU
1/4 Ave of the Americas
Markham, CA
25 Centurian Dr
Dubai, AE
BP02 Freezone South1, Jebel Ali Post Box 17263 Post Box 17263
Staines, GB
Centurion House, London Rd
Show all (10)

PAR Technology Financials and Metrics

PAR Technology Revenue

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View revenue for all periods
PAR Technology's revenue was reported to be $213.79 m in FY, 2020 which is a 14.2% increase from the previous period.
USD

Revenue (Q3, 2021)

77.9m

Gross profit (Q3, 2021)

18.2m

Gross profit margin (Q3, 2021), %

23.4%

Net income (Q3, 2021)

(31.9m)

EBIT (Q3, 2021)

(14.1m)

Market capitalization (13-May-2022)

898.6m

Closing stock price (13-May-2022)

34.8

Cash (30-Sept-2021)

200.3m

EV

1.0b
PAR Technology's current market capitalization is $898.6 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

201.2m187.2m213.8m

Revenue growth, %

(7%)14%

Cost of goods sold

162.8m148.8m174.5m

Gross profit

38.5m38.5m39.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

44.7m44.2m45.4m54.7m45.7m54.8m54.5m69.0m77.9m

Cost of goods sold

34.9m35.7m36.1m43.7m36.6m43.2m44.3m53.8m59.6m

Gross profit

9.8m8.6m9.2m11.0m9.1m11.7m10.2m15.1m18.2m

Gross profit Margin, %

22%19%20%20%20%21%19%22%23%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

3.5m28.0m180.7m

Accounts Receivable

26.2m41.8m43.0m

Inventories

22.7m19.3m21.6m

Current Assets

55.7m93.6m248.9m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(24.1m)(15.6m)(36.6m)

Depreciation and Amortization

4.7m7.3m14.5m

Inventories

(815.0k)1.9m(4.5m)

Accounts Payable

(1.7m)3.7m(4.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(2.7m)(3.8m)(9.7m)(10.9m)(19.9m)(23.6m)(8.3m)(18.2m)(50.2m)

Depreciation and Amortization

1.0m3.1m5.0m3.1m6.7m10.2m4.0m8.9m15.1m

Inventories

(490.0k)1.9m1.5m(5.2m)(8.1m)(9.9m)(3.8m)(8.8m)(12.4m)

Accounts Payable

2.2m(2.2m)(3.7m)218.0k(931.0k)(655.0k)5.7m4.9m7.8m
USDFY, 2018

Revenue/Employee

201.2k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x
Show all financial metrics

PAR Technology Operating Metrics

FY, 2018FY, 2019FY, 2020

Contract Backlog

$138.6 m$148.7 m$150.5 m

Facility Space (US), sq. ft.

253.77 k238.65 k246.2 k

Products and Services

91110

Sales Offices (International)

544
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PAR Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
PunchhApril 08, 2021$500 m
Restaurant MagicDecember 18, 2019$43 m
Drive-ThruSeptember 30, 2019$8.4 m
AccSys, LLC
PAR Government Systems Corporation
ParTech, Inc.

PAR Technology Revenue Breakdown

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PAR Technology revenue breakdown by business segment: 66.7% from Restaurant/Retail and 33.3% from Government

PAR Technology revenue breakdown by geographic segment: 8.5% from International and 91.5% from United States

PAR Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

PAR Technology Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

PAR Technology Online and Social Media Presence

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PAR Technology Blogs

Punchh Helps Food on Demand Panel Shed Light on Customer Loyalty

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.

PAR Data Central Guru Marcus Wasdin Featured on The Tech Chef Podcast

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.

CKE Restaurants Selects PAR Technology’s Punchh® for Customer Loyalty and Engagement

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.

The Restaurant Labor Shortage in 2022 – PAR White Paper

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.

PAR™ Technology’s Data Central® Restaurant Management Solution to Serve California Pizza Kitchen’s 150+ Locations

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.

PAR Technology Partners with CardFree Payment Solutions to Bring Next-Level Digital Ordering to PAR’s Brink POS®

QSR Magazine’s annual QSR 50 highlights the top earning QSRs in 2021, and nearly half of them use PAR Technology products.
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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 Cathy King, Darla Haas and Chris Byrnes.

  • How many employees does PAR Technology have?

    PAR Technology has 1,008 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 $212.1 k.

  • Who are PAR Technology competitors?

    Competitors of PAR Technology include Bitla Software, Toast and Revel Systems.

  • 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, San Mateo, Tampa and in 6 other locations.

  • How many offices does PAR Technology have?

    PAR Technology has 10 offices.