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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 (60)

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Latest Updates

Employees (est.) (Dec 2019)1,000
Job Openings60
Revenue (FY, 2020)$213.8 M(+15%)
Share Price (Jul 2021)$65.6(+4%)
Cybersecurity ratingBMore

Key People/Management at PAR Technology

Cathy King

Cathy King

Vice President, General Counsel & Corporate Secretary
Christopher R. Byrnes

Christopher R. Byrnes

Vice President, Business Development
Darla Haas

Darla Haas

Chief Human Resources Officer
Chris Byrnes

Chris Byrnes

Vice President, Business Development
William J. Williams

William J. Williams

Senior Vice President, Global Operations & Customer Service
Rahi Roshandel

Rahi Roshandel

Vice President, Products
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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 (21-Jul-2021)

1.7b

Closing stock price (21-Jul-2021)

65.6

Cash (31-Mar-2021)

173.1m

EV

1.6b
PAR Technology's current market capitalization is $1.7 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

85/100

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

July 23, 2021

How to Become an Employer of Choice During the Great Resignation

Job seekers wield an incredible amount of power right now, and restaurants need to prove they have what it takes to keep people happy. The post How to Become an Employer of Choice During the Great Resignation appeared first on ParTech.
July 21, 2021

Lessons in Restaurant Technology from Benjamin Franklin

Similar to how Philadelphia was rebuilding after a catastrophic fire in 1730, the restaurant industry has been dealing with its own inferno in the form of the coronavirus, ongoing labor issues, and changing consumer habits. The post Lessons in Restaurant Technology from Benjamin Franklin appeared fi…
July 21, 2021

PAR Technology’s Punchh Launches New End-to-End Pickup Experience with Integrated Loyalty

Punchh Pickup offers a customizable dashboard and automated customer communication for a streamlined pickup experience and reduced wait times New Hartford, NY – July 21, 2021 –  ParTech, Inc. (PAR), a global restaurant technology company and provider of a unified commerce cloud platform for enterpri…
July 16, 2021

Can Leveraging Data Improve Restaurant Operations?

The pandemic didn’t do the industry any favors, but it forced restaurants to look more closely at the information they collect and apply to their operations. The post Can Leveraging Data Improve Restaurant Operations? appeared first on ParTech.
July 13, 2021

How Restaurants Can Combat Food Supply Issues

If you’re looking for a perfect storm of how supply and demand have left us all struggling, look no further than the humble chicken wing. The post How Restaurants Can Combat Food Supply Issues appeared first on ParTech.
July 08, 2021

What Is a Back-Office and Why Is It Important?

Long story short; back-office software is essential to operating a successful restaurant. The post What Is a Back-Office and Why Is It Important? 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 Cathy King, Christopher R. Byrnes 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.