PAR TECHNOLOGY CORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
PAR$22.30+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues, net: | ||
| Subscription service | $78,522 | $68,410 |
| Hardware | 29,254 | 21,843 |
| Professional service | 16,197 | 13,606 |
| Total revenues, net | 123,973 | 103,859 |
| Cost of sales: | ||
| Subscription service | 34,853 | 28,900 |
| Hardware | 22,928 | 16,468 |
| Professional service | 11,691 | 10,149 |
| Total cost of sales | 69,472 | 55,517 |
| Gross margin | 54,501 | 48,342 |
| Operating expenses: | ||
| Sales and marketing | 12,285 | 11,782 |
| General and administrative | 30,696 | 29,284 |
| Research and development | 21,975 | 19,767 |
| Amortization of identifiable intangible assets | 3,431 | 3,259 |
| Total operating expenses | 68,387 | 64,092 |
| Operating loss | (13,886) | (15,750) |
| Other income (expense), net | 827 | (91) |
| Interest expense, net | (1,932) | (1,634) |
| Gain (loss) on extinguishment of debt, net | 380 | (5,791) |
| Loss from continuing operations before income taxes | (14,611) | (23,266) |
| Provision for income taxes | (1,558) | (1,281) |
| Net loss from continuing operations | (16,169) | (24,547) |
| Net income from discontinued operations | — | 197 |
| Net loss | $(16,169) | $(24,350) |
| Net (loss) income per share (basic and diluted): | ||
| Continuing operations | $(0.39) | $(0.61) |
| Discontinued operations | — | 0.01 |
| Total | $(0.39) | $(0.60) |
| Weighted average shares outstanding (basic and diluted) | 40,997 | 40,174 |
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