Filing Flows › PAR Technology (PAR) › Q1 2026
PAR Technology (PAR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
PAR Technology (PAR) reported revenue of $124M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +3% from the quarter before. Operating margin was -11.2%, net loss $16.2M (13.0% of revenue).
PAR Technology, Q1 2026: revenue $124M (+19% year over year), operating margin -11.2%, net loss $16.2M, operating cash flow −$16.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $124M | +3% | +19% |
| Operating profit | −$13.9M | — | — |
| Net earnings | −$16.2M | — | — |
| Operating cash flow | −$16.6M | — | — |
What changed
Revenue was $124.0M in Q1 2026, up 19% year over year and up 3% from the previous quarter. Subscription service was the largest line at 63% of revenue. Subscription service added $10.1M year over year (up 15%), 50% of the total change.
Gross margin was 44.0%, down 2.6 points from Q1 2025. Operating costs exceeded revenue by $13.9M, an operating margin of -11.2%. Operating expenses grew 7% against revenue growth of 19%. The fastest-growing cost line was Research & development (+11%). The quarter ended with a net loss of $16.2M, narrower than the previous quarter's $20.9M loss.
Operating cash flow was −$16.6M. Non-cash charges added back $12.0M of depreciation and amortization and $7.2M of share-based compensation. Working capital and other items used $19.7M. Capital expenditures of $321K exceeded it, leaving free cash flow of −$17.0M.
Questions
What was PAR Technology's revenue in the first quarter 2026?
PAR Technology (PAR) reported revenue of $124M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +3% from the quarter before.
Was PAR Technology profitable in the first quarter 2026?
Operating loss was $13.9M (-11.2% of revenue) and net loss $16.2M.
Source: PAR Technology 10-Q on SEC EDGAR.