Filing Flows › PAR Technology (PAR) › Q2 2026 › vs Q2 2025
PAR Technology (PAR) Q2 2026 vs Q2 2025 (year over year)
PAR Technology's revenue rose $21.0M (+19%) from $112M in Q2 2025 to $133M in Q2 2026. The biggest changes: Subscription service +$11.5M (+16%); Hardware +$8.2M (+31%); Professional service +$1.3M (+10%).
PAR Technology, Q2 2026: revenue $133M (+19% year over year), operating margin -9.7%, net loss $16.9M, operating cash flow $7.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 5.1% | -6.6% | +11.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Subscription service | $83.4M | $71.9M | $11.5M | +16% |
| Hardware | $35.1M | $26.9M | $8.2M | +31% |
| Professional service | $14.9M | $13.6M | $1.3M | +10% |
| Revenue | $133M | $112M | $21.0M | +19% |
| Net loss | $16.9M | $21.0M | −$4.1M | -20% |
| Costs & expenses | $150M | $133M | $16.9M | +13% |
| Operating costs | $146M | $130M | $16.6M | +13% |
| Interest & other, net | $2.6M | $2.8M | −$177K | -6% |
| Income tax | $1.4M | $944K | $439K | +47% |
| Cost of revenue | $76.8M | $61.4M | $15.4M | +25% |
| Research & development | $22.5M | $20.9M | $1.6M | +8% |
| Sales & marketing | $11.6M | $12.3M | −$710K | -6% |
| General & admin | $26.3M | $31.7M | −$5.4M | -17% |
| Other operating costs | $9.1M | $3.4M | $5.7M | +169% |
| Operating cash sources | $24.1M | $14.4M | $9.7M | +67% |
| Depreciation & amortization | $12.8M | $12.4M | $423K | +3% |
| Share-based compensation | $6.8M | $7.9M | −$1.1M | -14% |
| Working capital & other | $4.5M | −$5.9M | $10.4M | — |
| Net loss absorbed | $16.9M | $21.0M | −$4.1M | -20% |
| Operating cash flow | $7.2M | −$6.6M | $13.8M | — |
| Free cash flow (OCF − capex) | $6.8M | −$7.4M | $14.2M | — |
| Capital expenditures | $456K | $782K | −$326K | -42% |
Questions
How much did PAR Technology's revenue grow year over year in Q2 2026?
PAR Technology's revenue rose $21.0M (+19%) from $112M in Q2 2025 to $133M in Q2 2026.
What drove PAR Technology's revenue change in Q2 2026?
Subscription service +$11.5M (+16%); Hardware +$8.2M (+31%); Professional service +$1.3M (+10%).