PAR Technology Q3 revenue beats estimates, lifts outlook
PAR•PAR Technology’s Q3 revenue rose 15% to $137.1 million, above the $129.54 million analyst estimate. It raised its 2026 revenue outlook to $532.5 million-$536.5 million and adjusted EBITDA outlook to $57.9 million-$59.4 million.
1. Quarterly results
PAR Technology reported Q3 revenue of $137.1 million, up 15% and above the $129.54 million consensus estimate. The company reported a loss per share of $0.22.
2. Higher 2026 outlook
The company raised its 2026 revenue outlook to $532.5 million-$536.5 million, from $516 million-$523 million, and its adjusted EBITDA outlook to $57.9 million-$59.4 million, from $50 million-$53 million. It expects Q4 revenue of $138 million-$142 million and adjusted EBITDA of $17.5 million-$19 million.
3. Growth drivers
Annual recurring revenue increased 18.1% year over year to $354.5 million. PAR Technology said Q3 momentum was supported by enterprise deployments and growing multi-product adoption, while improved profitability was due in part to operational discipline as it continued to invest in long-term growth.
