PAR

EX-99.1

2 aex991earningsreleasexq320.htm

EX-99.1

Document

Exhibit 99.1

FOR RELEASE:

CONTACT:

New Hartford, NY, November 5, 2026

Christopher R. Byrnes (315) 743-8376

chris_byrnes@partech.com, www.partech.com

PAR TECHNOLOGY CORPORATION ANNOUNCES THIRD QUARTER 2026 RESULTS

•Quarterly revenues increased 15% year-over-year to $137.1 million

•Annual Recurring Revenue (ARR)(1) increased 18.1% year-over-year to $354.5 million

New Hartford, NY - November 5, 2026 -- PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the third quarter ended September 30, 2026.

PAR Technology CEO, Savneet Singh, commented on the results, “Our third quarter performance demonstrated the continued acceleration in growth and profitability we’ve been building toward. We exited the quarter with strong momentum across the business, supported by enterprise deployments, growing multi-product adoption, and a healthy pipeline that positions us well to finish the year strong and carry that progress into 2027. At the same time, PAR Intelligence is on track to surpass our initial 50,000-site deployment goal by the end of this year, and we continue to invest aggressively in expanding its capabilities and reach. Our operational discipline is allowing us to deliver improving profitability today while continuing to make the long-term investments needed to capture the significant AI and platform opportunity in front of us."

Q3 2026 Financial Highlights

(in millions, except % and per share amounts)GAAP Non-GAAP(1)

Q3 2026

Q3 2025

vs. Q3 2025

Q3 2026

Q3 2025

vs. Q3 2025

Revenue$137.1$119.2 better 15.0%

Net Loss/Adjusted EBITDA$(9.0)$(18.2) better $9.1 million $17.1$5.8 better $11.3 million

Diluted Net (Loss) Income Per Share$(0.22)$(0.45) better $0.23 $0.24$0.05 better $0.19

Subscription Service Gross Margin Percentage55.8%55.3% better 50 bps 66.0%66.2% worse 20 bps

Year-to-Date 2026 Financial Highlights(2)

(in millions, except % and per share amounts)GAAP Non-GAAP(1)

Q3 2026

Q3 2025

vs. Q3 2025

Q3 2026

Q3 2025

vs. Q3 2025

Revenue$394.5$335.4 better 17.6%

Net Loss from Continuing Operations/Adjusted EBITDA$(42.1)$(63.8) better $21.7 million $40.4$15.9 better $24.4 million

Diluted Net (Loss) Income Per Share from Continuing Operations$(1.02)$(1.58) better $0.56 $0.52$0.05 better $0.47

Subscription Service Gross Margin Percentage55.5%56.1% worse 60 bps 65.4%67.2% worse 180 bps

Highlights - Third Quarter 2026(1):

•ARR at end of Q3 '26 totaled $354.5 million

•Active Sites as of September 30, 2026 totaled 174.4 thousand

1

Outlook(3)

Reflecting third quarter results, PAR is raising its full-year 2026 outlook.

For the fourth quarter ending December 31, 2026, PAR expects to report:

•Total revenue in the range of $138.0 million to $142.0 million

•Adjusted EBITDA in the range of $17.5 million to $19.0 million

For fiscal year 2026, PAR expects to report:

•Total revenue in the range of $532.5 million to $536.5 million (up from $516.0 million to $523.0 million)

•Adjusted EBITDA in the range of $57.9 million to $59.4 million (up from $50.0 million to $53.0 million)

The outlook provided above constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. Actual results could vary materially as a result of numerous factors. See cautionary note regarding “Forward-Looking Statements” below.

(1) See “Key Performance Indicators and Non-GAAP Financial Measures” for descriptions of key performance indicators and non-GAAP financial measures, and reconciliations of non-GAAP financial measures to corresponding GAAP financial measures. Amounts presented in the reconciliations and other tables presented herein may not sum due to rounding.

(2) Results exclude historical results from our Government segment which are reported as discontinued operations.

(3) Neither net loss, the most directly comparable GAAP financial measure to adjusted EBITDA, nor a reconciliation of adjusted EBITDA to net loss is available on a forward-looking basis without unreasonable efforts because certain required information is unknown, out of our control, or cannot be reasonably predicted. These items include, but are not limited to, stock-based compensation expense, transaction and integration costs related to acquisitions, severance costs related to restructuring activities, impairment losses, and debt extinguishment activity. For the same reasons, the Company is unable to assess the probable significance of the unavailable information, which could have a material impact on its future GAAP financial results.

Earnings Conference Call.

There will be a conference call at 4:30 p.m. (Eastern) on November 5, 2026, during which management will discuss the Company's financial results for the third quarter ended September 30, 2026. The conference call will be webcast live. To access the webcast, plea

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