1Q26 Takeaways: Slight Core Beat with Stronger Top Line Across the Board

PAR Technology delivered a 1Q26 revenue beat and issued strong full-year guidance, supported by stabilizing subscription growth and cost-reduction measures.

Key Takeaways

• 1.PAR reported a top-line beat for 1Q26, driven by strong subscription and professional services revenues.
• 2.Management provided 2Q and FY26 guidance for the first time, coming in ahead of consensus expectations.
• 3.The company has completed the strategic churn of low-revenue Punchh customers and expects more normalized ARR growth.

Table of Contents

• Bottom line
• 1Q26 Results
• Guidance
• Valuation methodology
• Disclosure Appendix
• GS Factor Profile
• M&A Rank
• Quantum
• Disclosures
• Company-specific regulatory disclosures
• Distribution of ratings/investment banking relationships
• Price target and rating history chart(s)
• Target price history table(s)
• Regulatory disclosures
• Additional disclosures required under the laws and regulations of jurisdictions other than the United States
• Ratings, coverage universe and related definitions
• Global product; distributing entities
• General disclosures

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial