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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PAR
PAR (PAR) investor relations material
PAR Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
Q3 revenue rose 15.0% YoY to $137.1M; ARR increased 18.1% to $354.5M, including 13.3% organic growth.
Adjusted EBITDA reached $17.1M, up 193% YoY, and Q3 free cash flow was $17.7M.
Net loss narrowed to $9.0M from $18.2M; active sites totaled 174.4K at quarter-end.
Financial highlights
Revenue was $137.1M versus $119.2M; gross profit increased 22.0% to $60.1M.
Subscription revenue was $85.9M (+14.9%), hardware $34.4M (+15.0%), and professional services $16.9M (+16.1%).
Operating expenses declined 2.0% to $65.5M; net loss narrowed to $9.0M from $18.2M.
Nine-month revenue rose 17.6% to $394.5M; adjusted EBITDA was $40.4M versus $15.9M.
Outlook and guidance
FY2026 revenue guidance increased to $532.5M–$536.5M from $516.0M–$523.0M; adjusted EBITDA guidance rose to $57.9M–$59.4M from $50.0M–$53.0M.
Q4 guidance is $138.0M–$142.0M revenue and $17.5M–$19.0M adjusted EBITDA; incremental free cash flow is expected to be modestly positive.
PAR Intelligence is on track to exceed its 50,000-site deployment goal by year-end, with agentic AI capabilities rolling out across the platform.
Management expects potential for ARR growth and bottom-line expansion in 2027; modest Q4 R&D and sales and marketing investment will raise OpEx.
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Next PAR earnings date
Q4 202625 Feb, 2027
PAR
Next PAR earnings date
Q4 202625 Feb, 2027
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Frequently asked questions
PAR Technology Corporation, provides technology solutions to the restaurant and retail industries worldwide. The company's point-of-sale solutions and services help restaurateurs improve efficiency and profitability through menu flexibility, fast payment processing, digital menu displays, and management reporting. The company also provides warehouse management services that combine inventory management with pricing strategies. The company was founded in 1968 and is headquartered in New Hartford, New York.