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PAR Technology Corp (PAR Tech) is a foodservice technology company that provides cloud-based software and hardware solutions to the restaurant and retail industries. The company offers cloud-based point-of-sale systems, customer engagement and loyalty platforms, digital ordering and delivery platforms, and payment processing systems, among others. It also provides subscription services and professional services. The company markets its products under the Par Pos, Par Ops, and Punchh brand names. The company's products cater to various industries, including quick-service, fast-casual, cinemas, casinos, theme parks, hospitality, and c-stores. PAR Tech is headquartered in New Hartford, New York, the US.
Headquarters
United States of America
Address
Suite 3, 8383 Seneca Turnpike, Par Technology Park, New Hartford, New York, 13413
Website
www.partech.com
Telephone
1 302 7380600
No of Employees
1,800
Industry
Technology and Communications
Ticker Symbol & Exchange
PAR (NYSE)
Revenue (2024)
$455.5M
30.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-1593.6%
(2024 vs 2023)
Market Cap*
$769.8M
Net Profit Margin (2024)
XYZ
-1,205.6%
(2024 vs 2023)
* As of and is in US$
PAR Technology Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cloud-Based Point of Sale (POS) Systems | Professional Services | PAR |
| Restaurant Operations Management | Subscription Services | PAR POS |
| Digital Ordering and Delivery Platform | PAR OPS | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company expanded its partnership with Gold Star Chili to include PAR Ordering and PAR Pay to its existing suite of PAR Hardware, PAR POS, and PAR Punchh. |
| 2026 | Contracts/Agreements | In June, the company's unified platform was chosen by Pizza Factory to modernize its restaurant technology stack and support operations and digital growth across its 110 locations. |
| 2026 | New Products/Services | In April, the company launched PAR Intelligence. |
Competitor Comparison
| Key Parameters | PAR Technology Corp | NCR Voyix Corp | ACI Worldwide Inc | Agilysys Inc | Appetize Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New Hartford | Atlanta | Elkhorn | Alpharetta | Los Angeles |
| State/Province | New York | Georgia | Nebraska | Georgia | California |
| No. of Employees | 1,800 | 13,500 | 2,930 | 2,413 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James C Stoffel | Chairman | Executive Board | 2023 | 79 |
| Savneet Singh | Director; Chief Executive Officer; President | Executive Board | 2018 | 41 |
| Bryan A Menar | Chief Financial Officer | Senior Management | 2017 | - |
| Cathy A King | Corporate Secretary; Chief Legal Officer | Senior Management | 2016 | - |
| Chris Byrnes | Senior Vice President - Investor Relations and Business Development | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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