secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0000708821-25-000131
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAR Tech Q3 ARR $298.4M (+22% YoY); revenue $119.2M (+23%); non-GAAP EBITDA $5.8M
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- ARR grew to $298.4M, up 22% total (15% organic) from $244.7M in Q3 2024; sequential growth $11.7M from Q2 2025.
- Q3 GAAP revenue $119.2M (+23.2% YoY); subscription service revenues up 25% YoY (organic 16%).
- GAAP net loss from continuing ops improved to $(18.2)M from $(20.7)M; non-GAAP Adjusted EBITDA $5.8M vs $2.4M.
- Non-GAAP diluted EPS turned positive $0.06 vs $(0.09) loss in Q3 2024; subscription gross margin (GAAP) 55.3% unchanged.
- Launched PAR AI, an embedded intelligence layer for the restaurant tech stack, expected to drive market share and ARPU.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882125000131/0000708821-25-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882125000131/par-20251106.htm
  HTML page:      https://secwatch.observer/filing/0000708821-25-000131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer