NYSE$PAR
PAR Technology Corporation · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
PAR Technology reported strong operating performance with revenue growth and ARR growth in the first quarter of 2022.
PAR Technology Corporation announced its financial results for the first quarter ended March 31, 2022. Revenues were reported at $80.3 million, a 47.4% increase compared to the same period in 2021. The company's ARR grew 172% year-over-year. Net loss for the quarter was $15.7 million, or $0.58 net loss per share.
- Total revenues increased 47.4% year-over-year from Q1 '21.
- Software Annual Recurring Revenues (ARR) grew to $94.4 million, a 172% increase from Q1 '21.
- Punchh contributed $11.2 million of revenue for the first quarter of 2022.
- Adjusted EBITDA improved by 42% from one year ago.
Headline financials
Revenue & EPS history
PAR Technology · Revenue · Quarterly
$80.3M
Revenue by segment
PAR Technology · $58.8M total across 3 segments · Q1 2022
- Hardware$24.7M—41.9%
- Subscription Service$19.3M—32.9%
- Professional Service$14.8M—25.2%
Forward guidance
Company is at an exciting time in our industry, as restaurants large and small transform and modernize to become software-driven, digital enterprises.
Tailwinds
- Restaurants large and small transform and modernize to become software-driven, digital enterprises.
- Q1 results reflect the power of platform and integrating Punchh with Brink and Data Central
- Closed several large brands who chose multiple PAR solutions in the quarter.
- Recent customer wins demonstrate the accelerating demand for Unified Commerce
- Restaurants require simpler solutions, fewer integrations and more natively unified solutions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.7%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+4.1%
Avg return
30 days after
51%
33 / 65 earnings
Positive
+16.0%
Q1 2015
Best reaction
-27.5%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +7.5% | +11.9% | -2.8% | |
| Q4 2025 | -27.5% | -16.9% | -43.0% | |
| Q3 2025 | +15.8% | +18.0% | +3.5% | |
| Q1 2025 | +3.3% | +11.5% | +6.9% | |
| Q4 2024 | +13.2% | +6.3% | +1.2% | |
| Q3 2024 | +13.0% | +11.7% | +18.3% | |
| Q2 2024 | +13.6% | +16.1% | +17.8% | |
| Q1 2024 | -6.2% | -3.8% | -4.1% | |
| Q4 2023 | -4.1% | -5.4% | -0.1% | |
| Q3 2023 | +6.2% | +11.4% | +22.2% | |
| Q2 2023 | -9.1% | +2.5% | +18.5% | |
| Q1 2023 | -0.4% | +10.0% | +24.0% | |
| Q4 2022 | +0.1% | +7.5% | -0.6% | |
| Q3 2022 | +9.6% | +11.6% | -1.0% | |
| Q2 2022 | -13.6% | -8.5% | -23.9% | |
| Q1 2022 | +5.3% | +12.8% | +19.6% | |
| Q4 2021 | -4.1% | -8.6% | -3.8% | |
| Q3 2021 | +2.1% | +1.1% | -16.1% | |
| Q2 2021 | +1.1% | +0.8% | +9.3% | |
| Q1 2021 | -14.6% | -22.3% | -15.5% | |
| Q4 2020 | -3.4% | +0.9% | -0.1% | |
| Q3 2020 | +0.0% | +10.6% | +36.2% | |
| Q2 2020 | -1.7% | +0.4% | +4.6% | |
| Q1 2020 | +12.6% | +14.8% | +51.9% | |
| Q4 2019 | -20.4% | -37.1% | -26.7% | |
| Q3 2019 | +12.2% | +20.4% | +12.5% | |
| Q2 2019 | -10.0% | -3.5% | -10.8% | |
| Q1 2019 | -3.2% | -0.8% | +8.6% | |
| Q4 2018 | -0.7% | -10.1% | -9.5% | |
| Q3 2018 | +3.2% | -10.7% | +3.7% | |
| Q2 2018 | +15.4% | +19.6% | +16.7% | |
| Q1 2018 | +2.0% | +1.9% | -1.9% | |
| Q4 2017 | -6.7% | +5.8% | +21.0% | |
| Q3 2017 | -6.2% | -12.9% | +0.2% | |
| Q2 2017 | -1.7% | +6.5% | +7.6% | |
| Q1 2017 | -1.9% | -1.4% | +0.4% | |
| Q4 2016 | +3.7% | +10.4% | +13.0% | |
| Q3 2016 | -14.1% | -4.6% | -3.6% | |
| Q2 2016 | -0.8% | -0.2% | +4.3% | |
| Q1 2016 | -17.4% | — | — | |
| Q4 2015 | +15.1% | — | — | |
| Q3 2015 | +15.2% | — | — | |
| Q2 2015 | +15.3% | — | — | |
| Q1 2015 | +16.0% | — | — | |
| Q4 2014 | -5.9% | — | — | |
| Q3 2014 | +6.0% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | -0.2% | — | — | |
| Q4 2013 | -1.2% | — | — | |
| Q3 2013 | +0.9% | — | — | |
| Q2 2013 | +0.5% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | +5.3% | — | — | |
| Q3 2012 | -3.8% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q3 2010 | -1.0% | — | — | |
| Q3 2011 | -1.0% | — | — | |
| Q2 2010 | +2.4% | — | — | |
| Q4 2010 | +2.4% | — | — | |
| Q2 2011 | +2.4% | — | — | |
| Q1 2010 | +7.0% | — | — |
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