PAR TECHNOLOGY CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $455.5M | $350.0M | $276.7M | $262.3M | $282.9M | $213.8M | $187.2M | $201.2M |
| Cost of Revenue | $257.5M | $203.9M | $187.3M | $180.6M | $220.8M | $174.5M | $149.8M | $163.7M |
| Gross Profit | $198.0M | $146.1M | $89.4M | $81.7M | $62.1M | $39.3M | $37.4M | $37.5M |
| Gross Margin | 43.5% | 41.8% | 32.3% | 31.1% | 22.0% | 18.4% | 20.0% | 18.6% |
| Operating Expenses | ||||||||
| Research & Development | $81.8M | $67.3M | $58.4M | $48.6M | $34.6M | $19.3M | $13.4M | $12.4M |
| SG&A Expense | $122.7M | $108.9M | $72.1M | $101.2M | $84.0M | $46.2M | $38.1M | $35.8M |
| Operating Income | $-68.8M | $-79.1M | $-71.7M | $-69.1M | $-53.9M | $-23.9M | $-14.2M | $-10.3M |
| Operating Margin | -15.1% | -22.6% | -25.9% | -26.3% | -19.0% | -11.2% | -7.6% | -5.1% |
| Interest Expense | $8.7M | $13.9M | $9.8M | $10.0M | — | — | — | — |
| Pretax Income | $-81.7M | $-94.7M | $-79.8M | $-78.9M | $-85.2M | $-39.5M | $-19.2M | $-10.0M |
| Income Tax Expense | $2.9M | $-4.8M | $1.8M | $1.1M | $-9.4M | $-3.0M | $-3.6M | $14.1M |
| Net Income | $-84.5M | $-5.0M | $-69.8M | $-69.3M | $-75.8M | $-36.6M | $-15.6M | $-24.1M |
| Net Margin | -18.5% | -1.4% | -25.2% | -26.4% | -26.8% | -17.1% | -8.3% | -12.0% |
| EPS (Basic) | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 | $-1.92 | $-0.96 | $-1.50 |
| EPS (Diluted) | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 | $-1.92 | $-0.96 | $-1.50 |
| Shares Outstanding (Basic) | 40.5M | 34.2M | 27.6M | 27.2M | 25.1M | 19.0M | 16.2M | 16.0M |
| Shares Outstanding (Diluted) | 40.5M | 34.2M | 27.6M | 27.2M | 25.1M | 19.0M | 16.2M | 16.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |