Full-Time
Integrated POS, loyalty, payments for hospitality
No salary listed
Gurugram, Haryana, India + 1 more
More locations: Jaipur, Rajasthan, India
Hybrid
Hybrid work is required in Gurugram or Jaipur.
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PAR Technology provides technology solutions for restaurants and retail, including point-of-sale systems, loyalty programs, digital ordering, restaurant operations software, payment services, and hardware. Its products are designed to work together as a unified platform, with strong emphasis on integrations that connect leading restaurant solutions to create a seamless operation. The company differentiates itself by focusing on a coordinated, “better together” approach across multiple product lines and leveraging over 40 years of industry experience to optimize customer workflows. Its main goal is to streamline operations, improve guest experiences, and support growth for its global client base by delivering integrated technology that covers front-end, back-end, and payment needs.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New Hartford, Iowa
Founded
1968
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PAR Technology reported Q2 revenue of $133.4 million, up 18.7% year-on-year and beating analyst estimates of $125.2 million. The restaurant technology provider posted adjusted earnings per share of $0.18, exceeding consensus by 47.9%. The company raised its full-year revenue guidance to $519.5 million at the midpoint, up from $507.5 million previously. Annual recurring revenue reached $338 million, growing 17.3% year-on-year. CEO Savneet Singh said nearly all new customer contracts included multiple products. The company's PAR Intelligence platform had around 20,000 sites live by quarter-end. Management indicated 2026 will focus on expanding AI adoption across its customer base whilst balancing growth with profitability through disciplined investment in product development.
PAR Technology reported strong second-quarter fiscal 2026 results, with revenue rising 19% year-over-year to $133 million. Adjusted EBITDA reached $14.3 million, whilst free cash flow improved to $3 million. The company's annual recurring revenue hit approximately $338 million, up more than 17% year-over-year. Subscription service revenue grew 16% to $83 million. Management expects ARR growth to accelerate in the second half, supported by major deployments for Burger King and Papa Johns. PAR raised its full-year 2026 revenue guidance to $516 million–$523 million and adjusted EBITDA outlook to $50 million–$53 million. The quarter marked the company's sixth consecutive quarter of sequential adjusted EBITDA growth.
PAR Technology reported record second-quarter 2026 results, with total revenue reaching $133 million, up 19% year-over-year, and adjusted EBITDA of $14.3 million, both exceeding guidance. Annual recurring revenue grew to approximately $338 million, representing over 17% year-over-year growth. The company's platform strategy showed strong momentum, with nearly 100% multi-product attachment on new Q2 engagements. PAR Intelligence adoption accelerated significantly, with roughly 20,000 live sites at quarter-end and another 20,000 planned for Q3. PAR Technology raised its full-year 2026 guidance, now expecting total revenue of $516-$523 million, up from previous guidance of $500-$515 million. Adjusted EBITDA guidance increased to $50-$53 million from $44-$47 million. However, hardware margins declined to 20% from 27% year-over-year due to tariffs and supply chain constraints. The company posted a net loss of $17 million for the quarter.
Illinois mandates cash acceptance and other digital transactions news briefs from 8/4/26. * Illinois merchants accepting in-store payments will have to accept cash payments in addition to other payment methods on transactions of less than $500 beginning Jan. 1, 2028, following Governor J.B. Pritzker's signing of House Bill 4592. * Priority Commerce said it completed an integration with ticketing provider SeatGeek that provides SeatGeek clients with the option to use Priority Commerce for payment processing. * The Secure Technology Alliance launched its Agentic Trust and Commerce Forum. Developed in conjunction with the U.S. Payments Forum, the new effort will bring industry participants, including large language model providers, together to address trust, interoperability, and governance challenges when AI agents begin to transact on behalf of consumers and businesses. * Parent-school engagement platform ParentSquare launched a new capability giving school-district administrators a wider view of parent payment activity for all schools in their district. The new feature is part of the company's existing ParentSquare Pay feature. ParentSquare says it serves school districts accounting for 22 million students. * Payments platform ConnexPay has launched Hotel PayValet, aimed at allowing travel-management companies to make advance payments for group stays at hotels. * Processor Adyen said it will provide payment services to LillyDirect, a site for patients to obtain pharmaceutical maker Lilly's FDA-approved medicines. * Thryv Holdings Inc., a technology developer for small businesses, and payments platform Wix.com Ltd. said they will collaborate on bringing payments, marketing, and other services to small businesses in North America and then globally. * Qu, which offers payments and other technologies for restaurants, announced the appointment of former PAR Technology executive Paul Rubin as chief product and technology officer.
SoFi Technologies has achieved exceptional revenue growth of 35.9% annually over the past two years, demonstrating significant market share gains in digital financial services. The company's earnings per share increased 183% annually during this period, outpacing revenue growth and showing strong profitability on incremental sales. Despite currently burning cash with a trailing 12-month free cash flow margin of -263%, SoFi's performance metrics suggest potential for long-term value creation. The platform offers lending, banking, investing and other financial services to its members. In contrast, analysts question PAR Technology and 1-800-FLOWERS due to cash burn concerns, declining returns on capital, and weakening consumer trends.