PAR Technology Corporation announced its financial results for the second quarter ended June 30, 2025, on August 8, 2025. The company reported total revenues of $112.4 million, a substantial 43.8% increase year-over-year from $78.2 million in Q2 2024.
PAR achieved its fourth consecutive quarter of positive adjusted EBITDA, reaching $5.5 million, a significant improvement from a loss of $(4.3) million in the prior year quarter. This consistent profitability underscores the successful execution of the company's 'Better Together' thesis.
Subscription Services Revenue surged by 60.2% year-over-year to $71.9 million. Savneet Singh, PAR CEO, highlighted that the company signed a record amount of multi-product logos in the quarter and ended with its largest company-wide pipeline to date, indicating strong future growth potential. The Burger King rollout also restarted during the quarter.
Despite the strong revenue and profitability trends, the GAAP net loss from continuing operations for Q2 2025 was $(21.0) million, an improvement from $(23.6) million in Q2 2024. The diluted net loss per share from continuing operations on a GAAP basis was $(0.52), improving from $(0.69) in the prior year quarter, while non-GAAP diluted net income per share was $0.03.
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