PAR Technology Corp
NYSE:PAR
Income Statement
Earnings Waterfall
PAR Technology Corp
Revenue
|
415.8m
USD
|
Cost of Revenue
|
-317.5m
USD
|
Gross Profit
|
98.3m
USD
|
Operating Expenses
|
-167.7m
USD
|
Operating Income
|
-69.4m
USD
|
Other Expenses
|
-343k
USD
|
Net Income
|
-69.8m
USD
|
Income Statement
PAR Technology Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
241
N/A
|
231
-4%
|
221
-4%
|
218
-1%
|
218
0%
|
217
-1%
|
226
+4%
|
231
+2%
|
229
-1%
|
229
+0%
|
223
-3%
|
226
+2%
|
230
+2%
|
240
+5%
|
250
+4%
|
237
-5%
|
233
-2%
|
222
-4%
|
213
-4%
|
210
-1%
|
201
-4%
|
190
-5%
|
182
-4%
|
181
-1%
|
187
+3%
|
197
+5%
|
199
+1%
|
208
+5%
|
214
+3%
|
214
0%
|
237
+11%
|
260
+10%
|
283
+9%
|
309
+9%
|
325
+5%
|
340
+5%
|
356
+5%
|
376
+6%
|
391
+4%
|
406
+4%
|
416
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(189)
|
(180)
|
(175)
|
(174)
|
(176)
|
(177)
|
(182)
|
(187)
|
(184)
|
(183)
|
(178)
|
(181)
|
(184)
|
(190)
|
(194)
|
(185)
|
(182)
|
(174)
|
(168)
|
(166)
|
(164)
|
(155)
|
(150)
|
(148)
|
(150)
|
(158)
|
(159)
|
(166)
|
(175)
|
(175)
|
(192)
|
(209)
|
(221)
|
(236)
|
(246)
|
(258)
|
(267)
|
(284)
|
(300)
|
(308)
|
(318)
|
|
Gross Profit |
53
N/A
|
52
-2%
|
46
-11%
|
45
-3%
|
42
-7%
|
40
-5%
|
44
+10%
|
44
+1%
|
45
+2%
|
46
+1%
|
44
-3%
|
45
+2%
|
46
+2%
|
51
+10%
|
55
+9%
|
52
-6%
|
51
-2%
|
48
-5%
|
45
-8%
|
44
-2%
|
38
-15%
|
35
-6%
|
32
-8%
|
33
+1%
|
37
+14%
|
39
+5%
|
40
+1%
|
42
+7%
|
39
-7%
|
38
-2%
|
45
+16%
|
51
+15%
|
62
+22%
|
73
+17%
|
79
+8%
|
82
+4%
|
89
+9%
|
92
+3%
|
91
-1%
|
98
+7%
|
98
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(54)
|
(52)
|
(45)
|
(42)
|
(38)
|
(34)
|
(38)
|
(38)
|
(39)
|
(40)
|
(40)
|
(42)
|
(44)
|
(46)
|
(49)
|
(49)
|
(51)
|
(51)
|
(51)
|
(50)
|
(48)
|
(48)
|
(47)
|
(49)
|
(52)
|
(57)
|
(68)
|
(61)
|
(67)
|
(70)
|
(85)
|
(102)
|
(117)
|
(130)
|
(138)
|
(145)
|
(152)
|
(161)
|
(164)
|
(166)
|
(168)
|
|
Selling, General & Administrative |
(38)
|
(37)
|
(33)
|
(32)
|
(29)
|
(26)
|
(28)
|
(27)
|
(27)
|
(28)
|
(28)
|
(30)
|
(31)
|
(34)
|
(35)
|
(36)
|
(38)
|
(37)
|
(37)
|
(36)
|
(36)
|
(36)
|
(36)
|
(37)
|
(38)
|
(41)
|
(42)
|
(43)
|
(46)
|
(49)
|
(59)
|
(70)
|
(80)
|
(89)
|
(95)
|
(100)
|
(101)
|
(106)
|
(106)
|
(105)
|
(108)
|
|
Research & Development |
(16)
|
(15)
|
(12)
|
(10)
|
(9)
|
(8)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(13)
|
(12)
|
(13)
|
(12)
|
(13)
|
(13)
|
(15)
|
(17)
|
(18)
|
(19)
|
(20)
|
(24)
|
(30)
|
(35)
|
(40)
|
(41)
|
(44)
|
(49)
|
(52)
|
(57)
|
(59)
|
(58)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(1)
N/A
|
(1)
+11%
|
1
N/A
|
2
+166%
|
3
+56%
|
5
+53%
|
5
+5%
|
6
+10%
|
7
+10%
|
6
-8%
|
4
-26%
|
3
-25%
|
2
-34%
|
4
+100%
|
7
+55%
|
3
-50%
|
(0)
N/A
|
(2)
-2 130%
|
(6)
-174%
|
(6)
-1%
|
(11)
-75%
|
(13)
-20%
|
(15)
-15%
|
(17)
-12%
|
(14)
+15%
|
(18)
-24%
|
(28)
-59%
|
(19)
+32%
|
(27)
-43%
|
(32)
-16%
|
(40)
-27%
|
(51)
-27%
|
(54)
-7%
|
(57)
-6%
|
(59)
-3%
|
(64)
-7%
|
(62)
+2%
|
(69)
-10%
|
(73)
-6%
|
(68)
+7%
|
(69)
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(11)
|
(14)
|
(18)
|
(18)
|
(16)
|
(13)
|
(9)
|
(8)
|
(7)
|
(7)
|
(7)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
(8)
|
0
|
(6)
|
(5)
|
7
|
4
|
(10)
|
(11)
|
(15)
|
(12)
|
(0)
|
4
|
10
|
12
|
12
|
9
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
0
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
(0)
|
1
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Pre-Tax Income |
(0)
N/A
|
(0)
+5%
|
1
N/A
|
2
+86%
|
4
+55%
|
5
+40%
|
5
-3%
|
6
+13%
|
6
-6%
|
5
-6%
|
3
-33%
|
2
-35%
|
4
+64%
|
6
+51%
|
8
+47%
|
5
-42%
|
0
-92%
|
(1)
N/A
|
(6)
-309%
|
(5)
+6%
|
(10)
-83%
|
(13)
-28%
|
(16)
-27%
|
(20)
-22%
|
(19)
+4%
|
(33)
-70%
|
(36)
-9%
|
(33)
+6%
|
(40)
-18%
|
(32)
+20%
|
(46)
-45%
|
(74)
-62%
|
(85)
-15%
|
(93)
-9%
|
(89)
+4%
|
(78)
+13%
|
(68)
+13%
|
(68)
+0%
|
(69)
-1%
|
(63)
+8%
|
(68)
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
0
|
(0)
|
(1)
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(1)
|
1
|
2
|
3
|
(13)
|
(14)
|
(14)
|
(10)
|
4
|
4
|
9
|
4
|
4
|
3
|
(2)
|
11
|
11
|
9
|
9
|
(3)
|
(4)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
1
|
(0)
|
1
|
1
|
0
|
1
|
1
|
2
|
4
|
4
|
3
|
2
|
3
|
4
|
6
|
4
|
1
|
0
|
(3)
|
(18)
|
(24)
|
(27)
|
(27)
|
(16)
|
(16)
|
(24)
|
(32)
|
(29)
|
(37)
|
(34)
|
(35)
|
(63)
|
(76)
|
(83)
|
(92)
|
(81)
|
(69)
|
(70)
|
(70)
|
(65)
|
(70)
|
|
Net Income (Common) |
0
N/A
|
(0)
N/A
|
(1)
-242%
|
(1)
-67%
|
(4)
-170%
|
(3)
+18%
|
(2)
+20%
|
(4)
-57%
|
(1)
+76%
|
(0)
+46%
|
(1)
-6%
|
1
N/A
|
2
+21%
|
3
+79%
|
5
+59%
|
3
-40%
|
(3)
N/A
|
(5)
-40%
|
(8)
-69%
|
(23)
-188%
|
(24)
-4%
|
(27)
-12%
|
(27)
+1%
|
(16)
+40%
|
(16)
+2%
|
(24)
-52%
|
(32)
-33%
|
(29)
+7%
|
(37)
-24%
|
(34)
+7%
|
(35)
-3%
|
(63)
-81%
|
(76)
-20%
|
(83)
-10%
|
(92)
-11%
|
(81)
+12%
|
(69)
+15%
|
(70)
0%
|
(70)
-1%
|
(65)
+8%
|
(70)
-8%
|
|
EPS (Diluted) |
0.02
N/A
|
-0.01
N/A
|
-0.05
-400%
|
-0.08
-60%
|
-0.23
-188%
|
-0.19
+17%
|
-0.15
+21%
|
-0.24
-60%
|
-0.05
+79%
|
-0.03
+40%
|
-0.03
N/A
|
0.09
N/A
|
0.11
+22%
|
0.2
+82%
|
0.31
+55%
|
0.19
-39%
|
-0.21
N/A
|
-0.29
-38%
|
-0.49
-69%
|
-1.44
-194%
|
-1.5
-4%
|
-1.67
-11%
|
-1.63
+2%
|
-0.98
+40%
|
-0.96
+2%
|
-1.32
-38%
|
-1.73
-31%
|
-1.61
+7%
|
-1.92
-19%
|
-1.54
+20%
|
-1.36
+12%
|
-2.42
-78%
|
-3.02
-25%
|
-3.08
-2%
|
-3.41
-11%
|
-3.02
+11%
|
-2.55
+16%
|
-2.56
0%
|
-2.59
-1%
|
-2.36
+9%
|
-2.53
-7%
|