- Adjusted EBITDA improved by $9.9 million year-over-year to $5.5 million, or $6 million excluding non-period deferred contract costs.
- Gross margin increased 59% to $51 million, with subscription services margin stable at 66.4% non-GAAP.
- Hardware revenue increased 33.5% to $27 million, driven by accelerated purchases ahead of tariffs.
- Net loss from continuing operations was $21 million or $0.52 per share, improved from $24 million or $0.69 per share in Q2 2024.
- Non-GAAP net income was approximately $1 million or $0.03 per share, a significant improvement from a non-GAAP net loss of $8 million in prior year.
- Operating expenses increased 26% year-over-year but organic growth in expenses was only 6%, reflecting operating leverage.
- PAR Technology reported Q2 2025 revenues of $112.4 million, a 44% year-over-year increase.
- Subscription services revenue grew 60% to $72 million, representing 64% of total revenue with 21% organic growth.
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Dafinchi