Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation May 7, 2026 NYSE: PAR partech.com
Slide 2: Forward-Looking Statements. Industry and Market Data.
Forward-Looking Statements. Industry and Market Data. This presentation contains forward-looking statements made pursuant to the safe harbor provisions of Section Market, industry, and other data included in this presentation are from or based on our own internal good 21E of the Securities Exchange
Slide 3: Our Journey… So Far
Our Journey… So Far (Dollar values represent ARR) Software Renaissance Building a Unified Platform Global Food Service Pure Play Dynastic AI Platform • Acquired PAR POS • Launched PAR Payments • Acquired loyalty provider PAR Retail and • Ship and scale the first • Restructured PAR, new • Acquired lo
Slide 4: Building a Unified Experience
Building a Unified Experience • Unified agentic operating platform offering integrated solutions and sophisticated data insights • Pairs with our state of the art hardware offerings for a complete tech stack • Supported by our comprehensive professional service offerings to drive a positive customer
Slide 5: PAR's Success Will Be Driven by our Flywheel
PAR’s Success Will Be Driven by our Flywheel Land product #1 Established brand and Reinvest to launch or winning market share acquire product #2 Differentiated Platform Scale economics leads to more Happy and sticky customers capital to reinvest in products partech.com 5
Slide 6: Financial Review
Financial Review First Quarter 2026 Highlights partech.com 6
Slide 7: Q1 2026 Highlights
Q1 2026 Highlights 1 11% Organic ARR Growth • Consistent delivery on strong organic ARR growth year-over-year 2 Accelerating Adjusted EBITDA Expansion • Adjusted EBITDA(1) of $8.9 million in Q1 2026, an increase of $4.4 million from Q1 2025 and $1.9 million sequentially from Q4 2025 3 Bridg Acquisit
Slide 8: Q1 2026 Revenue Breakout
Q1 2026 Revenue Breakout Revenue by Offering ARR by Subscription Product Line 23.6% Hardware Operator Cloud Subscription Service 39.9% Engagement Cloud Professional Service 60.1% 63.3% 13.1% partech.com 8
Slide 9: Strong Organic & Inorganic ARR Growth
Strong Organic & Inorganic ARR Growth (#039;000,000) Organic ARR Total ARR 11% 16% Y/Y Growth Y/Y Growth 317.2 315.7 317.2 330.1 283.6 288.2 300.1 283.6 288.2 300.1 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Year-over-year metrics are for the quarter ended 3/31/2026 compared to the qua
Slide 10: Resilient ARR Growth Across Product Lines
Resilient ARR Growth Across Product Lines (#039;000,000) Operator Cloud Engagement Cloud 12% 20% Y/Y Growth Y/Y Growth 186.7 198.3 165.9 168.5 178.0 119.7 122.1 130.5 131.8 117.8 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Year-over-year metrics are for the quarter ended 3/31/2026 compa
Slide 11: Q1 '26 Financials
Q1 '26 Financials Three Months Ended March 31, Consolidated Highlights (in thousands) 2026 2025 Revenues, net: Subscription service $ 78,522 $ 68,410 • 13% increase in gross margin from Q1 2025 Hardware 29,254 21,843 Professional service 16,197 13,606 Total revenues, net 123,973 103,859 • $4.4 milli
Slide 12: Appendix
Appendix partech.com 12
Slide 13: Net Loss to Adjusted EBITDA Reconciliation
Net Loss to Adjusted EBITDA Reconciliation (in thousands) 3 Months Ended Q1 '25 Q1 '26 Net loss $(24,350) $(16,169) Discontinued operations (197) — Net loss from continuing operations (24,547) (16,169) Provision for income taxes 1,281 1,558 Interest expense, net 1,634 1,932 Depreciation and amortiza
Slide 14: Key Performance Indicators
Key Performance Indicators • Annual Recurring Revenue or "ARR” is the annualized revenue from subscription services, including subscription fees for our SaaS solutions and related software support, managed platform development services, and transaction-based payment processing services. We generally
Slide 15: Thank You!
Thank You! partech.com 15