PAR PAR Technology Corporation Common Stock
NYSE · Technology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 6, 2026
$14.25
· of 52w range
· above low
· to high
$11.5952w low
$40.5452w high
Market Cap (MRQ)
$589M
P/E (TTM)
-8.1
EPS (TTM)
$-1.77
Revenue (TTM)
$497M
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52W Range
$12–$41
Analyst Rating
BUY
Price Target
$25
P/E
-8.1
ROE
-8.6%
Net Profit Margin
-14.5%
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PAR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$14.25
Market Cap (MRQ)
$589M
P/E (TTM)
-8.1
EPS (TTM)
$-1.77
Revenue (TTM)
$497M
ROE (TTM)
-8.6%
Debt/Equity (MRQ)
0.5
52W Range
$12–$41
PAR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| Jan. 9, 2006 | 3-for-2 | Forward |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$456M2016-12-31 → 2025-12-31
EPS$-2.092016-12-31 → 2025-12-31
Free Cash Flow$-30M2016-12-31 → 2025-12-31
Net margin-14.5%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | PAR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -8.15Y avg ≈-116.3 | ≈-116.3 | · | · | |
| P/S (TTM) | 1.25Y avg ≈4.7 | ≈4.7 | 2.0 | Undervalued | |
| P/B (MRQ) | 0.75Y avg ≈2.7 | ≈2.7 | 5.2 | Undervalued | |
| EV / EBITDA (TTM) | -72.25Y avg ≈-58.2 | ≈-58.2 | · | · | |
| Price / FCF (TTM) | -37.65Y avg ≈-50.4 | ≈-50.4 | · | · | |
| Price / Cash Flow (TTM) | -46.15Y avg ≈-56.1 | ≈-56.1 | · | · | |
| EV / Revenue (TTM) | 1.95Y avg ≈5.5 | ≈5.5 | · | · | |
| EV / FCF (TTM) | -59.55Y avg ≈-58.8 | ≈-58.8 | · | · | |
| Price / Tangible Book (MRQ) | 1.0 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | PAR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 42.2%5Y avg ≈31.2% | ≈31.2% | 61.3% | Weak | |
| Operating Margin (TTM) | -12.6%5Y avg ≈-17.5% | ≈-17.5% | 1.3% | Weak | |
| EBITDA Margin (TTM) | -2.6%5Y avg ≈-8.9% | ≈-8.9% | 1.3% | Weak | |
| Pretax Margin | -17.9%5Y avg ≈-22.1% | ≈-22.1% | 0.79% | Weak | |
| Net Profit Margin (TTM) | -14.5%5Y avg ≈-16.6% | ≈-16.6% | -0.16% | Weak | |
| ROA (TTM) | -5.2%5Y avg ≈-7.1% | ≈-7.1% | -1.4% | Below avg | |
| ROE (TTM) | -8.6%5Y avg ≈-12.9% | ≈-12.9% | -18.2% | Top tier | |
| ROIC | -5.8%5Y avg ≈-6.8% | ≈-6.8% | 0.24% | Below avg |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | PAR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.55Y avg ≈0.7 | ≈0.7 | 0.1 | High debt | |
| Current Ratio (MRQ) | 2.25Y avg ≈2.8 | ≈2.8 | 1.3 | Strong liquidity | |
| Quick Ratio (MRQ) | 1.55Y avg ≈2.2 | ≈2.2 | 0.8 | Strong liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.55Y avg ≈0.7 | ≈0.7 | 0.5 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | PAR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 30.2%5Y avg ≈17.4% | ≈17.4% | · | · | |
| Revenue CAGR 3Y | 20.2%5Y avg ≈12.2% | ≈12.2% | · | · | |
| Revenue CAGR 5Y | 16.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | PAR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.35Y avg ≈0.4 | ≈0.4 | 0.6 | Weak | |
| Inventory Turnover | 10.45Y avg ≈9.0 | ≈9.0 | · | · | |
| Receivables Turnover | 6.45Y avg ≈6.5 | ≈6.5 | 7.1 | In line | |
| Revenue / Employee | ≈$253.1K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
150.8%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 12, 2026 | $0.18 | $0.12 | 46.5% |
| March 31, 2026 | May 13, 2026 | $0.10 | $0.06 | 74.8% |
| Dec. 31, 2025 | $0.06 | $0.04 | 58.3% | |
| Sept. 30, 2025 | $0.06 | $-0.01 | 516.7% | |
| June 30, 2025 | $0.03 | $0.00 | — | |
| March 31, 2025 | $-0.01 | $-0.02 | 57.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $456M | $350M | $277M | $262M | $283M | $214M | $187M | $201M | $233M | $230M | $229M | $218M | |
| Cost of Revenue | $258M | $204M | $187M | $181M | $221M | $174M | $150M | $164M | $182M | $183M | $184M | $176M | |
| Gross Profit | $198M | $146M | $89M | $82M | $62M | $39M | $37M | $38M | $51M | $46M | $45M | $42M | |
| R&D Expense | $82M | $67M | $58M | $49M | $35M | $19M | $13M | $12M | $12M | $12M | $10M | $9M | |
| SG&A Expense | $123M | $109M | $72M | $70M | $60M | $46M | $38M | $36M | $38M | $31M | $27M | $29M | |
| Operating Expenses | $267M | $225M | $161M | $151M | $116M | $63M | $52M | $48M | $51M | $44M | $38M | $38M | |
| Operating Income | $-69M | $-79M | $-72M | $-69M | $-54M | $-24M | $-14M | $-10M | $-121.0K | $2M | $7M | $3M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | $308.0K | $136.0K | |
| Other Non-op | $-1M | $1M | $-485.0K | $-1M | $-1M | $808.0K | $-449.0K | $683.0K | $629.0K | $1M | $-800.0K | $485.0K | |
| Pretax Income | $-82M | $-95M | $-80M | $-79M | $-85M | $-40M | $-19M | $-10M | $387.0K | $4M | $6M | $4M | |
| Income Tax | $3M | $-5M | $2M | $1M | $-9M | $-3M | $-4M | $14M | $4M | $1M | $2M | $4M | |
| Net Income | $-84M | $-5M | $-70M | $-69M | $-76M | $-37M | $-16M | $-24M | $-3M | $2M | $-891.0K | $-4M | |
| EPS (Basic) | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 | $-1.92 | $-0.96 | $-1.50 | $-0.22 | $0.11 | $-0.06 | $-0.24 | |
| EPS (Diluted) | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 | $-1.92 | $-0.96 | $-1.50 | $-0.22 | $0.11 | $-0.06 | $-0.23 | |
| Shares (Basic) | 40,473,000 | 34,155,000 | 27,552,000 | 27,152,000 | 25,088,000 | 19,014,000 | 16,223,000 | 16,041,000 | 15,949,000 | 15,675,000 | 15,562,000 | 15,501,000 | |
| Shares (Diluted) | 40,473,000 | 34,155,000 | 27,552,000 | 27,152,000 | 25,088,000 | 19,014,000 | 16,223,000 | 16,041,000 | 15,949,000 | 15,738,000 | 15,666,000 | 15,582,000 | |
| EBITDA | $-20M | $-41M | $-32M | $-32M | $-32M | $-9M | $-6M | $-5M | $4M | $7M | $10M | $1M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $80M | $108M | $37M | $70M | $188M | $181M | $28M | $3M | $7M | $9M | $8M | $10M | |
| Short-term Investments | $579.0K | $524.0K | $37M | $40M | $0 | · | · | · | · | · | · | · | |
| Receivables | $82M | $60M | $43M | $60M | $50M | $43M | $42M | $26M | $30M | $31M | $30M | $30M | |
| Inventory | $27M | $22M | $24M | $38M | $35M | $22M | $19M | $23M | $22M | $26M | $21M | $26M | |
| Prepaid Expense | $17M | $12M | · | · | · | · | · | · | · | · | · | · | |
| Other Current Assets | $30M | $14M | $8M | $9M | $10M | $4M | $4M | $3M | $4M | $4M | $3M | $4M | |
| Current Assets | $233M | $218M | $181M | $224M | $283M | $249M | $94M | $56M | $63M | $82M | $70M | $96M | |
| PP&E (Net) | $13M | $14M | $16M | $13M | $14M | $14M | $14M | $13M | $11M | $7M | $6M | $5M | |
| PP&E (Gross) | $50M | $49M | $42M | $38M | $36M | $34M | $32M | $31M | $30M | $25M | $23M | $21M | |
| Accum. Depreciation | $37M | $35M | $27M | $25M | $22M | $20M | $18M | $18M | $20M | $18M | $17M | $16M | |
| Goodwill | $898M | $887M | $489M | $486M | $457M | $41M | $41M | $11M | $11M | $11M | $11M | $11M | |
| Intangibles | $203M | $237M | $94M | $111M | $119M | $33M | $33M | $11M | $12M | $11M | $11M | $11M | |
| Other Non-current Assets | $13M | $16M | $18M | $16M | $11M | $4M | $4M | $5M | $4M | $4M | $4M | $3M | |
| Total Assets | $1.37B | $1.38B | $803M | $855M | $888M | $344M | $190M | $95M | $115M | $125M | $116M | $137M | |
| Accounts Payable | $39M | $35M | $26M | $23M | $21M | $13M | $16M | $13M | $14M | $17M | $12M | $19M | |
| Accrued Liabilities | $12M | $14M | $4M | $7M | $5M | $3M | $3M | $2M | $4M | $5M | $8M | $6M | |
| Current Liabilities | $141M | $112M | $80M | $68M | $61M | $40M | $42M | $41M | $36M | $47M | $39M | $52M | |
| Capital Leases | $6M | $6M | $2M | $3M | $2M | $1M | $1M | · | · | · | · | · | |
| Other Non-current Liabilities | $21M | $21M | $4M | $15M | $7M | $5M | $7M | $3M | $7M | $8M | $9M | $9M | |
| Total Liabilities | $544M | $509M | $470M | $480M | $384M | $155M | $117M | $49M | $46M | $55M | $48M | $68M | |
| Long-term Debt | $394M | $368M | $378M | $389M | $307M | $107M | $63M | $0 | $380.0K | $566.0K | $3M | $6M | |
| Total Debt | $394M | $368M | $378M | $389M | $307M | $107M | $62M | $0 | $380.0K | $566.0K | $3M | $6M | |
| Common Stock | $836.0K | $798.0K | $584.0K | $570.0K | $562.0K | $459.0K | $367.0K | $357.0K | $354.0K | $350.0K | $347.0K | $346.0K | |
| Paid-in Capital | $1.23B | $1.09B | $625M | $595M | $641M | $244M | $94M | $50M | $48M | $46M | $46M | $45M | |
| Retained Earnings | $-364M | $-280M | $-275M | $-205M | $-123M | $-47M | $-10M | $5M | $30M | $32M | $31M | $31M | |
| Treasury Stock | $29M | $22M | $17M | $14M | $11M | $5M | $6M | $6M | $6M | $6M | $6M | $6M | |
| AOCI | $-8M | $-21M | $-939.0K | $-1M | $-4M | $-4M | $-5M | $-4M | $-3M | $-3M | $-3M | $-1M | |
| Stockholders' Equity | $825M | $872M | $333M | $375M | $504M | $188M | $73M | $46M | $69M | $70M | $68M | $70M | |
| Liabilities + Equity | $1.37B | $1.38B | $803M | $855M | $888M | $344M | $190M | $95M | $115M | $125M | $116M | $137M | |
| Shares Outstanding | 40,653,932 | 40,188,000 | 29,386,000 | 28,590,000 | 28,094,000 | 22,983,000 | 18,360,000 | 17,879,000 | 17,677,000 | 17,479,000 | 17,352,000 | 17,275,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $49M | $38M | $27M | $26M | $21M | $10M | $5M | $5M | $4M | $5M | $3M | $2M | |
| Stock-based Comp | $31M | $24M | $14M | $13M | $15M | $4M | $3M | $1M | $651.0K | $469.0K | $487.0K | $1M | |
| Deferred Tax | $321.0K | $-8M | $197.0K | $-372.0K | $-10M | $-3M | $-4M | $14M | $4M | $708.0K | $871.0K | $3M | |
| Amort. of Intangibles | $13M | $8M | $2M | $2M | $2M | $1M | $156.0K | $22.0K | $966.0K | $966.0K | $987.0K | $279.0K | |
| Other Non-cash | $-23M | $-74M | $11M | $-13M | $-3M | $777.0K | $-7M | $695.0K | $-5M | $3M | $-3M | $5M | |
| Operating Cash Flow | $-27M | $-25M | $-17M | $-43M | $-53M | $-20M | $-16M | $-4M | $314.0K | $11M | $594.0K | $6M | |
| CapEx | $3M | $970.0K | $5M | $1M | $1M | $1M | $2M | $4M | $5M | $3M | $2M | $2M | |
| Investing Cash Flow | $-13M | $-180M | $-8M | $-67M | $-383M | $-9M | $-24M | $-7M | $-9M | $-7M | $6M | $-10M | |
| Debt Issued | $111M | $87M | $0 | $0 | $0 | $0 | $10M | $0 | · | · | · | · | |
| Net Debt Issued | $111M | $87M | · | · | $0 | $116M | · | $-380.0K | $-187.0K | $-181.0K | $-173.0K | $-165.0K | |
| Stock Issued | $0 | $194M | $0 | $0 | $215M | $131M | $0 | $0 | · | · | · | · | |
| Stock Repurchased | · | · | · | $3M | $5M | $297.0K | $544.0K | $0 | · | · | · | · | |
| Net Stock Activity | $0 | $194M | $0 | $-3M | $210M | $131M | $-544.0K | · | · | · | · | · | |
| Financing Cash Flow | $12M | $279M | $-2M | $-3M | $444M | $181M | $66M | $7M | $6M | $-2M | $-8M | $5M | |
| Net Change in Cash | $-28M | $74M | $-30M | $-111M | $8M | $153M | $25M | $-3M | $-2M | $1M | $-2M | $152.0K | |
| Taxes Paid | $6M | $2M | $3M | $1M | $0 | $205.0K | $-321.0K | $285.0K | $20.0K | $714.0K | $310.0K | $722.0K | |
| Free Cash Flow | $-30M | $-26M | $-23M | $-44M | $-55M | $-22M | $-19M | $-8M | $-5M | $8M | $-1M | $4M | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | $-1M | $4M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.5% | 41.8% | 23.6% | 25.1% | 22.0% | 18.4% | 20.5% | 19.1% | 22.7% | 20.1% | 20.2% | 22.0% | |
| Operating Margin | -15.1% | -22.6% | -14.4% | -16.3% | -19.1% | -11.2% | -7.0% | -4.9% | -0.05% | 0.96% | 2.9% | -0.95% | |
| Net Margin | -18.5% | -1.4% | -16.8% | -19.5% | -26.8% | -17.1% | -8.3% | -12.0% | -1.5% | 0.78% | -0.39% | -1.6% | |
| Pretax Margin | -17.9% | -27.1% | -16.3% | -19.1% | -30.1% | -18.5% | -10.3% | -5.0% | 0.17% | 1.6% | 2.4% | -0.88% | |
| EBITDA Margin | -4.3% | -11.8% | -7.8% | -9.0% | -11.5% | -4.4% | -3.1% | -2.6% | 1.7% | 3.0% | 4.2% | 0.62% | |
| ROA | -6.1% | -0.46% | -8.4% | -8.0% | -12.3% | -13.7% | -10.9% | -23.1% | -2.8% | 1.5% | -0.71% | -2.9% | |
| ROE | -10.0% | -0.64% | -20.9% | -18.3% | -14.7% | -28.7% | -25.2% | -49.2% | -4.9% | 2.6% | -1.3% | -5.1% | |
| ROIC | -5.8% | -6.1% | -8.6% | -7.7% | -5.9% | -7.5% | -7.9% | -52.1% | 1.6% | 2.2% | 6.8% | -5.2% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.7 | 1.9 | 2.3 | 3.3 | 4.7 | 6.2 | 2.2 | 1.4 | 1.6 | 1.8 | 1.8 | 1.4 | |
| Quick Ratio | 1.1 | 1.5 | 1.7 | 2.5 | 3.9 | 5.6 | 1.7 | 0.7 | 1.0 | 0.8 | 1.0 | 0.7 | |
| Debt / Equity | 0.5 | 0.4 | 1.1 | 1.0 | 0.6 | 0.6 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | |
| LT Debt / Equity | 0.5 | 0.4 | 1.1 | 1.0 | 0.6 | 0.6 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | 21.5 | -16.3 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.5 | 0.4 | 0.5 | 0.8 | 1.3 | 1.9 | 1.9 | 1.9 | 1.8 | 1.8 | |
| Inventory Turnover | 10.4 | 9.0 | 10.4 | 7.3 | 7.8 | 8.5 | 7.1 | 7.3 | 7.5 | 7.7 | 7.7 | 7.2 | |
| Receivables Turnover | 6.4 | 6.8 | 6.7 | 6.5 | 6.1 | 5.0 | 5.5 | 7.1 | 7.7 | 7.6 | 7.7 | 7.5 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $20.30 | $22.51 | $11.88 | $13.73 | $18.73 | $8.60 | $4.38 | $2.84 | $4.32 | $4.41 | $4.35 | $4.47 | |
| Revenue / Share | $11.26 | $10.25 | $15.09 | $13.10 | $11.28 | $11.24 | $11.54 | $12.55 | $14.58 | $14.59 | $14.62 | $15.07 | |
| Cash Flow / Share | $-0.67 | $-0.74 | $-0.62 | $-1.59 | $-2.12 | $-1.06 | $-0.99 | $-0.24 | $0.02 | $0.70 | $0.04 | $0.40 | |
| Cash / Share | $1.96 | $2.79 | $1.33 | $2.57 | $7.00 | $8.24 | $1.69 | $0.22 | $0.41 | $0.57 | $0.51 | $0.65 | |
| EPS (TTM) | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 | $-1.92 | $-0.96 | $-1.50 | $-0.22 | $0.11 | $-0.06 | $-0.23 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 30.2% | 26.5% | 5.5% | -7.3% | 32.3% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 20.2% | 7.3% | 9.0% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 16.3% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $456M | $350M | $277M | $262M | $283M | $214M | $187M | $201M | $233M | $230M | $229M | $218M | |
| Net Income TTM | $-84M | $-5M | $-70M | $-69M | $-76M | $-37M | $-16M | $-24M | $-3M | $2M | $-891.0K | $-4M | |
| Market Cap | $1.47B | $2.81B | $1.22B | $712M | $1.42B | $1.38B | $511M | $352M | $149M | $88M | $105M | $96M | |
| Enterprise Value | $1.79B | $3.07B | $1.52B | $991M | $1.54B | $1.30B | $546M | $348M | $143M | $80M | $100M | $91M | |
| P/E | -17.4 | -519.1 | -17.2 | -10.2 | -17.5 | -32.7 | -32.0 | -14.5 | -42.5 | 50.7 | -112.2 | -26.7 | |
| P/S | 3.2 | 8.0 | 4.4 | 2.7 | 5.0 | 6.4 | 2.7 | 1.7 | 0.6 | 0.4 | 0.5 | 0.4 | |
| P/B | 1.8 | 3.2 | 3.7 | 1.9 | 2.8 | 7.3 | 7.0 | 7.7 | 2.2 | 1.3 | 1.5 | 1.4 | |
| P / Tangible Book | · | · | · | · | · | 12.1 | · | · | · | · | · | · | |
| P / Cash Flow | -54.3 | -111.4 | -71.5 | -16.5 | -26.7 | -68.0 | -31.7 | -91.4 | 475.5 | 8.0 | 177.3 | 15.3 | |
| P / FCF | -48.4 | -107.3 | -54.0 | -16.1 | -26.0 | -63.9 | -27.5 | -45.1 | -31.4 | 11.6 | -94.8 | 23.1 | |
| EV / EBITDA | -90.6 | -74.6 | -47.3 | -31.0 | -47.4 | -137.1 | -92.8 | -67.4 | 36.6 | 11.6 | 10.3 | 62.9 | |
| EV / FCF | -58.7 | -117.2 | -67.4 | -22.4 | -28.2 | -60.4 | -29.3 | -44.7 | -30.1 | 10.5 | -89.9 | 22.0 | |
| EV / Revenue | 3.9 | 8.8 | 5.5 | 3.8 | 5.4 | 6.1 | 2.9 | 1.7 | 0.6 | 0.3 | 0.4 | 0.4 | |
| Earnings Yield | -5.8% | -0.19% | -5.8% | -9.8% | -5.7% | -3.1% | -3.1% | -6.9% | -2.4% | 2.0% | -0.89% | -3.7% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133M | $124M | $120M | $119M | $112M | $104M | $105M | $97M | $78M | $70M | $38M | $69M | $70M | $100M | $4M | $93M | |
| Cost of Revenue | $77M | $69M | $71M | $70M | $61M | $56M | $60M | $54M | $46M | $44M | $16M | $44M | $50M | $77M | $-14M | $71M | |
| Gross Profit | $57M | $55M | $49M | $49M | $51M | $48M | $45M | $43M | $32M | $26M | $22M | $25M | $19M | $23M | $19M | $21M | |
| R&D Expense | $23M | $22M | $22M | $19M | $21M | $20M | $17M | $18M | $16M | $16M | $14M | $15M | $15M | $14M | $15M | $13M | |
| SG&A Expense | $26M | $31M | $30M | $32M | $32M | $29M | $31M | $27M | $25M | $25M | $20M | $18M | $16M | $18M | $-6M | $27M | |
| Operating Expenses | $69M | $68M | $68M | $67M | $68M | $64M | $61M | $58M | $53M | $53M | $43M | $42M | $39M | $37M | $40M | $40M | |
| Operating Income | $-13M | $-14M | $-18M | $-18M | $-17M | $-16M | $-16M | $-15M | $-21M | $-27M | $-21M | $-17M | $-20M | $-14M | $-22M | $-18M | |
| Other Non-op | $774.0K | $827.0K | $-310.0K | $664.0K | $-1M | $-91.0K | $3M | $-1M | $-610.0K | $300.0K | $-319.0K | $-262.0K | $155.0K | $-59.0K | $-264.0K | $-179.0K | |
| Pretax Income | · | · | · | · | · | · | · | · | · | $-26M | $-30M | $-15M | $-19M | $-16M | $-24M | $-21M | |
| Income Tax | $1M | $2M | $975.0K | $-277.0K | $944.0K | $1M | $2M | $653.0K | $612.0K | $-8M | $975.0K | $175.0K | $383.0K | $315.0K | $505.0K | $578.0K | |
| Net Income | $-17M | $-16M | $-21M | $-18M | $-21M | $-24M | $-21M | $-20M | $54M | $-18M | $-19M | $-16M | $-20M | $-16M | $-13M | $-21M | |
| EPS (Basic) | $-0.41 | $-0.39 | $-0.52 | $-0.45 | $-0.52 | $-0.60 | $-0.56 | $-0.56 | $1.60 | $-0.62 | $-0.67 | $-0.56 | $-0.72 | $-0.58 | $-0.48 | $-0.79 | |
| EPS (Diluted) | $-0.41 | $-0.39 | $-0.52 | $-0.45 | $-0.52 | $-0.60 | $-0.56 | $-0.56 | $1.60 | $-0.62 | $-0.67 | $-0.56 | $-0.72 | $-0.58 | $-0.48 | $-0.79 | |
| Shares (Basic) | 41,281,000 | 40,997,000 | · | 40,582,000 | 40,520,000 | 40,174,000 | · | 35,865,000 | 34,015,000 | 29,516,000 | · | 27,472,000 | 27,357,000 | 27,344,000 | · | 27,110,000 | |
| Shares (Diluted) | 41,281,000 | 40,997,000 | · | 40,582,000 | 40,520,000 | 40,174,000 | · | 35,865,000 | 34,015,000 | 29,516,000 | · | 27,472,000 | 27,357,000 | 27,344,000 | · | 27,110,000 | |
| EBITDA | $-13M | $-2M | · | $-18M | $-17M | $-4M | · | $-15M | $-21M | $-17M | · | $-13M | $-18M | $-7M | · | $-18M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $77M | $77M | $80M | $92M | $85M | $92M | $108M | $106M | $115M | $51M | · | $43M | $44M | $49M | · | $90M | |
| Short-term Investments | $569.0K | $575.0K | $579.0K | $541.0K | $567.0K | $531.0K | $524.0K | $13M | $28M | $22M | · | $37M | $41M | $41M | · | $40M | |
| Receivables | $76M | $88M | $82M | $71M | $72M | $70M | $60M | $60M | $50M | $70M | · | $66M | $63M | $66M | · | $55M | |
| Inventory | $34M | $31M | $27M | $25M | $27M | $23M | $22M | $24M | $26M | $25M | · | $24M | $27M | $32M | · | $40M | |
| Prepaid Expense | $17M | $19M | $17M | $16M | · | · | $12M | · | · | · | · | · | · | · | · | · | |
| Other Current Assets | $30M | $30M | $30M | $24M | $16M | $16M | $14M | $15M | $9M | $14M | · | $10M | $9M | $11M | · | $9M | |
| Current Assets | $232M | $240M | $233M | $227M | $219M | $220M | $218M | $233M | $247M | $194M | · | $189M | $193M | $207M | · | $233M | |
| PP&E (Net) | $12M | $13M | $13M | $14M | $13M | $14M | $14M | $15M | $14M | $15M | · | $16M | $15M | $13M | · | $13M | |
| PP&E (Gross) | · | · | $50M | · | · | · | $49M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $37M | · | · | · | $35M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $895M | $897M | $898M | $898M | $906M | $890M | $887M | $803M | $624M | $620M | $489M | $487M | $488M | $487M | $486M | $485M | |
| Intangibles | $205M | $220M | $203M | $217M | $229M | $234M | $237M | $226M | $148M | $158M | · | $97M | $102M | $106M | · | $116M | |
| Other Non-current Assets | $17M | $12M | $13M | $13M | $16M | $16M | $16M | $15M | $18M | $18M | · | $16M | $15M | $15M | · | $15M | |
| Total Assets | $1.37B | $1.39B | $1.37B | $1.38B | $1.39B | $1.38B | $1.38B | $1.30B | $1.06B | $1.01B | · | $809M | $816M | $832M | · | $865M | |
| Accounts Payable | $37M | $37M | $39M | $32M | $39M | $32M | $35M | $35M | $31M | $40M | · | $27M | $27M | $28M | · | $25M | |
| Accrued Liabilities | $11M | $11M | $12M | $11M | $8M | $11M | $14M | $8M | $4M | $11M | · | $11M | $6M | $8M | · | $5M | |
| Current Liabilities | $105M | $114M | $141M | $134M | $129M | $108M | $112M | $109M | $79M | $94M | · | $87M | $84M | $65M | · | $66M | |
| Capital Leases | $7M | $7M | $6M | $7M | $5M | $6M | $6M | $6M | $4M | $3M | · | · | · | · | · | · | |
| Other Non-current Liabilities | $20M | $20M | $21M | $23M | $24M | $23M | $21M | $23M | $4M | $5M | · | $5M | $7M | $9M | · | $20M | |
| Total Liabilities | $556M | $565M | $544M | $539M | $533M | $530M | $509M | $607M | $468M | $483M | · | $476M | $474M | $472M | · | $482M | |
| Long-term Debt | $422M | $425M | $394M | $393M | $393M | $392M | $368M | $467M | $379M | $378M | · | $391M | $390M | $399M | · | $399M | |
| Total Debt | $422M | $425M | · | $393M | $393M | $392M | · | $467M | $379M | $378M | · | $391M | $390M | $390M | · | $389M | |
| Common Stock | $851.0K | $848.0K | $836.0K | $835.0K | $835.0K | $833.0K | $798.0K | $749.0K | $705.0K | $703.0K | · | $574.0K | $572.0K | $572.0K | · | $569.0K | |
| Paid-in Capital | $1.25B | $1.25B | $1.23B | $1.22B | $1.21B | $1.20B | $1.09B | $973M | $852M | $844M | · | $607M | $602M | $598M | · | $592M | |
| Retained Earnings | $-397M | $-381M | $-364M | $-344M | $-325M | $-304M | $-280M | $-259M | $-239M | $-293M | · | $-256M | $-241M | $-221M | · | $-192M | |
| Treasury Stock | $29M | $29M | $29M | $29M | $29M | $29M | $22M | $22M | $22M | $22M | · | $17M | $17M | $17M | · | $14M | |
| AOCI | $-14M | $-11M | $-8M | $-8M | $3M | $-17M | $-21M | $-118.0K | $-4M | $-4M | · | $-2M | $-3M | $-1M | · | $-4M | |
| Stockholders' Equity | $814M | $826M | $825M | $838M | $859M | $852M | $872M | $693M | $588M | $526M | $333M | $333M | $342M | $360M | $375M | $383M | |
| Liabilities + Equity | $1.37B | $1.39B | $1.37B | $1.38B | $1.39B | $1.38B | $1.38B | $1.30B | $1.06B | $1.01B | · | $809M | $816M | $832M | · | $865M | |
| Shares Outstanding | 41,362,708 | 41,246,199 | 40,653,932 | 40,591,032 | 40,580,687 | 40,494,785 | 38,717,366 | 36,303,459 | 34,104,235 | 33,973,906 | 29,386,000 | 27,520,284 | 27,443,072 | 27,404,944 | 28,590,000 | 27,283,410 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $13M | $12M | $12M | $12M | $12M | $12M | $11M | $11M | $9M | $7M | $7M | $6M | $7M | $7M | $6M | $7M | |
| Stock-based Comp | $7M | $7M | $8M | $8M | $8M | $7M | $8M | $6M | $6M | $4M | $4M | $4M | $4M | $3M | $3M | $3M | |
| Amort. of Intangibles | $4M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $932.0K | $465.0K | $464.0K | $465.0K | $464.0K | $464.0K | $465.0K | |
| Other Non-cash | · | $-20M | · | · | · | $-12M | · | · | · | $-17M | · | · | · | $-11M | · | · | |
| Operating Cash Flow | $7M | $-17M | $-12M | $8M | $-7M | $-17M | $3M | $9M | $-14M | $-24M | $1M | $-6M | $4M | $-17M | $-9M | $-2M | |
| CapEx | $456.0K | $321.0K | $782.0K | $1M | $782.0K | $413.0K | $179.0K | $384.0K | $362.0K | $45.0K | $368.0K | $1M | $2M | $823.0K | $351.0K | $308.0K | |
| Investing Cash Flow | $-4M | $-3M | $-2M | $-3M | $-2M | $-6M | $-2M | $-105M | $79M | $-152M | $-3M | $1M | $-4M | $-2M | $-2M | $-59M | |
| Debt Issued | $0 | $257M | $0 | $0 | $0 | $111M | $0 | $87M | $0 | $0 | $0 | · | · | · | $0 | $0 | |
| Net Debt Issued | · | $257M | · | · | · | $111M | · | · | · | · | · | · | · | · | · | · | |
| Stock Issued | · | · | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $194M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Stock Repurchased | $0 | $33M | · | · | $0 | $0 | · | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | · | $-33M | · | · | · | $0 | · | · | · | $194M | · | · | · | · | · | · | |
| Financing Cash Flow | $-2M | $18M | $759.0K | $70.0K | $705.0K | $11M | $-810.0K | $88M | $746.0K | $191M | $215.0K | $650.0K | $-55.0K | $-2M | $-599.0K | $-190.0K | |
| Net Change in Cash | $722.0K | $-3M | $-13M | $4M | $-7M | $-12M | $475.0K | $-8M | $65M | $16M | $-4M | $-1M | $-3M | $-21M | $-12M | $-61M | |
| Taxes Paid | $1M | $3M | $898.0K | $316.0K | $2M | $2M | $780.0K | $751.0K | $452.0K | $340.0K | $831.0K | $2M | $18.0K | $507.0K | $625.0K | $660.0K | |
| Free Cash Flow | · | $-17M | · | · | · | $-18M | · | · | · | $-24M | · | · | · | $-18M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.4% | 44.0% | · | 41.3% | 45.4% | 46.6% | · | 44.5% | 41.0% | 27.1% | · | 26.3% | 20.4% | 23.1% | · | 23.1% | |
| Operating Margin | -9.7% | -11.2% | · | -14.8% | -15.4% | -15.2% | · | -15.7% | -26.5% | -23.4% | · | -12.3% | -17.6% | -13.8% | · | -19.9% | |
| Net Margin | -12.7% | -13.0% | · | -15.2% | -18.7% | -23.4% | · | -20.5% | 69.3% | -17.3% | · | -14.5% | -19.6% | -15.8% | · | -23.0% | |
| Pretax Margin | · | · | · | · | · | · | · | · | · | -24.7% | · | -14.3% | -19.2% | -15.5% | · | -22.4% | |
| EBITDA Margin | -9.7% | -1.5% | · | -14.8% | -15.4% | -3.7% | · | -15.7% | -26.5% | -16.5% | · | -12.3% | -17.6% | -6.9% | · | -19.9% | |
| ROA | -1.2% | -1.2% | · | -1.4% | -1.7% | -2.0% | · | -1.9% | 5.8% | -2.0% | · | -1.8% | -2.4% | -1.9% | · | -2.4% | |
| ROE | -2.0% | -1.9% | · | -2.4% | -2.9% | -3.5% | · | -3.9% | 11.7% | -4.1% | · | -4.3% | -5.3% | -4.1% | · | -4.7% | |
| ROIC | · | · | · | · | · | · | · | · | · | -1.9% | · | -1.8% | -2.5% | -1.9% | · | -2.5% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.2 | 2.1 | · | 1.7 | 1.7 | 2.0 | · | 2.1 | 3.1 | 2.1 | · | 2.2 | 2.3 | 3.2 | · | 3.5 | |
| Quick Ratio | 1.5 | 1.5 | · | 1.2 | 1.2 | 1.5 | · | 1.6 | 2.4 | 1.5 | · | 1.7 | 1.8 | 2.4 | · | 2.8 | |
| Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.7 | 0.6 | 0.7 | · | 1.2 | 1.1 | 1.1 | · | 1.0 | |
| LT Debt / Equity | 0.5 | 0.5 | · | 0.4 | 0.4 | 0.5 | · | 0.7 | 0.6 | 0.7 | · | 1.1 | 1.1 | 1.1 | · | 1.0 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | 2.5 | 2.6 | · | 2.8 | 2.3 | 2.3 | · | 2.2 | 1.8 | 2.7 | · | 2.5 | 2.3 | 2.1 | · | 1.9 | |
| Receivables Turnover | 1.8 | 1.6 | · | 1.8 | 1.8 | 1.5 | · | 1.5 | 1.4 | 1.5 | · | 1.8 | 1.6 | 1.7 | · | 1.8 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $19.67 | $20.04 | · | $20.65 | $21.17 | $21.04 | · | $19.08 | $17.25 | $15.49 | · | $12.09 | $12.47 | $13.13 | · | $14.04 | |
| Revenue / Share | $3.23 | $3.02 | · | $2.94 | $2.77 | $2.59 | · | $2.70 | $2.30 | $3.57 | · | $3.90 | $3.68 | $3.67 | · | $3.42 | |
| Cash Flow / Share | · | $-0.41 | · | · | · | $-0.43 | · | · | · | $-0.80 | · | · | · | $-0.61 | · | · | |
| Cash / Share | $1.87 | $1.87 | · | $2.28 | $2.10 | $2.26 | · | $2.91 | $3.37 | $1.49 | · | $1.57 | $1.61 | $1.78 | · | $3.28 | |
| EPS (TTM) | $-1.77 | $-1.88 | · | $-2.13 | $-2.24 | $-0.12 | · | $-0.25 | $-0.25 | $-2.57 | · | $-2.34 | $-2.57 | $-2.55 | · | $-3.09 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $497M | $476M | · | $440M | $418M | $384M | · | $283M | $255M | $246M | · | $243M | $267M | $282M | · | $340M | |
| Net Income TTM | $-72M | $-76M | · | $-85M | $-86M | $-11M | · | $-3M | $2M | $-72M | · | $-65M | $-70M | $-70M | · | $-81M | |
| Market Cap | $721M | $550M | · | $1.61B | $2.82B | $2.48B | · | $1.89B | $1.61B | $1.54B | · | $1.06B | $904M | $931M | · | $806M | |
| Enterprise Value | $1.06B | $897M | · | $1.91B | $3.12B | $2.78B | · | $2.24B | $1.84B | $1.85B | · | $1.37B | $1.21B | $1.23B | · | $1.07B | |
| P/E | -9.8 | -7.1 | · | -18.6 | -31.0 | -511.2 | · | -208.3 | -188.4 | -17.6 | · | -16.5 | -12.8 | -13.3 | · | -9.6 | |
| P/S | 1.5 | 1.2 | · | 3.6 | 6.7 | 6.5 | · | 6.7 | 6.3 | 6.3 | · | 4.4 | 3.4 | 3.3 | · | 2.4 | |
| P/B | 0.9 | 0.7 | · | 1.9 | 3.3 | 2.9 | · | 2.7 | 2.7 | 2.9 | · | 3.2 | 2.6 | 2.6 | · | 2.1 | |
| P / Cash Flow | · | -33.0 | · | · | · | -144.7 | · | · | · | -65.4 | · | · | · | -55.6 | · | · | |
| EV / Revenue | 2.1 | 1.9 | · | 4.3 | 7.5 | 7.3 | · | 7.9 | 7.2 | 7.5 | · | 5.6 | 4.5 | 4.4 | · | 3.1 | |
| Earnings Yield | -10.2% | -14.1% | · | -5.4% | -3.2% | -0.20% | · | -0.48% | -0.53% | -5.7% | · | -6.1% | -7.8% | -7.5% | · | -10.5% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $456M | $350M | $277M | $262M | $283M |
| Gross Margin % | 43.5% | 41.8% | 23.6% | 25.1% | 22.0% |
| Operating Margin % | -15.1% | -22.6% | -14.4% | -16.3% | -19.1% |
| Net Income | $-84M | $-5M | $-70M | $-69M | $-76M |
| Diluted EPS | $-2.09 | $-0.14 | $-2.53 | $-2.55 | $-3.02 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.4 | 1.1 | 1.0 | 0.6 |
| Current Ratio | 1.7 | 1.9 | 2.3 | 3.3 | 4.7 |
| Quick Ratio | 1.1 | 1.5 | 1.7 | 2.5 | 3.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-30M | $-26M | $-23M | $-44M | $-55M |
Institutional owners (13F) 244 filers · $1.0B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
244
Value held
$1.0B
New positions
40
Exited positions
32
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 40 (-26 vs prior Q) | 32 (-18 vs prior Q) | 92 (+12 vs prior Q) | 61 (+11 vs prior Q) | -1.9M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $119,871,007 | 3,304,052 | 11.55% | Shares |
| Voss Capital, LP | $103,213,500 | 5,925,000 | 9.95% | Shares |
| BlackRock, Inc. | $70,562,584 | 4,050,665 | 6.80% | Shares |
| Newtyn Management, LLC | $42,134,695 | 2,418,754 | 4.06% | Shares |
| Progeny 3, Inc. | $37,001,090 | 2,124,058 | 3.57% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $30,824,655 | 1,769,498 | 2.97% | Shares |
| Rovida Advisors Inc. | $29,677,500 | 750,000 | 2.86% | Shares |
| MARSHALL WACE, LLP | $26,593,371 | 1,526,600 | 2.56% | Shares |
| Greenstone Partners, L.P. | $25,268,901 | 638,426 | 2.44% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $20,774,151 | 1,192,546 | 2.00% | Shares |
| STATE STREET CORP | $20,721,386 | 1,189,517 | 2.00% | Shares |
| CITADEL ADVISORS LLC | $18,851,924 | 1,082,200 | 1.82% | Call option |
| GEODE CAPITAL MANAGEMENT, LLC | $18,572,245 | 1,065,952 | 1.79% | Shares |
| Capital Research Global Investors | $17,904,067 | 1,027,788 | 1.73% | Shares |
| Balyasny Asset Management L.P. | $16,830,490 | 966,159 | 1.62% | Shares |
| GOLDMAN SACHS GROUP INC | $16,605,911 | 953,267 | 1.60% | Shares |
| FEDERATED HERMES, INC. | $15,472,583 | 888,208 | 1.49% | Shares |
| BROOKTREE CAPITAL MANAGEMENT | $15,224,906 | 873,990 | 1.47% | Shares |
| AXA Investment Managers S.A. | $15,111,169 | 381,788 | 1.46% | Shares |
| Greenhaven Road Investment Management, L.P. | $14,247,609 | 817,888 | 1.37% | Shares |
| Samjo Management, LLC | $14,223,517 | 816,505 | 1.37% | Shares |
| PenderFund Capital Management Ltd. | $14,153,088 | 812,462 | 1.36% | Shares |
| FMR LLC | $12,982,004 | 745,236 | 1.25% | Shares |
| D. E. Shaw & Co., Inc. | $12,978,179 | 745,016 | 1.25% | Shares |
| Bandera Partners LLC | $12,194,000 | 700,000 | 1.18% | Shares |
| JANE STREET GROUP, LLC | $11,801,214 | 677,452 | 1.14% | Shares |
| ADW Capital Management, LLC | $10,616,253 | 609,429 | 1.02% | Shares |
| MORGAN STANLEY | $9,572,356 | 549,502 | 0.92% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $9,138,950 | 524,624 | 0.88% | Shares |
| Buckley Capital Advisors, LLC | $8,965,360 | 514,659 | 0.86% | Shares |
| Stephens Investment Management Group LLC | $8,418,407 | 483,261 | 0.81% | Shares |
| JANE STREET GROUP, LLC | $8,009,716 | 459,800 | 0.77% | Call option |
| AYAL Capital Advisors Ltd | $7,839,000 | 450,000 | 0.76% | Shares |
| TWO SIGMA INVESTMENTS, LP | $7,342,373 | 421,491 | 0.71% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $7,113,962 | 408,379 | 0.69% | Shares |
| UBS Group AG | $7,070,988 | 405,912 | 0.68% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $6,884,384 | 395,200 | 0.66% | Call option |
| Visionary Wealth Advisors | $6,844,440 | 392,907 | 0.66% | Shares |
| NORTHERN TRUST CORP | $6,661,060 | 382,380 | 0.64% | Shares |
| MILLENNIUM MANAGEMENT LLC | $6,604,218 | 379,117 | 0.64% | Shares |
| RICE HALL JAMES & ASSOCIATES, LLC | $6,600,961 | 378,930 | 0.64% | Shares |
| WITTENBERG INVESTMENT MANAGEMENT, INC. | $6,392,182 | 366,945 | 0.62% | Shares |
| CITADEL ADVISORS LLC | $6,386,172 | 366,600 | 0.62% | Put option |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $6,190,389 | 355,361 | 0.60% | Shares |
| Redmond Asset Management, LLC | $5,776,141 | 331,581 | 0.56% | Shares |
| Nuveen, LLC | $5,485,036 | 314,870 | 0.53% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $5,364,332 | 307,941 | 0.52% | Shares |
| BANK OF AMERICA CORP /DE/ | $5,180,673 | 297,398 | 0.50% | Shares |
| Parallax Volatility Advisers, L.P. | $5,138,900 | 295,000 | 0.50% | Put option |
| RENAISSANCE TECHNOLOGIES LLC | $4,999,540 | 287,000 | 0.48% | Shares |
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Voss Value Master Fund, LP, Voss Value-Oriented Special Situations Fund, LP, Voss Advisors GP, LLC, Voss Capital, LP, Cocke Travis W. ×4 filings | May 18, 2026 | 14.30% | Amendment | · | SEC |
| ADW Capital Partners, L.P., Adam D. Wyden, ADW Capital Management, LLC ×2 filings | Feb. 11, 2019 | · | Initial filing | Passive investment | SEC |
| THE ABOVE PAR COMMITTEE, VOSS CAPITAL, LLC, TRAVIS W. COCKE, BRASADA CAPITAL MANAGEMENT LP, GABE BIRDSALL, JONATHAN REICHEK, BROADVIEW DARK HORSE LP, EWING MORRIS & CO’S INVESTMENT PARTNERS LTD., MATT IRWIN ×2 filings | April 16, 2018 | · | Initial filing | Board campaign | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 39 insiders · 18 officers · 14 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Savneet Singh | CEO & President | May 11, 2026 A | 444,473 | 0 | 3 | $-1,397,869 |
| Donald H Foley | President & CEO | Aug. 13, 2018 A | 51,930 | 0 | 0 | $0 |
| Bryan A Menar | Chief Financial Officer | May 11, 2026 A | 142,809 | 0 | 3 | $-376,059 |
| Michael S. Bartusek | VP & CFO | Aug. 10, 2015 A | · | 0 | 0 | $0 |
| Oliver Ostertag | President, Growth & AI | Aug. 14, 2026 S | 113,894 | 0 | 1 | $-221,794 |
| Michael David Nelson | President of Subsidiary | March 1, 2024 F | 5,593 | 0 | 0 | $0 |
| Matthew R Cicchinelli | President of Subsidiary | April 9, 2021 M | 21,476 | 0 | 0 | $0 |
| Karen E Sammon | President, ParTech, Inc. | March 15, 2017 D | 637,651 | 0 | 0 | $0 |
| Stephen P. Lynch | President, PGSC | Aug. 10, 2015 A | 18,100 | 0 | 0 | $0 |
| Edwin A Soladay | President, PTI | Jan. 2, 2009 A | · | 0 | 0 | $0 |
| Robert Phelps Jerabeck | EVP & Chief Operating Officer | Dec. 2, 2014 S | 27,950 | 0 | 0 | $0 |
| Elizabeth M Codner | Chief Human Resources Officer | Sept. 8, 2026 S | 30,789 | 0 | 1 | $-12,596 |
| Michael Anthony Steenberge | SVP Finance & Transformation | June 3, 2026 S | 52,240 | 0 | 3 | $-58,667 |
| Cathy A King | CLO & Corporate Secretary | June 2, 2026 M | 122,919 | 0 | 3 | $-442,162 |
| Raju Malhotra | CHF PRODUCT & TECH OFFICER | March 3, 2023 A | 74,869 | 0 | 0 | $0 |
| Matthew J Trinkaus | Chief Accounting Officer | May 5, 2016 A | · | 0 | 0 | $0 |
| Steven Malone | VP, Controller, CAO | Jan. 9, 2014 A | 13,900 | 0 | 0 | $0 |
| Charles A Constantino | Exec. VP | June 3, 2010 S | 240,950 | 0 | 0 | $0 |
| Narinder Singh | Director | Aug. 12, 2026 P | 38,527 | 1 | 0 | $199,952 |
| Keith Pascal | Director | June 12, 2026 P | 41,749 | 1 | 0 | $197,080 |
| Douglas Gregory Rauch | Director | June 8, 2026 A | 25,980 | 0 | 0 | $0 |
| Linda M. Crawford | Director | June 8, 2026 A | 19,600 | 0 | 0 | $0 |
| Cynthia A Russo | Director | June 8, 2026 A | 62,940 | 0 | 0 | $0 |
| James C Stoffel | Director | June 8, 2026 A | 42,680 | 0 | 0 | $0 |
| John W Sammon JR | Director | Nov. 4, 2020 S | 0 | 0 | 0 | $0 |
| Todd E Tyler | Director | Nov. 16, 2017 A | 29,760 | 0 | 0 | $0 |
| Paul Eurek | Director | Nov. 16, 2017 A | 29,760 | 0 | 0 | $0 |
| John Stephen Barsanti | Director | Nov. 17, 2014 P | 8,175 | 0 | 0 | $0 |
| Sangwoo Ahn | Director | May 16, 2013 M | 122,500 | 0 | 0 | $0 |
| Sammon Family Limited Partnership | 10% owner | Dec. 5, 2019 J | 862,096 | 0 | 0 | $0 |
| J. W. Sammon Corp. | 10% owner | Dec. 5, 2019 J | 12,000 | 0 | 0 | $0 |
| Ronald J Casciano | · | March 15, 2017 D | 138,742 | 0 | 0 | $0 |
| James A Simms | · | June 16, 2014 S | 38,221 | 0 | 0 | $0 |
| Kevin R Jost | · | May 28, 2014 S | 7,500 | 0 | 0 | $0 |
| Paul B Domorski | · | April 23, 2012 A | 54,000 | 0 | 0 | $0 |
| Paul D Nielsen | · | March 20, 2012 A | 37,000 | 0 | 0 | $0 |
| Gregory T Cortese | · | Aug. 10, 2010 M | 68,100 | 0 | 0 | $0 |
| Albert Lane | · | Feb. 22, 2008 M | 38,727 | 0 | 0 | $0 |
| Whitney J Haney | · | April 24, 2006 M | 28,500 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 17 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ESML · iShares Trust | 0.06% | 95,064 SH | Sept. 11, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.05% | 36,517 SH | Aug. 19, 2026 | Daily |
| NUSC · Nushares ETF Trust | 0.04% | 33,362 NS | July 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.04% | 77,365 SH | Oct. 2, 2026 | Daily |
| IWM · iShares Trust | 0.02% | 1,066,094 SH | Sept. 11, 2026 | Daily |
| RSSL · Global X Funds | 0.02% | 20,030 NS | July 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 241,444 SH | Aug. 19, 2026 | Daily |
| FTEC · FIDELITY COVINGTON TRUST | 0.01% | 124,920 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 474,477 SH | Aug. 19, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | 0.01% | 911,449 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 2,381 SH | Sept. 11, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.00% | 11,420 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 57,965 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 10,302 SH | Sept. 9, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,255,388 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 3,136 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | · | 388,310 SH | Sept. 11, 2026 | Daily |
PAR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 13 analysts
BUY
Median target
$26.50
+86.0%
4 30.8%
Strong Buy
6 46.2%
Buy
3 23.1%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
8 analysts · 2026-10-01Mean target $25.31 +77.6%
← Below all targets
Current price $14.25
Low$18.00
Mean$25.31
High$33.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PAR | $1.47B | -17.4 | 30.2% | -18.5% | -10.0% | 43.5% |
| MITK | $446M | 51.4 | 4.4% | 4.9% | 3.8% | · |
| CD | · | · | · | · | · | · |
| CCSI | $414M | 5.0 | -0.20% | 24.2% | -1330.5% | 79.8% |
| ABTC | · | -10.0 | 158.8% | -82.7% | -30.5% | · |
| SPT | · | -15.2 | 12.7% | -9.5% | -22.3% | 77.6% |
| BTBT | $613M | -6.1 | 5.1% | -70.7% | -14.1% | · |
| OOMA | $322M | 51.1 | 6.5% | 2.4% | 7.1% | 61.1% |
| ALOY | · | · | -5.3% | -182.1% | -95.8% | 48.0% |
| YEXT | $880M | 102.3 | 6.1% | 8.5% | 24.3% | 74.5% |
| WEAV | $595M | -20.5 | 17.0% | -11.7% | -34.8% | 72.1% |
Latest News Recent headlines mentioning this company
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Source: SEC 10-Q filed Aug 6, 2026