HIGHOutside partySupplier
single-source suppliers for hardware products
“10-K Item 1A: 'in some instances, we are dependent on single-source suppliers for our hardware products, which may subject us to other significant risks'”
PAR · Concentration risk · 10-K extracted
PAR Technology (PAR) concentration risks
Updated
The most significant concentration PAR Technology discloses is single-source suppliers for hardware products, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: PAR Technology’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partyCustomer
21%
McDonald's Corporation
“10-K Item 1: 'McDonald's Corporation accounted for 21% of our total revenue in 2025.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06PAR Technology's concentration risk spans supply and customer relationships at different magnitudes. On the supply side, the company is in some instances dependent on single-source suppliers for its hardware products, a high-share dependency exposure. On the customer side, McDonald's Corporation accounted for 21% of total revenue in 2025, a low-share dependency by the disclosed band, though still a named, sizable single-customer relationship. The supply-side exposure is the more structurally significant of the two: reliance on single-source suppliers for hardware could constrain the company's ability to fulfill orders broadly if any one supplier were disrupted, whereas the McDonald's relationship, while a well-known and substantial revenue contributor, is disclosed at a lower share band. Both are dependency-type exposures rather than structural features of the business, meaning they are tied to the specific fortunes of named counterparties. Taken together, hardware supply reliability appears to be the more consequential vulnerability, while the McDonald's relationship is a concentrated but comparatively smaller-share dependency worth monitoring for renewal or volume changes.
For the engine’s reasoning on PAR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Application
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| PAR● | PAR Technology Corporation | 1 | 0 | 1 | 2 |
| ADEA | Adeia Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.