AAPL
Apple Inc.
AAPL has a slight edge over PAR overall, supported by lower modeled downside and stronger fundamentals.
PAR
PAR Technology Corporation
PAR offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
PAR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
PAR's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
PAR PE Valuation
PAR has no meaningful PE right now: it lost money over the past year.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
PAR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
PAR has the edge over AAPL on the outlook, with more favorable profitability expectations.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over PAR on earnings quality, reporting a profit while its opponent remains loss making.
PAR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.32 | — |
| Q3 2026 | -$1.54 | +$0.59 |
| Q2 2026 | -$1.77 | +$0.47 |
| Q1 2026 | -$1.88 | -$1.76 |
| Q4 2025 | -$2.09 | -$1.95 |
| Q3 2025 | -$2.13 | -$1.88 |
| Q2 2025 | -$2.24 | -$1.99 |
| Q1 2025 | -$0.12 | +$2.45 |
| Q4 2024 | -$0.14 | +$2.39 |
PAR is still losing money, but far less than before: $1.54 per share over the past year, against $3.53 at its worst in mid-2022.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over PAR on profitability, with a higher operating margin.
PAR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $137.1M | +15% |
| Q2 2026 | $133.4M | +19% |
| Q1 2026 | $124M | +19% |
| Q4 2025 | $120.1M | +14% |
| Q3 2025 | $119.2M | +23% |
| Q2 2025 | $112.4M | +44% |
| Q1 2025 | $103.9M | -1.6% |
| Q4 2024 | $105M | -2.5% |
PAR's revenue has grown year over year for six quarters in a row: $137M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4% | +11 points |
| Q2 2026 | -9.7% | +5.7 points |
| Q1 2026 | -11% | +4 points |
| Q4 2025 | -15% | +0.6 points |
| Q3 2025 | -15% | +0.9 points |
| Q2 2025 | -15% | +11 points |
| Q1 2025 | -15% | +8.2 points |
| Q4 2024 | -16% | -1.7 points |
PAR's operating margin was −4% last quarter, up 11 points from the same quarter a year ago, near the top of its range since 2019.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL has the edge over PAR on cash generation, producing positive trailing cash flow while its opponent burns cash.
PAR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.6M | +192% |
| Q2 2026 | $6.8M | +$14.2M |
| Q1 2026 | -$17M | +$619K |
| Q4 2025 | -$12.5M | -492% |
| Q3 2025 | $7M | -16% |
| Q2 2025 | -$7.4M | +$6.8M |
| Q1 2025 | -$17.6M | +$6M |
| Q4 2024 | $3.2M | +249% |
PAR has burned cash in most quarters: −$2M over the past year, against −$15M the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over PAR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
PAR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +84K shares |
| 1 year | +1.9% | +783K shares |
| 3 years | +51% | +13.9M shares |
| 5 years | +59% | +15.4M shares |
| Available history | +155% | +25.1M shares |
PAR has 41M diluted shares, up 1.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $33.1M |
| Q3 2020 | $497,000 |
| Q2 2020 | $179,000 |
| Q1 2020 | $153,000 |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over PAR on leverage, with a lower net debt burden relative to earnings.
PAR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1,866.6x | High |
PAR's net debt is more than 20 years of its operating earnings (EBITDA).
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
PAR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.7 | Neutral |
| Stochastic | 83.5 | Overbought |
PAR's weekly RSI is 60 (neutral) and its Stochastic is 84 (overbought).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
PAR PE vs Technology Sector
PAR has no meaningful PE right now: it lost money over the past year.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over PAR on trend strength, trading above more of its moving averages.
PAR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.4 | 25% above |
| 20 week MA | $17.6 | 24% above |
| 50 week MA | $19.9 | 9.2% above |
| 100 week MA | $38.7 | 44% below |
| 200 week MA | $41.2 | 47% below |
PAR has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 47% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over PAR on returns for 2026, with the stronger performance.
PAR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.9 | $66.8 | +116% |
| 2021 | $66.8 | $55.2 | -17% |
| 2022 | $55.2 | $24.3 | -56% |
| 2023 | $24.3 | $43.5 | +79% |
| 2024 | $43.5 | $73.3 | +68% |
| 2025 | $73.3 | $37.7 | -49% |
| 2026 YTD | $37.7 | $21.8 | -42% |
PAR's yearly returns have swung widely, from +116% in 2020 to −56% in 2022. It's down 42% so far in 2026.