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Side-by-side financial comparison of Dingdong (Cayman) Ltd (DDL) and PAR TECHNOLOGY CORP (PAR). Click either name above to swap in a different company.

PAR TECHNOLOGY CORP is the larger business by last-quarter revenue ($120.1M vs $115.3M, roughly 1.0× Dingdong (Cayman) Ltd).

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

PAR Technology Corp is a global provider of point-of-sale systems, restaurant management software, and integrated tech solutions. Its core segments serve food service, hospitality, and government security markets, offering cloud tools to streamline operations, enhance customer experiences, and boost efficiency for enterprise and small-to-medium clients.

DDL vs PAR — Head-to-Head

Bigger by revenue
PAR
PAR
1.0× larger
PAR
$120.1M
$115.3M
DDL

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
DDL
DDL
PAR
PAR
Revenue
$115.3M
$120.1M
Net Profit
$6.7M
Gross Margin
41.2%
Operating Margin
5.3%
-15.0%
Net Margin
5.8%
Revenue YoY
14.4%
Net Profit YoY
EPS (diluted)
$-0.02
$-0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DDL
DDL
PAR
PAR
Q4 25
$120.1M
Q3 25
$119.2M
Q2 25
$112.4M
Q1 25
$103.9M
Q4 24
$105.0M
Q3 24
$96.8M
Q2 24
$78.2M
Q1 24
$70.1M
Net Profit
DDL
DDL
PAR
PAR
Q4 25
Q3 25
$-18.2M
Q2 25
$-21.0M
Q1 25
$-24.4M
Q4 24
Q3 24
$-19.8M
Q2 24
$54.2M
Q1 24
$-18.3M
Gross Margin
DDL
DDL
PAR
PAR
Q4 25
41.2%
Q3 25
41.3%
Q2 25
45.4%
Q1 25
46.5%
Q4 24
42.9%
Q3 24
44.5%
Q2 24
41.0%
Q1 24
37.2%
Operating Margin
DDL
DDL
PAR
PAR
Q4 25
-15.0%
Q3 25
-14.8%
Q2 25
-15.4%
Q1 25
-15.2%
Q4 24
-15.6%
Q3 24
-15.7%
Q2 24
-26.5%
Q1 24
-38.2%
Net Margin
DDL
DDL
PAR
PAR
Q4 25
Q3 25
-15.3%
Q2 25
-18.7%
Q1 25
-23.4%
Q4 24
Q3 24
-20.5%
Q2 24
69.3%
Q1 24
-26.1%
EPS (diluted)
DDL
DDL
PAR
PAR
Q4 25
$-0.52
Q3 25
$-0.45
Q2 25
$-0.52
Q1 25
$-0.60
Q4 24
$-0.56
Q3 24
$-0.56
Q2 24
$1.60
Q1 24
$-0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DDL
DDL
PAR
PAR
Cash + ST InvestmentsLiquidity on hand
$113.7M
$80.1M
Total DebtLower is stronger
$135.8K
$394.0M
Stockholders' EquityBook value
$4.5M
$825.1M
Total Assets
$178.3M
$1.4B
Debt / EquityLower = less leverage
0.03×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
PAR
PAR
Q4 25
$80.1M
Q3 25
$93.0M
Q2 25
$85.7M
Q1 25
$92.2M
Q4 24
$108.6M
Q3 24
$118.4M
Q2 24
$142.5M
Q1 24
$72.5M
Total Debt
DDL
DDL
PAR
PAR
Q4 25
$394.0M
Q3 25
$393.4M
Q2 25
$392.8M
Q1 25
$392.3M
Q4 24
$368.4M
Q3 24
$466.7M
Q2 24
$378.7M
Q1 24
$378.2M
Stockholders' Equity
DDL
DDL
PAR
PAR
Q4 25
$825.1M
Q3 25
$838.0M
Q2 25
$859.1M
Q1 25
$852.0M
Q4 24
$871.7M
Q3 24
$692.7M
Q2 24
$588.3M
Q1 24
$526.4M
Total Assets
DDL
DDL
PAR
PAR
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.1B
Q1 24
$1.0B
Debt / Equity
DDL
DDL
PAR
PAR
Q4 25
0.48×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.46×
Q4 24
0.42×
Q3 24
0.67×
Q2 24
0.64×
Q1 24
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DDL
DDL
PAR
PAR
Operating Cash FlowLast quarter
$-11.8M
Free Cash FlowOCF − Capex
$-12.5M
FCF MarginFCF / Revenue
-10.4%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-30.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DDL
DDL
PAR
PAR
Q4 25
$-11.8M
Q3 25
$8.4M
Q2 25
$-6.6M
Q1 25
$-17.2M
Q4 24
$3.4M
Q3 24
$8.8M
Q2 24
$-13.8M
Q1 24
$-23.6M
Free Cash Flow
DDL
DDL
PAR
PAR
Q4 25
$-12.5M
Q3 25
$7.0M
Q2 25
$-7.4M
Q1 25
$-17.6M
Q4 24
$3.2M
Q3 24
$8.4M
Q2 24
$-14.2M
Q1 24
$-23.6M
FCF Margin
DDL
DDL
PAR
PAR
Q4 25
-10.4%
Q3 25
5.9%
Q2 25
-6.6%
Q1 25
-16.9%
Q4 24
3.0%
Q3 24
8.7%
Q2 24
-18.2%
Q1 24
-33.7%
Capex Intensity
DDL
DDL
PAR
PAR
Q4 25
0.7%
Q3 25
1.1%
Q2 25
0.7%
Q1 25
0.4%
Q4 24
0.2%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.1%
Cash Conversion
DDL
DDL
PAR
PAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.26×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DDL
DDL

Segment breakdown not available.

PAR
PAR

Subscription Service$76.1M63%
Hardware$27.8M23%
Professional Service$16.2M13%

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