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The financials
Paycom Software, Inc. by the numbers
Paycom Software, Inc. (PAYC) reported revenue of $572M in Q1 2026 (quarter ended Mar 31, 2026), up 7.8% from the same quarter a year earlier. That came with a gross margin of 85% and net income of $156M (27% of revenue). For the full year FY2025, revenue was $2.05B (+8.9% year on year) and net income $453M. Its largest product in Jun 2026 was Recurring at $498M, 94% of the disclosed total, well ahead of Interest On Funds Held For Clients at 4.9%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $572M | $531M | +7.8% |
| Gross profit | $485M | $446M | +8.7% |
| Operating income | $210M | $185M | +14% |
| Net income | $156M | $139M | +12% |
| Diluted EPS | $3.04 | $2.48 | +23% |
| Product | Revenue | Share |
|---|---|---|
| Recurring | $498M | 94% |
| Interest On Funds Held For Clients | $26M | 4.9% |
| Implementation And Other | $7.3M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $531.2M (-7.1%)
Implementation And Other grew +22% year on yearInterest On Funds Held For Clients -8.8% year on year
Segment Latestquarter on quarteryear on year
- Recurring$497.9M$497.9MQoQ -7.3%year on year +11%-7.3%+11%
- Interest On Funds Held For Clients$26.0M$26.0MQoQ -6.5%year on year -8.8%-6.5%-8.8%
- Implementation And Other$7.3M$7.3MQoQ +9.0%year on year +22%+9.0%+22%
Software - Application
Ranks #12 of 72 by Smart Score