PAYC · Paycom Software, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $571.90M | - | $493.30M | $483.60M | $530.50M | - | $451.93M | $437.51M | $499.88M | - |
| Cost of Revenue | $87.30M | - | $85.40M | $87.50M | $84.60M | - | $88.35M | $83.88M | $78.63M | - |
| Gross Profit | $484.50M | - | $363.60M | $353.60M | $421.20M | - | $363.58M | $353.63M | $421.25M | - |
| R&D | $60.70M | - | $74.10M | $74.80M | $62.30M | - | $63.05M | $62.37M | $50.51M | - |
| SG&A | $274.30M | - | $295.30M | $283.80M | $260.80M | - | $258.71M | $258.49M | $135.44M | - |
| Total Operating Expenses | $361.70M | - | $380.70M | $371.30M | $345.40M | - | $347.06M | $342.37M | $214.07M | - |
| D&A | $51.10M | - | $23.60M | $22.80M | $39.90M | - | $20.54M | $19.18M | $32.47M | - |
| Operating Income | $210.20M | - | $112.60M | $112.30M | $185.10M | - | $104.87M | $95.14M | $285.81M | - |
| Interest Expense | $4.00M | - | $1.10M | $800.0K | $800.0K | - | $789.0K | $782.0K | $782.0K | - |
| Income Tax | $59.50M | - | $42.10M | $27.70M | $50.90M | - | $35.04M | $31.18M | $42.85M | - |
| Net Income | $155.70M | - | $110.70M | $89.50M | $139.40M | - | $73.28M | $67.97M | $247.19M | - |
| EPS - Basic | $3.05 | - | $1.97 | $1.59 | $2.49 | - | $1.31 | $1.20 | $4.37 | - |
| EPS - Diluted | $3.04 | - | $1.96 | $1.58 | $2.48 | - | $1.31 | $1.20 | $4.37 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $153.90M | $370.00M | $375.00M | $532.20M | $520.80M | $402.00M | $325.76M | $346.46M | $371.32M | $294.02M |
| Accounts Receivable | $51.30M | $44.90M | $50.40M | $39.90M | $31.30M | $39.20M | $20.58M | $20.03M | $20.00M | $16.44M |
| Inventory | $1.50M | $1.70M | $1.80M | $1.60M | $1.40M | $1.40M | $1.33M | $1.42M | $1.81M | $1.38M |
| Accounts Payable | $9.40M | $6.60M | $20.40M | $19.70M | $9.10M | $23.90M | $35.04M | $15.00M | $20.97M | $13.88M |
| Current Assets | $3.07B | $5.84B | $2.54B | $2.40B | $2.99B | $4.30B | $1.98B | $2.85B | $3.30B | $2.81B |
| Total Assets | $4.82B | $7.60B | $4.25B | $4.03B | $4.57B | $5.86B | $3.49B | $4.31B | $4.73B | $4.20B |
| Current Liabilities | $2.84B | $5.37B | $2.08B | $1.85B | $2.48B | $3.91B | $1.66B | $2.53B | $2.94B | $2.53B |
| Long-term Debt | $675.00M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.01B | $5.87B | $2.54B | $2.23B | $2.86B | $4.28B | $2.03B | $2.89B | $3.30B | $2.89B |
| Stockholders' Equity | $811.70M | $1.73B | $1.71B | $1.80B | $1.72B | $1.58B | $1.46B | $1.43B | $1.44B | $1.30B |
| Retained Earnings | $2.39B | $2.26B | $2.16B | $2.07B | $2.01B | $1.89B | $1.80B | $1.74B | $1.70B | $1.47B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $213.80M | - | - | - | $182.50M | - | - | - | $148.64M | - |
| Investing Cash Flow | ($30.80M) | - | - | - | ($379.90M) | - | - | - | $42.28M | - |
| Financing Cash Flow | ($2.91B) | - | - | - | ($1.45B) | - | - | - | $376.09M | - |
| CapEx | $31.20M | - | - | - | $37.70M | - | - | - | $47.73M | - |
| Free Cash Flow | $182.60M | - | - | - | $144.80M | - | - | - | $100.91M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 84.7% | - | 73.7% | 73.1% | 79.4% | - | 80.5% | 80.8% | 84.3% | - |
| Operating margin | 36.8% | - | 22.8% | 23.2% | 34.9% | - | 23.2% | 21.7% | 57.2% | - |
| EBITDA margin | 45.7% | - | 27.6% | 27.9% | 42.4% | - | 27.8% | 26.1% | 63.7% | - |
| Net margin | 27.2% | - | 22.4% | 18.5% | 26.3% | - | 16.2% | 15.5% | 49.4% | - |
| Free cash flow margin | 31.9% | - | - | - | 27.3% | - | - | - | 20.2% | - |
| FCF / Net income | 1.17 | - | - | - | 1.04 | - | - | - | 0.41 | - |
| R&D / Revenue | 10.6% | - | 15.0% | 15.5% | 11.7% | - | 14.0% | 14.3% | 10.1% | - |
| SG&A / Revenue | 48.0% | - | 59.9% | 58.7% | 49.2% | - | 57.2% | 59.1% | 27.1% | - |
| Effective tax rate | 27.6% | - | 27.6% | 23.6% | 26.7% | - | 32.3% | 31.4% | 14.8% | - |
| Return on assets | 3.2% | - | 2.6% | 2.2% | 3.0% | - | 2.1% | 1.6% | 5.2% | - |
| Return on equity | 19.2% | - | 6.5% | 5.0% | 8.1% | - | 5.0% | 4.8% | 17.2% | - |
| Return on invested capital | 10.2% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.08 | 1.09 | 1.22 | 1.30 | 1.20 | 1.10 | 1.19 | 1.13 | 1.12 | 1.11 |
| Quick ratio | 1.08 | 1.09 | 1.22 | 1.30 | 1.20 | 1.10 | 1.19 | 1.13 | 1.12 | 1.11 |
| Cash ratio | 0.05 | 0.07 | 0.18 | 0.29 | 0.21 | 0.10 | 0.20 | 0.14 | 0.13 | 0.12 |
| Leverage | ||||||||||
| Debt / Equity | 0.83 | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.14 | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 2.58 | - | - | - | - | - | - | - | - | - |
| Interest coverage | 52.5x | - | 102.4x | 140.4x | 231.4x | - | 132.9x | 121.7x | 365.5x | - |
| Equity multiplier | 5.94 | 4.39 | 2.48 | 2.24 | 2.66 | 3.72 | 2.38 | 3.02 | 3.29 | 3.22 |
| Liabilities / Assets | 0.83 | 0.77 | 0.60 | 0.55 | 0.62 | 0.73 | 0.58 | 0.67 | 0.70 | 0.69 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.12 | 0.12 | 0.12 | - | 0.13 | 0.10 | 0.11 | - |
| Inventory turnover | 58.20 | - | 47.44 | 54.69 | 60.43 | - | 66.38 | 59.28 | 43.51 | - |
| Days sales outstanding | 33d | - | 37d | 30d | 22d | - | 17d | 17d | 15d | - |
| Days inventory outstanding | 6d | - | 8d | 7d | 6d | - | 5d | 6d | 8d | - |
| Days payable outstanding | 39d | - | 87d | 82d | 39d | - | 145d | 65d | 97d | - |
| Cash conversion cycle | -0d | - | -42d | -45d | -12d | - | -123d | -42d | -74d | - |
| Valuation | ||||||||||
| P / E | 40.0x | - | 106.2x | 146.5x | 88.1x | - | 127.2x | 119.2x | 45.5x | - |
| P / B | 7.7x | - | 6.9x | 7.3x | 7.2x | - | 6.4x | 5.7x | 7.8x | - |
| P / S | 10.9x | - | 23.8x | 27.0x | 23.2x | - | 20.6x | 18.6x | 22.5x | - |
| EV / EBITDA | 25.8x | - | 83.5x | 92.8x | 52.3x | - | 71.7x | 68.0x | 34.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.8% | - | 9.2% | 10.5% | 6.1% | - | 11.2% | 9.1% | 10.7% | - |
| Revenue CAGR (3y) | 8.2% | - | 13.9% | 15.1% | 14.5% | - | 20.8% | 21.8% | 22.5% | - |
| Revenue CAGR (5y) | 16.0% | - | 20.2% | 21.6% | 17.0% | - | 20.9% | 20.9% | 20.1% | - |
| Gross profit growth (YoY) | 15.0% | - | 0.0% | -0.0% | -0.0% | - | 7.8% | 6.0% | 9.0% | - |
| Operating income growth (YoY) | 13.6% | - | 7.4% | 18.0% | -35.2% | - | 8.2% | 9.0% | 78.2% | - |
| Net income growth (YoY) | 11.7% | - | 51.1% | 31.7% | -43.6% | - | -2.6% | 5.4% | 107.2% | - |
| EPS growth (YoY) | 22.6% | - | 49.6% | 31.7% | -43.2% | - | 0.8% | 8.1% | 112.1% | - |
| EPS CAGR (3y) | 13.9% | - | 29.6% | 16.9% | 16.2% | - | 36.1% | 10.1% | 57.9% | - |
| EPS CAGR (5y) | 22.3% | - | 33.1% | 26.4% | 18.1% | - | 14.4% | 7.7% | 40.1% | - |
| FCF growth (YoY) | 26.1% | - | - | - | 43.5% | - | - | - | -4.3% | - |
| FCF CAGR (5y) | 23.3% | - | - | - | 20.8% | - | - | - | 18.8% | - |
| Book value growth (YoY) | -52.7% | 9.9% | 16.7% | 26.3% | 19.4% | 20.9% | 3.0% | 1.4% | 7.8% | 10.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$3.99B totalRecurring And Other$1.94B · 48.6%
Recurring$1.91B · 47.9%
Interest On Funds Held For Clients$113.00M · 2.8%
Implementation And Other$26.00M · 0.7%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Paycom Software against the 5 most active filers in the same SIC group.
Dividends
$1.50/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 26, 2026 | $0.3750 |
| Mar 9, 2026 | $0.3750 |
| Nov 24, 2025 | $0.3750 |
| Aug 25, 2025 | $0.3750 |
| May 27, 2025 | $0.3750 |
| Mar 10, 2025 | $0.3750 |
| Nov 25, 2024 | $0.3750 |
| Aug 26, 2024 | $0.3750 |
| May 24, 2024 | $0.3750 |
| Mar 1, 2024 | $0.3750 |
| Nov 24, 2023 | $0.3750 |
| Aug 25, 2023 | $0.3750 |
| May 26, 2023 | $0.3750 |