PYCR · Paycor Hcm, 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.
Price · PYCR
Income Statement
| Line item | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $180.44M | $167.48M | $159.54M | $187.02M | $143.59M | $132.86M | $161.48M | $118.30M | $103.07M | $122.60M |
| Cost of Revenue | $62.19M | $59.22M | $55.13M | $58.74M | $51.38M | $46.18M | $49.32M | $43.19M | $41.08M | $41.19M |
| Gross Profit | $118.25M | $108.26M | $104.42M | $128.28M | $92.21M | $86.68M | $112.16M | $75.12M | $61.98M | $81.44M |
| R&D | $18.37M | $17.43M | $16.66M | $15.07M | $14.05M | $13.88M | $13.66M | $12.40M | $10.61M | $9.32M |
| SG&A | $38.55M | $48.30M | $56.17M | $49.92M | $48.75M | $52.46M | $51.03M | $47.91M | $35.06M | $38.44M |
| Total Operating Expenses | $117.06M | $122.51M | $130.59M | $120.83M | $115.58M | $118.25M | $120.19M | $108.51M | $95.75M | $73.32M |
| D&A | $1.40M | $1.45M | $1.49M | $1.47M | $1.51M | $1.20M | $1.18M | $1.20M | $1.73M | $1.67M |
| Operating Income | $1.19M | ($14.25M) | ($26.18M) | $7.46M | ($23.37M) | ($31.57M) | ($8.03M) | ($33.39M) | ($33.76M) | ($23.46M) |
| Interest Expense | $1.15M | $1.24M | $1.15M | $1.15M | $1.24M | $404.0K | $1.97M | $1.09M | $112.0K | $101.0K |
| Income Tax | $2.88M | ($6.44M) | ($2.82M) | $1.25M | ($3.09M) | ($4.44M) | ($658.0K) | ($4.98M) | ($8.08M) | ($6.88M) |
| Net Income | ($2.05M) | ($7.28M) | ($26.25M) | $6.19M | ($20.60M) | ($27.46M) | ($7.34M) | ($29.05M) | ($23.29M) | ($18.44M) |
| EPS - Basic | ($0.01) | ($0.04) | ($0.15) | $0.03 | ($0.12) | ($0.16) | ($0.04) | ($0.17) | ($0.15) | ($0.13) |
| EPS - Diluted | ($0.01) | ($0.04) | ($0.15) | $0.03 | ($0.12) | ($0.16) | ($0.04) | ($0.17) | ($0.15) | ($0.13) |
Balance Sheet
| Line item | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $114.57M | $97.62M | $117.96M | $90.10M | $54.28M | $95.23M | $82.86M | $98.16M | $133.04M | $19.36M |
| Accounts Receivable | $58.25M | $47.96M | $48.16M | $43.99M | $34.74M | $30.82M | $30.51M | $23.36M | $21.51M | $20.19M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $21.33M | $20.42M | $27.31M | $20.00M | $20.34M | $28.35M | $20.99M | $15.51M | $13.95M | $11.74M |
| Current Assets | $1.60B | $1.21B | $1.36B | $1.64B | $1.20B | $1.24B | $1.44B | $1.11B | $1.92B | $2.08B |
| Total Assets | $2.83B | $2.44B | $2.61B | $2.91B | $2.49B | $2.54B | $2.74B | $2.41B | $3.13B | $3.33B |
| Current Liabilities | $1.43B | $1.05B | $1.22B | $1.52B | $1.12B | $1.16B | $1.35B | $1.01B | $1.80B | $1.96B |
| Long-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.52B | $1.14B | $1.32B | $1.61B | $1.22B | $1.27B | $1.46B | $1.14B | $1.85B | $2.03B |
| Stockholders' Equity | $1.31B | $1.30B | $1.29B | $1.29B | $1.27B | $1.27B | $1.29B | $1.27B | $1.28B | $912.21M |
| Retained Earnings | ($557.77M) | ($555.72M) | ($548.44M) | ($530.15M) | ($510.09M) | ($489.50M) | ($459.24M) | ($424.44M) | ($395.39M) | ($371.57M) |
Cash Flow
| Line item | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($8.31M) | - | - | ($26.13M) | - | - | ($24.10M) | - | - |
| Investing Cash Flow | - | ($19.85M) | - | - | ($13.59M) | - | - | ($118.96M) | - | - |
| Financing Cash Flow | - | ($143.16M) | - | - | ($16.47M) | - | - | ($772.64M) | - | - |
| CapEx | - | $1.17M | - | - | $1.44M | - | - | $331.0K | - | - |
| Free Cash Flow | - | ($9.48M) | - | - | ($27.56M) | - | - | ($24.43M) | - | - |
Ratios
| Metric | Q2 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 65.5% | 64.6% | 65.4% | 68.6% | 64.2% | 65.2% | 69.5% | 63.5% | 60.1% | 66.4% |
| Operating margin | 0.7% | -8.5% | -16.4% | 4.0% | -16.3% | -23.8% | -5.0% | -28.2% | -32.8% | -19.1% |
| EBITDA margin | 1.4% | -7.6% | -15.5% | 4.8% | -15.2% | -22.9% | -4.2% | -27.2% | -31.1% | -17.8% |
| Net margin | -1.1% | -4.3% | -16.5% | 3.3% | -14.3% | -20.7% | -4.5% | -24.6% | -22.6% | -15.0% |
| Free cash flow margin | - | -5.7% | - | - | -19.2% | - | - | -20.7% | - | - |
| FCF / Net income | - | 1.30 | - | - | 1.34 | - | - | 0.84 | - | - |
| R&D / Revenue | 10.2% | 10.4% | 10.4% | 8.1% | 9.8% | 10.4% | 8.5% | 10.5% | 10.3% | 7.6% |
| SG&A / Revenue | 21.4% | 28.8% | 35.2% | 26.7% | 34.0% | 39.5% | 31.6% | 40.5% | 34.0% | 31.4% |
| Effective tax rate | 344.7% | - | - | 16.8% | - | - | - | - | - | - |
| Return on assets | -0.1% | -0.3% | -1.0% | 0.2% | -0.8% | -1.1% | -0.3% | -1.2% | -0.7% | -0.6% |
| Return on equity | -0.2% | -0.6% | -2.0% | 0.5% | -1.6% | -2.2% | -0.6% | -2.3% | -1.8% | -2.0% |
| Return on invested capital | 0.0% | -0.9% | -1.6% | 0.5% | -1.5% | -2.0% | -0.5% | -2.1% | -2.1% | -2.0% |
| Liquidity | ||||||||||
| Current ratio | 1.12 | 1.15 | 1.11 | 1.08 | 1.08 | 1.07 | 1.07 | 1.10 | 1.06 | 1.06 |
| Quick ratio | 1.12 | 1.15 | 1.11 | 1.08 | 1.08 | 1.07 | 1.07 | 1.10 | 1.06 | 1.06 |
| Cash ratio | 0.08 | 0.09 | 0.10 | 0.06 | 0.05 | 0.08 | 0.06 | 0.10 | 0.07 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | 0.00 | - | - | 0.00 | - | - | - | - | - | - |
| Interest coverage | 1.0x | -11.5x | -22.7x | 6.5x | -18.8x | -78.1x | -4.1x | -30.7x | -301.5x | -232.3x |
| Equity multiplier | 2.16 | 1.88 | 2.03 | 2.26 | 1.96 | 2.00 | 2.13 | 1.89 | 2.44 | 3.65 |
| Liabilities / Assets | 0.54 | 0.47 | 0.51 | 0.56 | 0.49 | 0.50 | 0.53 | 0.47 | 0.59 | 0.61 |
| Efficiency | ||||||||||
| Asset turnover | 0.06 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.03 | 0.04 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 118d | 105d | 110d | 86d | 88d | 85d | 69d | 72d | 76d | 60d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 125d | 126d | 181d | 124d | 144d | 224d | 155d | 131d | 124d | 104d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 13.1% | 16.6% | 20.1% | 15.8% | 21.4% | 28.9% | 31.7% | 49.6% | - | - |
| Revenue CAGR (3y) | 20.5% | 28.4% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 13.3% | 17.4% | 20.5% | 14.4% | 22.8% | 39.8% | 37.7% | 59.4% | - | - |
| Operating income growth (YoY) | - | 39.0% | 17.1% | - | 30.0% | 6.5% | 65.8% | -55.5% | - | - |
| Net income growth (YoY) | 92.2% | 64.6% | 4.4% | - | 29.1% | -17.9% | 60.2% | -29.8% | - | - |
| EPS growth (YoY) | 93.3% | 66.7% | 6.3% | - | 29.4% | -6.7% | 69.2% | -13.3% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 65.6% | - | - | -12.8% | - | - | -894.8% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.7% | 2.4% | 1.0% | 0.0% | -0.3% | -0.9% | 40.9% | -2.1% | 46.2% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-06-30.
Product / service
$602.39M totalRecurring Fees$587.02M · 97.4%
Service Other$15.36M · 2.6%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing PAYCOR HCM against the 5 most active filers in the same SIC group.