The financials
Paycom Software, Inc. by the numbers
Paycom Software, Inc. (PAYC) reported revenue of $572M in Q1 2026 (quarter ended March 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 2026-Q1 was Recurring at $537M, 94% of the disclosed total, just 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 | $537M | 94% |
| Interest On Funds Held For Clients | $28M | 4.9% |
| Implementation And Other | $6.7M | 1.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $571.8M (+16%)
Recurring grew +8.9% year on yearInterest On Funds Held For Clients -8.9% year on year
Segment Latestquarter on quarteryear on year
- Recurring$537.3M$537.3MQoQ +17%year on year +8.9%+17%+8.9%
- Interest On Funds Held For Clients$27.8M$27.8MQoQ +3.7%year on year -8.9%+3.7%-8.9%
- Implementation And Other$6.7M$6.7MQoQ +1.5%year on year +1.5%+1.5%+1.5%
Software - Application
Ranks #27 of 90 by Smart Score