Paycom Software Financial Statements
NYSE: PAYCTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Paycom Software revenue and earnings
In fiscal 2025, Paycom Software generated $2.05 billion in revenue, up 8.9% from fiscal 2024, its 13th consecutive year of revenue growth. Net income was $453.4 million (-9.7% year over year), for a net margin of 22.1% versus a median of 20.1% in the prior 5 years. Gross margin was 83.2% (up from 82.2%) and operating margin 27.6%.
Diluted earnings per share came in at $8.08, down from $8.92. Over the last 5 fiscal years, PAYC's revenue has grown at a 19.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Paycom Software income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.05B | 1.88B | 1.69B | 1.38B | 1.06B | 841.43M | 737.67M | 566.34M | 433.05M | 329.14M |
| Revenue growth (YoY) | +8.95% | +11.19% | +23.16% | +30.29% | +25.44% | +14.07% | +30.25% | +30.78% | +31.57% | +46.51% |
| Cost of Revenue | 345.40M | 334.60M | 276.30M | 212.70M | 161.89M | 123.55M | 109.75M | 90.76M | 72.03M | 54.07M |
| Gross Profit | 1.71B | 1.55B | 1.42B | 1.16B | 893.64M | 717.89M | 627.92M | 475.57M | 361.02M | 275.07M |
| Operating Expenses | 1.14B | 914.30M | 966.10M | 783.80M | 640.07M | 531.76M | 401.70M | 301.86M | 231.31M | 173.34M |
| Research & Development | 283.40M | 242.60M | 199.00M | 148.30M | 118.43M | 90.24M | 73.08M | 46.25M | 30.43M | 20.97M |
| Selling, General & Admin | 1.14B | 914.30M | 966.10M | 783.80M | 640.07M | 531.76M | 401.70M | 301.86M | 231.31M | 173.34M |
| Operating Income | 567.20M | 634.30M | 451.30M | 378.70M | 253.57M | 186.12M | 226.22M | 173.72M | 129.71M | 101.74M |
| Interest Expense | 3.40M | 3.40M | 1.90M | 2.50M | 1.40M | 19.00K | 940.00K | 766.00K | 911.00K | 1.04M |
| Other Income (Expense) | 55.60M | 18.10M | 23.00M | 13.40M | 2.40M | -168.00K | 803.00K | 1.76M | -1.07M | 308.00K |
| Pretax Income | 619.40M | 649.00M | 472.40M | 389.60M | 255.96M | 185.94M | 226.09M | 174.71M | 127.73M | 101.01M |
| Income Tax | 166.00M | 147.00M | 131.60M | 108.20M | 60.00M | 42.48M | 45.51M | 37.65M | 4.25M | 30.59M |
| Net Income | 453.40M | 502.00M | 340.80M | 281.40M | 195.96M | 143.45M | 180.58M | 137.06M | 123.49M | 70.42M |
| Net Income growth (YoY) | -9.68% | +47.30% | +21.11% | +43.60% | +36.60% | -20.56% | +31.74% | +11.00% | +75.35% | +236.22% |
| EPS (Basic) | 8.13 | 8.93 | 5.91 | 4.86 | 3.39 | 2.49 | 3.14 | 2.37 | 2.13 | 1.21 |
| EPS (Diluted) | 8.08 | 8.92 | 5.88 | 4.84 | 3.37 | 2.46 | 3.09 | 2.34 | 2.10 | 1.19 |
| Shares Outstanding (Basic) | 55.77M | 56.21M | 57.71M | 57.93M | 57.88M | 57.62M | 57.56M | 57.71M | 57.84M | 57.55M |
| Shares Outstanding (Diluted) | 56.12M | 56.30M | 57.97M | 58.17M | 58.19M | 58.28M | 58.40M | 58.58M | 58.79M | 58.97M |
| EBITDA | 743.50M | 780.20M | 565.20M | 471.40M | 320.79M | 239.50M | 268.44M | 203.37M | 149.10M | 115.37M |
| Gross Margin | 83.17% | 82.23% | 83.69% | 84.53% | 84.66% | 85.32% | 85.12% | 83.97% | 83.37% | 83.57% |
| Operating Margin | 27.65% | 33.68% | 26.65% | 27.54% | 24.02% | 22.12% | 30.67% | 30.67% | 29.95% | 30.91% |
| Net Margin | 22.10% | 26.66% | 20.12% | 20.46% | 18.57% | 17.05% | 24.48% | 24.20% | 28.52% | 21.40% |
This table shows 10 annual periods of Paycom Software's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PAYC's reporting calendar. What is a income statement?