Paylocity Financial Statements
NASDAQ: PCTYTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Paylocity revenue and earnings
In fiscal 2026, Paylocity generated $1.77 billion in revenue, up 11.0% from fiscal 2025, its 14th consecutive year of revenue growth. Net income was $269.7 million (+18.8% year over year), for a net margin of 15.2% versus a median of 12.0% in the prior 5 years. Gross margin was 69.2% (up from 68.8%) and operating margin 21.8%.
Diluted earnings per share came in at $4.92, up from $4.02. Over the last 5 fiscal years, PCTY's revenue has grown at a 22.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Paylocity income statement (annual)
| Fiscal year (USD) | FY 20262026-06-30 | FY 20252025-06-30 | FY 20242024-06-30 | FY 20232023-06-30 | FY 20222022-06-30 | FY 20212021-06-30 | FY 20202020-06-30 | FY 20192019-06-30 | FY 20182018-06-30 | FY 20172017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.77B | 1.60B | 1.40B | 1.17B | 852.65M | 635.63M | 561.33M | 467.63M | 377.53M | 300.01M |
| Revenue growth (YoY) | +11.04% | +13.74% | +19.40% | +37.76% | +34.14% | +13.24% | +20.04% | +23.87% | +25.84% | +30.04% |
| Cost of Revenue | 545.82M | 498.22M | 441.73M | 367.04M | 287.00M | 219.30M | 182.01M | 153.85M | 149.20M | 123.99M |
| Gross Profit | 1.23B | 1.10B | 960.79M | 807.56M | 565.65M | 416.33M | 379.32M | 313.78M | 228.33M | 176.02M |
| Operating Expenses | 839.51M | 792.97M | 700.69M | 652.53M | 481.06M | 358.29M | 313.15M | 257.56M | 212.38M | 168.73M |
| Research & Development | 221.39M | 205.85M | 178.33M | 163.99M | 102.91M | 76.71M | 62.77M | 50.33M | 37.65M | 29.10M |
| Selling, General & Admin | 618.12M | 587.12M | 522.36M | 488.54M | 378.15M | 281.58M | 250.38M | 207.23M | 174.74M | 139.63M |
| Operating Income | 385.99M | 304.02M | 260.09M | 155.03M | 84.59M | 58.04M | 66.17M | 56.22M | 15.95M | 7.30M |
| Other Income (Expense) | 1.31M | 5.04M | 16.92M | 3.59M | -997.00K | -939.00K | 947.00K | 1.82M | 802.00K | 73.00K |
| Pretax Income | 387.30M | 309.06M | 277.01M | 158.61M | 83.60M | 57.10M | 67.12M | 58.05M | 16.75M | 7.37M |
| Income Tax | 117.56M | 81.94M | 70.25M | 17.79M | -7.18M | -13.71M | 2.66M | 4.22M | -21.85M | 651.00K |
| Net Income | 269.74M | 227.13M | 206.77M | 140.82M | 90.78M | 70.82M | 64.45M | 53.82M | 38.60M | 6.72M |
| Net Income growth (YoY) | +18.76% | +9.85% | +46.83% | +55.13% | +28.18% | +9.87% | +19.75% | +39.45% | +474.55% | — |
| EPS (Basic) | 4.99 | 4.08 | 3.68 | 2.53 | 1.65 | 1.30 | 1.20 | 1.02 | 0.74 | 0.13 |
| EPS (Diluted) | 4.92 | 4.02 | 3.63 | 2.49 | 1.61 | 1.26 | 1.15 | 0.97 | 0.70 | 0.12 |
| Shares Outstanding (Basic) | 54.08M | 55.65M | 56.21M | 55.71M | 55.04M | 54.32M | 53.55M | 52.91M | 52.42M | 51.41M |
| Shares Outstanding (Diluted) | 54.77M | 56.55M | 56.98M | 56.60M | 56.45M | 56.30M | 55.81M | 55.41M | 54.89M | 54.06M |
| EBITDA | 497.79M | 403.66M | 336.52M | 215.89M | 134.81M | 101.02M | 104.08M | 90.79M | 46.15M | 28.32M |
| Gross Margin | 69.19% | 68.77% | 68.50% | 68.75% | 66.34% | 65.50% | 67.58% | 67.10% | 60.48% | 58.67% |
| Operating Margin | 21.79% | 19.06% | 18.54% | 13.20% | 9.92% | 9.13% | 11.79% | 12.02% | 4.22% | 2.43% |
| Net Margin | 15.23% | 14.24% | 14.74% | 11.99% | 10.65% | 11.14% | 11.48% | 11.51% | 10.22% | 2.24% |
This table shows 10 annual periods of Paylocity's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PCTY's reporting calendar. What is a income statement?