PAYC
Paycom Software, Inc.
NYSE: PAYC · TECHNOLOGY · SOFTWARE - APPLICATION
$127.93
+2.49% today
Updated 2026-04-29
Market cap
$6.94B
P/E ratio
15.83
P/S ratio
3.38x
EPS (TTM)
$8.08
Dividend yield
1.20%
52W range
$105 – $266
Volume
1.8M
Paycom Software, Inc. (PAYC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.21M | $76.81M | $107.60M | $150.93M | $224.65M | $329.14M | $433.05M | $566.34M | $737.67M | $841.43M | $1.06B | $1.38B | $1.69B | $1.88B | $2.05B |
| Revenue growth (YoY) | — | +34.3% | +40.1% | +40.3% | +48.8% | +46.5% | +31.6% | +30.8% | +30.3% | +14.1% | +25.4% | +30.3% | +23.2% | +11.2% | +8.9% |
| Cost of revenue | $13.27M | $16.33M | $20.89M | $27.32M | $35.47M | $54.07M | $72.03M | $90.76M | $109.75M | $123.55M | $161.89M | $212.70M | $276.30M | $334.60M | $439.30M |
| Gross profit | $43.93M | $60.48M | $86.71M | $123.61M | $189.18M | $275.07M | $361.02M | $475.57M | $627.92M | $717.89M | $893.64M | $1.16B | $1.42B | $1.55B | $1.61B |
| Gross margin | 76.8% | 78.7% | 80.6% | 81.9% | 84.2% | 83.6% | 83.4% | 84.0% | 85.1% | 85.3% | 84.7% | 84.5% | 83.7% | 82.2% | 78.6% |
| R&D | $1.23M | $1.63M | $2.15M | $4.33M | $8.63M | $20.97M | $30.43M | $46.25M | $73.08M | $90.24M | $118.43M | $148.30M | $199.00M | $242.60M | $283.40M |
| SG&A | $14.71M | $19.37M | $28.73M | $35.50M | $47.83M | $59.17M | $80.23M | $96.61M | $127.53M | $178.20M | $209.84M | $239.10M | $288.10M | $158.60M | $279.00M |
| Operating income | $1.46M | $6.13M | $9.47M | $15.70M | $34.44M | $101.74M | $129.71M | $173.72M | $226.22M | $186.12M | $253.57M | $378.70M | $451.30M | $634.30M | $567.20M |
| Operating margin | 2.5% | 8.0% | 8.8% | 10.4% | 15.3% | 30.9% | 30.0% | 30.7% | 30.7% | 22.1% | 24.0% | 27.5% | 26.6% | 33.7% | 27.6% |
| EBITDA | $6.85M | $12.01M | $16.16M | $20.24M | $44.37M | $115.68M | $148.04M | $205.13M | $269.24M | $239.33M | $323.18M | $484.80M | $588.20M | $798.30M | $799.10M |
| EBITDA margin | 12.0% | 15.6% | 15.0% | 13.4% | 19.8% | 35.1% | 34.2% | 36.2% | 36.5% | 28.4% | 30.6% | 35.3% | 34.7% | 42.4% | 38.9% |
| EBIT | $1.56M | $6.49M | $10.67M | $13.08M | $34.95M | $102.05M | $128.64M | $175.48M | $227.03M | $185.96M | $255.96M | $392.10M | $474.30M | $652.40M | $622.80M |
| Interest expense | $134000.00 | $6.98M | $9.27M | $3.42M | $1.43M | $1.04M | $911000.00 | $766000.00 | $940000.00 | $19000.00 | $2.40M | $2.50M | $1.90M | $3.40M | $3.40M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.43M | $-406000.00 | $7.71M | $5.66M | $20.95M | $43.84M | $66.81M | $137.06M | $180.58M | $143.45M | $195.96M | $281.39M | $340.79M | $502.00M | $453.40M |
| Net income growth (YoY) | — | -128.4% | +1999.3% | -26.6% | +269.9% | +109.3% | +52.4% | +105.2% | +31.7% | -20.6% | +36.6% | +43.6% | +21.1% | +47.3% | -9.7% |
| Profit margin | 2.5% | -0.5% | 7.2% | 3.8% | 9.3% | 13.3% | 15.4% | 24.2% | 24.5% | 17.0% | 18.6% | 20.5% | 20.1% | 26.7% | 22.1% |