Paylocity Holding Corporation
NASDAQ•PCTY
CEO: Mr. Steven R. Beauchamp
Sector: Technology
Industry: Software - Application
Listing Date: 2014-03-19
Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection. It also provides human resources (HR) software solutions for employee self-service, compliance, HR edge, data analytics, and workflows and documents, as well as human resource management system; talent management system for recruiting, onboarding, performance, compensation, and learning; and benefits administration software. In addition, the company offers employee experience platform for community, employee voice, recognition and rewards, video, and modern workforce index; HR reporting software; and mobile HR solutions. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
Contact Information
Market Cap
$6.19B
P/E (TTM)
26.0
67.6
Dividend Yield
--
52W High
$201.97
52W Low
$100.50
52W Range
Rank16Top 3.7%
6.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q2 2026 Data
Revenue
$416.13M+0.00%
4-Quarter Trend
EPS
$0.93+0.00%
4-Quarter Trend
FCF
$113.64M+0.00%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Quarterly Revenue Growth Strong Total revenues reached $416.13M for the quarter, increasing 11% versus $376.98M reported in 2024.
Net Income Substantially Rises Quarterly net income was $50.20M, showing substantial improvement from $37.47M reported in the prior period.
Client Funds Balance Surges Funds held for clients ballooned to $5.51B by period end, reflecting significant operational scale and timing.
Adjusted EBITDA Increased Quarterly Adjusted EBITDA grew to $142.73M, up $16.56M from $126.17M reported last year.
Risk Factors
New Tax Law Impact New tax legislation required valuation allowance increase due to deferred tax asset realizability uncertainty as of December 31, 2025.
BIPA Litigation Appeal Potential class action appeal regarding Illinois BIPA continues vigorously; ultimate disposition poses financial uncertainty risk.
Economic Headwinds Pressure Uncertain market conditions may impact revenue growth via client employee count fluctuations and elongated sales cycles.
Outlook
Strategic Investment Focus Plan to increase personnel across all functions, scaling infrastructure to support future client base growth.
Long-Term Margin Improvement Anticipate gaining economies of scale and increased operating leverage, improving gross and operating margins long term.
Active Share Repurchase Repurchase Program remains active; approximately $400.4M remains authorized for stock buybacks as of December 31, 2025.
Peer Comparison
Revenue (TTM)
$6.32B
$3.49B
$2.95B
Gross Margin (Latest Quarter)
79.6%
79.5%
74.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IDCC | $9.48B | 23.3 | 38.5% | 24.5% |
| NICE | $7.42B | 12.0 | 16.4% | 3.2% |
| PEGA | $7.40B | 18.8 | 60.1% | 4.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.9%
Flat Growth
4Q Net Income CAGR
-18.1%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 29, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data