AI brief of an SEC Form 8-K · Paycom (PAYC)

Paycom Q1 revenue rises 6% to $531 million; company raises 2025 outlook

Mixed Impact 4 of 5 earnings Written later

Paycom reported first-quarter 2025 revenue of $530.5 million, up 6.1% from a year earlier, and non-GAAP net income of $157.7 million, or $2.80 per diluted share. GAAP net income fell to $139.4 million, or $2.48 per diluted share, from $247.2 million a year earlier, when results included a $117.5 million benefit from a forfeited CEO performance award. Chief executive Chad Richison said the company is raising its outlook for 2025.

Key points

  • Q1 2025 total revenues were $530.5 million, up 6.1% from $499.9 million.
  • GAAP net income was $139.4 million, or $2.48 per diluted share, versus $247.2 million, or $4.37, in Q1 2024, which included a $117.5 million benefit.
  • Non-GAAP net income was $157.7 million, or $2.80 per diluted share, versus $146.6 million, or $2.59, a year earlier.
  • 2025 guidance: total revenue of $2.023 billion to $2.038 billion and adjusted EBITDA of $843.0 million to $858.0 million.

The filing

CompanyPaycom (PAYC)
Form8-K, current report
Filed with the SECMay 7, 2025, 4:10 PM ET
Accession number0000950170-25-065659

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.