Every material Form 8-K Paycom filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Paycom Software reported third-quarter 2025 revenue of $493.3 million, up 9.1% from a year earlier, and GAAP diluted earnings of $1.96 per share, up from $1.31. GAAP results include a $26.3 million tax-adjusted gain from modifying a naming rights agreement, and the company issued full-year 2025 guidance for revenue of $2.045 billion to $2.055 billion and adjusted EBITDA of $872 million to $882 million.
Q3 total revenue $493.3 million, up 9.1% from $451.9 million
GAAP net income $110.7 million, or $1.96 per diluted share, versus $73.3 million, or $1.31, a year earlier; includes a $26.3 million tax-adjusted naming rights gain
Non-GAAP net income $109.6 million, or $1.94 per diluted share, versus $93.4 million, or $1.67
Full-year 2025 guidance: revenue $2.045 billion to $2.055 billion; adjusted EBITDA $872 million to $882 million
Paycom Software director Felicia Williams notified the board on September 16, 2025 that she will retire from the board and all its committees, effective September 30, 2025. The board will shrink from eight to seven directors, and Frederick C. Peters II will take over as audit committee chairperson; the filing says the retirement is not due to any disagreement with the company.
Felicia Williams retires from the board and all committees effective September 30, 2025
Board size reduced from eight to seven directors upon her retirement
Frederick C. Peters II replaces Williams as audit committee chairperson effective the same date
Filing states the retirement is not related to any disagreement on company operations, policies or practices
Paycom announced that Chief Information Officer Brad Smith will resign effective October 31, 2025, and move to the role of Senior Technical Strategist. The Board also reorganized executive responsibilities, naming Shane Hadlock chief technology officer alongside his chief client officer role and Rachael Gannon chief automation officer. The filing contains no financial results; the changes are personnel and compensation matters that shareholders may watch for effects on IT leadership.
Brad Smith intends to resign as CIO effective October 31, 2025, and will become Senior Technical Strategist for Paycom Payroll, LLC
Shane Hadlock's 2025 cash bonus is $500,000 with base salary of $550,000; Rachael Gannon's 2025 cash bonus is $200,000 with base salary of $525,000
Smith's transition agreement accelerates vesting of 7,000 restricted shares and 5,393 restricted stock units, and cancels 19,000 unvested restricted shares and 7,901 unvested RSUs
Changes were approved by the Board on August 18, 2025; Chad Richison, Bob Foster, Amy Vickroy Walker and Randy Peck were also designated executive officers
Paycom reported second-quarter 2025 revenue of $483.6 million, up 10.5% from a year earlier, and GAAP net income of $89.5 million, or $1.58 per diluted share, versus $1.20 a year earlier. CEO Chad Richison said the company is raising its 2025 growth and margin targets, and the new outlook calls for total revenue of $2.045 billion to $2.055 billion and adjusted EBITDA of $872.0 million to $882.0 million.
Q2 2025 total revenue $483.6 million, up 10.5% from $437.5 million; recurring and other revenue up 12.2%
GAAP diluted EPS $1.58 vs. $1.20 a year earlier; non-GAAP diluted EPS $2.06 vs. $1.62
2025 outlook: total revenue $2.045 billion to $2.055 billion; adjusted EBITDA $872.0 million to $882.0 million, about 43% margin at midpoint
Cash and equivalents $532.2 million and total debt $0 as of June 30, 2025
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.
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.
Paycom Software said its board appointed Bob Foster as chief financial officer, effective Feb. 21, 2025, when Craig Boelte retires. Boelte had told the board on July 31, 2024 that he intended to retire within nine to 12 months. The change moves the finance leadership role to an executive who has served as the company's executive vice president of accounting and finance since October 2024.
Bob Foster, 63, takes the CFO role effective Feb. 21, 2025, succeeding Craig Boelte, who retires that day.
Foster has been executive vice president of accounting and finance since October 2024 and joined the company in November 2022.
Foster previously led payroll company iiPay, including as chief executive officer from 2016 to October 2022, and was a senior partner at Ernst & Young.
Foster's annual base salary in the new role is $545,000, and he is eligible for the Annual Incentive Plan and equity awards.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Paycom filing is on SEC EDGAR ↗. 8-K briefs of other companies →