AI brief of an SEC Form 8-K · Paylocity (PCTY)

Paylocity Q2 revenue rises 16% to $377.0 million; raises fiscal 2025 guidance

Mixed Impact 4 of 5 earnings Written later

Paylocity reported second-quarter fiscal 2025 results for the three months ended December 31, 2024, with total revenue of $377.0 million, up 16% from a year earlier. GAAP net income was $37.5 million, or $0.66 per diluted share, down from $38.1 million, or $0.67, a year earlier, and the company said it increased its revenue and profitability guidance for fiscal 2025.

Key points

  • Total revenue was $377.0 million, up 16%; recurring and other revenue was $347.7 million, up 17%.
  • GAAP net income was $37.5 million, or $0.66 per diluted share, versus $38.1 million, or $0.67, a year earlier.
  • Fiscal 2025 total revenue is now expected at $1.558 billion to $1.568 billion; adjusted EBITDA at $542.0 million to $550.0 million.
  • Long-term debt of $325.0 million reflects borrowings to fund the Airbase acquisition on October 1, 2024.

The filing

CompanyPaylocity (PCTY)
Form8-K, current report
Filed with the SECFeb 6, 2025, 4:06 PM ET
Accession number0001591698-25-000008

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 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 February 06, 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.