Paylocity Q3 revenue rises 13% to $454.5 million; company raises fiscal 2025 guidance
Paylocity reported results for the third quarter of fiscal 2025, ended March 31, 2025. Total revenue rose 13% to $454.5 million and GAAP net income reached $91.5 million, or $1.61 per diluted share, compared with $1.50 a year earlier. The company said it raised its fiscal 2025 revenue and profitability guidance.
Key points
- Total revenue was $454.5 million, up 13% from $401.3 million in the third quarter of fiscal 2024; recurring and other revenue was $421.1 million, up 15%.
- GAAP net income was $91.5 million, or $1.61 per diluted share, versus $85.3 million, or $1.50 per diluted share, a year earlier.
- Fiscal 2025 total revenue is now expected to be $1.580 billion to $1.585 billion, and adjusted EBITDA $571.0 million to $575.0 million.
- The company repurchased $150 million, or approximately 800,000 shares, through April 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 01, 2025.
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