Paylocity (PCTY)

Nasdaq Industrials Human Resource & Employment Services S&P MidCap 400

$173.15

+3.58 (+2.11%)

Close of Nov 06, 2026 · end-of-day data

Source: Paylocity's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$300.01M	$368.43M	$447.75M	$546.21M	$631.73M	$847.69M	$1.10B	$1.28B	$1.47B	$1.65B
Cost of revenue	$123.99M	$149.20M	$153.85M	$182.01M	$219.30M	$287.00M	$367.04M	$441.73M	$498.22M	$545.82M
Gross profit	$176.02M	$228.33M	$313.78M	$379.32M	$416.33M	$565.65M	$807.56M	$960.79M	$1.10B	$1.23B
Research & development	$29.10M	$37.65M	$50.33M	$62.77M	$76.71M	$102.91M	$163.99M	$178.33M	$205.85M	$221.39M
Operating income	$7.30M	$15.95M	$56.22M	$66.17M	$58.04M	$84.59M	$155.03M	$260.09M	$304.02M	$385.99M
Pre-tax income	$7.37M	$16.75M	$58.05M	$67.12M	$57.10M	$83.60M	$158.61M	$277.01M	$309.06M	$387.30M
Income tax	$651.00K	-$21.85M	$4.22M	$2.66M	-$13.71M	-$7.18M	$17.79M	$70.25M	$81.94M	$117.56M
Net income	$6.72M	$38.60M	$53.82M	$64.45M	$70.82M	$90.78M	$140.82M	$206.77M	$227.13M	$269.74M
EBITDA	$28.32M	$46.15M	$90.79M	$104.08M	$101.02M	$134.81M	$215.89M	$336.52M	$403.66M	$497.79M
EPS (basic)	$0.13	$0.74	$1.02	$1.20	$1.30	$1.65	$2.53	$3.68	$4.08	$4.99
EPS (diluted)	$0.12	$0.70	$0.97	$1.15	$1.26	$1.61	$2.49	$3.63	$4.02	$4.92
Diluted shares	54.06M	54.89M	55.41M	55.81M	56.30M	56.45M	56.60M	56.98M	56.55M	54.77M
Gross margin	58.7%	62.0%	70.1%	69.4%	65.9%	66.7%	73.5%	75.0%	74.5%	74.2%
Operating margin	2.4%	4.3%	12.6%	12.1%	9.2%	10.0%	14.1%	20.3%	20.7%	23.4%
Net margin	2.2%	10.5%	12.0%	11.8%	11.2%	10.7%	12.8%	16.1%	15.4%	16.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$103.47M	$137.19M	$132.48M	$250.85M	$202.29M	$139.76M	$288.77M	$401.81M	$398.07M	$271.92M
Short-term investments	—	$732.00K	$29.31M	$34.56M	$4.46M	$0	—	—	—	—
Receivables	$2.04M	$3.45M	$4.36M	$4.92M	$6.27M	$15.75M	$25.09M	$33.00M	$41.64M	$50.09M
Total current assets	$1.06B	$1.38B	$1.60B	$1.66B	$2.03B	$4.23B	$3.05B	$3.52B	$3.31B	$3.59B
Goodwill	$6.00M	$9.59M	$9.59M	$21.66M	$33.65M	$101.95M	$102.05M	$108.94M	$343.10M	$378.96M
Total assets	$1.14B	$1.51B	$1.80B	$1.99B	$2.41B	$4.81B	$3.70B	$4.25B	$4.39B	$4.88B
Total current liabilities	$974.81M	$1.27B	$1.46B	$1.41B	$1.87B	$4.12B	$2.77B	$3.12B	$2.91B	$3.42B
Long-term debt	—	—	—	$100.00M	—	—	—	$0	$162.50M	$81.25M
Total debt	—	—	—	$100.00M	—	—	—	$0	$162.50M	$81.25M
Total liabilities	$989.83M	$1.29B	$1.50B	$1.59B	$1.94B	$4.20B	$2.85B	$3.21B	$3.16B	$3.66B
Shareholders' equity	$147.61M	$212.82M	$307.96M	$392.91M	$476.93M	$613.46M	$842.86M	$1.03B	$1.23B	$1.22B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$61.98M	$97.87M	$115.03M	$112.66M	$124.85M	$155.05M	$282.72M	$384.67M	$418.23M	$533.25M
Capital expenditures	$21.34M	$21.68M	$11.28M	$16.58M	$9.46M	$18.07M	$21.91M	$18.03M	$13.07M	$36.15M
Free cash flow	$40.64M	$76.19M	$103.75M	$96.08M	$115.39M	$136.98M	$260.81M	$366.64M	$405.15M	$497.10M
Investing cash flow	-$37.82M	-$179.28M	-$43.34M	-$48.76M	$48.42M	-$479.77M	-$220.16M	-$101.89M	-$455.55M	-$154.79M
Financing cash flow	-$304.35M	$275.22M	$114.72M	$2.09M	$280.48M	$2.17B	-$1.43B	$141.58M	-$325.82M	$8.98M
Share buybacks	—	—	$34.99M	—	—	$0	$0	$150.00M	$149.64M	$398.11M
Stock-based compensation	$26.73M	$30.35M	$38.77M	$47.49M	$63.05M	$96.20M	$147.30M	$146.03M	$142.82M	$138.66M
Depreciation & amortization	$21.03M	$30.20M	$34.56M	$37.91M	$42.97M	$50.22M	$60.87M	$76.43M	$99.64M	$111.80M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$298.42M	$366.84M	$324.74M	$333.11M	$347.71M	$421.10M	$369.89M	$378.86M	$386.98M	$469.93M	$415.59M	$424.47M
Cost of revenue	$107.40M	$115.98M	$116.88M	$114.96M	$124.55M	$129.85M	$128.87M	$128.38M	$134.00M	$139.10M	$144.35M	$147.57M
Gross profit	$218.96M	$285.30M	$240.41M	$248.00M	$252.44M	$324.69M	$271.87M	$279.79M	$282.14M	$363.19M	$300.38M	$304.10M
Research & development	$46.14M	$43.39M	$44.20M	$47.26M	$56.16M	$51.40M	$51.04M	$55.61M	$57.74M	$52.52M	$55.53M	$59.04M
Operating income	$49.71M	$106.29M	$62.91M	$64.14M	$46.62M	$127.03M	$66.23M	$74.21M	$70.38M	$156.98M	$84.42M	$82.21M
Pre-tax income	$53.51M	$110.61M	$68.48M	$68.89M	$46.82M	$126.56M	$66.80M	$74.91M	$70.18M	$157.04M	$85.17M	$82.58M
Income tax	$15.39M	$25.30M	$19.66M	$19.31M	$9.35M	$35.08M	$18.19M	$26.92M	$19.98M	$45.79M	$24.87M	$24.94M
Net income	$38.12M	$85.31M	$48.82M	$49.57M	$37.47M	$91.48M	$48.61M	$47.99M	$50.20M	$111.25M	$60.30M	$57.64M
EBITDA	$68.09M	$126.57M	$83.56M	$85.70M	$72.28M	$153.00M	$92.68M	$101.66M	$98.18M	$184.28M	$113.67M	$112.11M
EPS (basic)	$0.68	$1.51	$0.87	$0.89	$0.67	$1.64	$0.88	$0.87	$0.93	$2.07	$1.13	$1.09
EPS (diluted)	$0.67	$1.50	$0.86	$0.88	$0.66	$1.61	$0.87	$0.86	$0.92	$2.05	$1.11	$1.07
Diluted shares	56.85M	57.05M	1.00K	56.27M	56.74M	56.78M	-90.00K	55.86M	54.77M	54.27M	-246.00K	53.72M
Gross margin	73.4%	77.8%	74.0%	74.4%	72.6%	77.1%	73.5%	73.9%	72.9%	77.3%	72.3%	71.6%
Operating margin	16.7%	29.0%	19.4%	19.3%	13.4%	30.2%	17.9%	19.6%	18.2%	33.4%	20.3%	19.4%
Net margin	12.8%	23.3%	15.0%	14.9%	10.8%	21.7%	13.1%	12.7%	13.0%	23.7%	14.5%	13.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$366.90M	$492.69M	$401.81M	$778.55M	$482.36M	$477.79M	$398.07M	$165.19M	$162.50M	$299.73M	$271.92M	$194.52M
Receivables	$32.48M	$33.71M	$33.00M	$34.32M	$43.47M	$43.63M	$41.64M	$41.72M	$44.01M	$48.37M	$50.09M	$56.95M
Total current assets	$3.81B	$4.25B	$3.52B	$3.30B	$4.24B	$4.10B	$3.31B	$3.16B	$5.89B	$4.36B	$3.59B	$3.21B
Goodwill	$109.56M	$108.53M	$108.94M	$108.86M	$342.95M	$342.80M	$343.10M	$343.16M	$343.16M	$343.16M	$378.96M	$386.51M
Total assets	$4.49B	$4.95B	$4.25B	$4.02B	$5.29B	$5.17B	$4.39B	$4.24B	$6.97B	$5.44B	$4.88B	$4.55B
Total current liabilities	$3.42B	$3.77B	$3.12B	$2.50B	$3.71B	$3.62B	$2.91B	$2.95B	$5.68B	$4.04B	$3.42B	$3.10B
Long-term debt	—	—	$0	$325.00M	$325.00M	$243.75M	$162.50M	$81.25M	$81.25M	$81.25M	$81.25M	$131.25M
Total debt	—	—	$0	$325.00M	$325.00M	$243.75M	$162.50M	$81.25M	$81.25M	$81.25M	$81.25M	$131.25M
Total liabilities	$3.51B	$3.85B	$3.21B	$2.92B	$4.12B	$3.96B	$3.16B	$3.13B	$5.87B	$4.26B	$3.66B	$3.40B
Shareholders' equity	$986.77M	$1.10B	$1.03B	$1.11B	$1.17B	$1.21B	$1.23B	$1.10B	$1.10B	$1.18B	$1.22B	$1.15B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$75.07M	$167.53M	$79.93M	$91.45M	$54.20M	$186.00M	$86.57M	$86.46M	$117.00M	$217.90M	$111.89M	$79.69M
Capital expenditures	$2.69M	$5.56M	$6.33M	$2.33M	$2.98M	$2.31M	$5.45M	$3.80M	$3.36M	$8.36M	$20.63M	$3.10M
Free cash flow	$72.38M	$161.97M	$73.60M	$89.13M	$51.22M	$183.69M	$81.12M	$82.66M	$113.64M	$209.55M	$91.26M	$76.58M
Investing cash flow	-$52.78M	-$14.22M	-$25.48M	-$13.33M	-$287.64M	-$27.58M	-$127.00M	-$17.69M	-$9.79M	-$26.22M	-$101.08M	-$30.58M
Financing cash flow	$752.32M	$297.61M	-$785.95M	-$318.29M	$1.15B	-$291.96M	-$869.39M	-$229.69M	$2.63B	-$1.72B	-$671.50M	-$430.20M
Share buybacks	—	$0	$150.00M	$0	$8.39M	$82.69M	$58.56M	$200.00M	$100.00M	$50.00M	$48.11M	$152.50M
Stock-based compensation	$43.21M	$34.95M	$28.87M	$33.54M	$43.67M	$35.33M	$30.28M	$37.85M	$42.24M	$31.41M	$27.15M	$43.25M
Depreciation & amortization	$18.38M	$20.28M	$20.65M	$21.55M	$25.66M	$25.97M	$26.45M	$27.45M	$27.80M	$27.30M	$29.24M	$29.90M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.