Paycom Software, Inc. (PAYC)

Paycom Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,694	1,375	1,056	841.43	737.67
Revenue Growth (YoY)	23.16%	30.29%	25.44%	14.07%	30.25%
Cost of Revenue	276.29	212.74	161.89	123.55	109.75
Gross Profit	1,417	1,162	893.64	717.89	627.92
Selling, General & Admin	705.75	585.69	485.83	413.92	306.82
Research & Development	198.95	148.34	118.43	90.24	73.08
Other Operating Expenses	61.36	49.76	35.81	27.61	21.8
Operating Expenses	966.06	783.8	640.07	531.77	401.7
Operating Income	451.32	378.68	253.57	186.12	226.22
Interest Expense / Income	1.93	2.54	0	0.02	0.94
Other Expense / Income	-23	-13.44	-2.4	0.17	-0.8
Pretax Income	472.4	389.58	255.96	185.94	226.09
Income Tax	131.61	108.19	60	42.48	45.51
Net Income	340.79	281.39	195.96	143.45	180.58
Net Income Growth	21.11%	43.60%	36.60%	-20.56%	31.74%
Shares Outstanding (Basic)	58	58	58	58	58
Shares Outstanding (Diluted)	58	58	58	58	58
Shares Change	-0.35%	-0.03%	-0.16%	-0.19%	-0.32%
EPS (Basic)	5.91	4.86	3.39	2.49	3.14
EPS (Diluted)	5.88	4.84	3.37	2.46	3.09
EPS Growth	21.49%	43.62%	36.99%	-20.39%	32.05%
Free Cash Flow	292.57	232.43	198.67	133.11	131.33
Free Cash Flow Per Share	5.07	4.01	3.43	2.31	2.28
Dividend Per Share	1.125	-	-	-	-
Gross Margin	83.69%	84.53%	84.66%	85.32%	85.12%
Operating Margin	26.65%	27.54%	24.02%	22.12%	30.67%
Profit Margin	20.12%	20.46%	18.57%	17.05%	24.48%
Free Cash Flow Margin	17.27%	16.90%	18.82%	15.82%	17.80%
Effective Tax Rate	27.86%	27.77%	23.44%	22.85%	20.13%
EBITDA	588.27	484.81	323.18	239.33	269.24
EBITDA Margin	34.73%	35.25%	30.62%	28.44%	36.50%
Depreciation & Amortization	113.95	92.7	67.22	53.37	42.21
EBIT	474.33	392.11	255.96	185.96	227.03
EBIT Margin	28.01%	28.51%	24.25%	22.10%	30.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).