Paycom Software, Inc. (PAYC)

Paycom Software Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,842	1,758	1,586	1,343	1,056	841.43
Other Revenue	118.1	124.9	108	32.7	-	-
Revenue	1,960	1,883	1,694	1,375	1,056	841.43
Revenue Growth (YoY)	10.21%	11.19%	23.16%	30.29%	25.44%	14.07%
Cost of Revenue	271.1	267.4	223.7	169.8	130.48	97.78
Gross Profit	1,689	1,616	1,470	1,205	925.05	743.66
Selling, General & Admin	828.9	710.5	705.7	585.7	485.83	413.92
Research & Development	266.8	242.6	199	148.3	118.43	90.24
Operating Expenses	1,255	1,099	1,019	826.7	671.48	557.53
Operating Income	433.4	516.8	451.3	378.7	253.57	186.12
Interest Expense	-3.4	-3.4	-1.9	-2.5	-	-0.02
Other Non Operating Income (Expenses)	18.5	18.1	24.2	13.2	2.54	-0.17
EBT Excluding Unusual Items	449.8	531.5	473.6	389.4	256.11	185.94
Gain (Loss) on Sale of Assets	-	-	-	0.2	-0.15	-
Other Unusual Items	117.5	117.5	-1.2	-	-	-
Pretax Income	567.3	649	472.4	389.6	255.96	185.94
Income Tax Expense	151.6	147	131.6	108.2	60	42.48
Net Income	415.7	502	340.8	281.4	195.96	143.45
Net Income to Common	415.7	502	340.8	281.4	195.96	143.45
Net Income Growth	-11.96%	47.30%	21.11%	43.60%	36.60%	-20.56%
Shares Outstanding (Basic)	56	56	58	58	58	58
Shares Outstanding (Diluted)	56	56	58	58	58	58
Shares Change (YoY)	-1.85%	-2.93%	-0.34%	0.01%	-0.16%	-0.19%
EPS (Basic)	7.43	8.93	5.91	4.86	3.39	2.49
EPS (Diluted)	7.40	8.92	5.88	4.84	3.37	2.46
EPS Growth	-10.22%	51.70%	21.49%	43.62%	36.99%	-20.41%
Free Cash Flow	359.2	341	292.4	232.4	198.67	133.11
Free Cash Flow Per Share	6.39	6.06	5.04	3.99	3.41	2.28
Dividend Per Share	1.500	1.500	1.125	-	-	-
Dividend Growth	-	33.33%	-	-	-	-
Gross Margin	86.17%	85.80%	86.79%	87.65%	87.64%	88.38%
Operating Margin	22.11%	27.44%	26.65%	27.54%	24.02%	22.12%
Profit Margin	21.21%	26.66%	20.12%	20.46%	18.57%	17.05%
Free Cash Flow Margin	18.33%	18.11%	17.26%	16.90%	18.82%	15.82%
EBITDA	510	579.6	503.3	424.1	284.29	212.4
EBITDA Margin	26.02%	30.78%	29.72%	30.84%	26.93%	25.24%
D&A For EBITDA	76.6	62.8	52	45.4	30.72	26.27
EBIT	433.4	516.8	451.3	378.7	253.57	186.12
EBIT Margin	22.11%	27.44%	26.65%	27.54%	24.02%	22.12%
Effective Tax Rate	26.72%	22.65%	27.86%	27.77%	23.44%	22.85%
Revenue as Reported	1,960	1,883	1,694	1,375	1,056	841.43
Advertising Expenses	-	86.3	106.8	90.6	71.6	66.9

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q