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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,887	1,758	1,586	1,343	1,056	841.43
Other Revenue	114.8	124.9	108	32.7	-	-
Revenue	2,001	1,883	1,694	1,375	1,056	841.43
Revenue Growth (YoY)	9.72%	11.19%	23.16%	30.29%	25.44%	14.07%
Cost of Revenue	264.3	267.4	223.7	169.8	130.48	97.78
Gross Profit	1,737	1,616	1,470	1,205	925.05	743.66
Selling, General & Admin	851.4	710.5	705.7	585.7	485.83	413.92
Research & Development	277.9	242.6	199	148.3	118.43	90.24
Operating Expenses	1,296	1,099	1,019	826.7	671.48	557.53
Operating Income	441	516.8	451.3	378.7	253.57	186.12
Interest Expense	-3.7	-3.4	-1.9	-2.5	-	-0.02
Other Non Operating Income (Expenses)	19.3	18.1	24.2	13.2	2.54	-0.17
EBT Excluding Unusual Items	458.7	531.5	473.6	389.4	256.11	185.94
Gain (Loss) on Sale of Assets	-	-	-	0.2	-0.15	-
Other Unusual Items	153.1	117.5	-1.2	-	-	-
Pretax Income	611.8	649	472.4	389.6	255.96	185.94
Income Tax Expense	158.6	147	131.6	108.2	60	42.48
Net Income	453.2	502	340.8	281.4	195.96	143.45
Net Income to Common	453.2	502	340.8	281.4	195.96	143.45
Net Income Growth	-3.61%	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)	-0.81%	-2.93%	-0.34%	0.01%	-0.16%	-0.19%
EPS (Basic)	8.09	8.93	5.91	4.86	3.39	2.49
EPS (Diluted)	8.05	8.92	5.88	4.84	3.37	2.46
EPS Growth	-2.95%	51.70%	21.49%	43.62%	36.99%	-20.41%
Free Cash Flow	394.4	341	292.4	232.4	198.67	133.11
Free Cash Flow Per Share	7.00	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	86.79%	85.80%	86.79%	87.65%	87.64%	88.38%
Operating Margin	22.04%	27.44%	26.65%	27.54%	24.02%	22.12%
Profit Margin	22.64%	26.66%	20.12%	20.46%	18.57%	17.05%
Free Cash Flow Margin	19.71%	18.11%	17.26%	16.90%	18.82%	15.82%
EBITDA	524.5	579.6	503.3	424.1	284.29	212.4
EBITDA Margin	26.21%	30.78%	29.72%	30.84%	26.93%	25.24%
D&A For EBITDA	83.5	62.8	52	45.4	30.72	26.27
EBIT	441	516.8	451.3	378.7	253.57	186.12
EBIT Margin	22.04%	27.44%	26.65%	27.54%	24.02%	22.12%
Effective Tax Rate	25.92%	22.65%	27.86%	27.77%	23.44%	22.85%
Revenue as Reported	2,001	1,883	1,694	1,375	1,056	841.43
Advertising Expenses	-	86.3	106.8	90.6	71.6	66.9

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q