Paylocity Holding Corporation (PCTY)

Paylocity Holding Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	1,427	1,282	1,098	847.69	631.73	546.21
Other Revenue	125.12	120.84	76.56	4.96	3.9	15.12
Revenue	1,552	1,403	1,175	852.65	635.63	561.33
Revenue Growth (YoY)	14.63%	19.40%	37.76%	34.14%	13.24%	20.04%
Cost of Revenue	483.76	439.84	365.68	285.89	218.64	181.43
Gross Profit	1,068	962.68	808.92	566.76	416.99	379.9
Selling, General & Admin	570.11	526.66	488.54	378.15	281.58	250.38
Research & Development	199.01	178.33	163.99	102.91	76.71	62.77
Other Operating Expenses	1.23	1.42	1.35	0.99	0.66	0.58
Operating Expenses	770.36	706.42	653.88	482.04	358.95	313.73
Operating Income	297.66	256.26	155.05	84.72	58.04	66.17
Interest Expense	-9.87	-0.76	-0.75	-0.5	-1	-0.7
Other Non Operating Income (Expenses)	19.91	17.68	4.34	-0.5	0.06	1.64
EBT Excluding Unusual Items	307.7	273.18	158.63	83.72	57.1	67.12
Merger & Restructuring Charges	-1.25	-0.47	-0.02	-0.12	-	-
Other Unusual Items	4.3	4.3	-	-	-	-
Pretax Income	310.75	277.02	158.61	83.6	57.1	67.12
Income Tax Expense	83.41	70.25	17.79	-7.18	-13.72	2.66
Net Income	227.34	206.77	140.82	90.78	70.82	64.46
Net Income to Common	227.34	206.77	140.82	90.78	70.82	64.46
Net Income Growth	16.46%	46.83%	55.13%	28.18%	9.87%	19.75%
Shares Outstanding (Basic)	56	56	56	55	54	54
Shares Outstanding (Diluted)	57	57	57	56	56	56
Shares Change (YoY)	-0.32%	0.67%	0.27%	0.25%	0.89%	0.71%
EPS (Basic)	4.07	3.68	2.53	1.65	1.30	1.20
EPS (Diluted)	4.01	3.63	2.49	1.61	1.26	1.15
EPS Growth	16.86%	45.78%	54.66%	27.78%	9.56%	18.56%
Free Cash Flow	397.64	366.64	260.81	136.98	115.39	96.08
Free Cash Flow Per Share	7.01	6.43	4.61	2.43	2.05	1.72
Gross Margin	68.83%	68.64%	68.87%	66.47%	65.60%	67.68%
Operating Margin	19.18%	18.27%	13.20%	9.93%	9.13%	11.79%
Profit Margin	14.65%	14.74%	11.99%	10.65%	11.14%	11.48%
Free Cash Flow Margin	25.62%	26.14%	22.20%	16.07%	18.15%	17.12%
EBITDA	334.85	287.44	184.47	109.67	77.79	84.82
EBITDA Margin	21.58%	20.50%	15.71%	12.86%	12.24%	15.11%
D&A For EBITDA	37.2	31.18	29.43	24.95	19.75	18.65
EBIT	297.66	256.26	155.05	84.72	58.04	66.17
EBIT Margin	19.18%	18.27%	13.20%	9.93%	9.13%	11.79%
Effective Tax Rate	26.84%	25.36%	11.22%	-	-	3.97%
Revenue as Reported	1,552	1,403	1,175	852.65	635.63	561.33
Advertising Expenses	-	22.41	15.7	8.34	3.19	1.02

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q