Paylocity Holding Corporation (PCTY)

Paylocity Holding Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	1,472	1,282	1,098	847.69	631.73
Other Revenue	123.42	120.84	76.56	4.96	3.9
Revenue	1,595	1,403	1,175	852.65	635.63
Revenue Growth (YoY)	13.74%	19.40%	37.76%	34.14%	13.24%
Cost of Revenue	495.49	439.84	365.68	285.89	218.64
Gross Profit	1,100	962.68	808.92	566.76	416.99
Selling, General & Admin	587.12	526.66	488.54	378.15	281.58
Research & Development	205.85	178.33	163.99	102.91	76.71
Other Operating Expenses	1.37	1.42	1.35	0.99	0.66
Operating Expenses	794.34	706.42	653.88	482.04	358.95
Operating Income	305.39	256.26	155.05	84.72	58.04
Interest Expense	-13.05	-0.76	-0.75	-0.5	-1
Other Non Operating Income (Expenses)	18.09	17.68	4.34	-0.5	0.06
EBT Excluding Unusual Items	310.43	273.18	158.63	83.72	57.1
Merger & Restructuring Charges	-1.37	-0.47	-0.02	-0.12	-
Other Unusual Items	-	4.3	-	-	-
Pretax Income	309.06	277.02	158.61	83.6	57.1
Income Tax Expense	81.94	70.25	17.79	-7.18	-13.72
Net Income	227.13	206.77	140.82	90.78	70.82
Net Income to Common	227.13	206.77	140.82	90.78	70.82
Net Income Growth	9.85%	46.83%	55.13%	28.18%	9.87%
Shares Outstanding (Basic)	56	56	56	55	54
Shares Outstanding (Diluted)	57	57	57	56	56
Shares Change (YoY)	-0.75%	0.67%	0.27%	0.25%	0.89%
EPS (Basic)	4.08	3.68	2.53	1.65	1.30
EPS (Diluted)	4.02	3.63	2.49	1.61	1.26
EPS Growth	10.74%	45.78%	54.66%	27.78%	9.56%
Free Cash Flow	405.15	366.64	260.81	136.98	115.39
Free Cash Flow Per Share	7.17	6.43	4.61	2.43	2.05
Gross Margin	68.94%	68.64%	68.87%	66.47%	65.60%
Operating Margin	19.14%	18.27%	13.20%	9.93%	9.13%
Profit Margin	14.24%	14.74%	11.99%	10.65%	11.14%
Free Cash Flow Margin	25.40%	26.14%	22.20%	16.07%	18.15%
EBITDA	345.08	287.44	184.47	109.67	77.79
EBITDA Margin	21.63%	20.50%	15.71%	12.86%	12.24%
D&A For EBITDA	39.69	31.18	29.43	24.95	19.75
EBIT	305.39	256.26	155.05	84.72	58.04
EBIT Margin	19.14%	18.27%	13.20%	9.93%	9.13%
Effective Tax Rate	26.51%	25.36%	11.22%	-	-
Revenue as Reported	1,595	1,403	1,175	852.65	635.63
Advertising Expenses	19.8	22.41	15.7	8.34	3.19

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

SEC Filings: 10-K · 10-Q