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NYSE · Technology

Paycom Software, Inc. (PAYC)

As-reported financials and SEC filings for Paycom Software, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Paycom Software, Inc.

Paycom Software, Inc. provides a cloud-based human capital management (HCM) solution delivered as software-as-a-service. Its platform manages the entire employment lifecycle, including payroll, talent acquisition, HR management, and time and labor management, serving businesses with 50 to over 10,000 employees. The company offers real-time data analytics, employee self-service tools, and personalized client support through a single integrated database.

Snapshot

Revenue
$2.05B
Revenue growth (YoY)
8.9%
Net income
$453.4M
Diluted EPS
$8.08
Gross margin
83.2%
Operating margin
27.6%
Net margin
22.1%
FCF margin
19.9%
ROE
26.2%
net income / fiscal-year-end equity
P/E
25.2×
trailing when available, otherwise FY EPS
Market cap
$10.75B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Paycom Software

  • Revenue grew 8.9% to $2.1B in FY2025, slower than the 11.2% the year before.
  • Operating margin is 27.6% in FY2025, +3.6 pp against 24.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $531M, up 9.8% from Q2 FY2025.
  • Free cash flow was $408M in FY2025, 19.9% of revenue.
  • Net income fell 9.7% to $453M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Paycom Software’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin83.2%
90th percentile of 264
Operating margin27.6%
91st percentile of 303
Net margin22.1%
86th percentile of 307
FCF margin19.9%
63rd percentile of 285
Revenue growth (YoY)+8.9%
44th percentile of 325
ROE26.2%
84th percentile of 285
P/E25.2×
49th percentile of 169
Short interest2.14d
31st percentile of 330

Paycom Software’s operating margin of 27.6% ranks in the 91st percentile of the 303 software companies reporting it. Paycom Software’s gross margin of 83.2% ranks in the 90th percentile of the 264 software companies reporting it. Paycom Software’s net margin of 22.1% ranks in the 86th percentile of the 307 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $670,163. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+4 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$709.1M
reported long value
InvestorAs ofPosition valueSharesChange
Harris Associates (Oakmark)Q2 2026$427.0M3.4MAdded
Two Sigma InvestmentsquantQ2 2026$176.1M1.4MReduced
Gotham Asset ManagementQ2 2026$45.8M364.2KAdded
AQR Capital ManagementquantQ2 2026$37.9M301.4KAdded
Millennium ManagementquantQ2 2026$15.1M120.0KReduced
Citadel AdvisorsquantQ2 2026$4.9M38.8KReduced
Bridgewater AssociatesQ2 2026$2.5M19.7KNew

No longer held by: D. E. Shaw (as of Q2 2026), Polen Capital Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$670K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-08-31
Hadlock Terrell ShanePresident/Chief Client OfficerSell241$240.07$58K
2026-08-27
filed 2026-08-31
Hadlock Terrell ShanePresident/Chief Client OfficerSell1.6K$237.00$388K
2026-08-27
filed 2026-08-31
Hadlock Terrell ShanePresident/Chief Client OfficerSell938$238.66$224K
2026-05-18
filed 2026-05-19
Peck RandallChief Operating OfficerSell2.5K$140.50$351K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.6M
settled 2026-08-14
Change vs prior
-19.4%
vs previous settlement
Days to cover
2.14
at avg daily volume
Avg daily volume
1.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.6M-19.4%2.14
2026-07-313.3M-9.1%4.09
2026-07-153.6M-7.2%4.41
2026-06-303.9M-2.8%2.95
2026-06-154.0M+0.5%4.69
2026-05-294.0M-4.6%4.86
2026-05-154.2M-6.5%3.42
2026-04-304.5M-6.0%5.51

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.05B$1.88B$1.69B$1.38B$1.06B
Gross profit$1.71B$1.55B$1.42B$1.16B$893.6M
Operating income$567.2M$634.3M$451.3M$378.7M$253.6M
Net income$453.4M$502.0M$340.8M$281.4M$196.0M
Diluted EPS$8.08$8.92$5.88$4.84$3.37

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$370.0M$402.0M$294.0M$400.7M$278.0M
Current assets$5.84B$4.30B$2.81B$2.76B$2.25B
Total assets$7.60B$5.86B$4.20B$3.90B$3.22B
Current liabilities$5.37B$3.91B$2.53B$2.38B$1.99B
Long-term debt$29.0M$27.4M
Total liabilities$5.87B$4.28B$2.89B$2.72B$2.32B
Total equity$1.73B$1.58B$1.30B$1.18B$893.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$678.9M$533.9M$485.0M$365.1M$319.4M
Capital expenditure$270.9M$192.9M$192.6M$132.7M$120.7M
Free cash flow$408.0M$341.0M$292.4M$232.4M$198.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$531.2M9.8%$107.4M$2.34
Q1 FY2026$571.9M7.8%$155.7M$3.04
Q4 FY2025$544.3M10.2%$113.8M$2.06
Q3 FY2025$493.3M9.2%$110.7M$1.96
Q2 FY2025$483.6M10.5%$89.5M$1.58
Q1 FY2025$530.5M6.1%$139.4M$2.48
Q4 FY2024$493.9M13.6%$113.6M$2.03
Q3 FY2024$451.9M11.2%$73.3M$1.31

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2015
SEC CIK1590955

Selected SEC filings

10-K2026-02-19
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-07-09
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.