Paycom Software PAYC Funds Held for Clients
Funds Held for Clients at other companies
Other financials
Where this comes from
Reported directly by Paycom Software in its filing.
Tagged under the XBRL concept us-gaap:FundsHeldForClients.
The official record: Paycom Software’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Paycom Software's funds held for clients?
- Paycom Software (PAYC) reported funds held for clients of $2.62B in Q1 2026.
- How has Paycom Software's funds held for clients changed year-over-year?
- Paycom Software's funds held for clients increased by 17.1% year-over-year, from $2.24B to $2.62B.
- What is the long-term trend for Paycom Software's funds held for clients?
- Over 5 years (2020 to 2025), Paycom Software's funds held for clients has grown at a 26.1% compound annual growth rate (CAGR), from $1.61B to $5.14B.
- What does funds held for clients mean?
- This represents cash and cash equivalents collected from clients for the purpose of fulfilling payroll and tax obligations on their behalf. These funds are restricted and held in fiduciary capacity until the payment date. Monitoring this balance helps investors understand the scale of the company's payroll processing operations and the associated float.