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Paycom Software PAYC Gain On Modification Of Naming Rights Agreement

Gain On Modification Of Naming Rights Agreement at other companies

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$3.75M
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$0-100%
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$0+100%
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$0-100%
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$0-100%
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$0

Other financials

Income statement

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Revenue$571.9M+7.8%
Gross profit$484.6M+8.7%
Operating income$210.2M+13.6%
Net income$155.7M+11.7%
EPS (diluted)$3.04+22.6%

Balance sheet

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Cash & equivalents$153.9M-70.4%
Total debt$763.6M+837%
Total equity$811.7M-52.7%
Total assets$4.8B+5.4%

Cash flow

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Operating cash flow$213.8M+17.2%
CapEx$31.2M-17.2%
Free cash flow$182.6M+26.1%

Valuation

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Market cap$5.79B-47.2%

Profitability

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Gross margin83.4%+1.2pp
Operating margin28.3%+0.4pp
Net margin22.4%+1.8pp
FCF margin21.3%+1.2pp

Returns & leverage

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Return on equity37.1%+12.2pp
Debt / equity0.9×+0.9×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Paycom Software in its filing.

Tagged under the XBRL concept payc:GainOnModificationOfNamingRightsAgreement.

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 gain on modification of naming rights agreement?
Paycom Software (PAYC) reported gain on modification of naming rights agreement of $9M in Q1 2026.
How has Paycom Software's gain on modification of naming rights agreement changed year-over-year?
Paycom Software's gain on modification of naming rights agreement increased by 1.1% year-over-year, from $8.9M to $9M.
What does gain on modification of naming rights agreement mean?
This represents a one-time financial gain resulting from the renegotiation or adjustment of contractual naming rights for corporate assets or sponsorships. It is typically considered a non-recurring item that impacts net income but does not reflect core operational performance. Analysts exclude this from core earnings to better evaluate the company's underlying business trajectory.