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State taxes at other companies

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ServiceNowNOW
$20.75M+50.9%

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$5.82B-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 us-gaap:IncomeTaxPaidStateAndLocalAfterRefundReceived.

The official record: Paycom Software’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paycom Software's state taxes?
Paycom Software (PAYC) reported state taxes of $19.53M in Q4 2025.
How has Paycom Software's state taxes changed year-over-year?
Paycom Software's state taxes decreased by 42.1% year-over-year, from $33.7M to $19.53M.
What is the long-term trend for Paycom Software's state taxes?
Over 2 years (2023 to 2025), Paycom Software's state taxes has grown at a -25.0% compound annual growth rate (CAGR), from $138.8M to $78.1M.
What does state taxes mean?
This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.