What is Paycom Software's R&D?

Paycom Software (PAYC) reported R&D of $60.7M in Q1 2026.

How has Paycom Software's R&D changed year-over-year?

Paycom Software's R&D decreased by 2.6% year-over-year, from $62.3M to $60.7M.

What is the long-term trend for Paycom Software's R&D?

Over 4 years (2021 to 2025), Paycom Software's R&D has grown at a 24.4% compound annual growth rate (CAGR), from $118.43M to $283.4M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Paycom Software PAYC R&D

R&D at other companies

Automatic Data Processing, Inc.ADP

$253.9M+2.8%

IntuitINTU

$840M+18.8%

Workday, Inc.WDAY

$705M+6.3%

OracleORCL

$2.61B-1.5%

ServiceNowNOW

$823M+17.1%

PaylocityPCTY

$52.52M+2.2%

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 us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Paycom Software (PAYC) reported R&D of $60.7M in Q1 2026.
How has Paycom Software's R&D changed year-over-year?: Paycom Software's R&D decreased by 2.6% year-over-year, from $62.3M to $60.7M.
What is the long-term trend for Paycom Software's R&D?: Over 4 years (2021 to 2025), Paycom Software's R&D has grown at a 24.4% compound annual growth rate (CAGR), from $118.43M to $283.4M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.