Discontinued — last reported Q1 '24

Non-Current Assets

Software and Technology Licenses, Net

Paychex Software and Technology Licenses, Net increased by 3.8% to $139.60M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $119.50M to $139.60M. Over 4 years (FY 2021 to FY 2025), Software and Technology Licenses, Net shows an upward trend with a 39.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2019
Last reportedQ1 2024

How to read this metric

Growth indicates investment in new technology or design capabilities, while a decline suggests amortization outpacing new acquisitions.

Detailed definition

This represents the capitalized costs of acquired software and intellectual property licenses, net of accumulated amorti...

Peer comparison

Technology firms often hold significant intangible assets related to IP and software compared to non-tech industrial peers.

Metric ID: software_technology_licenses_net

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$34.20M$44.40M$50.70M$51.60M$53.70M$52.30M$60.60M$65.30M$65.20M$91.70M$91.90M$94.60M$115.00M$117.20M$119.10M$119.50M$128.50M$134.00M$134.50M$139.60M
QoQ Change+29.8%+14.2%+1.8%+4.1%-2.6%+15.9%+7.8%-0.2%+40.6%+0.2%+2.9%+21.6%+1.9%+1.6%+0.3%+7.5%+4.3%+0.4%+3.8%
YoY Change+57.0%+17.8%+19.5%+26.6%+21.4%+75.3%+51.7%+44.9%+76.4%+27.8%+29.6%+26.3%+11.7%+14.3%+12.9%+16.8%
Range$34.20M$139.60M
CAGR+34.5%
Avg YoY Growth+33.1%
Median YoY Growth+26.4%
Current Streak11 quarters growth

Frequently Asked Questions

What is Paychex's software and technology licenses, net?
Paychex (PAYX) reported software and technology licenses, net of $139.60M in Q4 2025.
How has Paychex's software and technology licenses, net changed year-over-year?
Paychex's software and technology licenses, net increased by 16.8% year-over-year, from $119.50M to $139.60M.
What is the long-term trend for Paychex's software and technology licenses, net?
Over 4 years (2021 to 2025), Paychex's software and technology licenses, net has grown at a 39.2% compound annual growth rate (CAGR), from $34.20M to $128.50M.
What does software and technology licenses, net mean?
The net book value of purchased software and technology rights used in business operations.