Can Paylocity cover its short-term obligations?

Its current ratio is 1.08 — current assets exceed current liabilities.

Where does Paylocity's balance sheet data come from?

Every line is extracted from Paylocity's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Paylocity PCTY Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$2.48B-12.8%	$2.85B+17.5%	$2.42B-36.2%	$3.79B+94.9%
Accounts receivable, net	$41.64M+26.2%	$33M+31.5%	$25.09M+59.2%	$15.75M+151%
Prepaid expenses and other current assets	$50.94M+28.1%	$39.77M+13.4%	$35.06M+21.3%	$28.9M+81.0%
Trading assets	——	——	——	——
Total current assets	$3.31B-6.0%	$3.52B+15.6%	$3.05B-28.0%	$4.23B+108%
Property and equipment, net	$54.21M-10.6%	$60.64M-5.4%	$64.07M+2.0%	$62.84M+5.0%
Accumulated depreciation	$103.71M+14.5%	$90.58M+16.3%	$77.89M+6.9%	$72.83M+16.1%
Operating lease right-of-use assets	$36M+6.5%	$33.79M-23.3%	$44.07M-10.5%	$49.21M+11.9%
Goodwill	$343.1M+215%	$108.94M+6.7%	$102.05M+0.1%	$101.95M+203%
Intangible assets, net	$92.67M+228%	$28.29M-18.1%	$34.53M-24.1%	$45.48M+249%
Deferred tax assets	$32.56M-22.2%	$41.82M+254%	$11.82M+433%	$2.22M+24.6%
Other non-current assets	$393.67M+13.1%	$348M+18.3%	$294.22M+28.4%	$229.07M+34.2%
Long-term investments	$3.1B-7.5%	$3.35B+15.2%	$2.91B-29.5%	$4.13B+110%
Total assets	$4.39B+3.4%	$4.25B+14.9%	$3.7B-23.2%	$4.81B+99.1%
Accounts payable	$17.35M+101%	$8.64M+40.4%	$6.15M-26.5%	$8.37M+98.0%
Accrued expenses	$106.81M-32.5%	$158.31M+10.5%	$143.29M+15.2%	$124.38M+20.6%
Deferred revenue	$35.72M+37.7%	$25.95M+5.7%	$24.54M+81.1%	$13.55M+43.5%
Operating lease liabilities, current	$8.62M+12.9%	$7.63M-2.1%	$7.8M-7.1%	$8.4M+11.3%
Contract liabilities	$28.31M+13.8%	$24.88M+10.0%	$22.62M+84.9%	$12.23M+40.1%
Total current liabilities	$2.91B-6.8%	$3.12B+12.3%	$2.77B-32.7%	$4.12B+121%
Long-term debt	$162.5M—	$0—	——	——
Operating lease liabilities, non-current	$46.77M-0.1%	$46.81M-25.1%	$62.47M-9.6%	$69.12M+2.9%
Other non-current liabilities	$8.58M+34.1%	$6.4M+71.5%	$3.73M+1.4%	$3.68M+88.0%
Total liabilities	$3.16B-1.8%	$3.21B+12.6%	$2.85B-32.0%	$4.2B+116%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	155M+276,686%	56K0.0%	56K+1.8%	55K0.0%
Additional paid-in capital	$327.52M-9.1%	$360.49M-5.3%	$380.63M+31.3%	$289.84M+19.9%
Retained earnings	$900.58M+33.7%	$673.46M+44.3%	$466.69M+43.2%	$325.87M+38.6%
Accumulated other comprehensive income (loss)	$5.59M+697%	-$936K+79.3%	-$4.52M-96.0%	-$2.3M-3,589%
Total stockholders' equity	$1.23B+19.4%	$1.03B+22.6%	$842.86M+37.4%	$613.46M+28.6%
Total liabilities and stockholders' equity	$4.39B+3.4%	$4.25B+14.9%	$3.7B-23.2%	$4.81B+99.1%
Available-for-Sale Debt Securities - Amortized Cost	——	——	——	——
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	——	——	——	——
Available-for-Sale Debt Securities - Fair Value by Maturity	——	——	——	——
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$12.23M-89.9%	$121.14M+15.6%	$104.82M—	$0—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$12.23M-89.9%	$121.14M+15.6%	$104.82M—	$0—
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$88.48M-43.0%	$155.24M-54.9%	$344.04M+20.4%	$285.65M—
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$88.48M-43.0%	$155.24M-54.9%	$344.04M+20.4%	$285.65M—
Available-for-Sale Debt Securities - Unrealized Loss Position	$114K-95.1%	$2.3M-61.1%	$5.92M+88.5%	$3.14M—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$12.23M-89.9%	$121.14M+15.6%	$104.82M—	$0—
AFS and Trading Securities - Unrealized Loss Position Fair Value	$100.7M-63.6%	$276.38M-38.4%	$448.85M+57.1%	$285.65M—
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$88.48M-43.0%	$155.24M-54.9%	$344.04M+20.4%	$285.65M—
Allowance for Doubtful Accounts	$2.84M+19.5%	$2.38M+46.6%	$1.62M+92.6%	$841K+5.1%
Allowance for Doubtful Accounts Receivable (Current)	$2.84M+19.5%	$2.38M+46.6%	$1.62M+92.6%	$841K+5.1%
Capitalized Contract Costs, Current	$117.18M+19.7%	$97.86M+25.3%	$78.11M+31.3%	$59.5M+34.5%
Cash, Cash Equivalents, and Marketable Securities	$100.7M-63.6%	$276.38M-38.4%	$448.85M+57.1%	$285.65M—
Assets Current before Funds Held for Clients	$607.83M+6.2%	$572.43M+34.1%	$427.02M+75.1%	$243.91M-10.7%
Deferred costs	$117.18M+19.7%	$97.86M+25.3%	$78.11M+31.3%	$59.5M+34.5%
Funds Held for Clients	$2.7B-8.4%	$2.95B+12.6%	$2.62B-34.3%	$3.99B+127%
Capitalized Contract Costs, Net	$510.85M+14.6%	$445.86M+19.7%	$372.33M+29.0%	$288.57M+34.3%
Accumulated Amortization on Capitalized Software	$267.81M+28.8%	$207.86M+27.8%	$162.61M+24.0%	$131.17M+23.9%
Capitalized Computer Software, Net	$400.12M+23.4%	$324.27M+30.4%	$248.74M+28.8%	$193.16M+28.0%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Finite Lived Intangible Assets - Gross	$156.27M+115%	$72.77M+6.1%	$68.57M0.0%	$68.57M+151%
Investments - Amortized Cost Basis	$612.1M+20.2%	$509.15M+2.9%	$494.74M+46.7%	$337.2M+1,549%
Net Investment in Lease	$36M+6.5%	$33.79M-23.3%	$44.07M-10.5%	$49.21M+11.9%
Capitalized software licenses	$132.32M+13.7%	$116.41M+35.2%	$86.13M+38.9%	$61.99M+37.7%
Deferred costs	$393.67M+13.1%	$348M+18.3%	$294.22M+28.4%	$229.07M+34.2%
Deferred tax assets	$17.75M-0.3%	$17.82M+12.4%	$15.85M-16.9%	$19.06M+64.3%
Intangible assets — net	$92.67M+228%	$28.29M-18.1%	$34.53M-24.1%	$45.48M+249%
Investments	$3.1B-7.5%	$3.35B+15.2%	$2.91B-29.5%	$4.13B+110%
Operating lease right-of-use assets	$36M+6.5%	$33.79M-23.3%	$44.07M-10.5%	$49.21M+11.9%
Property, plant and equipment at cost	$157.92M+4.4%	$151.22M+6.5%	$141.96M+4.6%	$135.67M+10.7%
Operating Lease Right-of-Use Assets in Other Assets	$36M+6.5%	$33.79M-23.3%	$44.07M-10.5%	$49.21M+11.9%
Prepaid Expenses, Non-Current	$7.74M+9.4%	$7.08M+11.8%	$6.33M-18.3%	$7.75M+83.4%
Software and Technology Licenses, Net	$400.12M+23.4%	$324.27M+30.4%	$248.74M+28.8%	$193.16M+28.0%
Accrued Manufacturing Costs	$106.81M+14.5%	$93.25M+9.7%	$85.02M+0.1%	$84.9M+14.8%
Other Commercial Liabilities	$193.08M+22.0%	$158.31M+10.5%	$143.29M+15.2%	$124.38M+20.6%
Accrued Liabilities, Current	$193.08M+22.0%	$158.31M+10.5%	$143.29M+15.2%	$124.38M+20.6%
Client fund obligations	$2.69B-8.7%	$2.95B+12.4%	$2.63B-34.2%	$3.99B+127%
Compensation and benefits	$106.81M+14.5%	$93.25M+9.7%	$85.02M+0.1%	$84.9M+14.8%
Liabilities Current before Client Fund Obligations	$210.43M+26.0%	$166.95M+11.7%	$149.44M+12.6%	$132.76M+23.7%
Total debt	$217.89M+300%	$54.45M-22.5%	$70.27M-9.3%	$77.52M+3.7%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$72K-95.6%	$1.65M-54.4%	$3.61M—	$0—
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	55.4M-0.3%	55.5M-0.7%	55.9M+1.3%	55.2M+1.1%
Convertible Preferred Stock Authorized Shares	5M0.0%	5M0.0%	5M0.0%	5M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$55K-1.8%	$56K0.0%	$56K+1.8%	$55K0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Investments - Gross Unrealized Losses	$100.7M-63.6%	$276.38M-38.4%	$448.85M+57.1%	$285.65M—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	——	——	——
Share Repurchase Authorization Limit	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——
Unrealized Gains on Investments	$7.69M+465%	$1.36M+2,924%	$45K+221%	$14K-83.9%
Unrealized Losses on Investments (Before Tax)	$114K-95.1%	$2.3M-61.1%	$5.92M+88.5%	$3.14M—
Cumulative Cost Basis	$612.1M+20.2%	$509.15M+2.9%	$494.74M+46.7%	$337.2M+1,549%
Accounts Receivable, Allowance for Credit Loss	$2.84M+19.5%	$2.38M+46.6%	$1.62M+92.6%	$841K+5.1%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$114K-95.1%	$2.3M-61.1%	$5.92M+88.5%	$3.14M—
Gross Unrealized Gains	$7.69M+465%	$1.36M+2,924%	$45K+221%	$14K-83.9%
Total	$612.1M+20.2%	$509.15M+2.9%	$494.74M+46.7%	$337.2M+1,549%
Due in 1 year or less	——	——	——	——
Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——
Available for sale investments	$619.68M+21.9%	$508.2M+4.0%	$488.87M+46.3%	$334.08M+1,527%
Capitalized Contract Cost, Net	$510.85M+14.6%	$445.86M+19.7%	$372.33M+29.0%	$288.57M+34.3%
Cash and Cash Equivalents Accumulated Gross Unrealized Loss Before Tax	$0—	$0—	$0—	——
Gross unrealized gains on cash and cash equivalents	$0—	$0—	$0—	——
Amortized cost of cash and cash equivalents	$398.07M-0.9%	$401.81M+39.1%	$288.77M+107%	$139.76M-30.9%
Cash, Cash Equivalents and Funds Held for Clients' Cash and Cash Equivalent	——	——	——	——
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$155M0.0%	$155M0.0%	$155M0.0%	$155M0.0%
Common stock, shares issued (in shares)	$55.37M-0.3%	$55.51M-0.7%	$55.91M+1.3%	$55.19M+1.1%
Common Stock, Shares, Outstanding	$55.37M-0.3%	$55.51M-0.7%	$55.91M+1.3%	$55.19M+1.1%
Contract with Customer, Liability	$28.31M+13.8%	$24.88M+10.0%	$22.62M+84.9%	$12.23M+40.1%
Three years to five years	——	——	——	——
Two years to three years	——	——	——	——
Five years and thereafter	——	——	——	——
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$72K-95.6%	$1.65M-54.4%	$3.61M—	$0—
Less than 12 months	$88.48M-43.0%	$155.24M-54.9%	$344.04M+20.4%	$285.65M—
12 months or more	$12.23M-89.9%	$121.14M+15.6%	$104.82M—	$0—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$42K-93.6%	$658K-71.5%	$2.31M-26.5%	$3.14M—
Three years to five years	——	——	——	——
Five years and thereafter	——	——	——	——
Two years to three years	——	——	——	——
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$114K-95.1%	$2.3M-61.1%	$5.92M+88.5%	$3.14M—
Debt Securities, Available-for-Sale, Unrealized Loss Position	$100.7M-63.6%	$276.38M-38.4%	$448.85M+57.1%	$285.65M—
Deferred income taxes	$32.56M-22.2%	$41.82M+254%	$11.82M+433%	$2.22M+24.6%
Unrecognized share-based compensation costs for non-vested restricted stock awards, net of expected forfeitures	——	——	——	——
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$63.6M+43.0%	$44.48M+30.7%	$34.04M+47.4%	$23.09M+61.0%
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Gross Carrying Amount	$156.27M+115%	$72.77M+6.1%	$68.57M0.0%	$68.57M+151%
Amortized cost of funds held for clients' cash and cash equivalents	$2.08B-14.7%	$2.44B+14.6%	$2.13B-41.6%	$3.65B+110%
Funds Held For Clients' Cash And Cash Equivalents, Accumulated Gross Unrealized Loss, Before Tax	$0—	$0—	$0-100%	$2K—
Funds held for clients' cash and cash equivalents	$2.08B-14.7%	$2.44B+14.6%	$2.13B-41.6%	$3.65B—
Gross unrealized gains on funds held for clients' cash and cash equivalents	$0—	$0—	$0—	$0—
Investments Accumulated Gross Unrealized Gain Before Tax	$7.69M+465%	$1.36M+2,924%	$45K+221%	$14K-83.9%
Investments Accumulated Gross Unrealized Loss Before Tax	$114K-95.1%	$2.3M-61.1%	$5.92M+88.4%	$3.14M—
Investments Amortized Cost	$3.09B-7.8%	$3.35B+15.0%	$2.92B-29.4%	$4.13B+110%
Other accrued liabilities	$41.93M+33.2%	$31.48M+21.4%	$25.93M+47.8%	$17.54M+44.4%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$5M0.0%	$5M0.0%	$5M0.0%	$5M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——

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Questions, answered.

Can Paylocity cover its short-term obligations?: Its current ratio is 1.08 — current assets exceed current liabilities.
Where does Paylocity's balance sheet data come from?: Every line is extracted from Paylocity's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.