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Paylocity PCTY Increase (Decrease) in Client Funds Obligation

Increase (Decrease) in Client Funds Obligation at other companies

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Other financials

Income statement

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Revenue$502.3M+10.5%
Gross profit$363.2M+11.9%
Operating income$157.0M+23.6%
Net income$111.3M+21.6%
EPS (diluted)$2.05+27.3%

Balance sheet

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Cash & equivalents$3.5B+4.1%
Total debt$134.6M-55.3%
Total equity$1.2B-2.3%
Total assets$5.4B+5.3%

Cash flow

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Operating cash flow$217.9M+17.2%
CapEx$8.4M+262%
Free cash flow$209.5M+14.1%

Valuation

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Market cap$5.4B-44.4%

Profitability

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Gross margin69.3%+0.6pp
Operating margin21.3%+1.9pp
Net margin14.9%+0.3pp
FCF margin28.2%+2.6pp

Returns & leverage

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Return on equity21.6%+1.9pp
Debt / equity0.1×-0.1×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Paylocity in its filing.

Tagged under the XBRL concept pcty:IncreaseDecreaseInClientFundsObligation.

The official record: Paylocity’s 10-Q, filed February 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paylocity's increase (decrease) in client funds obligation?
Paylocity (PCTY) reported increase (decrease) in client funds obligation of -$2.73B in Q4 2025.
How has Paylocity's increase (decrease) in client funds obligation changed year-over-year?
Paylocity's increase (decrease) in client funds obligation decreased by 134.3% year-over-year, from -$1.17B to -$2.73B.
What does increase (decrease) in client funds obligation mean?
This represents the net change in funds held on behalf of clients for payroll processing and tax remittance obligations. Because the company acts as a custodian for these funds before they are distributed to employees or tax authorities, this balance fluctuates based on payroll cycles and client volume. It is a critical indicator of the scale of the company's payroll operations and its role as a financial intermediary.