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Other financials

Income statement

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Revenue$444.7M+11.0%
Gross profit$300.4M+10.5%
Operating income$84.4M+27.5%
Net income$60.3M+24.1%
EPS (diluted)$1.11+27.6%

Balance sheet

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Cash & equivalents$271.9M-89.0%
Total debt$133.0M-39.0%
Total equity$1.2B-1.0%
Total assets$4.9B+11.3%

Cash flow

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Operating cash flow$111.9M+29.3%
CapEx$20.6M+279%
Free cash flow$91.3M+12.5%

Valuation

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Market cap$8.04B-22.3%
Enterprise value$7.9B-2.2%
P/E29.8×-15.7×
P/S4.5×-1.9×

Profitability

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Gross margin69.2%+0.4pp
Operating margin21.8%+2.7pp
Net margin15.2%+1.0pp
FCF margin28.1%+2.7pp

Returns & leverage

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Return on equity22%+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 us-gaap:GeneralAndAdministrativeExpense.

The source filing: Paylocity’s 10-K, filed August 5, 2026.

Filed
Aug 5, 2026, 10:02 AM EDT
Fiscal year
FY2026
Accession
0001591698-26-000069
Line itemYear Ended June 30, 2024Year Ended June 30, 2025Year Ended June 30, 2026
Operating expenses:
Sales and marketing334,954374,216393,878
Research and development178,333205,851221,389
General and administrative187,406212,907224,242
Total operating expenses700,693792,974839,509
Operating income260,093304,024385,993
Other income16,9225,0391,310
Income before income taxes277,015309,063387,303

Item 16. Form 10-K Summary.

FAQ

What is Paylocity's G&A?
Paylocity (PCTY) reported G&A of $56.73M in Q2 2026.
How has Paylocity's G&A changed year-over-year?
Paylocity's G&A increased by 5.6% year-over-year, from $53.73M to $56.73M.
What is the long-term trend for Paylocity's G&A?
Over 4 years (2022 to 2026), Paylocity's G&A has grown at a 8.2% compound annual growth rate (CAGR), from $163.69M to $224.24M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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