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Paylocity PCTY Gross margin

Gross margin at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
46.4%+0.4pp
Paychex logo
PaychexPAYX
74.3%+1.9pp
Asure Software logo
Asure SoftwareASUR
68.6%-4.2pp
Paycom Software logo
Paycom SoftwarePAYC
83.7%+1.2pp
HealthStream logo
HealthStreamHSTM
64.7%-1.7pp
Priority Technology Holdings logo
Priority Technology HoldingsPRTH
39.4%+1.3pp

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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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

Calculated from Paylocity’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 5, 2026, 10:02 AM EDT
Fiscal year
FY2026
Accession
0001591698-26-000069

FAQ

What is Paylocity's gross margin?
Paylocity (PCTY) reported gross margin of 69.2% in Q2 2026.
How has Paylocity's gross margin changed year-over-year?
Paylocity's gross margin increased by 0.6% year-over-year, from 68.8% to 69.2%.
What is the long-term trend for Paylocity's gross margin?
Over 5 years (2021 to 2026), Paylocity's gross margin has grown at a 1.1% compound annual growth rate (CAGR), from 65.5% to 69.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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