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Paylocity PCTY Gross margin

Gross margin at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
46.2%+0.2pp
Paychex logo
PaychexPAYX
73.9%+1.9pp
Paycom Software logo
Paycom SoftwarePAYC
83.4%+1.2pp
ServiceNow logo
ServiceNowNOW
76.6%-2.4pp
BILL Holdings logo
BILL HoldingsBILL
80.7%-0.8pp
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
77.4%+1.5pp

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$5.41B-44.4%

Profitability

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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

Calculated from Paylocity’s reported figures.

Based on trailing twelve months.

The official record: Paylocity’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paylocity's gross margin?
Paylocity (PCTY) reported gross margin of 69.3% in Q1 2026.
How has Paylocity's gross margin changed year-over-year?
Paylocity's gross margin increased by 0.9% year-over-year, from 68.7% to 69.3%.
What is the long-term trend for Paylocity's gross margin?
Over 4 years (2021 to 2025), Paylocity's gross margin has grown at a 1.2% compound annual growth rate (CAGR), from 65.5% to 68.8%.
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.