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Paylocity PCTY Gross Profit

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Other financials

Income statement

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Revenue$444.7M+11.0%
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

Calculated from Paylocity’s reported figures.

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
Interest income on funds held for clients120,835123,420119,964
Total revenues1,402,5151,595,2211,771,326
Cost of revenues441,729498,223545,824
Gross profit960,7861,096,9981,225,502
Operating expenses:
Sales and marketing334,954374,216393,878
Research and development178,333205,851221,389
General and administrative187,406212,907224,242

Item 16. Form 10-K Summary.

FAQ

What is Paylocity's gross profit?
Paylocity (PCTY) reported gross profit of $300.38M in Q2 2026.
How has Paylocity's gross profit changed year-over-year?
Paylocity's gross profit increased by 10.5% year-over-year, from $271.87M to $300.38M.
What is the long-term trend for Paylocity's gross profit?
Over 4 years (2022 to 2026), Paylocity's gross profit has grown at a 21.3% compound annual growth rate (CAGR), from $565.65M to $1.23B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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