What are Paylocity's profit margins?

Gross margin is 69.3% and operating margin is 21.3%, with a 14.9% net margin.

Where does Paylocity's income statement data come from?

Every line is extracted from Paylocity's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Paylocity PCTY Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Total revenue	$502.29M+10.5%	$416.13M+10.4%	$408.17M+12.5%	$400.74M+12.2%	$454.55M+13.3%
Total cost of revenue	$139.1M+7.1%	$134M+7.6%	$128.38M+11.7%	$128.87M+10.3%	$129.85M+12.0%
Gross profit	$363.19M+11.9%	$282.14M+11.8%	$279.79M+12.8%	$271.87M+13.1%	$324.7M+13.8%
Gross margin	72.3%+0.9pp	67.8%+0.8pp	68.5%+0.2pp	67.8%+0.6pp	71.4%+0.3pp
Research and development	$52.52M+2.2%	$57.74M+2.8%	$55.61M+17.7%	$51.04M+15.5%	$51.4M+18.5%
Selling and marketing	$95.73M+4.3%	$98.08M+5.3%	$96.37M+9.0%	$100.88M+14.6%	$91.77M+5.8%
General and administrative	$57.96M+6.4%	$55.94M-1.0%	$53.61M+11.3%	$53.73M+18.7%	$54.5M+11.5%
Other operating expenses	$206.21M+4.3%	$211.76M+2.9%	$205.58M+11.8%	$205.65M+15.9%	$197.67M+10.4%
Total operating expenses	$206.21M+4.3%	$211.76M+2.9%	$205.58M+11.8%	$205.65M+15.9%	$197.67M+10.4%
Operating income	$156.98M+23.6%	$70.38M+51.0%	$74.21M+15.7%	$66.23M+5.3%	$127.03M+19.5%
Operating margin	31.3%+3.3pp	16.9%+4.5pp	18.2%+0.5pp	16.5%-1.1pp	27.9%+1.5pp
Other income (expense), net	$59K+113%	-$204K-206%	$702K-85.2%	$572K-89.7%	-$468K-111%
Income before income taxes	$157.04M+24.1%	$70.18M+49.9%	$74.91M+8.7%	$66.8M-2.5%	$126.56M+14.4%
Income tax expense	$45.79M+30.5%	$19.98M+114%	$26.92M+39.4%	$18.19M-7.5%	$35.08M+38.7%
Net income	$111.25M+21.6%	$50.2M+34.0%	$47.99M-3.2%	$48.61M-0.4%	$91.48M+7.2%
Net margin	22.1%+2.0pp	12.1%+2.1pp	11.8%-1.9pp	12.1%-1.5pp	20.1%-1.1pp
Diluted earnings per share	$2.05+27.3%	$0.92+39.4%	$0.86-2.3%	$0.87+1.2%	$1.61+7.3%
Basic earnings per share	$2.07+26.2%	$0.93+38.8%	$0.87-2.2%	$0.88+1.1%	$1.64+8.6%
Weighted-average shares, diluted	54.3M-4.4%	54.8M-3.5%	55.9M-0.7%	56.6M-0.7%	56.8M-0.5%
Weighted-average shares, basic	53.7M-3.7%	54.1M-3.1%	55M-1.1%	55.6M-1.0%	55.8M-1.0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$106.12M+11.7%	$50.27M+58.0%	$48.67M-13.7%	$50.49M+3.9%	$94.98M+12.9%
Revenue From Contract With Customer Excluding Assessed Tax	$469.93M+11.6%	$386.98M+11.3%	$378.86M+13.7%	$369.89M+13.9%	$421.1M+14.8%
Revenue from contracts outside the scope of ASC Topic 606	$32.36M-3.3%	$29.15M-0.4%	$29.31M-1.8%	$30.85M-5.2%	$33.45M-2.9%
EBIT	$156.98M+23.6%	$70.38M+51.0%	$74.21M+15.7%	$66.23M+5.3%	$127.03M+19.5%
EBITDA	$184.28M+20.4%	$98.18M+35.8%	$101.66M+18.6%	$92.68M+10.9%	$153M+20.9%
EBITDA	$184.28M+20.4%	$98.18M+35.8%	$101.66M+18.6%	$92.68M+10.9%	$153M+20.9%
EBITDA margin	36.7%+3.0pp	23.6%+4.4pp	24.9%+1.3pp	23.1%-0.3pp	33.7%+2.1pp
EBIT	$156.98M+23.6%	$70.38M+51.0%	$74.21M+15.7%	$66.23M+5.3%	$127.03M+19.5%

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Questions, answered.

What are Paylocity's profit margins?: Gross margin is 69.3% and operating margin is 21.3%, with a 14.9% net margin.
Where does Paylocity's income statement data come from?: Every line is extracted from Paylocity's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.