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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$1.6B+13.7%	$1.4B+19.4%	$1.17B+37.8%	$852.65M+34.1%
Total cost of revenue	$498.22M+12.8%	$441.73M+20.3%	$367.04M+27.9%	$287M+30.9%
Gross profit	$1.1B+14.2%	$960.79M+19.0%	$807.56M+42.8%	$565.65M+35.9%
Gross margin	68.8%+0.3pp	68.5%-0.2pp	68.8%+2.4pp	66.3%+0.8pp
Research and development	$205.85M+15.4%	$178.33M+8.7%	$163.99M+59.4%	$102.91M+34.2%
Selling and marketing	$374.22M+11.7%	$334.95M+12.9%	$296.72M+38.4%	$214.46M+32.5%
General and administrative	$212.91M+13.6%	$187.41M-2.3%	$191.82M+17.2%	$163.69M+36.7%
Other operating expenses	$792.97M+13.2%	$700.69M+7.4%	$652.53M+35.6%	$481.06M+34.3%
Total operating expenses	$792.97M+13.2%	$700.69M+7.4%	$652.53M+35.6%	$481.06M+34.3%
Operating income	$304.02M+16.9%	$260.09M+67.8%	$155.03M+83.3%	$84.59M+45.7%
Operating margin	19.1%+0.5pp	18.5%+5.3pp	13.2%+3.3pp	9.9%+0.8pp
Other income (expense), net	$5.04M-70.2%	$16.92M+372%	$3.59M+460%	-$997K-6.2%
Income before income taxes	$309.06M+11.6%	$277.02M+74.6%	$158.61M+89.7%	$83.6M+46.4%
Income tax expense	$81.94M+16.6%	$70.25M+295%	$17.79M—	——
Net income	$227.13M+9.8%	$206.77M+46.8%	$140.82M+55.1%	$90.78M+28.2%
Net margin	14.2%-0.5pp	14.7%+2.8pp	12%+1.3pp	10.6%-0.5pp
Diluted earnings per share	$4.02+10.4%	$3.64+45.6%	$2.50+55.3%	$1.61+28.8%
Basic earnings per share	$4.08+10.9%	$3.68+45.5%	$2.53+54.3%	$1.64+26.2%
Weighted-average shares, diluted	226.3M-0.6%	227.8M+0.7%	226.3M+0.2%	225.8M+0.3%
Weighted-average shares, basic	222.9M-0.9%	224.9M+1.0%	222.7M+1.2%	220M+1.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$233.65M+11.1%	$210.35M+51.8%	$138.61M+56.8%	$88.41M+25.9%
Revenue From Contract With Customer Excluding Assessed Tax	$1.47B+14.8%	$1.28B+16.7%	$1.1B+29.5%	$847.69M+34.2%
Revenue from contracts outside the scope of ASC Topic 606	$123.42M+2.1%	$120.84M+57.8%	$76.56M+1,445%	$4.96M+27.0%
EBIT	$304.02M+16.9%	$260.09M+67.8%	$155.03M+83.3%	$84.59M+45.7%
EBITDA	$403.66M+20.0%	$336.52M+55.9%	$215.89M+60.1%	$134.81M+33.5%
EBITDA	$403.66M+20.0%	$336.52M+55.9%	$215.89M+60.1%	$134.81M+33.5%
EBITDA margin	25.3%+1.3pp	24%+5.6pp	18.4%+2.6pp	15.8%-0.1pp
EBIT	$304.02M+16.9%	$260.09M+67.8%	$155.03M+83.3%	$84.59M+45.7%

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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.