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

	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25
Total revenue	$1.73B+11.3%	$1.68B+12.1%	$1.64B+13.3%	$1.6B+13.7%	$1.55B+14.6%
Total cost of revenue	$530.34M+9.1%	$521.09M+10.3%	$511.64M+12.4%	$498.22M+12.8%	$486.24M+15.3%
Gross profit	$1.2B+12.3%	$1.16B+12.9%	$1.13B+13.7%	$1.1B+14.2%	$1.07B+14.3%
Gross margin	69.3%+0.6pp	69%+0.5pp	68.8%+0.3pp	68.8%+0.3pp	68.7%-0.2pp
Research and development	$216.9M+9.0%	$215.78M+13.0%	$214.2M+18.3%	$205.85M+15.4%	$199.01M+13.9%
Selling and marketing	$391.06M+8.2%	$387.1M+8.6%	$382.15M+11.4%	$374.22M+11.7%	$361.35M+11.9%
General and administrative	$221.24M+8.2%	$217.77M+9.5%	$218.35M+17.6%	$212.91M+13.6%	$204.46M+8.7%
Other operating expenses	$829.19M+8.4%	$820.65M+10.0%	$814.7M+14.8%	$792.97M+13.2%	$764.83M+11.6%
Total operating expenses	$829.19M+8.4%	$820.65M+10.0%	$814.7M+14.8%	$792.97M+13.2%	$764.83M+11.6%
Operating income	$367.8M+22.3%	$337.85M+20.7%	$314.09M+11.0%	$304.02M+16.9%	$300.71M+22.0%
Operating margin	21.3%+1.9pp	20.1%+1.4pp	19.1%-0.4pp	19.1%+0.5pp	19.4%+1.2pp
Other income (expense), net	$1.13M-88.8%	$602K-95.9%	$999K-94.6%	$5.04M-70.2%	$10.04M-28.1%
Income before income taxes	$368.93M+18.7%	$338.45M+14.8%	$315.09M+4.5%	$309.06M+11.6%	$310.75M+19.3%
Income tax expense	$110.88M+32.9%	$100.17M+36.1%	$89.55M+12.4%	$81.94M+16.6%	$83.41M+27.7%
Net income	$258.04M+13.5%	$238.28M+7.7%	$225.55M+1.7%	$227.13M+9.8%	$227.34M+16.5%
Net margin	14.9%+0.3pp	14.2%-0.6pp	13.7%-1.6pp	14.2%-0.5pp	14.7%+0.2pp
Diluted earnings per share	$4.70+17.2%	$4.26+9.2%	$4.00+2.3%	$4.02+10.4%	$4.01+16.6%
Basic earnings per share	$4.75+16.7%	$4.32+9.6%	$4.06+2.8%	$4.08+10.9%	$4.07+17.0%
Weighted-average shares, diluted	221.5M-2.3%	224M-1.4%	225.9M-0.5%	226.3M-0.6%	226.8M-0.3%
Weighted-average shares, basic	218.5M-2.2%	220.6M-1.6%	222.3M-1.0%	222.9M-0.9%	223.5M-0.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$255.55M+10.3%	$244.4M+10.7%	$225.94M-2.7%	$233.65M+11.1%	$231.74M+17.8%
Revenue From Contract With Customer Excluding Assessed Tax	$1.61B+12.5%	$1.56B+13.4%	$1.52B+14.7%	$1.47B+14.8%	$1.43B+15.1%
Revenue from contracts outside the scope of ASC Topic 606	$121.68M-2.8%	$122.77M-2.6%	$122.88M-1.5%	$123.42M+2.1%	$125.12M+9.1%
EBIT	$367.8M+22.3%	$337.85M+20.7%	$314.09M+11.0%	$304.02M+16.9%	$300.71M+22.0%
EBITDA	$476.8M+20.9%	$445.53M+21.0%	$419.63M+15.3%	$403.66M+20.0%	$394.54M+23.8%
EBITDA	$476.8M+20.9%	$445.53M+21.0%	$419.63M+15.3%	$403.66M+20.0%	$394.54M+23.8%
EBITDA margin	27.6%+2.2pp	26.5%+2.0pp	25.6%+0.4pp	25.3%+1.3pp	25.4%+1.9pp
EBIT	$367.8M+22.3%	$337.85M+20.7%	$314.09M+11.0%	$304.02M+16.9%	$300.71M+22.0%

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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.