What is Paylocity's net margin?

Paylocity (PCTY) reported net margin of 14.9% in Q1 2026.

How has Paylocity's net margin changed year-over-year?

Paylocity's net margin increased by 2.0% year-over-year, from 14.7% to 14.9%.

What is the long-term trend for Paylocity's net margin?

Over 4 years (2021 to 2025), Paylocity's net margin has grown at a 6.3% compound annual growth rate (CAGR), from 11.1% to 14.2%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Paylocity PCTY Net margin

Net margin at other companies

Automatic Data Processing, Inc.ADP

20.1%+0.3pp

PaychexPAYX

25.8%-6.1pp

Workday, Inc.WDAY

8.6%+3.0pp

Paycom SoftwarePAYC

22.4%+1.8pp

CorpayCPAY

24.6%-0.6pp

ServiceNowNOW

12.6%-0.8pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$217.9M+17.2%

CapEx$8.4M+262%

Free cash flow$209.5M+14.1%

Valuation

See full

Market cap$5.41B-44.4%

Profitability

See full

Gross margin69.3%+0.6pp

Operating margin21.3%+1.9pp

FCF margin28.2%+2.6pp

Returns & leverage

See full

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.

net income/total revenue=14.9%

Based on trailing twelve months.

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

Ask your AI about Paylocity's net margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Paylocity's net margin?: Paylocity (PCTY) reported net margin of 14.9% in Q1 2026.
How has Paylocity's net margin changed year-over-year?: Paylocity's net margin increased by 2.0% year-over-year, from 14.7% to 14.9%.
What is the long-term trend for Paylocity's net margin?: Over 4 years (2021 to 2025), Paylocity's net margin has grown at a 6.3% compound annual growth rate (CAGR), from 11.1% to 14.2%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.