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Paylocity PCTY Operating Income

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Other financials

Income statement

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Revenue$444.7M+11.0%
Gross profit$300.4M+10.5%
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

Reported directly by Paylocity in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
Research and development178,333205,851221,389
General and administrative187,406212,907224,242
Total operating expenses700,693792,974839,509
Operating income260,093304,024385,993
Other income16,9225,0391,310
Income before income taxes277,015309,063387,303
Income tax expense70,24981,936117,562
Net income$206,766$227,127$269,741

Item 16. Form 10-K Summary.

FAQ

What is Paylocity's operating income?
Paylocity (PCTY) reported operating income of $84.42M in Q2 2026.
How has Paylocity's operating income changed year-over-year?
Paylocity's operating income increased by 27.5% year-over-year, from $66.23M to $84.42M.
What is the long-term trend for Paylocity's operating income?
Over 4 years (2022 to 2026), Paylocity's operating income has grown at a 46.2% compound annual growth rate (CAGR), from $84.59M to $385.99M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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