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Paylocity PCTY Operating Lease Liabilities

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Other financials

Income statement

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Revenue$444.7M+11.0%
Gross profit$300.4M+10.5%
Operating income$84.4M+27.5%
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:OperatingLeaseLiabilityNoncurrent.

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 itemJune 30, 2025June 30, 2026
Client fund obligations2,694,8423,209,015
Total current liabilities2,905,2703,420,238
Long-term debt162,50081,250
Long-term operating lease liabilities46,77242,200
Other long-term liabilities8,58012,930
Deferred income tax liabilities32,559106,323
Total liabilities$3,155,681$3,662,941
Stockholders’ equity:

Item 16. Form 10-K Summary.

FAQ

What is Paylocity's operating lease liabilities?
Paylocity (PCTY) reported operating lease liabilities of $42.2M in Q2 2026.
How has Paylocity's operating lease liabilities changed year-over-year?
Paylocity's operating lease liabilities decreased by 9.8% year-over-year, from $46.77M to $42.2M.
What is the long-term trend for Paylocity's operating lease liabilities?
Over 5 years (2021 to 2026), Paylocity's operating lease liabilities has grown at a -8.9% compound annual growth rate (CAGR), from $67.2M to $42.2M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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