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Paylocity PCTY Operating margin

Operating margin at other companies

Paychex logo
PaychexPAYX
36.9%-4.6pp
Workday, Inc. logo
Workday, Inc.WDAY
10.3%+5.9pp
Paycom Software logo
Paycom SoftwarePAYC
28.3%+0.4pp
Corpay logo
CorpayCPAY
46.1%+1.1pp
ServiceNow logo
ServiceNowNOW
13.4%+0.5pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
3.8%+2.0pp

Other financials

Income statement

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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

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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

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Operating cash flow$217.9M+17.2%
CapEx$8.4M+262%
Free cash flow$209.5M+14.1%

Valuation

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Market cap$5.41B-44.4%

Profitability

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Gross margin69.3%+0.6pp
Net margin14.9%+0.3pp
FCF margin28.2%+2.6pp

Returns & leverage

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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.

Based on trailing twelve months.

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

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Questions, answered.

What is Paylocity's operating margin?
Paylocity (PCTY) reported operating margin of 21.3% in Q1 2026.
How has Paylocity's operating margin changed year-over-year?
Paylocity's operating margin increased by 9.9% year-over-year, from 19.4% to 21.3%.
What is the long-term trend for Paylocity's operating margin?
Over 4 years (2021 to 2025), Paylocity's operating margin has grown at a 20.2% compound annual growth rate (CAGR), from 9.1% to 19.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.