What is Paylocity's R&D?

Paylocity (PCTY) reported R&D of $52.52M in Q1 2026.

How has Paylocity's R&D changed year-over-year?

Paylocity's R&D increased by 2.2% year-over-year, from $51.4M to $52.52M.

What is the long-term trend for Paylocity's R&D?

Over 4 years (2021 to 2025), Paylocity's R&D has grown at a 28.0% compound annual growth rate (CAGR), from $76.71M to $205.85M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Paylocity PCTY R&D

R&D at other companies

Automatic Data Processing, Inc.ADP

$253.9M+2.8%

Workday, Inc.WDAY

$705M+6.3%

Paycom SoftwarePAYC

$60.7M-2.6%

ServiceNowNOW

$823M+17.1%

Hewlett Packard EnterpriseHPE

$922M+70.7%

Freshworks, Inc.FRSH

$49.26M+23.1%

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$5.4B-44.4%

Profitability

See full

Gross margin69.3%+0.6pp

Operating margin21.3%+1.9pp

Net margin14.9%+0.3pp

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

Reported directly by Paylocity in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

Ask your AI about Paylocity's r&d.

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

Connect your AI

Claude

Questions, answered.

What is Paylocity's R&D?: Paylocity (PCTY) reported R&D of $52.52M in Q1 2026.
How has Paylocity's R&D changed year-over-year?: Paylocity's R&D increased by 2.2% year-over-year, from $51.4M to $52.52M.
What is the long-term trend for Paylocity's R&D?: Over 4 years (2021 to 2025), Paylocity's R&D has grown at a 28.0% compound annual growth rate (CAGR), from $76.71M to $205.85M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.