Paycom Software Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $566.3M | $433.0M | $329.1M | $224.7M | $150.9M | $107.6M | $76.8M |
| Cost of Revenue | $90.8M | $72.0M | $54.1M | $35.5M | $27.3M | $20.9M | $16.3M |
| Gross Profit | $475.6M | $361.0M | $275.1M | $189.2M | $123.6M | $86.7M | $60.5M |
| Gross Margin | 84.0% | 83.4% | 83.6% | 84.2% | 81.9% | 80.6% | 78.7% |
| Operating Expenses | |||||||
| Research & Development | $46.2M | $30.4M | $21.0M | $8.6M | $4.3M | $2.1M | $1.6M |
| SG&A Expense | $301.9M | $231.3M | $173.3M | $154.7M | $107.9M | $77.2M | $54.4M |
| Operating Income | $173.7M | $129.7M | $101.7M | $34.4M | $15.7M | $9.5M | $6.5M |
| Operating Margin | 30.7% | 30.0% | 30.9% | 15.3% | 10.4% | 8.8% | 8.4% |
| Interest Expense | $766.0K | $911.0K | $1.0M | $1.4M | $3.4M | $9.3M | $7.0M |
| Pretax Income | $174.7M | $127.7M | $101.0M | $33.5M | $9.7M | $1.4M | $-490.0K |
| Income Tax Expense | $37.6M | $4.2M | $30.6M | $12.6M | $4.0M | $792.0K | $-84.0K |
| Net Income | $137.1M | $123.5M | $70.4M | $20.9M | $5.7M | $601.0K | $-403.0K |
| Net Margin | 24.2% | 28.5% | 21.4% | 9.3% | 3.8% | 0.6% | -0.5% |
| EPS (Basic) | $2.37 | $2.13 | $1.21 | $0.37 | $0.11 | $0.01 | $-0.01 |
| EPS (Diluted) | $2.34 | $2.10 | $1.19 | $0.36 | $0.11 | $0.01 | $-0.01 |
| Shares Outstanding (Basic) | 57.7M | 57.8M | 57.6M | 56.5M | 49.8M | 45.5M | 44.8M |
| Shares Outstanding (Diluted) | 58.6M | 58.8M | 59.0M | 57.9M | 51.9M | 48.1M | 44.8M |
| Dividends Per Share | — | — | — | — | — | — | — |