Paycom Software Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.05B | $1.88B | $1.69B | $1.38B | $1.06B | $841.4M | $737.7M |
| Cost of Revenue | — | $345.4M | $334.6M | $276.3M | $212.7M | $161.9M | $123.5M | $109.7M |
| Gross Profit | — | $1.71B | $1.55B | $1.42B | $1.16B | $893.6M | $717.9M | $627.9M |
| Gross Margin | — | 83.2% | 82.2% | 83.7% | 84.5% | 84.7% | 85.3% | 85.1% |
| Operating Expenses | ||||||||
| Research & Development | — | $283.4M | $242.6M | $199.0M | $148.3M | $118.4M | $90.2M | $73.1M |
| SG&A Expense | — | $1.14B | $914.3M | $966.1M | $783.8M | $640.1M | $531.8M | $401.7M |
| Operating Income | — | $567.2M | $634.3M | $451.3M | $378.7M | $253.6M | $186.1M | $226.2M |
| Operating Margin | — | 27.6% | 33.7% | 26.6% | 27.5% | 24.0% | 22.1% | 30.7% |
| Interest Expense | — | $3.4M | $3.4M | $1.9M | $2.5M | — | $19.0K | $940.0K |
| Pretax Income | — | $619.4M | $649.0M | $472.4M | $389.6M | $256.0M | $185.9M | $226.1M |
| Income Tax Expense | — | $166.0M | $147.0M | $131.6M | $108.2M | $60.0M | $42.5M | $45.5M |
| Net Income | — | $453.4M | $502.0M | $340.8M | $281.4M | $196.0M | $143.5M | $180.6M |
| Net Margin | — | 22.1% | 26.7% | 20.1% | 20.5% | 18.6% | 17.0% | 24.5% |
| EPS (Basic) | — | $8.13 | $8.93 | $5.91 | $4.86 | $3.39 | $2.49 | $3.14 |
| EPS (Diluted) | — | $8.08 | $8.92 | $5.88 | $4.84 | $3.37 | $2.46 | $3.09 |
| Shares Outstanding (Basic) | 54.3M | 55.8M | 56.2M | 57.7M | 57.9M | 57.9M | 57.6M | 57.6M |
| Shares Outstanding (Diluted) | 54.3M | 56.1M | 56.3M | 58.0M | 58.2M | 58.2M | 58.3M | 58.4M |
| Dividends Per Share | — | $0.38 | $0.38 | $0.38 | — | — | — | — |