PAYLOCITY HOLDING CORPORATION
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $444.7M | $502.3M | $416.1M | $408.2M | $400.7M | $454.5M | $377.0M | $363.0M |
| Cost of Revenue | $144.4M | $139.1M | $134.0M | $128.4M | $128.9M | $129.9M | $124.5M | $115.0M |
| Gross Profit | $300.4M | $363.2M | $282.1M | $279.8M | $271.9M | $324.7M | $252.4M | $248.0M |
| Gross Margin | 67.5% | 72.3% | 67.8% | 68.5% | 67.8% | 71.4% | 67.0% | 68.3% |
| Operating Expenses | ||||||||
| Research & Development | $55.5M | $52.5M | $57.7M | $55.6M | $51.0M | $51.4M | $56.2M | $47.3M |
| SG&A Expense | $56.7M | $58.0M | $55.9M | $53.6M | $53.7M | $54.5M | $56.5M | $48.2M |
| Operating Income | $84.4M | $157.0M | $70.4M | $74.2M | $66.2M | $127.0M | $46.6M | $64.1M |
| Operating Margin | 19.0% | 31.3% | 16.9% | 18.2% | 16.5% | 27.9% | 12.4% | 17.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $85.2M | $157.0M | $70.2M | $74.9M | $66.8M | $126.6M | $46.8M | $68.9M |
| Income Tax Expense | $24.9M | $45.8M | $20.0M | $26.9M | $18.2M | $35.1M | $9.4M | $19.3M |
| Net Income | $60.3M | $111.3M | $50.2M | $48.0M | $48.6M | $91.5M | $37.5M | $49.6M |
| Net Margin | 13.6% | 22.1% | 12.1% | 11.8% | 12.1% | 20.1% | 9.9% | 13.7% |
| EPS (Basic) | $1.12 | $2.07 | $0.93 | $0.87 | $0.88 | $1.64 | $0.67 | $0.89 |
| EPS (Diluted) | $1.09 | $2.05 | $0.92 | $0.86 | $0.87 | $1.61 | $0.66 | $0.88 |
| Shares Outstanding (Basic) | 54.1M | 53.7M | 54.1M | 55.0M | 55.6M | 55.8M | 55.8M | 55.6M |
| Shares Outstanding (Diluted) | 54.8M | 54.3M | 54.8M | 55.9M | 56.6M | 56.8M | 56.7M | 56.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |