PAYLOCITY HOLDING CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 57.5% | -1.5% | -1.7% |
| FY2017 | 58.7% | 2.4% | 2.2% |
| FY2018 | 60.5% | 4.2% | 10.2% |
| FY2019 | 67.1% | 12.0% | 11.5% |
| FY2020 | 67.6% | 11.8% | 11.5% |
| FY2021 | 65.5% | 9.1% | 11.1% |
| FY2022 | 66.3% | 9.9% | 10.6% |
| FY2023 | 68.8% | 13.2% | 12.0% |
| FY2024 | 68.5% | 18.5% | 14.7% |
| FY2025 | 68.8% | 19.1% | 14.2% |