Paylocity Holding CorpPCTYEarnings & Financial Report
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
Revenue
$347.7M
Gross Profit
$252.4M
Operating Profit
$46.6M
Net Profit
$37.5M
Gross Margin
72.6%
Operating Margin
13.4%
Net Margin
10.8%
YoY Growth
16.5%
EPS
$0.66
Paylocity Holding Corp Q2 FY2025 Financial Summary
Paylocity Holding Corp reported revenue of $347.7M (up 16.5% YoY) for Q2 FY2025, with a net profit of $37.5M (down 1.7% YoY) (10.8% margin). Cost of goods sold was $95.3M, operating expenses totaled $205.8M.
Key Financial Metrics
| Total Revenue | $347.7M |
|---|---|
| Net Profit | $37.5M |
| Gross Margin | 72.6% |
| Operating Margin | 13.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Paylocity Holding Corp Q2 FY2025 revenue of $347.7M breaks down across 2 segments, led by Recurring Fees at $331.9M (95.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Recurring Fees | $331.9M | 95.5% |
| Implementation Services And Other | $15.8M | 4.5% |
Paylocity Holding Corp Revenue by Segment — Quarterly Trend
Paylocity Holding Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Recurring Fees and Implementation Services And Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Recurring Fees | $370.1M | $364.3M | $353.8M | $404.9M |
| Implementation Services And Other | $16.9M | $14.6M | — | $16.2M |
Paylocity Holding Corp Annual Revenue by Year
Paylocity Holding Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.3B |
| 2023 | $1.1B |
| 2022 | $847.7M |
Paylocity Holding Corp Quarterly Revenue & Net Profit History
Paylocity Holding Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $387.0M | +11.3% | $50.2M | 13.0% |
| Q1 FY2026 | $378.9M | +13.7% | $48.0M | 12.7% |
| Q4 FY2025 | $369.9M | +13.9% | $48.6M | 13.1% |
| Q3 FY2025 | $421.1M | +14.8% | $91.5M | 21.7% |
| Q2 FY2025 | $347.7M | +16.5% | $37.5M | 10.8% |
| Q1 FY2025 | $333.1M | +14.2% | $49.6M | 14.9% |
| Q4 FY2024 | $324.7M | +15.1% | $48.8M | 15.0% |
| Q3 FY2024 | $366.8M | +16.8% | $85.3M | 23.3% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $366.8M | $324.7M | $333.1M | $347.7M | $421.1M | $369.9M | $378.9M | $387.0M |
| YoY Growth | 16.8% | 15.1% | 14.2% | 16.5% | 14.8% | 13.9% | 13.7% | 11.3% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.95B | $4.25B | $4.02B | $5.29B | $5.17B | $4.39B | $4.24B | $6.97B |
| Liabilities | $3.85B | $3.21B | $2.92B | $4.12B | $3.96B | $3.16B | $3.13B | $5.87B |
| Equity | $1.10B | $1.03B | $1.11B | $1.17B | $1.21B | $1.23B | $1.10B | $1.10B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $167.5M | $79.9M | $91.5M | $54.2M | $186.0M | $86.6M | $86.5M | $117.0M |