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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Allegiant Travel CO is the larger business by last-quarter revenue ($732.4M vs $387.0M, roughly 1.9× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs 5.8%, a 7.2% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 4.8%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 2.7%).
Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
ALGT vs PCTY — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $732.4M | $387.0M |
| Net Profit | $42.5M | $50.2M |
| Gross Margin | — | 72.9% |
| Operating Margin | 11.1% | 18.2% |
| Net Margin | 5.8% | 13.0% |
| Revenue YoY | 4.8% | 11.3% |
| Net Profit YoY | 32.4% | 34.0% |
| EPS (diluted) | $2.30 | $0.92 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $732.4M | — | ||
| Q4 25 | $595.5M | $387.0M | ||
| Q3 25 | $494.1M | $378.9M | ||
| Q2 25 | $617.9M | $369.9M | ||
| Q1 25 | $616.8M | $421.1M | ||
| Q4 24 | $553.6M | $347.7M | ||
| Q3 24 | $489.0M | $333.1M | ||
| Q2 24 | $594.5M | $324.7M |
| Q1 26 | $42.5M | — | ||
| Q4 25 | $31.9M | $50.2M | ||
| Q3 25 | $-43.6M | $48.0M | ||
| Q2 25 | $-65.2M | $48.6M | ||
| Q1 25 | $32.1M | $91.5M | ||
| Q4 24 | $-216.2M | $37.5M | ||
| Q3 24 | $-36.8M | $49.6M | ||
| Q2 24 | $13.7M | $48.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 73.9% | ||
| Q2 25 | — | 73.5% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 72.6% | ||
| Q3 24 | — | 74.4% | ||
| Q2 24 | — | 74.0% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 11.2% | 18.2% | ||
| Q3 25 | -5.5% | 19.6% | ||
| Q2 25 | -10.9% | 17.9% | ||
| Q1 25 | 10.5% | 30.2% | ||
| Q4 24 | -47.7% | 13.4% | ||
| Q3 24 | -5.4% | 19.3% | ||
| Q2 24 | 5.9% | 19.4% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.4% | 13.0% | ||
| Q3 25 | -8.8% | 12.7% | ||
| Q2 25 | -10.5% | 13.1% | ||
| Q1 25 | 5.2% | 21.7% | ||
| Q4 24 | -39.1% | 10.8% | ||
| Q3 24 | -7.5% | 14.9% | ||
| Q2 24 | 2.3% | 15.0% |
| Q1 26 | $2.30 | — | ||
| Q4 25 | $1.82 | $0.92 | ||
| Q3 25 | $-2.41 | $0.86 | ||
| Q2 25 | $-3.62 | $0.87 | ||
| Q1 25 | $1.73 | $1.61 | ||
| Q4 24 | $-12.12 | $0.66 | ||
| Q3 24 | $-2.05 | $0.88 | ||
| Q2 24 | $0.75 | $0.85 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $902.1M | $162.5M |
| Total DebtLower is stronger | — | $81.3M |
| Stockholders' EquityBook value | — | $1.1B |
| Total Assets | — | $7.0B |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $902.1M | — | ||
| Q4 25 | $805.7M | $162.5M | ||
| Q3 25 | $956.7M | $165.2M | ||
| Q2 25 | $842.8M | $398.1M | ||
| Q1 25 | $878.6M | $477.8M | ||
| Q4 24 | $781.1M | $482.4M | ||
| Q3 24 | $759.3M | $778.5M | ||
| Q2 24 | $791.9M | $401.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $81.3M | ||
| Q3 25 | $1.8B | $81.3M | ||
| Q2 25 | $1.8B | $162.5M | ||
| Q1 25 | $1.7B | $243.8M | ||
| Q4 24 | $1.6B | $325.0M | ||
| Q3 24 | $1.8B | $325.0M | ||
| Q2 24 | $1.7B | $0 |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.3B | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $7.0B | ||
| Q3 25 | $4.4B | $4.2B | ||
| Q2 25 | $4.4B | $4.4B | ||
| Q1 25 | $4.5B | $5.2B | ||
| Q4 24 | $4.4B | $5.3B | ||
| Q3 24 | $4.8B | $4.0B | ||
| Q2 24 | $4.9B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 0.07× | ||
| Q3 25 | 1.76× | 0.07× | ||
| Q2 25 | 1.68× | 0.13× | ||
| Q1 25 | 1.57× | 0.20× | ||
| Q4 24 | 1.48× | 0.28× | ||
| Q3 24 | 1.36× | 0.29× | ||
| Q2 24 | 1.30× | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $117.0M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 29.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $112.2M | $117.0M | ||
| Q3 25 | $-6.1M | $86.5M | ||
| Q2 25 | $92.2M | $86.6M | ||
| Q1 25 | $191.4M | $186.0M | ||
| Q4 24 | $84.4M | $54.2M | ||
| Q3 24 | $17.3M | $91.5M | ||
| Q2 24 | $68.9M | $79.9M |
| Q1 26 | — | — | ||
| Q4 25 | $90.4M | $113.6M | ||
| Q3 25 | $-121.7M | $82.7M | ||
| Q2 25 | $-10.5M | $81.1M | ||
| Q1 25 | $116.9M | $183.7M | ||
| Q4 24 | $24.0M | $51.2M | ||
| Q3 24 | $-28.7M | $89.1M | ||
| Q2 24 | $7.0M | $73.6M |
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | 29.4% | ||
| Q3 25 | -24.6% | 21.8% | ||
| Q2 25 | -1.7% | 21.9% | ||
| Q1 25 | 19.0% | 43.6% | ||
| Q4 24 | 4.3% | 14.7% | ||
| Q3 24 | -5.9% | 26.8% | ||
| Q2 24 | 1.2% | 22.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 0.9% | ||
| Q3 25 | 23.4% | 1.0% | ||
| Q2 25 | 16.6% | 1.5% | ||
| Q1 25 | 12.1% | 0.5% | ||
| Q4 24 | 10.9% | 0.9% | ||
| Q3 24 | 9.4% | 0.7% | ||
| Q2 24 | 10.4% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.51× | 2.33× | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 1.78× | ||
| Q1 25 | 5.96× | 2.03× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 1.84× | ||
| Q2 24 | 5.03× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGT
| Passenger | $671.8M | 92% |
| Third party products | $42.3M | 6% |
| Fixed fee contracts | $18.1M | 2% |
| Resort and other | $175.0K | 0% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
