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Side-by-side financial comparison of AMC Networks Inc. (AMCX) and Paycom (PAYC). Click either name above to swap in a different company.

AMC Networks Inc. is the larger business by last-quarter revenue ($594.8M vs $544.3M, roughly 1.1× Paycom). Paycom runs the higher net margin — 20.9% vs -9.3%, a 30.2% gap on every dollar of revenue. On growth, Paycom posted the faster year-over-year revenue change (10.2% vs -0.8%). Paycom produced more free cash flow last quarter ($122.6M vs $40.4M). Over the past eight quarters, Paycom's revenue compounded faster (4.3% CAGR vs -0.1%).

AMC Networks Inc. is an American independent mass media and entertainment corporation headquartered in 11 Penn Plaza, New York City. The company owns and operates the eponymous cable channel, BBC America, IFC, Sundance TV, and We TV. It also owns the art house movie theater IFC Center in New York City; the independent film companies Independent Film Company and RLJE Films, the anime licensor Sentai Filmworks, the premium subscription streaming services AMC+, IFC Films Unlimited, Acorn TV, All...

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

AMCX vs PAYC — Head-to-Head

Bigger by revenue
AMCX
AMCX
1.1× larger
AMCX
$594.8M
$544.3M
PAYC
Growing faster (revenue YoY)
PAYC
PAYC
+11.0% gap
PAYC
10.2%
-0.8%
AMCX
Higher net margin
PAYC
PAYC
30.2% more per $
PAYC
20.9%
-9.3%
AMCX
More free cash flow
PAYC
PAYC
$82.2M more FCF
PAYC
$122.6M
$40.4M
AMCX
Faster 2-yr revenue CAGR
PAYC
PAYC
Annualised
PAYC
4.3%
-0.1%
AMCX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMCX
AMCX
PAYC
PAYC
Revenue
$594.8M
$544.3M
Net Profit
$-55.5M
$113.8M
Gross Margin
49.7%
83.9%
Operating Margin
-8.6%
28.9%
Net Margin
-9.3%
20.9%
Revenue YoY
-0.8%
10.2%
Net Profit YoY
80.5%
0.2%
EPS (diluted)
$-0.97
$2.06

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.

Revenue
AMCX
AMCX
PAYC
PAYC
Q4 25
$594.8M
$544.3M
Q3 25
$561.7M
$493.3M
Q2 25
$600.0M
$483.6M
Q1 25
$555.2M
$530.5M
Q4 24
$599.3M
$493.9M
Q3 24
$599.6M
$451.9M
Q2 24
$625.9M
$437.5M
Q1 24
$596.5M
$499.9M
Net Profit
AMCX
AMCX
PAYC
PAYC
Q4 25
$-55.5M
$113.8M
Q3 25
$76.5M
$110.7M
Q2 25
$50.3M
$89.5M
Q1 25
$18.0M
$139.4M
Q4 24
$-284.5M
$113.6M
Q3 24
$41.4M
$73.3M
Q2 24
$-29.2M
$68.0M
Q1 24
$45.8M
$247.2M
Gross Margin
AMCX
AMCX
PAYC
PAYC
Q4 25
49.7%
83.9%
Q3 25
48.2%
82.7%
Q2 25
52.7%
81.9%
Q1 25
51.8%
84.1%
Q4 24
51.2%
83.1%
Q3 24
52.0%
80.5%
Q2 24
55.2%
80.8%
Q1 24
54.5%
84.3%
Operating Margin
AMCX
AMCX
PAYC
PAYC
Q4 25
-8.6%
28.9%
Q3 25
9.9%
22.8%
Q2 25
10.7%
23.2%
Q1 25
11.6%
34.9%
Q4 24
-42.4%
30.1%
Q3 24
15.6%
23.2%
Q2 24
1.7%
21.7%
Q1 24
18.5%
57.2%
Net Margin
AMCX
AMCX
PAYC
PAYC
Q4 25
-9.3%
20.9%
Q3 25
13.6%
22.4%
Q2 25
8.4%
18.5%
Q1 25
3.3%
26.3%
Q4 24
-47.5%
23.0%
Q3 24
6.9%
16.2%
Q2 24
-4.7%
15.5%
Q1 24
7.7%
49.4%
EPS (diluted)
AMCX
AMCX
PAYC
PAYC
Q4 25
$-0.97
$2.06
Q3 25
$1.38
$1.96
Q2 25
$0.91
$1.58
Q1 25
$0.34
$2.48
Q4 24
$-6.23
$2.04
Q3 24
$0.76
$1.31
Q2 24
$-0.66
$1.20
Q1 24
$1.03
$4.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMCX
AMCX
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$502.4M
$370.0M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$981.9M
$1.7B
Total Assets
$3.9B
$7.6B
Debt / EquityLower = less leverage
1.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMCX
AMCX
PAYC
PAYC
Q4 25
$502.4M
$370.0M
Q3 25
$716.8M
$375.0M
Q2 25
$866.4M
$532.2M
Q1 25
$870.2M
$520.8M
Q4 24
$784.6M
$402.0M
Q3 24
$816.4M
$325.8M
Q2 24
$802.6M
$346.5M
Q1 24
$690.5M
$371.3M
Total Debt
AMCX
AMCX
PAYC
PAYC
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$2.2B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.3B
Stockholders' Equity
AMCX
AMCX
PAYC
PAYC
Q4 25
$981.9M
$1.7B
Q3 25
$1.1B
$1.7B
Q2 25
$971.7M
$1.8B
Q1 25
$888.8M
$1.7B
Q4 24
$855.6M
$1.6B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.4B
Q1 24
$1.1B
$1.4B
Total Assets
AMCX
AMCX
PAYC
PAYC
Q4 25
$3.9B
$7.6B
Q3 25
$4.2B
$4.2B
Q2 25
$4.4B
$4.0B
Q1 25
$4.3B
$4.6B
Q4 24
$4.4B
$5.9B
Q3 24
$4.8B
$3.5B
Q2 24
$4.9B
$4.3B
Q1 24
$4.9B
$4.7B
Debt / Equity
AMCX
AMCX
PAYC
PAYC
Q4 25
1.78×
Q3 25
1.82×
Q2 25
2.27×
Q1 25
2.62×
Q4 24
2.73×
Q3 24
2.10×
Q2 24
2.26×
Q1 24
2.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMCX
AMCX
PAYC
PAYC
Operating Cash FlowLast quarter
$49.2M
$196.1M
Free Cash FlowOCF − Capex
$40.4M
$122.6M
FCF MarginFCF / Revenue
6.8%
22.5%
Capex IntensityCapex / Revenue
1.5%
13.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$272.4M
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMCX
AMCX
PAYC
PAYC
Q4 25
$49.2M
$196.1M
Q3 25
$44.8M
$177.8M
Q2 25
$102.8M
$122.5M
Q1 25
$108.8M
$182.5M
Q4 24
$58.1M
$160.4M
Q3 24
$62.2M
$92.8M
Q2 24
$104.4M
$132.1M
Q1 24
$150.9M
$148.6M
Free Cash Flow
AMCX
AMCX
PAYC
PAYC
Q4 25
$40.4M
$122.6M
Q3 25
$42.0M
$79.8M
Q2 25
$95.7M
$60.8M
Q1 25
$94.2M
$144.8M
Q4 24
$37.6M
$109.0M
Q3 24
$53.9M
$44.6M
Q2 24
$95.2M
$86.5M
Q1 24
$144.1M
$100.9M
FCF Margin
AMCX
AMCX
PAYC
PAYC
Q4 25
6.8%
22.5%
Q3 25
7.5%
16.2%
Q2 25
16.0%
12.6%
Q1 25
17.0%
27.3%
Q4 24
6.3%
22.1%
Q3 24
9.0%
9.9%
Q2 24
15.2%
19.8%
Q1 24
24.2%
20.2%
Capex Intensity
AMCX
AMCX
PAYC
PAYC
Q4 25
1.5%
13.5%
Q3 25
0.5%
19.9%
Q2 25
1.2%
12.8%
Q1 25
2.6%
7.1%
Q4 24
3.4%
10.4%
Q3 24
1.4%
10.7%
Q2 24
1.5%
10.4%
Q1 24
1.1%
9.5%
Cash Conversion
AMCX
AMCX
PAYC
PAYC
Q4 25
1.72×
Q3 25
0.59×
1.61×
Q2 25
2.04×
1.37×
Q1 25
6.03×
1.31×
Q4 24
1.41×
Q3 24
1.50×
1.27×
Q2 24
1.94×
Q1 24
3.29×
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMCX
AMCX

Subscription And Circulation$314.8M53%
Advertising$124.9M21%
Other$79.1M13%
License$74.8M13%
Related Party$1.2M0%

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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