vs
Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $351.4M, roughly 1.1× APOGEE ENTERPRISES, INC.). Paylocity Holding Corp runs the higher net margin — 13.0% vs 4.7%, a 8.2% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 1.6%). Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs 2.7%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
APOG vs PCTY — Head-to-Head
Income Statement — Q4 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $387.0M |
| Net Profit | $16.6M | $50.2M |
| Gross Margin | 22.4% | 72.9% |
| Operating Margin | 7.3% | 18.2% |
| Net Margin | 4.7% | 13.0% |
| Revenue YoY | 1.6% | 11.3% |
| Net Profit YoY | 568.8% | 34.0% |
| EPS (diluted) | $0.78 | $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 | $351.4M | — | ||
| Q4 25 | $348.6M | $387.0M | ||
| Q3 25 | $358.2M | $378.9M | ||
| Q2 25 | $346.6M | $369.9M | ||
| Q1 25 | $345.7M | $421.1M | ||
| Q4 24 | $341.3M | $347.7M | ||
| Q3 24 | $342.4M | $333.1M | ||
| Q2 24 | $331.5M | $324.7M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $50.2M | ||
| Q3 25 | $23.6M | $48.0M | ||
| Q2 25 | $-2.7M | $48.6M | ||
| Q1 25 | $2.5M | $91.5M | ||
| Q4 24 | $21.0M | $37.5M | ||
| Q3 24 | $30.6M | $49.6M | ||
| Q2 24 | $31.0M | $48.8M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 72.9% | ||
| Q3 25 | 23.1% | 73.9% | ||
| Q2 25 | 21.7% | 73.5% | ||
| Q1 25 | 21.6% | 77.1% | ||
| Q4 24 | 26.1% | 72.6% | ||
| Q3 24 | 28.4% | 74.4% | ||
| Q2 24 | 29.8% | 74.0% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 18.2% | ||
| Q3 25 | 7.5% | 19.6% | ||
| Q2 25 | 2.0% | 17.9% | ||
| Q1 25 | 1.8% | 30.2% | ||
| Q4 24 | 8.4% | 13.4% | ||
| Q3 24 | 12.3% | 19.3% | ||
| Q2 24 | 12.5% | 19.4% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 13.0% | ||
| Q3 25 | 6.6% | 12.7% | ||
| Q2 25 | -0.8% | 13.1% | ||
| Q1 25 | 0.7% | 21.7% | ||
| Q4 24 | 6.1% | 10.8% | ||
| Q3 24 | 8.9% | 14.9% | ||
| Q2 24 | 9.4% | 15.0% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.92 | ||
| Q3 25 | $1.10 | $0.86 | ||
| Q2 25 | $-0.13 | $0.87 | ||
| Q1 25 | $0.12 | $1.61 | ||
| Q4 24 | $0.96 | $0.66 | ||
| Q3 24 | $1.40 | $0.88 | ||
| Q2 24 | $1.41 | $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 | $39.5M | $162.5M |
| Total DebtLower is stronger | $232.3M | $81.3M |
| Stockholders' EquityBook value | $511.8M | $1.1B |
| Total Assets | $1.1B | $7.0B |
| Debt / EquityLower = less leverage | 0.45× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $162.5M | ||
| Q3 25 | $39.5M | $165.2M | ||
| Q2 25 | $32.8M | $398.1M | ||
| Q1 25 | $41.4M | $477.8M | ||
| Q4 24 | $43.9M | $482.4M | ||
| Q3 24 | $51.0M | $778.5M | ||
| Q2 24 | $30.4M | $401.8M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $81.3M | ||
| Q3 25 | — | $81.3M | ||
| Q2 25 | — | $162.5M | ||
| Q1 25 | $285.0M | $243.8M | ||
| Q4 24 | — | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $1.1B | ||
| Q3 25 | $500.2M | $1.1B | ||
| Q2 25 | $481.8M | $1.2B | ||
| Q1 25 | $487.9M | $1.2B | ||
| Q4 24 | $522.1M | $1.2B | ||
| Q3 24 | $506.4M | $1.1B | ||
| Q2 24 | $480.0M | $1.0B |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $7.0B | ||
| Q3 25 | $1.2B | $4.2B | ||
| Q2 25 | $1.2B | $4.4B | ||
| Q1 25 | $1.2B | $5.2B | ||
| Q4 24 | $1.2B | $5.3B | ||
| Q3 24 | $917.1M | $4.0B | ||
| Q2 24 | $889.0M | $4.2B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | 0.58× | 0.20× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 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 | $122.5M | $117.0M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 29.4% |
| Capex IntensityCapex / Revenue | 7.8% | 0.9% |
| Cash ConversionOCF / Net Profit | 7.37× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $117.0M | ||
| Q3 25 | $57.1M | $86.5M | ||
| Q2 25 | $-19.8M | $86.6M | ||
| Q1 25 | $30.0M | $186.0M | ||
| Q4 24 | $31.0M | $54.2M | ||
| Q3 24 | $58.7M | $91.5M | ||
| Q2 24 | $5.5M | $79.9M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $113.6M | ||
| Q3 25 | $52.4M | $82.7M | ||
| Q2 25 | $-26.9M | $81.1M | ||
| Q1 25 | $19.1M | $183.7M | ||
| Q4 24 | $22.0M | $51.2M | ||
| Q3 24 | $50.2M | $89.1M | ||
| Q2 24 | $-1.8M | $73.6M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 29.4% | ||
| Q3 25 | 14.6% | 21.8% | ||
| Q2 25 | -7.8% | 21.9% | ||
| Q1 25 | 5.5% | 43.6% | ||
| Q4 24 | 6.4% | 14.7% | ||
| Q3 24 | 14.7% | 26.8% | ||
| Q2 24 | -0.5% | 22.7% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.9% | ||
| Q3 25 | 1.3% | 1.0% | ||
| Q2 25 | 2.1% | 1.5% | ||
| Q1 25 | 3.2% | 0.5% | ||
| Q4 24 | 2.6% | 0.9% | ||
| Q3 24 | 2.5% | 0.7% | ||
| Q2 24 | 2.2% | 1.9% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 2.33× | ||
| Q3 25 | 2.41× | 1.80× | ||
| Q2 25 | — | 1.78× | ||
| Q1 25 | 12.08× | 2.03× | ||
| Q4 24 | 1.48× | 1.45× | ||
| Q3 24 | 1.92× | 1.84× | ||
| Q2 24 | 0.18× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
