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Side-by-side financial comparison of EXACT SCIENCES CORP (EXAS) and Paycom (PAYC). Click either name above to swap in a different company.

EXACT SCIENCES CORP is the larger business by last-quarter revenue ($878.4M vs $544.3M, roughly 1.6× Paycom). Paycom runs the higher net margin — 20.9% vs -9.8%, a 30.7% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs 10.2%). Paycom produced more free cash flow last quarter ($122.6M vs $120.4M). Over the past eight quarters, EXACT SCIENCES CORP's revenue compounded faster (17.4% CAGR vs 4.3%).

Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.

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.

EXAS vs PAYC — Head-to-Head

Bigger by revenue
EXAS
EXAS
1.6× larger
EXAS
$878.4M
$544.3M
PAYC
Growing faster (revenue YoY)
EXAS
EXAS
+12.9% gap
EXAS
23.1%
10.2%
PAYC
Higher net margin
PAYC
PAYC
30.7% more per $
PAYC
20.9%
-9.8%
EXAS
More free cash flow
PAYC
PAYC
$2.2M more FCF
PAYC
$122.6M
$120.4M
EXAS
Faster 2-yr revenue CAGR
EXAS
EXAS
Annualised
EXAS
17.4%
4.3%
PAYC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXAS
EXAS
PAYC
PAYC
Revenue
$878.4M
$544.3M
Net Profit
$-86.0M
$113.8M
Gross Margin
70.1%
83.9%
Operating Margin
-9.4%
28.9%
Net Margin
-9.8%
20.9%
Revenue YoY
23.1%
10.2%
Net Profit YoY
90.1%
0.2%
EPS (diluted)
$-0.45
$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
EXAS
EXAS
PAYC
PAYC
Q4 25
$878.4M
$544.3M
Q3 25
$850.7M
$493.3M
Q2 25
$811.1M
$483.6M
Q1 25
$706.8M
$530.5M
Q4 24
$713.4M
$493.9M
Q3 24
$708.7M
$451.9M
Q2 24
$699.3M
$437.5M
Q1 24
$637.5M
$499.9M
Net Profit
EXAS
EXAS
PAYC
PAYC
Q4 25
$-86.0M
$113.8M
Q3 25
$-19.6M
$110.7M
Q2 25
$-1.2M
$89.5M
Q1 25
$-101.2M
$139.4M
Q4 24
$-864.6M
$113.6M
Q3 24
$-38.2M
$73.3M
Q2 24
$-15.8M
$68.0M
Q1 24
$-110.2M
$247.2M
Gross Margin
EXAS
EXAS
PAYC
PAYC
Q4 25
70.1%
83.9%
Q3 25
68.6%
82.7%
Q2 25
69.3%
81.9%
Q1 25
70.8%
84.1%
Q4 24
69.0%
83.1%
Q3 24
69.4%
80.5%
Q2 24
69.8%
80.8%
Q1 24
70.0%
84.3%
Operating Margin
EXAS
EXAS
PAYC
PAYC
Q4 25
-9.4%
28.9%
Q3 25
-3.0%
22.8%
Q2 25
-0.3%
23.2%
Q1 25
-13.6%
34.9%
Q4 24
-122.8%
30.1%
Q3 24
-5.6%
23.2%
Q2 24
-3.8%
21.7%
Q1 24
-16.7%
57.2%
Net Margin
EXAS
EXAS
PAYC
PAYC
Q4 25
-9.8%
20.9%
Q3 25
-2.3%
22.4%
Q2 25
-0.1%
18.5%
Q1 25
-14.3%
26.3%
Q4 24
-121.2%
23.0%
Q3 24
-5.4%
16.2%
Q2 24
-2.3%
15.5%
Q1 24
-17.3%
49.4%
EPS (diluted)
EXAS
EXAS
PAYC
PAYC
Q4 25
$-0.45
$2.06
Q3 25
$-0.10
$1.96
Q2 25
$-0.01
$1.58
Q1 25
$-0.54
$2.48
Q4 24
$-4.69
$2.04
Q3 24
$-0.21
$1.31
Q2 24
$-0.09
$1.20
Q1 24
$-0.60
$4.37

Balance Sheet & Financial Strength

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

Metric
EXAS
EXAS
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$964.7M
$370.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$1.7B
Total Assets
$5.9B
$7.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXAS
EXAS
PAYC
PAYC
Q4 25
$964.7M
$370.0M
Q3 25
$1.0B
$375.0M
Q2 25
$858.4M
$532.2M
Q1 25
$786.2M
$520.8M
Q4 24
$1.0B
$402.0M
Q3 24
$1.0B
$325.8M
Q2 24
$946.8M
$346.5M
Q1 24
$652.1M
$371.3M
Stockholders' Equity
EXAS
EXAS
PAYC
PAYC
Q4 25
$2.4B
$1.7B
Q3 25
$2.5B
$1.7B
Q2 25
$2.5B
$1.8B
Q1 25
$2.4B
$1.7B
Q4 24
$2.4B
$1.6B
Q3 24
$3.2B
$1.5B
Q2 24
$3.2B
$1.4B
Q1 24
$3.1B
$1.4B
Total Assets
EXAS
EXAS
PAYC
PAYC
Q4 25
$5.9B
$7.6B
Q3 25
$5.9B
$4.2B
Q2 25
$5.8B
$4.0B
Q1 25
$5.7B
$4.6B
Q4 24
$5.9B
$5.9B
Q3 24
$6.7B
$3.5B
Q2 24
$6.7B
$4.3B
Q1 24
$6.4B
$4.7B

Cash Flow & Capital Efficiency

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

Metric
EXAS
EXAS
PAYC
PAYC
Operating Cash FlowLast quarter
$151.7M
$196.1M
Free Cash FlowOCF − Capex
$120.4M
$122.6M
FCF MarginFCF / Revenue
13.7%
22.5%
Capex IntensityCapex / Revenue
3.6%
13.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$356.8M
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXAS
EXAS
PAYC
PAYC
Q4 25
$151.7M
$196.1M
Q3 25
$219.9M
$177.8M
Q2 25
$89.0M
$122.5M
Q1 25
$30.8M
$182.5M
Q4 24
$47.1M
$160.4M
Q3 24
$138.7M
$92.8M
Q2 24
$107.1M
$132.1M
Q1 24
$-82.3M
$148.6M
Free Cash Flow
EXAS
EXAS
PAYC
PAYC
Q4 25
$120.4M
$122.6M
Q3 25
$190.0M
$79.8M
Q2 25
$46.7M
$60.8M
Q1 25
$-365.0K
$144.8M
Q4 24
$10.7M
$109.0M
Q3 24
$112.6M
$44.6M
Q2 24
$71.2M
$86.5M
Q1 24
$-120.0M
$100.9M
FCF Margin
EXAS
EXAS
PAYC
PAYC
Q4 25
13.7%
22.5%
Q3 25
22.3%
16.2%
Q2 25
5.8%
12.6%
Q1 25
-0.1%
27.3%
Q4 24
1.5%
22.1%
Q3 24
15.9%
9.9%
Q2 24
10.2%
19.8%
Q1 24
-18.8%
20.2%
Capex Intensity
EXAS
EXAS
PAYC
PAYC
Q4 25
3.6%
13.5%
Q3 25
3.5%
19.9%
Q2 25
5.2%
12.8%
Q1 25
4.4%
7.1%
Q4 24
5.1%
10.4%
Q3 24
3.7%
10.7%
Q2 24
5.1%
10.4%
Q1 24
5.9%
9.5%
Cash Conversion
EXAS
EXAS
PAYC
PAYC
Q4 25
1.72×
Q3 25
1.61×
Q2 25
1.37×
Q1 25
1.31×
Q4 24
1.41×
Q3 24
1.27×
Q2 24
1.94×
Q1 24
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXAS
EXAS

Screening$695.1M79%
Precision Oncology$183.2M21%

PAYC
PAYC

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

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