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Side-by-side financial comparison of FirstCash Holdings, Inc. (FCFS) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
FirstCash Holdings, Inc. is the larger business by last-quarter revenue ($501.3M vs $387.0M, roughly 1.3× Paylocity Holding Corp). FirstCash Holdings, Inc. runs the higher net margin — 20.8% vs 13.0%, a 7.8% gap on every dollar of revenue. On growth, FirstCash Holdings, Inc. posted the faster year-over-year revenue change (21.2% vs 11.3%). Over the past eight quarters, FirstCash Holdings, Inc.'s revenue compounded faster (16.9% CAGR vs 2.7%).
FirstCash Holdings, Inc. is an American pawnshop company headquartered in Fort Worth, Texas which operates retail pawn stores in the U.S. and Latin America. It is a publicly traded company listed on the Nasdaq stock exchange.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
FCFS vs PCTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $501.3M | $387.0M |
| Net Profit | $104.2M | $50.2M |
| Gross Margin | — | 72.9% |
| Operating Margin | 28.5% | 18.2% |
| Net Margin | 20.8% | 13.0% |
| Revenue YoY | 21.2% | 11.3% |
| Net Profit YoY | 24.7% | 34.0% |
| EPS (diluted) | $2.35 | $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.
| Q4 25 | $501.3M | $387.0M | ||
| Q3 25 | $411.0M | $378.9M | ||
| Q2 25 | $385.1M | $369.9M | ||
| Q1 25 | $371.1M | $421.1M | ||
| Q4 24 | $413.7M | $347.7M | ||
| Q3 24 | $363.1M | $333.1M | ||
| Q2 24 | $363.5M | $324.7M | ||
| Q1 24 | $366.8M | $366.8M |
| Q4 25 | $104.2M | $50.2M | ||
| Q3 25 | $82.8M | $48.0M | ||
| Q2 25 | $59.8M | $48.6M | ||
| Q1 25 | $83.6M | $91.5M | ||
| Q4 24 | $83.5M | $37.5M | ||
| Q3 24 | $64.8M | $49.6M | ||
| Q2 24 | $49.1M | $48.8M | ||
| Q1 24 | $61.4M | $85.3M |
| 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 24 | — | 77.8% |
| Q4 25 | 28.5% | 18.2% | ||
| Q3 25 | 27.4% | 19.6% | ||
| Q2 25 | 21.1% | 17.9% | ||
| Q1 25 | 30.0% | 30.2% | ||
| Q4 24 | 26.5% | 13.4% | ||
| Q3 24 | 23.5% | 19.3% | ||
| Q2 24 | 18.2% | 19.4% | ||
| Q1 24 | 22.3% | 29.0% |
| Q4 25 | 20.8% | 13.0% | ||
| Q3 25 | 20.1% | 12.7% | ||
| Q2 25 | 15.5% | 13.1% | ||
| Q1 25 | 22.5% | 21.7% | ||
| Q4 24 | 20.2% | 10.8% | ||
| Q3 24 | 17.9% | 14.9% | ||
| Q2 24 | 13.5% | 15.0% | ||
| Q1 24 | 16.7% | 23.3% |
| Q4 25 | $2.35 | $0.92 | ||
| Q3 25 | $1.86 | $0.86 | ||
| Q2 25 | $1.34 | $0.87 | ||
| Q1 25 | $1.87 | $1.61 | ||
| Q4 24 | $1.86 | $0.66 | ||
| Q3 24 | $1.44 | $0.88 | ||
| Q2 24 | $1.08 | $0.85 | ||
| Q1 24 | $1.35 | $1.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $125.2M | $162.5M |
| Total DebtLower is stronger | $2.2B | $81.3M |
| Stockholders' EquityBook value | $2.3B | $1.1B |
| Total Assets | $5.3B | $7.0B |
| Debt / EquityLower = less leverage | 0.98× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $162.5M | ||
| Q3 25 | $130.2M | $165.2M | ||
| Q2 25 | $101.5M | $398.1M | ||
| Q1 25 | $146.0M | $477.8M | ||
| Q4 24 | $175.1M | $482.4M | ||
| Q3 24 | $106.3M | $778.5M | ||
| Q2 24 | $113.7M | $401.8M | ||
| Q1 24 | $135.1M | $492.7M |
| Q4 25 | $2.2B | $81.3M | ||
| Q3 25 | $2.2B | $81.3M | ||
| Q2 25 | $1.7B | $162.5M | ||
| Q1 25 | $1.7B | $243.8M | ||
| Q4 24 | $1.7B | $325.0M | ||
| Q3 24 | $1.7B | $325.0M | ||
| Q2 24 | $1.7B | $0 | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $2.3B | $1.1B | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.0B | $1.0B | ||
| Q1 24 | $2.0B | $1.1B |
| Q4 25 | $5.3B | $7.0B | ||
| Q3 25 | $5.2B | $4.2B | ||
| Q2 25 | $4.5B | $4.4B | ||
| Q1 25 | $4.4B | $5.2B | ||
| Q4 24 | $4.5B | $5.3B | ||
| Q3 24 | $4.4B | $4.0B | ||
| Q2 24 | $4.3B | $4.2B | ||
| Q1 24 | $4.2B | $5.0B |
| Q4 25 | 0.98× | 0.07× | ||
| Q3 25 | 1.01× | 0.07× | ||
| Q2 25 | 0.79× | 0.13× | ||
| Q1 25 | 0.83× | 0.20× | ||
| Q4 24 | 0.85× | 0.28× | ||
| Q3 24 | 0.87× | 0.29× | ||
| Q2 24 | 0.85× | 0.00× | ||
| Q1 24 | 0.75× | — |
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 | $206.6M | $117.0M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 29.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | 1.98× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.6M | $117.0M | ||
| Q3 25 | $135.8M | $86.5M | ||
| Q2 25 | $116.9M | $86.6M | ||
| Q1 25 | $126.6M | $186.0M | ||
| Q4 24 | $198.1M | $54.2M | ||
| Q3 24 | $113.1M | $91.5M | ||
| Q2 24 | $106.2M | $79.9M | ||
| Q1 24 | $122.5M | $167.5M |
| Q4 25 | — | $113.6M | ||
| Q3 25 | — | $82.7M | ||
| Q2 25 | — | $81.1M | ||
| Q1 25 | — | $183.7M | ||
| Q4 24 | — | $51.2M | ||
| Q3 24 | — | $89.1M | ||
| Q2 24 | — | $73.6M | ||
| Q1 24 | — | $162.0M |
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 21.8% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 22.7% | ||
| Q1 24 | — | 44.2% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | 1.98× | 2.33× | ||
| Q3 25 | 1.64× | 1.80× | ||
| Q2 25 | 1.95× | 1.78× | ||
| Q1 25 | 1.51× | 2.03× | ||
| Q4 24 | 2.37× | 1.45× | ||
| Q3 24 | 1.74× | 1.84× | ||
| Q2 24 | 2.16× | 1.64× | ||
| Q1 24 | 2.00× | 1.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
