vs
Side-by-side financial comparison of Acushnet Holdings Corp. (GOLF) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Acushnet Holdings Corp. is the larger business by last-quarter revenue ($477.2M vs $387.0M, roughly 1.2× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs -7.3%, a 20.3% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 7.2%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-23.3M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs -17.9%).
The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
GOLF vs PCTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $477.2M | $387.0M |
| Net Profit | $-34.9M | $50.2M |
| Gross Margin | 44.1% | 72.9% |
| Operating Margin | -3.8% | 18.2% |
| Net Margin | -7.3% | 13.0% |
| Revenue YoY | 7.2% | 11.3% |
| Net Profit YoY | -3027.3% | 34.0% |
| EPS (diluted) | $-0.57 | $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 | $477.2M | $387.0M | ||
| Q3 25 | $657.7M | $378.9M | ||
| Q2 25 | $720.5M | $369.9M | ||
| Q1 25 | $703.4M | $421.1M | ||
| Q4 24 | $445.2M | $347.7M | ||
| Q3 24 | $620.5M | $333.1M | ||
| Q2 24 | $683.9M | $324.7M | ||
| Q1 24 | $707.6M | $366.8M |
| Q4 25 | $-34.9M | $50.2M | ||
| Q3 25 | $48.5M | $48.0M | ||
| Q2 25 | $75.6M | $48.6M | ||
| Q1 25 | $99.4M | $91.5M | ||
| Q4 24 | $-1.1M | $37.5M | ||
| Q3 24 | $56.2M | $49.6M | ||
| Q2 24 | $71.4M | $48.8M | ||
| Q1 24 | $87.8M | $85.3M |
| Q4 25 | 44.1% | 72.9% | ||
| Q3 25 | 48.5% | 73.9% | ||
| Q2 25 | 49.2% | 73.5% | ||
| Q1 25 | 47.9% | 77.1% | ||
| Q4 24 | 22.6% | 72.6% | ||
| Q3 24 | 54.4% | 74.4% | ||
| Q2 24 | 54.4% | 74.0% | ||
| Q1 24 | 53.4% | 77.8% |
| Q4 25 | -3.8% | 18.2% | ||
| Q3 25 | 14.1% | 19.6% | ||
| Q2 25 | 15.2% | 17.9% | ||
| Q1 25 | 16.3% | 30.2% | ||
| Q4 24 | -1.2% | 13.4% | ||
| Q3 24 | 13.2% | 19.3% | ||
| Q2 24 | 15.5% | 19.4% | ||
| Q1 24 | 17.2% | 29.0% |
| Q4 25 | -7.3% | 13.0% | ||
| Q3 25 | 7.4% | 12.7% | ||
| Q2 25 | 10.5% | 13.1% | ||
| Q1 25 | 14.1% | 21.7% | ||
| Q4 24 | -0.3% | 10.8% | ||
| Q3 24 | 9.1% | 14.9% | ||
| Q2 24 | 10.4% | 15.0% | ||
| Q1 24 | 12.4% | 23.3% |
| Q4 25 | $-0.57 | $0.92 | ||
| Q3 25 | $0.81 | $0.86 | ||
| Q2 25 | $1.25 | $0.87 | ||
| Q1 25 | $1.62 | $1.61 | ||
| Q4 24 | $0.02 | $0.66 | ||
| Q3 24 | $0.89 | $0.88 | ||
| Q2 24 | $1.11 | $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 | — | $162.5M |
| Total DebtLower is stronger | $926.2M | $81.3M |
| Stockholders' EquityBook value | $783.6M | $1.1B |
| Total Assets | $2.3B | $7.0B |
| Debt / EquityLower = less leverage | 1.18× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $162.5M | ||
| Q3 25 | — | $165.2M | ||
| Q2 25 | — | $398.1M | ||
| Q1 25 | — | $477.8M | ||
| Q4 24 | — | $482.4M | ||
| Q3 24 | — | $778.5M | ||
| Q2 24 | — | $401.8M | ||
| Q1 24 | — | $492.7M |
| Q4 25 | $926.2M | $81.3M | ||
| Q3 25 | — | $81.3M | ||
| Q2 25 | — | $162.5M | ||
| Q1 25 | — | $243.8M | ||
| Q4 24 | $753.1M | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | — |
| Q4 25 | $783.6M | $1.1B | ||
| Q3 25 | $852.3M | $1.1B | ||
| Q2 25 | $808.5M | $1.2B | ||
| Q1 25 | $780.3M | $1.2B | ||
| Q4 24 | $765.2M | $1.2B | ||
| Q3 24 | $863.9M | $1.1B | ||
| Q2 24 | $863.7M | $1.0B | ||
| Q1 24 | $883.7M | $1.1B |
| Q4 25 | $2.3B | $7.0B | ||
| Q3 25 | $2.4B | $4.2B | ||
| Q2 25 | $2.4B | $4.4B | ||
| Q1 25 | $2.4B | $5.2B | ||
| Q4 24 | $2.2B | $5.3B | ||
| Q3 24 | $2.3B | $4.0B | ||
| Q2 24 | $2.3B | $4.2B | ||
| Q1 24 | $2.4B | $5.0B |
| Q4 25 | 1.18× | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | 0.98× | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | — |
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 | $-338.0K | $117.0M |
| Free Cash FlowOCF − Capex | $-23.3M | $113.6M |
| FCF MarginFCF / Revenue | -4.9% | 29.4% |
| Capex IntensityCapex / Revenue | 4.8% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $120.0M | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-338.0K | $117.0M | ||
| Q3 25 | $163.1M | $86.5M | ||
| Q2 25 | $151.9M | $86.6M | ||
| Q1 25 | $-120.3M | $186.0M | ||
| Q4 24 | $-1.1M | $54.2M | ||
| Q3 24 | $144.1M | $91.5M | ||
| Q2 24 | $211.6M | $79.9M | ||
| Q1 24 | $-109.5M | $167.5M |
| Q4 25 | $-23.3M | $113.6M | ||
| Q3 25 | $136.9M | $82.7M | ||
| Q2 25 | $138.0M | $81.1M | ||
| Q1 25 | $-131.5M | $183.7M | ||
| Q4 24 | $-33.2M | $51.2M | ||
| Q3 24 | $123.7M | $89.1M | ||
| Q2 24 | $196.8M | $73.6M | ||
| Q1 24 | $-116.8M | $162.0M |
| Q4 25 | -4.9% | 29.4% | ||
| Q3 25 | 20.8% | 21.8% | ||
| Q2 25 | 19.2% | 21.9% | ||
| Q1 25 | -18.7% | 43.6% | ||
| Q4 24 | -7.5% | 14.7% | ||
| Q3 24 | 19.9% | 26.8% | ||
| Q2 24 | 28.8% | 22.7% | ||
| Q1 24 | -16.5% | 44.2% |
| Q4 25 | 4.8% | 0.9% | ||
| Q3 25 | 4.0% | 1.0% | ||
| Q2 25 | 1.9% | 1.5% | ||
| Q1 25 | 1.6% | 0.5% | ||
| Q4 24 | 7.2% | 0.9% | ||
| Q3 24 | 3.3% | 0.7% | ||
| Q2 24 | 2.2% | 1.9% | ||
| Q1 24 | 1.0% | 1.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | 3.36× | 1.80× | ||
| Q2 25 | 2.01× | 1.78× | ||
| Q1 25 | -1.21× | 2.03× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 2.56× | 1.84× | ||
| Q2 24 | 2.96× | 1.64× | ||
| Q1 24 | -1.25× | 1.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
