vs
Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $387.0M, roughly 2.0× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs 2.2%, a 10.8% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 2.5%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $28.9M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs 0.9%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
PCTY vs SCSC — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $387.0M | $766.5M |
| Net Profit | $50.2M | $16.5M |
| Gross Margin | 72.9% | 13.4% |
| Operating Margin | 18.2% | 2.3% |
| Net Margin | 13.0% | 2.2% |
| Revenue YoY | 11.3% | 2.5% |
| Net Profit YoY | 34.0% | -3.3% |
| EPS (diluted) | $0.92 | $0.75 |
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 | $387.0M | $766.5M | ||
| Q3 25 | $378.9M | $739.6M | ||
| Q2 25 | $369.9M | $812.9M | ||
| Q1 25 | $421.1M | $704.8M | ||
| Q4 24 | $347.7M | $747.5M | ||
| Q3 24 | $333.1M | $775.6M | ||
| Q2 24 | $324.7M | $746.1M | ||
| Q1 24 | $366.8M | $752.6M |
| Q4 25 | $50.2M | $16.5M | ||
| Q3 25 | $48.0M | $19.9M | ||
| Q2 25 | $48.6M | $20.1M | ||
| Q1 25 | $91.5M | $17.4M | ||
| Q4 24 | $37.5M | $17.1M | ||
| Q3 24 | $49.6M | $17.0M | ||
| Q2 24 | $48.8M | $16.1M | ||
| Q1 24 | $85.3M | $12.8M |
| Q4 25 | 72.9% | 13.4% | ||
| Q3 25 | 73.9% | 14.5% | ||
| Q2 25 | 73.5% | 12.9% | ||
| Q1 25 | 77.1% | 14.2% | ||
| Q4 24 | 72.6% | 13.6% | ||
| Q3 24 | 74.4% | 13.1% | ||
| Q2 24 | 74.0% | 13.0% | ||
| Q1 24 | 77.8% | 12.6% |
| Q4 25 | 18.2% | 2.3% | ||
| Q3 25 | 19.6% | 3.5% | ||
| Q2 25 | 17.9% | 3.3% | ||
| Q1 25 | 30.2% | 3.2% | ||
| Q4 24 | 13.4% | 2.5% | ||
| Q3 24 | 19.3% | 2.3% | ||
| Q2 24 | 19.4% | 2.9% | ||
| Q1 24 | 29.0% | 2.3% |
| Q4 25 | 13.0% | 2.2% | ||
| Q3 25 | 12.7% | 2.7% | ||
| Q2 25 | 13.1% | 2.5% | ||
| Q1 25 | 21.7% | 2.5% | ||
| Q4 24 | 10.8% | 2.3% | ||
| Q3 24 | 14.9% | 2.2% | ||
| Q2 24 | 15.0% | 2.2% | ||
| Q1 24 | 23.3% | 1.7% |
| Q4 25 | $0.92 | $0.75 | ||
| Q3 25 | $0.86 | $0.89 | ||
| Q2 25 | $0.87 | $0.87 | ||
| Q1 25 | $1.61 | $0.74 | ||
| Q4 24 | $0.66 | $0.70 | ||
| Q3 24 | $0.88 | $0.69 | ||
| Q2 24 | $0.85 | $0.66 | ||
| Q1 24 | $1.50 | $0.50 |
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 | $83.5M |
| Total DebtLower is stronger | $81.3M | — |
| Stockholders' EquityBook value | $1.1B | $910.9M |
| Total Assets | $7.0B | $1.7B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $162.5M | $83.5M | ||
| Q3 25 | $165.2M | $124.9M | ||
| Q2 25 | $398.1M | $126.2M | ||
| Q1 25 | $477.8M | $146.3M | ||
| Q4 24 | $482.4M | $110.5M | ||
| Q3 24 | $778.5M | $145.0M | ||
| Q2 24 | $401.8M | $185.5M | ||
| Q1 24 | $492.7M | $159.1M |
| Q4 25 | $81.3M | — | ||
| Q3 25 | $81.3M | — | ||
| Q2 25 | $162.5M | — | ||
| Q1 25 | $243.8M | — | ||
| Q4 24 | $325.0M | — | ||
| Q3 24 | $325.0M | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.1B | $910.9M | ||
| Q3 25 | $1.1B | $914.0M | ||
| Q2 25 | $1.2B | $906.4M | ||
| Q1 25 | $1.2B | $901.7M | ||
| Q4 24 | $1.2B | $900.7M | ||
| Q3 24 | $1.1B | $920.9M | ||
| Q2 24 | $1.0B | $924.3M | ||
| Q1 24 | $1.1B | $944.1M |
| Q4 25 | $7.0B | $1.7B | ||
| Q3 25 | $4.2B | $1.7B | ||
| Q2 25 | $4.4B | $1.8B | ||
| Q1 25 | $5.2B | $1.7B | ||
| Q4 24 | $5.3B | $1.7B | ||
| Q3 24 | $4.0B | $1.8B | ||
| Q2 24 | $4.2B | $1.8B | ||
| Q1 24 | $5.0B | $1.8B |
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 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 | $117.0M | $30.8M |
| Free Cash FlowOCF − Capex | $113.6M | $28.9M |
| FCF MarginFCF / Revenue | 29.4% | 3.8% |
| Capex IntensityCapex / Revenue | 0.9% | 0.3% |
| Cash ConversionOCF / Net Profit | 2.33× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.0M | $30.8M | ||
| Q3 25 | $86.5M | $23.2M | ||
| Q2 25 | $86.6M | — | ||
| Q1 25 | $186.0M | $66.1M | ||
| Q4 24 | $54.2M | $-6.2M | ||
| Q3 24 | $91.5M | $44.8M | ||
| Q2 24 | $79.9M | — | ||
| Q1 24 | $167.5M | $160.2M |
| Q4 25 | $113.6M | $28.9M | ||
| Q3 25 | $82.7M | $20.8M | ||
| Q2 25 | $81.1M | — | ||
| Q1 25 | $183.7M | $64.6M | ||
| Q4 24 | $51.2M | $-8.2M | ||
| Q3 24 | $89.1M | $42.5M | ||
| Q2 24 | $73.6M | — | ||
| Q1 24 | $162.0M | $157.7M |
| Q4 25 | 29.4% | 3.8% | ||
| Q3 25 | 21.8% | 2.8% | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 43.6% | 9.2% | ||
| Q4 24 | 14.7% | -1.1% | ||
| Q3 24 | 26.8% | 5.5% | ||
| Q2 24 | 22.7% | — | ||
| Q1 24 | 44.2% | 21.0% |
| Q4 25 | 0.9% | 0.3% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 1.5% | 0.3% | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 0.9% | 0.3% | ||
| Q3 24 | 0.7% | 0.3% | ||
| Q2 24 | 1.9% | 0.2% | ||
| Q1 24 | 1.5% | 0.3% |
| Q4 25 | 2.33× | 1.87× | ||
| Q3 25 | 1.80× | 1.17× | ||
| Q2 25 | 1.78× | — | ||
| Q1 25 | 2.03× | 3.79× | ||
| Q4 24 | 1.45× | -0.36× | ||
| Q3 24 | 1.84× | 2.64× | ||
| Q2 24 | 1.64× | — | ||
| Q1 24 | 1.96× | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
