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Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $387.0M, roughly 1.7× Paylocity Holding Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 13.0%, a 21.2% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 2.7%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
PCTY vs SSB — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $387.0M | $661.7M |
| Net Profit | $50.2M | $225.8M |
| Gross Margin | 72.9% | — |
| Operating Margin | 18.2% | 15.1% |
| Net Margin | 13.0% | 34.1% |
| Revenue YoY | 11.3% | — |
| Net Profit YoY | 34.0% | 153.5% |
| EPS (diluted) | $0.92 | $2.28 |
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 | — | $661.7M | ||
| Q4 25 | $387.0M | $581.1M | ||
| Q3 25 | $378.9M | $599.7M | ||
| Q2 25 | $369.9M | $577.9M | ||
| Q1 25 | $421.1M | $544.5M | ||
| Q4 24 | $347.7M | $369.8M | ||
| Q3 24 | $333.1M | $351.5M | ||
| Q2 24 | $324.7M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $50.2M | $247.7M | ||
| Q3 25 | $48.0M | $246.6M | ||
| Q2 25 | $48.6M | $215.2M | ||
| Q1 25 | $91.5M | $89.1M | ||
| Q4 24 | $37.5M | $144.2M | ||
| Q3 24 | $49.6M | $143.2M | ||
| Q2 24 | $48.8M | $132.4M |
| Q1 26 | — | — | ||
| 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 26 | — | 15.1% | ||
| Q4 25 | 18.2% | 54.3% | ||
| Q3 25 | 19.6% | 53.6% | ||
| Q2 25 | 17.9% | 48.8% | ||
| Q1 25 | 30.2% | 22.3% | ||
| Q4 24 | 13.4% | 50.7% | ||
| Q3 24 | 19.3% | 53.1% | ||
| Q2 24 | 19.4% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 13.0% | 42.6% | ||
| Q3 25 | 12.7% | 41.1% | ||
| Q2 25 | 13.1% | 37.2% | ||
| Q1 25 | 21.7% | 16.4% | ||
| Q4 24 | 10.8% | 39.0% | ||
| Q3 24 | 14.9% | 40.7% | ||
| Q2 24 | 15.0% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.92 | $2.47 | ||
| Q3 25 | $0.86 | $2.42 | ||
| Q2 25 | $0.87 | $2.11 | ||
| Q1 25 | $1.61 | $0.87 | ||
| Q4 24 | $0.66 | $1.88 | ||
| Q3 24 | $0.88 | $1.86 | ||
| Q2 24 | $0.85 | $1.73 |
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 | $2.9B |
| Total DebtLower is stronger | $81.3M | — |
| Stockholders' EquityBook value | $1.1B | $9.0B |
| Total Assets | $7.0B | $68.0B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| 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 26 | — | — | ||
| 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 26 | — | $9.0B | ||
| Q4 25 | $1.1B | $9.1B | ||
| Q3 25 | $1.1B | $9.0B | ||
| Q2 25 | $1.2B | $8.8B | ||
| Q1 25 | $1.2B | $8.6B | ||
| Q4 24 | $1.2B | $5.9B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.0B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $7.0B | $67.2B | ||
| Q3 25 | $4.2B | $66.0B | ||
| Q2 25 | $4.4B | $65.9B | ||
| Q1 25 | $5.2B | $65.1B | ||
| Q4 24 | $5.3B | $46.4B | ||
| Q3 24 | $4.0B | $46.1B | ||
| Q2 24 | $4.2B | $45.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $113.6M | — |
| FCF MarginFCF / Revenue | 29.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | 2.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $117.0M | $232.1M | ||
| Q3 25 | $86.5M | $122.4M | ||
| Q2 25 | $86.6M | $72.6M | ||
| Q1 25 | $186.0M | $-126.3M | ||
| Q4 24 | $54.2M | $354.3M | ||
| Q3 24 | $91.5M | $-246.8M | ||
| Q2 24 | $79.9M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $113.6M | $215.5M | ||
| Q3 25 | $82.7M | $101.7M | ||
| Q2 25 | $81.1M | $52.5M | ||
| Q1 25 | $183.7M | $-139.1M | ||
| Q4 24 | $51.2M | $340.9M | ||
| Q3 24 | $89.1M | $-254.2M | ||
| Q2 24 | $73.6M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 29.4% | 37.1% | ||
| Q3 25 | 21.8% | 17.0% | ||
| Q2 25 | 21.9% | 9.1% | ||
| Q1 25 | 43.6% | -25.5% | ||
| Q4 24 | 14.7% | 92.2% | ||
| Q3 24 | 26.8% | -72.3% | ||
| Q2 24 | 22.7% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 2.9% | ||
| Q3 25 | 1.0% | 3.5% | ||
| Q2 25 | 1.5% | 3.5% | ||
| Q1 25 | 0.5% | 2.4% | ||
| Q4 24 | 0.9% | 3.6% | ||
| Q3 24 | 0.7% | 2.1% | ||
| Q2 24 | 1.9% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.33× | 0.94× | ||
| Q3 25 | 1.80× | 0.50× | ||
| Q2 25 | 1.78× | 0.34× | ||
| Q1 25 | 2.03× | -1.42× | ||
| Q4 24 | 1.45× | 2.46× | ||
| Q3 24 | 1.84× | -1.72× | ||
| Q2 24 | 1.64× | 0.96× |
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% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
