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Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $220.8M, roughly 1.8× UNIVERSAL TECHNICAL INSTITUTE INC). Paylocity Holding Corp runs the higher net margin — 13.0% vs 5.8%, a 7.2% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 9.6%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-19.2M). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE INC's revenue compounded faster (9.5% CAGR vs 2.7%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
PCTY vs UTI — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $387.0M | $220.8M |
| Net Profit | $50.2M | $12.8M |
| Gross Margin | 72.9% | — |
| Operating Margin | 18.2% | 7.1% |
| Net Margin | 13.0% | 5.8% |
| Revenue YoY | 11.3% | 9.6% |
| Net Profit YoY | 34.0% | -42.1% |
| EPS (diluted) | $0.92 | $0.23 |
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 | $220.8M | ||
| Q3 25 | $378.9M | $222.4M | ||
| Q2 25 | $369.9M | $204.3M | ||
| Q1 25 | $421.1M | $207.4M | ||
| Q4 24 | $347.7M | $201.4M | ||
| Q3 24 | $333.1M | $196.4M | ||
| Q2 24 | $324.7M | $177.5M | ||
| Q1 24 | $366.8M | $184.2M |
| Q4 25 | $50.2M | $12.8M | ||
| Q3 25 | $48.0M | $18.8M | ||
| Q2 25 | $48.6M | $10.7M | ||
| Q1 25 | $91.5M | $11.4M | ||
| Q4 24 | $37.5M | $22.2M | ||
| Q3 24 | $49.6M | $18.8M | ||
| Q2 24 | $48.8M | $5.0M | ||
| Q1 24 | $85.3M | $7.8M |
| 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 | 18.2% | 7.1% | ||
| Q3 25 | 19.6% | 11.2% | ||
| Q2 25 | 17.9% | 6.9% | ||
| Q1 25 | 30.2% | 8.1% | ||
| Q4 24 | 13.4% | 13.6% | ||
| Q3 24 | 19.3% | 13.3% | ||
| Q2 24 | 19.4% | 4.2% | ||
| Q1 24 | 29.0% | 6.1% |
| Q4 25 | 13.0% | 5.8% | ||
| Q3 25 | 12.7% | 8.4% | ||
| Q2 25 | 13.1% | 5.2% | ||
| Q1 25 | 21.7% | 5.5% | ||
| Q4 24 | 10.8% | 11.0% | ||
| Q3 24 | 14.9% | 9.6% | ||
| Q2 24 | 15.0% | 2.8% | ||
| Q1 24 | 23.3% | 4.2% |
| Q4 25 | $0.92 | $0.23 | ||
| Q3 25 | $0.86 | $0.33 | ||
| Q2 25 | $0.87 | $0.19 | ||
| Q1 25 | $1.61 | $0.21 | ||
| Q4 24 | $0.66 | $0.40 | ||
| Q3 24 | $0.88 | $0.35 | ||
| Q2 24 | $0.85 | $0.09 | ||
| Q1 24 | $1.50 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | $81.3M | $101.4M |
| Stockholders' EquityBook value | $1.1B | $335.9M |
| Total Assets | $7.0B | $834.0M |
| Debt / EquityLower = less leverage | 0.07× | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $162.5M | $162.8M | ||
| Q3 25 | $165.2M | $169.1M | ||
| Q2 25 | $398.1M | $70.7M | ||
| Q1 25 | $477.8M | $96.0M | ||
| Q4 24 | $482.4M | $172.0M | ||
| Q3 24 | $778.5M | $161.9M | ||
| Q2 24 | $401.8M | $115.5M | ||
| Q1 24 | $492.7M | $116.1M |
| Q4 25 | $81.3M | $101.4M | ||
| Q3 25 | $81.3M | $87.1M | ||
| Q2 25 | $162.5M | $73.8M | ||
| Q1 25 | $243.8M | $94.4M | ||
| Q4 24 | $325.0M | $120.1M | ||
| Q3 24 | $325.0M | $125.7M | ||
| Q2 24 | $0 | $137.3M | ||
| Q1 24 | — | $141.9M |
| Q4 25 | $1.1B | $335.9M | ||
| Q3 25 | $1.1B | $328.1M | ||
| Q2 25 | $1.2B | $306.8M | ||
| Q1 25 | $1.2B | $293.9M | ||
| Q4 24 | $1.2B | $280.0M | ||
| Q3 24 | $1.1B | $260.2M | ||
| Q2 24 | $1.0B | $239.4M | ||
| Q1 24 | $1.1B | $232.6M |
| Q4 25 | $7.0B | $834.0M | ||
| Q3 25 | $4.2B | $826.1M | ||
| Q2 25 | $4.4B | $740.8M | ||
| Q1 25 | $5.2B | $720.4M | ||
| Q4 24 | $5.3B | $753.8M | ||
| Q3 24 | $4.0B | $744.6M | ||
| Q2 24 | $4.2B | $706.0M | ||
| Q1 24 | $5.0B | $702.1M |
| Q4 25 | 0.07× | 0.30× | ||
| Q3 25 | 0.07× | 0.27× | ||
| Q2 25 | 0.13× | 0.24× | ||
| Q1 25 | 0.20× | 0.32× | ||
| Q4 24 | 0.28× | 0.43× | ||
| Q3 24 | 0.29× | 0.48× | ||
| Q2 24 | 0.00× | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | $113.6M | $-19.2M |
| FCF MarginFCF / Revenue | 29.4% | -8.7% |
| Capex IntensityCapex / Revenue | 0.9% | 10.1% |
| Cash ConversionOCF / Net Profit | 2.33× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.0M | $3.1M | ||
| Q3 25 | $86.5M | $57.1M | ||
| Q2 25 | $86.6M | $18.1M | ||
| Q1 25 | $186.0M | $-789.0K | ||
| Q4 24 | $54.2M | $23.0M | ||
| Q3 24 | $91.5M | $67.5M | ||
| Q2 24 | $79.9M | $10.0M | ||
| Q1 24 | $167.5M | $-2.5M |
| Q4 25 | $113.6M | $-19.2M | ||
| Q3 25 | $82.7M | $40.6M | ||
| Q2 25 | $81.1M | $6.8M | ||
| Q1 25 | $183.7M | $-11.7M | ||
| Q4 24 | $51.2M | $19.6M | ||
| Q3 24 | $89.1M | $60.0M | ||
| Q2 24 | $73.6M | $3.0M | ||
| Q1 24 | $162.0M | $-8.4M |
| Q4 25 | 29.4% | -8.7% | ||
| Q3 25 | 21.8% | 18.3% | ||
| Q2 25 | 21.9% | 3.4% | ||
| Q1 25 | 43.6% | -5.7% | ||
| Q4 24 | 14.7% | 9.7% | ||
| Q3 24 | 26.8% | 30.6% | ||
| Q2 24 | 22.7% | 1.7% | ||
| Q1 24 | 44.2% | -4.6% |
| Q4 25 | 0.9% | 10.1% | ||
| Q3 25 | 1.0% | 7.4% | ||
| Q2 25 | 1.5% | 5.5% | ||
| Q1 25 | 0.5% | 5.3% | ||
| Q4 24 | 0.9% | 1.7% | ||
| Q3 24 | 0.7% | 3.8% | ||
| Q2 24 | 1.9% | 4.0% | ||
| Q1 24 | 1.5% | 3.2% |
| Q4 25 | 2.33× | 0.24× | ||
| Q3 25 | 1.80× | 3.04× | ||
| Q2 25 | 1.78× | 1.69× | ||
| Q1 25 | 2.03× | -0.07× | ||
| Q4 24 | 1.45× | 1.04× | ||
| Q3 24 | 1.84× | 3.58× | ||
| Q2 24 | 1.64× | 2.01× | ||
| Q1 24 | 1.96× | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |