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Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $334.0M, roughly 1.2× WYNDHAM HOTELS & RESORTS, INC.). Paylocity Holding Corp runs the higher net margin — 13.0% vs -18.0%, a 30.9% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $113.6M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs -4.6%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
PCTY vs WH — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $387.0M | $334.0M |
| Net Profit | $50.2M | $-60.0M |
| Gross Margin | 72.9% | — |
| Operating Margin | 18.2% | — |
| Net Margin | 13.0% | -18.0% |
| Revenue YoY | 11.3% | -76.3% |
| Net Profit YoY | 34.0% | -170.6% |
| EPS (diluted) | $0.92 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $387.0M | $334.0M | ||
| Q3 25 | $378.9M | $382.0M | ||
| Q2 25 | $369.9M | $397.0M | ||
| Q1 25 | $421.1M | $316.0M | ||
| Q4 24 | $347.7M | $336.0M | ||
| Q3 24 | $333.1M | $396.0M | ||
| Q2 24 | $324.7M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $50.2M | $-60.0M | ||
| Q3 25 | $48.0M | $105.0M | ||
| Q2 25 | $48.6M | $87.0M | ||
| Q1 25 | $91.5M | $61.0M | ||
| Q4 24 | $37.5M | $85.0M | ||
| Q3 24 | $49.6M | $102.0M | ||
| Q2 24 | $48.8M | $86.0M |
| 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 | — | — | ||
| Q4 25 | 18.2% | -11.4% | ||
| Q3 25 | 19.6% | 46.6% | ||
| Q2 25 | 17.9% | 37.8% | ||
| Q1 25 | 30.2% | 35.4% | ||
| Q4 24 | 13.4% | 38.4% | ||
| Q3 24 | 19.3% | 43.2% | ||
| Q2 24 | 19.4% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 13.0% | -18.0% | ||
| Q3 25 | 12.7% | 27.5% | ||
| Q2 25 | 13.1% | 21.9% | ||
| Q1 25 | 21.7% | 19.3% | ||
| Q4 24 | 10.8% | 25.3% | ||
| Q3 24 | 14.9% | 25.8% | ||
| Q2 24 | 15.0% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.92 | $-0.77 | ||
| Q3 25 | $0.86 | $1.36 | ||
| Q2 25 | $0.87 | $1.13 | ||
| Q1 25 | $1.61 | $0.78 | ||
| Q4 24 | $0.66 | $1.06 | ||
| Q3 24 | $0.88 | $1.29 | ||
| Q2 24 | $0.85 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $81.3M | — |
| Stockholders' EquityBook value | $1.1B | $468.0M |
| Total Assets | $7.0B | $4.2B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $162.5M | $64.0M | ||
| Q3 25 | $165.2M | $70.0M | ||
| Q2 25 | $398.1M | $50.0M | ||
| Q1 25 | $477.8M | $48.0M | ||
| Q4 24 | $482.4M | $103.0M | ||
| Q3 24 | $778.5M | $72.0M | ||
| Q2 24 | $401.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $81.3M | $2.5B | ||
| Q3 25 | $81.3M | $2.6B | ||
| Q2 25 | $162.5M | $2.5B | ||
| Q1 25 | $243.8M | $2.5B | ||
| Q4 24 | $325.0M | $2.4B | ||
| Q3 24 | $325.0M | $2.4B | ||
| Q2 24 | $0 | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.1B | $468.0M | ||
| Q3 25 | $1.1B | $583.0M | ||
| Q2 25 | $1.2B | $570.0M | ||
| Q1 25 | $1.2B | $579.0M | ||
| Q4 24 | $1.2B | $650.0M | ||
| Q3 24 | $1.1B | $583.0M | ||
| Q2 24 | $1.0B | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $7.0B | $4.2B | ||
| Q3 25 | $4.2B | $4.3B | ||
| Q2 25 | $4.4B | $4.3B | ||
| Q1 25 | $5.2B | $4.2B | ||
| Q4 24 | $5.3B | $4.2B | ||
| Q3 24 | $4.0B | $4.2B | ||
| Q2 24 | $4.2B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | 5.37× | ||
| Q3 25 | 0.07× | 4.43× | ||
| Q2 25 | 0.13× | 4.44× | ||
| Q1 25 | 0.20× | 4.29× | ||
| Q4 24 | 0.28× | 3.72× | ||
| Q3 24 | 0.29× | 4.19× | ||
| Q2 24 | 0.00× | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $113.6M | $168.0M |
| FCF MarginFCF / Revenue | 29.4% | 50.3% |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | 2.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $117.0M | $152.0M | ||
| Q3 25 | $86.5M | $86.0M | ||
| Q2 25 | $86.6M | $70.0M | ||
| Q1 25 | $186.0M | $59.0M | ||
| Q4 24 | $54.2M | $134.0M | ||
| Q3 24 | $91.5M | $79.0M | ||
| Q2 24 | $79.9M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $113.6M | $136.0M | ||
| Q3 25 | $82.7M | $75.0M | ||
| Q2 25 | $81.1M | $58.0M | ||
| Q1 25 | $183.7M | $52.0M | ||
| Q4 24 | $51.2M | $109.0M | ||
| Q3 24 | $89.1M | $71.0M | ||
| Q2 24 | $73.6M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 29.4% | 40.7% | ||
| Q3 25 | 21.8% | 19.6% | ||
| Q2 25 | 21.9% | 14.6% | ||
| Q1 25 | 43.6% | 16.5% | ||
| Q4 24 | 14.7% | 32.4% | ||
| Q3 24 | 26.8% | 17.9% | ||
| Q2 24 | 22.7% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 4.8% | ||
| Q3 25 | 1.0% | 2.9% | ||
| Q2 25 | 1.5% | 3.0% | ||
| Q1 25 | 0.5% | 2.2% | ||
| Q4 24 | 0.9% | 7.4% | ||
| Q3 24 | 0.7% | 2.0% | ||
| Q2 24 | 1.9% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.33× | — | ||
| Q3 25 | 1.80× | 0.82× | ||
| Q2 25 | 1.78× | 0.80× | ||
| Q1 25 | 2.03× | 0.97× | ||
| Q4 24 | 1.45× | 1.58× | ||
| Q3 24 | 1.84× | 0.77× | ||
| Q2 24 | 1.64× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
