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Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $382.1M, roughly 1.0× EXPRO GROUP HOLDINGS N.V.). Paylocity Holding Corp runs the higher net margin — 13.0% vs 1.5%, a 11.5% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs -12.5%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $23.2M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs -0.2%).

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

Expro is an energy services provider headquartered in Houston, Texas, United States.

PCTY vs XPRO — Head-to-Head

Bigger by revenue
PCTY
PCTY
1.0× larger
PCTY
$387.0M
$382.1M
XPRO
Growing faster (revenue YoY)
PCTY
PCTY
+23.8% gap
PCTY
11.3%
-12.5%
XPRO
Higher net margin
PCTY
PCTY
11.5% more per $
PCTY
13.0%
1.5%
XPRO
More free cash flow
PCTY
PCTY
$90.4M more FCF
PCTY
$113.6M
$23.2M
XPRO
Faster 2-yr revenue CAGR
PCTY
PCTY
Annualised
PCTY
2.7%
-0.2%
XPRO

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PCTY
PCTY
XPRO
XPRO
Revenue
$387.0M
$382.1M
Net Profit
$50.2M
$5.8M
Gross Margin
72.9%
Operating Margin
18.2%
3.1%
Net Margin
13.0%
1.5%
Revenue YoY
11.3%
-12.5%
Net Profit YoY
34.0%
-74.9%
EPS (diluted)
$0.92
$0.05

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.

Revenue
PCTY
PCTY
XPRO
XPRO
Q4 25
$387.0M
$382.1M
Q3 25
$378.9M
$411.4M
Q2 25
$369.9M
$422.7M
Q1 25
$421.1M
$390.9M
Q4 24
$347.7M
$436.8M
Q3 24
$333.1M
$422.8M
Q2 24
$324.7M
$469.6M
Q1 24
$366.8M
$383.5M
Net Profit
PCTY
PCTY
XPRO
XPRO
Q4 25
$50.2M
$5.8M
Q3 25
$48.0M
$14.0M
Q2 25
$48.6M
$18.0M
Q1 25
$91.5M
$13.9M
Q4 24
$37.5M
$23.0M
Q3 24
$49.6M
$16.3M
Q2 24
$48.8M
$15.3M
Q1 24
$85.3M
$-2.7M
Gross Margin
PCTY
PCTY
XPRO
XPRO
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%
Operating Margin
PCTY
PCTY
XPRO
XPRO
Q4 25
18.2%
3.1%
Q3 25
19.6%
6.4%
Q2 25
17.9%
7.7%
Q1 25
30.2%
2.6%
Q4 24
13.4%
7.3%
Q3 24
19.3%
6.2%
Q2 24
19.4%
5.9%
Q1 24
29.0%
2.2%
Net Margin
PCTY
PCTY
XPRO
XPRO
Q4 25
13.0%
1.5%
Q3 25
12.7%
3.4%
Q2 25
13.1%
4.3%
Q1 25
21.7%
3.6%
Q4 24
10.8%
5.3%
Q3 24
14.9%
3.8%
Q2 24
15.0%
3.3%
Q1 24
23.3%
-0.7%
EPS (diluted)
PCTY
PCTY
XPRO
XPRO
Q4 25
$0.92
$0.05
Q3 25
$0.86
$0.12
Q2 25
$0.87
$0.16
Q1 25
$1.61
$0.12
Q4 24
$0.66
$0.20
Q3 24
$0.88
$0.14
Q2 24
$0.85
$0.13
Q1 24
$1.50
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PCTY
PCTY
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$162.5M
$196.1M
Total DebtLower is stronger
$81.3M
$79.1M
Stockholders' EquityBook value
$1.1B
$1.5B
Total Assets
$7.0B
$2.3B
Debt / EquityLower = less leverage
0.07×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCTY
PCTY
XPRO
XPRO
Q4 25
$162.5M
$196.1M
Q3 25
$165.2M
$197.9M
Q2 25
$398.1M
$206.8M
Q1 25
$477.8M
$179.3M
Q4 24
$482.4M
$183.0M
Q3 24
$778.5M
$165.7M
Q2 24
$401.8M
$133.5M
Q1 24
$492.7M
$163.2M
Total Debt
PCTY
PCTY
XPRO
XPRO
Q4 25
$81.3M
$79.1M
Q3 25
$81.3M
$99.1M
Q2 25
$162.5M
$121.1M
Q1 25
$243.8M
$121.1M
Q4 24
$325.0M
$121.1M
Q3 24
$325.0M
$121.1M
Q2 24
$0
$121.1M
Q1 24
$40.0M
Stockholders' Equity
PCTY
PCTY
XPRO
XPRO
Q4 25
$1.1B
$1.5B
Q3 25
$1.1B
$1.5B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$1.1B
$1.5B
Q2 24
$1.0B
$1.5B
Q1 24
$1.1B
$1.3B
Total Assets
PCTY
PCTY
XPRO
XPRO
Q4 25
$7.0B
$2.3B
Q3 25
$4.2B
$2.3B
Q2 25
$4.4B
$2.3B
Q1 25
$5.2B
$2.3B
Q4 24
$5.3B
$2.3B
Q3 24
$4.0B
$2.3B
Q2 24
$4.2B
$2.3B
Q1 24
$5.0B
$2.0B
Debt / Equity
PCTY
PCTY
XPRO
XPRO
Q4 25
0.07×
0.05×
Q3 25
0.07×
0.07×
Q2 25
0.13×
0.08×
Q1 25
0.20×
0.08×
Q4 24
0.28×
0.08×
Q3 24
0.29×
0.08×
Q2 24
0.00×
0.08×
Q1 24
0.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PCTY
PCTY
XPRO
XPRO
Operating Cash FlowLast quarter
$117.0M
$57.1M
Free Cash FlowOCF − Capex
$113.6M
$23.2M
FCF MarginFCF / Revenue
29.4%
6.1%
Capex IntensityCapex / Revenue
0.9%
8.9%
Cash ConversionOCF / Net Profit
2.33×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$461.1M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCTY
PCTY
XPRO
XPRO
Q4 25
$117.0M
$57.1M
Q3 25
$86.5M
$63.2M
Q2 25
$86.6M
$48.4M
Q1 25
$186.0M
$41.5M
Q4 24
$54.2M
$97.4M
Q3 24
$91.5M
$55.3M
Q2 24
$79.9M
$-13.2M
Q1 24
$167.5M
$29.9M
Free Cash Flow
PCTY
PCTY
XPRO
XPRO
Q4 25
$113.6M
$23.2M
Q3 25
$82.7M
$39.0M
Q2 25
$81.1M
$27.2M
Q1 25
$183.7M
$8.4M
Q4 24
$51.2M
$53.0M
Q3 24
$89.1M
$23.3M
Q2 24
$73.6M
$-49.5M
Q1 24
$162.0M
$-801.0K
FCF Margin
PCTY
PCTY
XPRO
XPRO
Q4 25
29.4%
6.1%
Q3 25
21.8%
9.5%
Q2 25
21.9%
6.4%
Q1 25
43.6%
2.1%
Q4 24
14.7%
12.1%
Q3 24
26.8%
5.5%
Q2 24
22.7%
-10.5%
Q1 24
44.2%
-0.2%
Capex Intensity
PCTY
PCTY
XPRO
XPRO
Q4 25
0.9%
8.9%
Q3 25
1.0%
5.9%
Q2 25
1.5%
5.0%
Q1 25
0.5%
8.5%
Q4 24
0.9%
10.2%
Q3 24
0.7%
7.6%
Q2 24
1.9%
7.7%
Q1 24
1.5%
8.0%
Cash Conversion
PCTY
PCTY
XPRO
XPRO
Q4 25
2.33×
9.89×
Q3 25
1.80×
4.52×
Q2 25
1.78×
2.69×
Q1 25
2.03×
2.98×
Q4 24
1.45×
4.23×
Q3 24
1.84×
3.40×
Q2 24
1.64×
-0.86×
Q1 24
1.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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