Paylocity Holding ( (PCTY) ) has released its Q4 earnings. Here is a breakdown of the information Paylocity Holding presented to its investors.
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Paylocity Holding Corporation is a leading provider of cloud-based human capital management (HCM), payroll, and spend management software solutions, catering primarily to businesses seeking to streamline their HR and financial processes. Known for its innovative approach and strong workplace culture, Paylocity has been publicly traded since 2014.
In its latest earnings report, Paylocity announced robust financial results for the fourth quarter and full fiscal year 2025, highlighting a significant increase in both recurring and total revenue. The company also unveiled a strategic expansion with the launch of Paylocity for Finance, aiming to integrate HR and finance functions into a unified platform.
Key financial metrics for fiscal year 2025 include a 15% increase in recurring and other revenue, reaching $1,471.8 million, and a 14% rise in total revenue, totaling $1,595.2 million. The company’s GAAP net income grew by 10% to $227.1 million, while adjusted EBITDA increased by 15% to $583.0 million. Additionally, Paylocity repurchased 800,000 shares of common stock for $150 million and increased its share repurchase authorization by $500 million.
In the fourth quarter, Paylocity reported a 12% increase in total revenue to $400.7 million and a 14% rise in recurring and other revenue to $369.9 million. The company also saw improvements in operating income and adjusted EBITDA, reflecting its focus on efficiency and productivity.
Looking ahead, Paylocity’s management remains optimistic, projecting continued growth in fiscal year 2026 with expected revenue increases and further integration of its HR and finance solutions. The company’s strategic initiatives and strong financial performance position it well for future success in the competitive software solutions market.