The earnings call reveals strong financial performance, with significant revenue growth and increased profitability. The launch of the innovative IWant product is expected to enhance client engagement and retention. While there are some concerns regarding the decline in interest revenue, the positive aspects, including raised guidance and industry recognitions, largely overshadow these issues.

Company Guidance -

Q3 2025

During Paycom's second quarter 2025 financial results conference call, the company provided updated guidance for the full fiscal year. Paycom raised its revenue expectations to between $2.45 billion and $2.55 billion, representing a 9% year-over-year increase at the midpoint. Recurring and other revenue is projected to grow by 10%, with quarterly growth of approximately 10.5% and 11% year-over-year in Q3 and Q4, respectively. The company also increased its full-year adjusted EBITDA guidance to a range of $872 million to $882 million, reflecting a margin of approximately 43% at the midpoint. These adjustments come on the heels of strong second-quarter performance, with total revenue reaching $484 million, an 11% increase from the previous year, and adjusted EBITDA of $198 million, marking a 24% rise year-over-year. Additionally, Paycom ended the quarter with $532 million in cash and cash equivalents, maintaining a robust financial position with no debt.

Strong Revenue Growth

Total revenue for Q2 2025 reached $484 million, up 11% year-over-year, with recurring and other revenue growing by 12% to $455 million.

Profitability Increase

Non-GAAP net income increased by 27% year-over-year to $117 million, while adjusted EBITDA was $198 million, reflecting a 24% increase and a margin of 41%, which is a 450 basis point increase from the prior year.

Launch of IWant

Paycom released IWant, an AI-driven command product, which has been positively received by clients and is expected to increase user engagement and client satisfaction.

Recognitions and Awards

Paycom was listed in Time Magazine's best companies for the second consecutive year and ranked in the top 20 of Newsweek's inaugural ranking of America's best online platforms.

Strong Sales Performance

Record-breaking sales were reported, and the sales team was recognized by Selling Power magazine as one of the best sales organizations in the country.

Increased Full-Year Guidance

The company raised its full-year revenue guidance to between $2.45 billion and $2.55 billion and adjusted EBITDA guidance to between $872 million and $882 million.

Paycom (PAYC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PAYC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.96 / -	1.67	―	―	―
Aug 06, 2025	2025 (Q2)	1.78 / 2.06	1.62	27.16% (+0.44)	―
May 07, 2025	2025 (Q1)	2.57 / 2.80	2.59	8.11% (+0.21)	―
Feb 12, 2025	2024 (Q4)	1.97 / 2.32	1.93	20.21% (+0.39)	―
Oct 30, 2024	2024 (Q3)	1.60 / 1.67	1.77	-5.65% (-0.10)	―
Jul 31, 2024	2024 (Q2)	1.62 / 1.62	1.62	0.00% (0.00)	―
May 01, 2024	2024 (Q1)	2.45 / 2.59	2.46	5.28% (+0.13)	―
Feb 07, 2024	2023 (Q4)	1.78 / 1.93	1.73	11.56% (+0.20)	―
Oct 31, 2023	2023 (Q3)	1.63 / 1.77	1.27	39.37% (+0.50)	―
Aug 01, 2023	2023 (Q2)	1.60 / 1.62	1.26	28.57% (+0.36)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PAYC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$223.26	$233.38	+4.53%
May 07, 2025	$228.34	$248.99	+9.04%
Feb 12, 2025	$206.38	$211.30	+2.38%
Oct 30, 2024	$171.42	$208.02	+21.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.