The earnings call highlighted significant achievements in revenue growth, customer satisfaction, product innovation, and financial performance. Despite challenges with interest revenue decline and the impact of rate cuts, the company's strong profitability, positive outlook, and strategic initiatives indicate robust future performance.

Company Guidance

During Paycom's first-quarter 2025 earnings call, the company raised its full-year revenue and adjusted EBITDA guidance, reflecting strong client demand and operational efficiencies. The revenue guidance was increased to a range of $2.023 billion to $2.038 billion, representing an approximate 8% year-over-year growth at the midpoint, while recurring and other revenue is expected to grow over 9% year-over-year, with the highest growth anticipated in Q4. Adjusted EBITDA guidance was raised to between $843 million and $858 million, translating to a 42% margin at the midpoint, an expansion of 70 basis points compared to 2024. The company's first-quarter performance was bolstered by a 6% revenue increase to $531 million, with non-GAAP net income reaching $158 million, or $2.80 per share. The quarter also saw a 10% increase in adjusted EBITDA to $253 million, marking a 48% margin. Despite a 10% decline in interest on funds held for clients, the strong balance sheet showed $521 million in cash and no debt. The company’s innovative products, GONE and Beti, continued to drive client satisfaction and retention, evidenced by a 16-point increase in the Net Promoter Score year-over-year.

Revenue Growth

Total revenue for Q1 2025 was $531 million, representing a 6% increase over the prior year period. Recurring and other revenue hit a milestone of $500 million, up 7% year-over-year.

Net Promoter Score Increase

Net Promoter Score increased by 16 points year-over-year, indicating improved customer satisfaction.

Product Innovation and Recognition

Paycom's products like GONE and Beti have been recognized for their automation capabilities, with GONE delivering up to 800% ROI and Fast Company naming Paycom one of the world's most innovative companies.

Strong Profitability

Adjusted EBITDA increased by 10% to $253 million, representing a 48% margin and a 180 basis point increase over the prior year.

Positive Outlook and Guidance Raise

Full-year revenue and adjusted EBITDA guidance ranges were raised, with expected total revenue growth of approximately 8% year-over-year at the midpoint.

Strong Balance Sheet

Paycom ended Q1 2025 with $521 million in cash and cash equivalents and no debt.

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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
Aug 05, 2025	2025 (Q2)	1.78 / -	1.62	―	―	―
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)	―
May 02, 2023	2023 (Q1)	2.36 / 2.46	1.9	29.47% (+0.56)	―

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

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PAYC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$228.67	$249.35	+9.04%
Feb 12, 2025	$206.68	$211.61	+2.39%
Oct 30, 2024	$171.67	$208.32	+21.35%
Jul 31, 2024	$165.84	$166.43	+0.36%

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.

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