The earnings call highlighted strong revenue growth, successful product expansion, and increased client and sales force growth, with recognition for their workplace environment. However, concerns over interest rate impacts and increased sales and marketing expenses were noted. The broker channel dependency was also highlighted as a potential risk.

Company Guidance

During the fourth quarter of fiscal year 2025, Paylocity delivered strong financial results, with recurring revenue growing 14% and total revenue increasing by 12%, reaching $1.6 billion for the year. The average revenue per client rose by approximately 8% to over $35,300. The company achieved a revenue retention rate of over 92% and expanded its client base by 7% to 41,650. Adjusted EBITDA for the quarter stood at $130.7 million, marking a 32.6% margin, while the fiscal year adjusted EBITDA was $583 million, reflecting a 36.5% margin. The company continues to invest heavily in research and development, with total R&D investments accounting for 14.3% of revenue. Free cash flow margin improved to 21.5%, and Paylocity repurchased approximately 800,000 shares for $150 million during the year. Heading into fiscal 2026, Paylocity forecasts recurring revenue growth between 9% and 12%, with total revenue projected to grow by 8%.

Recurring and Total Revenue Growth

Paylocity achieved recurring revenue growth of 14% and total revenue growth of 12% in Q4. For fiscal year '25, recurring revenue grew 15% and total revenue grew 14%, ending the year with $1.6 billion in revenue.

Product Expansion and Launch

Paylocity launched 'Paylocity for Finance,' integrating HR and finance functions into a single platform. This includes features like headcount planning, expense management, and AP automation.

Sales and Client Growth

Sales force expanded by 8% to 952 reps, with benefit brokers contributing more than 25% of new business. The client base grew by 7% to 41,650, and average revenue per client increased by 8% from fiscal '24.

Financial Performance and Free Cash Flow

Adjusted EBITDA for fiscal '25 was $583 million, a 15% increase, with a free cash flow margin of 21.5%, representing a 12% dollar increase from fiscal '24.

Recognition and Awards

Paylocity received a TrustRadius top-rated award in HR management software for the third consecutive year and was named by Newsweek as one of America's Greatest Workplaces for Gen Z.

Paylocity (PCTY) 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

Daily Earnings Calendar >

PCTY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2026 (Q1)	1.57 / -	1.66	―	―	―
Aug 05, 2025	2025 (Q4)	1.40 / 1.56	1.48	5.41% (+0.08)
May 01, 2025	2025 (Q3)	2.12 / 2.43	2.21	9.95% (+0.22)
Feb 06, 2025	2025 (Q2)	1.42 / 1.52	1.49	2.01% (+0.03)
Oct 30, 2024	2025 (Q1)	1.49 / 1.66	1.4	18.57% (+0.26)
Aug 01, 2024	2024 (Q4)	1.29 / 1.48	1.32	12.12% (+0.16)
May 02, 2024	2024 (Q3)	1.99 / 2.21	1.74	27.01% (+0.47)
Feb 08, 2024	2024 (Q2)	1.27 / 1.49	1.12	33.04% (+0.37)
Nov 02, 2023	2024 (Q1)	1.13 / 1.40	0.98	42.86% (+0.42)
Aug 03, 2023	2023 (Q4)	1.15 / 1.32	0.8	65.00% (+0.52)

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

PCTY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$181.71	$186.82	+2.81%
May 01, 2025	$194.16	$187.33	-3.52%
Feb 06, 2025	$212.01	$205.84	-2.91%
Oct 30, 2024	$178.16	$184.57	+3.60%

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.

FAQ

When does Paylocity (PCTY) report earnings?

Paylocity (PCTY) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is Paylocity (PCTY) earnings time?

Paylocity (PCTY) earnings time is at Oct 30, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PCTY EPS forecast?

PCTY EPS forecast for the fiscal quarter 2026 (Q1) is 1.57.

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