Paycom Software (PAYC)
NYSE:PAYC
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.38Last Year’s EPS
2.06Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operational and financial performance in Q1 with double-digit automation and AI usage gains, margin expansion, and aggressive capital returns via a large buyback and dividend. Management reaffirmed full-year guidance, signaling conservatism for the remainder of the year despite the quarter beat. Key risks highlighted include increased leverage from buybacks funded in part by the credit facility, near-term sales-force ramp timing, and uncertainty on direct AI monetization and CapEx timing. Overall, the positives (revenue and recurring growth, strong margins, product momentum, and shareholder returns) outweigh the negatives, though investors should monitor leverage and execution on sales/bookings cadence for the rest of 2026.Company Guidance
Top-Line Growth
Total revenues of $572 million, up 8% year-over-year; recurring and other revenue of $544 million, up 9% year-over-year.
Strong Profitability and Margin Expansion
GAAP net income of $156 million ($3.04 per diluted share); non-GAAP net income of $161 million ($3.15 per diluted share); adjusted EBITDA of $275 million with margin expanding 50 basis points year-over-year to 48.2%.
Reaffirmed Full-Year Guidance
Reaffirmed 2026 revenue guidance of $2.175B–$2.195B (~6.5% year-over-year growth at midpoint); recurring revenue expected up 7%–8%; full-year adjusted EBITDA guidance $950M–$970M (44% margin at midpoint).
Aggressive Capital Return and Balance Sheet Actions
Repurchased ~8.4 million shares (~15% of shares outstanding as of end-2025) for $1.06 billion in Q1; board approved a new $2.0 billion buyback authorization; paid ~$18 million in cash dividends and declared next quarterly dividend of $0.375 per share.
Product and Automation Momentum
Continued rollout of automation and AI: IWant usage up ~33% since end of Q4; third-party recognition (G2 spring 2026 top rankings); Forrester found Beti reduced payroll processing labor by 90% and GONE delivered >800% ROI.
Client Funds and Liquidity Facilities
Average daily balance on funds held for clients was ~$3.1 billion, up 8% year-over-year; replaced prior revolver with a new 5-year $2.125 billion credit facility (currently $675 million drawn).
Operational Efficiencies and Service Recognition
Cited automation-driven operational efficiencies contributing to margin expansion without compromising sales, service, or product innovation; received employer and brand recognitions (2026 Platinum Employer; USA Today 5-star Most Trusted Brands).
PAYC Earnings History
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 |
|---|---|---|---|
May 06, 2026 | $126.36 | $138.43 | +9.55% |
Feb 11, 2026 | $118.39 | $119.43 | +0.88% |
Nov 05, 2025 | $182.79 | $163.19 | -10.72% |
Aug 06, 2025 | $221.78 | $231.84 | +4.53% |
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 Paycom Software (PAYC) report earnings?
Paycom Software (PAYC) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Paycom Software (PAYC) earnings time?
Paycom Software (PAYC) earnings time is at Aug 04, 2026, After Close (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 PAYC EPS forecast?
PAYC EPS forecast for the fiscal quarter 2026 (Q2) is 2.38.
