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Paylocity (PCTY)
NASDAQ:PCTY
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
1.39Last Year’s EPS
1.48Same Quarter Last Year
Strong Buy
Based on 17 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 3.54%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlights strong financial performance, increased profitability, and successful product integration and innovation. However, there are concerns about macroeconomic uncertainty affecting client decision-making and potential future sales. Overall, the positives significantly outweigh the concerns.Company Guidance
During Paylocity's third-quarter fiscal 2025 earnings call, management provided guidance indicating strong financial performance. The company reported recurring and other revenue growth of 15% year-over-year, totaling $421.1 million, which exceeded the high end of their guidance by $6.1 million. Total revenue increased by 13% over the same period last year. The company's adjusted EBITDA for the quarter was $197.1 million, representing 43.4% of the revenue, and significantly exceeded the guidance. Paylocity raised its full-year fiscal 2025 guidance, with recurring and other revenue expected to be in the range of $1.460 billion to $1.465 billion, reflecting approximately 14% growth over the previous fiscal year. Total revenue is anticipated to be between $1.580 billion and $1.585 billion, an increase of approximately 13%. Additionally, the company highlighted strong sales execution and channel performance, particularly from broker referrals, which accounted for more than 25% of new business during the quarter.Strong Revenue Growth
Recurring and other revenue grew 15% year-over-year to $421.1 million, exceeding the high end of guidance by $6.1 million. Total revenue increased by 13% compared to Q3 of the previous fiscal year.
Increased Profitability and Guidance
Adjusted EBITDA for the third quarter was $197.1 million, or 43.4% of revenue, significantly exceeding guidance. The fiscal year 2025 revenue guidance was increased by $19.5 million at the midpoint.
Product and Innovation Recognition
Paylocity was named to TrustRadius' list of best loved software for 2025 and an overall leader in 10 HCM product categories in G2's Spring 2025 Grid Reports. Airbase by Paylocity was named a Visionary in the 2025 Gartner Magic Quadrant for Accounts Payable Applications.
Sales and Operational Execution
Solid sales and operational execution during the busiest time of the year helped drive strong recurring revenue growth and increased revenue and profitability guidance for fiscal 2025.
Strong Channel Performance
Channel referrals, primarily from benefit brokers and financial advisers, represented more than 25% of new business for the third quarter.
Integration of Airbase
The Airbase team is now fully integrated within Paylocity, with progress made towards integrating platforms from both a product and go-to-market perspective.
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PCTY 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
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PCTY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
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% |
Aug 01, 2024 | $148.23 | $158.09 | +6.65% |
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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FAQ
When does Paylocity (PCTY) report earnings?
Paylocity (PCTY) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Paylocity (PCTY) earnings time?
Paylocity (PCTY) earnings time is at Jul 31, 2025, TBA Not 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 2025 (Q4) is 1.39.
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