NYSE$PAYC

Paycom Software Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Paycom reported Q3 2025 total revenues of $493M with net income of $111M and diluted EPS of $1.96.

Total revenues grew to $493.3 million with net income of $110.7 million. Diluted EPS was $1.96 as recurring and other revenue growth and interest on funds held for clients supported results.

  • Q3 revenue $493.3M (+9% YoY).
  • Net income $110.7M.
  • Diluted EPS $1.96.
  • Full-service HR and payroll platform adoption cited.

Headline financials

Total Revenue

$493M

Previous: $452M+9.2%
EPS (adj)

$1.96

Previous: $1.31+49.6%
Adjusted EBITDA

$194M

Previous: $171M+13.4%
Adjusted EBITDA Margin

39.4%

Previous: 37.9%+4.0%
Gross Margin

82.7%

Previous: 80.5%+2.7%
Net Income Margin

22.4%

Previous: 16.2%+38.3%
S&M as % of Revenue

25.5%

Previous: 23.1%+10.4%
R&D as % of Revenue

15.0%

Previous: 14.0%+7.1%
Admin Expenses as % of Revenue

59.9%

Previous: 57.2%+4.7%
Total R&D Costs as % of Revenue

23.8%

Previous: 21.3%+11.7%
Capital Expenditures

-$197M

Previous: -$142M-39.5%
Net Income

$111M

Previous: $73.3M+51.1%
Operating Income

$113M

Previous: $105M+7.4%
Gross Profit

$408M

Previous: $364M+12.2%

Revenue & EPS history

Paycom · Revenue · Quarterly

$493M

Q3 2025+9.2%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Paycom · $399M total across 1 segment · Q3 2023

  • Recurring and other
    $399M+21.5%

Forward guidance

The filing discusses Paycom Software's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Paycom Software cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.4%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.9%

Avg return

30 days after

60%

32 / 53 earnings

Positive

+22.1%

Q2 2018

Best reaction

-37.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.0%+7.6%+8.9%
Q4 2025+1.8%+3.0%+5.9%
Q3 2025-10.9%-7.3%-9.8%
Q1 2025+9.1%+13.8%+16.2%
Q4 2024+2.4%+3.1%+0.5%
Q3 2024+1.2%+10.6%+11.0%
Q2 2024+1.2%-4.5%-1.6%
Q1 2024-11.3%-7.2%-22.7%
Q4 2023-1.0%-3.0%-8.3%
Q3 2023-37.2%-33.8%-24.3%
Q2 2023-18.7%-21.2%-20.0%
Q1 2023-1.3%-8.4%-5.5%
Q4 2022-2.6%-3.8%-13.3%
Q3 2022-8.5%-11.5%+0.1%
Q2 2022+6.1%+11.4%+4.4%
Q1 2022+12.1%+0.9%+3.5%
Q4 2021+11.1%+6.4%-5.8%
Q3 2021-6.3%-7.7%-19.7%
Q2 2021+10.7%+16.6%+25.2%
Q1 2021-10.0%-13.5%-15.7%
Q4 2020-5.9%-4.6%-11.3%
Q3 2020+1.1%+9.7%+18.4%
Q2 2020+4.8%+3.0%-1.4%
Q1 2020+19.4%+6.9%+27.0%
Q4 2019-13.9%-11.8%-20.7%
Q3 2019+1.9%+2.5%+33.8%
Q2 2019+4.9%+3.0%+10.7%
Q1 2019+1.7%+4.5%+5.6%
Q4 2018+8.5%+12.8%+13.0%
Q3 2018+1.1%+1.0%+6.1%
Q2 2018+22.1%+28.8%+48.2%
Q1 2018-8.6%-6.1%-7.7%
Q4 2017+0.5%-0.9%+30.1%
Q3 2017-3.5%+0.2%+2.3%
Q2 2017-2.8%-0.9%+6.4%
Q1 2017+4.2%+6.5%+10.5%
Q4 2016+13.0%+14.2%+23.7%
Q3 2016-15.5%-16.9%-17.6%
Q2 2016+6.6%+7.7%+7.4%
Q1 2016+2.8%
Q4 2015-2.7%
Q3 2015+17.3%
Q2 2015+20.4%
Q1 2015+12.8%
Q4 2012-3.2%
Q4 2014+5.7%
Q3 2013+2.2%
Q3 2014+19.6%
Q2 2013+0.7%
Q2 2014+9.0%
Q1 2013-3.2%
Q4 2013-3.2%
Q1 2014-1.8%
Q3 2012

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