Paylocity Holding Corp(PCTY)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Paylocity Holding Corp (PCTY) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores PCTY at 66.8/100 on a 32-signal composite quality model, placing it at rank #402 of 2,960 stocks — the top 25% of the AI-ranked universe. PCTY scores in the top quartile across free cash flow (81.9). Shareholder dilution risk is elevated at 19.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Paylocity Holding Corp reports quarterly revenue of $444.7M, net income of $60.3M, an operating margin of 19.0%. Top institutional holders of PCTY by reported 13-F value include BlackRock, T. Rowe Price Investment Management, AQR CAPITAL MANAGEMENT, based on the most recent SEC filings. PCTY trades on the Nasdaq exchange and files with the SEC under CIK 1591698. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PCTY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Paylocity Holding Corp directly from SEC EDGAR.
AI Quality Score
66.8/100
AI Rank
#402
Revenue
$444.7M
Net Income
$60.3M
Free Cash Flow
$91.3M
Operating Margin
19.0%
PCTY key financials by period
Paylocity Holding Corp reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2026
10-K
$1.8B
$269.7M
21.8%
FY 2025
10-K
$1.6B
$227.1M
19.1%
FY 2024
10-K
$1.4B
$206.8M
18.5%
FY 2023
10-K
$1.2B
$140.8M
13.2%
FY 2022
10-K
$852.7M
$90.8M
9.9%
FY 2021
10-K
$635.6M
$70.8M
9.1%
Institutions holding PCTY
Institutional investors reporting a position in Paylocity Holding Corp on SEC Form 13F.
AI-extracted from the 10-K filed 2026-08-05 — FY2026 (fiscal year ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenue grew 11% to $1,771.3 million — down from 14% growth in fiscal 2025 — while operating income rose to $386.0 million, 22% of revenue.
Biggest Revenue Drivers
Recurring and other revenue$1,651.4M+12% YoY
Incremental revenues from new and existing clients due to strong sales team performance and annual revenue retention in excess of 92%
Interest income on funds held for clients$120.0M-3% YoY
Negative impact from lower interest rates mostly offset by higher average daily balances of client funds
Biggest Revenue Drivers
Total revenue: $1,771.3M+11% YoY
Recurring and other revenue$1,651.4M+12% YoY
Incremental revenues from new and existing clients due to strong sales team performance and annual revenue retention in excess of 92%
Within Recurring and other revenue
Recurring fees$1,587.5M
Payroll processing, tax filing, time and labor, and HCM software solutions billed per-employee-per-month
Implementation services and other$63.9M
Nonrefundable implementation fees deferred and amortized generally up to 24 months
Interest income on funds held for clients$120.0M-3% YoY
Negative impact from lower interest rates mostly offset by higher average daily balances of client funds
Largest Expense Items
Cost of revenues$545.8M+10% YoY
$26.0M more employee-related costs, $10.7M processing and delivery costs, $10.6M higher internal-use software amortization
$6.8M more stock-based compensation, largely from prior-year executive award forfeitures, and $6.5M additional employee-related costs
Research and development$221.4M+8% YoY
$16.3M additional employee-related costs for development personnel, net of capitalized internal-use software, offset by $5.2M lower stock-based compensation
Margins: Gross profit margin held at 69% for both fiscal 2025 and 2026, while operating expenses fell to 47% of revenue from 50%, lifting operating margin to 22% from 19%.
Watch Items from the Filing
Deferred contract cost amortization extended from seven to eight years effective June 30, 2026, expected to increase fiscal 2027 Adjusted EBITDA margins by approximately 120 to 140 basis points.
Revenue growth decelerated to 11% in fiscal 2026 from 14% in fiscal 2025; client count rose 7% to approximately 44,400.
Effective tax rate rose to 30.4% from 26.5%, driven by stock-based compensation shortfalls and state and local income taxes.
Interest income on funds held for clients fell to $120.0M, 7% of revenue; a 100-basis-point rate increase would cut available-for-sale securities' market value by $16.0M.
Repurchased 2.8 million shares for $398.1M in fiscal 2026; $1,302.3M remains authorized after $1.5B of board increases in July 2025 and April 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
