Paylocity Holding Corp earnings

Paylocity closed fiscal 2026 with fourth-quarter total revenue of $444.7 million, up 11.0% from the prior-year quarter, and full-year total revenue of $1.771 billion, also up 11.0%. Subscriptions to the cloud platform supply the bulk of that revenue, billed largely on a per-employee-per-month basis.

Paylocity reported fiscal 2026 third-quarter total revenue of $502.3 million, up 10.5% from the prior-year quarter, with recurring and other revenue growth of 11.6%. Gross profit rose 11.9% to $363.2 million, and gross margin improved to 72.3% from 71.4%.

Paylocity posted total revenue of $416.1 million for the fiscal 2026 second quarter, up 10.4% from the prior-year quarter. Recurring and other revenue, the subscription core of the model, reached $387.0 million, a gain of 11.3%.

Paylocity opened fiscal 2026 with total revenue of $408.2 million in the first quarter, up 12.5% from $363.0 million a year earlier. Gross profit rose 12.8% to $279.8 million, and operating income climbed 15.7% to $74.2 million.

Paylocity closed fiscal 2025 with fourth-quarter total revenue of $400.74 million, up 12.2% from $357.29 million in the prior-year quarter. For the full fiscal year, total revenue reached $1,595.2 million, up 13.7% from $1,402.5 million.

Paylocity posted $454.5 million of total revenue in its fiscal third quarter, up 13.3% from $401.3 million a year earlier. Recurring and other revenue, the subscription-driven core that accounted for 93% of the total, grew 15%.

Paylocity closed the fiscal 2025 second quarter with total revenue of $377.0 million, up 15.5% from the prior-year quarter. Recurring and other revenue rose 17% to $347.7 million on strong selling season performance, product differentiation and a stable macroeconomic backdrop.

Paylocity started fiscal 2025 with total revenue of $363.0 million, up 14% from the prior-year quarter. Gross profit was $248.0 million, up 14.7%. Operating income reached $64.1 million, up 55.7%. Net income was $49.6 million, up 43.6%. Diluted EPS came in at $0.88, up $0.27.

Paylocity closed fiscal 2024 with fourth quarter total revenue of $357.3 million, up 15.8% from the prior-year quarter. Gross profit reached $240.4 million, up 13.5%. Gross margin slipped to 67.3%, down 1.4 percentage points.

Paylocity's fiscal third quarter delivered double-digit growth and much stronger profitability. Total revenue for the quarter ended March 31, 2024 was $401.3 million, up 18.1% from the prior-year quarter. Gross profit rose 16.9% to $285.3 million. Operating income climbed 32.2% to $106.3 million.

Paylocity posted total revenue of $326.4 million for the second quarter of fiscal 2024, up 19.5% from the prior-year quarter. Revenue for the first six months was $643.9 million, up 22.4%. Gross profit was $219.0 million, up 19.7%, and gross margin held at 67.1%, flat against the prior-year quarter.

Paylocity reported fiscal 2024 first quarter results for the period ended September 30, 2023. Total revenue was $317.6 million, up 25.4% from the prior-year quarter. The MD&A attributes the increase to strong sales performance and higher interest income on funds held for clients.

Paylocity closed fiscal 2023 with a strong fourth quarter. Total revenue for the quarter ended June 30, 2023 reached $308.5 million, up 34.7% from the prior-year quarter. Gross margin climbed to 68.6% from 66.2%. Operating income rose to $49.4 million, up 162.1%, and operating margin expanded to 16.0% from 8.2%.

Paylocity reported fiscal 2023 third-quarter total revenue of $339.9 million, up 38.2% from the prior-year quarter. Gross profit was $244.1 million, up 43.2%. Operating income reached $80.4 million, up 69.7%, and net income was $57.6 million, up 65.3%. Diluted earnings per share were $1.02, up 64.5%.

Paylocity reported total revenue of $273.0 million for its fiscal 2023 second quarter ended December 31, 2022, up 39% from the prior-year quarter. Gross profit rose 46.1% to $182.9 million, and gross margin expanded to 67.0%, up 3.1 percentage points.

Paylocity started fiscal 2023 with strong top-line growth. Total revenue was $253.3 million for the first quarter ended September 30, 2022, up 39% from the prior-year quarter. Recurring and other revenue was $245.4 million, an increase of 36% from the prior-year quarter, and it accounted for 97% of total revenue.

Paylocity ended fiscal 2022 with a fourth quarter that showed broad growth across revenue and profit lines. Total revenue was $228.95 million, up 36.7% from the prior-year quarter. For the full fiscal year, total revenue was $852.65 million, up 34.1% from fiscal 2021.

Paylocity closed the third quarter of fiscal 2022 with revenue of $245.97 million, up 32.2% from $186.05 million in the prior-year quarter. That was the third consecutive quarter of growth above 30%, and management credited strong sales execution in its target market along with improved macroeconomic conditions.

Paylocity posted total revenue of $196.0 million for its second quarter of fiscal 2022, up 34.0% from the prior-year quarter. The press release notes this was the second consecutive quarter of 34% revenue growth. For the six months ended December 31, 2021, total revenue reached $377.7 million, up 33.9% year over year.

Paylocity opened fiscal 2022 with total revenue of $181.7 million for the quarter ended September 30, 2021, up 33.8% from the prior-year quarter. Management credited sales execution and improved macroeconomic conditions for the gain, with new and existing clients both contributing.

Paylocity closed fiscal 2021 with a strong fourth quarter. Total revenue for the quarter ended June 30, 2021 was $167.45 million, up 28.2% from the prior-year quarter. That lifted full fiscal 2021 revenue to $635.63 million, up 13.2% year over year.

Paylocity's fiscal 2021 third quarter, ended March 31, 2021, showed steady top-line growth but weaker profitability. Total revenue was $186.1 million, up 8.4% from the prior-year quarter. Recurring and other revenue represented 99% of total revenue and grew 11%.

Paylocity reported total revenue of $146.3 million for its fiscal 2021 second quarter, up 11% from the prior-year quarter. Recurring and other revenue accounted for nearly all of total revenue, and management said the fall selling season carried into a strong January.

Paylocity's first quarter of fiscal 2021 delivered solid recurring revenue growth and a thinner bottom line. Total revenue was $135.79 million for the quarter ended September 30, 2020, up 7.2% from $126.72 million in the prior-year quarter.