The full income statement, balance sheet, and cash-flow statement for Paycom Software Inc. (PAYC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.05B+8.9% | 1.88B+11.2% | 1.69B+23.2% | 1.38B+30.3% | 1.06B+25.4% | |
| 1.71B+10.2% | 1.55B+9.3% | 1.42B+21.9% | 1.16B+30.1% | 894M+24.5% | ||
| Cost of revenue | 345M+3.2% | 335M+21.1% | 276M+29.9% | 213M+31.4% | 162M+31.0% | |
| Research & development | 283M+16.8% | 243M+21.9% | 199M+34.2% | 148M+25.2% | 118M+31.2% | |
| Selling, general & administrative | 1.14B+24.6% | 914M-5.4% | 966M+23.3% | 784M+22.5% | 640M+20.4% | |
| General & administrative | — | — | 288M+20.5% | 239M+14.0% | 210M+17.8% | |
| Selling & marketing | 483M+11.1% | 434M+4.0% | 418M+20.5% | 347M+25.6% | 276M+17.1% | |
| Amortization of intangibles | 8.80M+125.6% | 3.90M+0.0% | 3.90M-2.5% | 4.00M+60.0% | 2.50M+1150.0% | |
| Operating income | 567M-10.6% | 634M+40.5% | 451M+19.2% | 379M+49.3% | 254M+36.2% | |
| Interest expense | 3.40M+0.0% | 3.40M+78.9% | 1.90M-24.0% | 2.50M+78.6% | 1.40M+7268.4% | |
| Other non-operating income | 55.6M+207.2% | 18.1M-21.3% | 23.0M+71.6% | 13.4M+459.5% | 2.40M+1525.6% | |
| Pre-tax income | 619M-4.6% | 649M+37.4% | 472M+21.3% | 390M+52.2% | 256M+37.7% | |
| Income tax | 166M+12.9% | 147M+11.7% | 132M+21.6% | 108M+80.3% | 60.0M+41.2% | |
| 453M-9.7% | 502M+47.3% | 341M+21.1% | 281M+43.6% | 196M+36.6% | ||
| Net income to common | 453M-9.7% | 502M+47.3% | 341M+21.1% | 281M+43.6% | 196M+36.6% | |
| $8.08-9.4% | $8.92+51.7% | $5.88+21.5% | $4.84+43.6% | $3.37+37.0% | ||
| EPS (basic) | $8.13-9.0% | $8.93+51.1% | $5.91+21.6% | $4.86+43.4% | $3.39+36.1% | |
| Weighted-avg shares (basic) | 55.8M-0.8% | 56.2M-2.6% | 57.7M-0.4% | 57.9M+0.1% | 57.9M+0.5% | |
| Weighted-avg shares (diluted) | 56.1M-0.3% | 56.3M-2.9% | 58.0M-0.3% | 58.2M-0.0% | 58.2M-0.2% | |
| Dividends per share | $1.50+0.0% | $1.50+300.0% | $0.38 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.84B+35.6% | 4.30B+53.0% | 2.81B+1.8% | 2.76B+22.7% | 2.25B+20.8% | ||
| Cash & equivalents | 370M-8.0% | 402M+36.7% | 294M-26.6% | 401M+44.2% | 278M+83.2% | |
| Accounts receivable | 44.9M+14.5% | 39.2M+139.0% | 16.4M-28.2% | 22.8M+140.7% | 9.49M+3.9% | |
| Inventory | 1.70M+21.4% | 1.40M+0.0% | 1.40M-12.9% | 1.61M+42.1% | 1.13M-1.7% | |
| Prepaid expenses | 47.5M+7.0% | 44.4M+18.1% | 37.6M+10.4% | 34.1M+43.5% | 23.7M+32.9% | |
| 7.60B+29.7% | 5.86B+39.6% | 4.20B+7.6% | 3.90B+21.4% | 3.22B+23.3% | ||
| Property, plant & equipment | — | — | 498M+23.8% | 402M+15.3% | 349M+22.3% | |
| Operating lease right-of-use | 89.4M+10.9% | 80.6M+9.2% | 73.8M+85.5% | 39.8M+33.3% | 29.8M+12.7% | |
| Goodwill | 51.9M+0.0% | 51.9M+0.0% | 51.9M+0.0% | 51.9M+0.0% | 51.9M+0.0% | |
| Intangible assets | 37.4M-19.0% | 46.2M-7.8% | 50.1M-7.3% | 54.0M-6.9% | 58.0M+18090.6% | |
| Other non-current assets | 36.5M+16.2% | 31.4M+5.4% | 29.8M-51.9% | 62.0M+46.3% | 42.4M+22.8% | |
| 5.37B+37.4% | 3.91B+54.1% | 2.53B+6.6% | 2.38B+19.4% | 1.99B+15.9% | ||
| Accounts payable | 6.60M-72.4% | 23.9M+71.9% | 13.9M-13.4% | 16.1M+178.1% | 5.77M-15.0% | |
| Deferred revenue | 28.3M-5.7% | 30.0M+31.6% | 22.8M+15.0% | 19.8M+21.8% | 16.3M+20.0% | |
| Short-term & current debt | — | — | — | 0.00-100.0% | 1.77M+0.0% | |
| Current lease liability | 28.4M+39.2% | 20.4M+6.3% | 19.2M | — | — | |
| 5.87B+37.0% | 4.28B+48.0% | 2.89B+6.4% | 2.72B+17.2% | 2.32B+18.9% | ||
| Long-term debt | — | — | — | 29.0M+5.9% | 27.4M-6.0% | |
| Deferred revenue (non-current) | 122M+6.4% | 115M+6.4% | 108M+10.4% | 97.6M+14.6% | 85.1M+16.2% | |
| Non-current lease liability | 61.9M-1.7% | 63.0M+11.1% | 56.7M | — | — | |
| Operating lease liability (total) | 90.3M+8.3% | 83.4M+9.8% | 75.9M+85.2% | 41.0M+32.7% | 30.9M+10.8% | |
| Deferred tax liabilities | 304M+103.3% | 150M+4.1% | 144M+2.0% | 141M-3.1% | 146M+29.2% | |
| Other non-current liabilities | 10.6M-78.8% | 49.9M-3.5% | 51.7M-31.3% | 75.2M+3.1% | 73.0M+278.9% | |
| Total non-current liabilities | 499M+32.2% | 377M+4.8% | 360M+5.0% | 343M+3.6% | 331M+41.3% | |
| 1.73B+9.9% | 1.58B+20.9% | 1.30B+10.2% | 1.18B+32.3% | 894M+36.3% | ||
| Common stock | 600K+0.0% | 600K+0.0% | 600K-4.0% | 625K+0.3% | 623K+0.8% | |
| Additional paid-in capital | 878M+21.2% | 725M+0.1% | 724M+25.6% | 577M+23.8% | 466M+30.1% | |
| Retained earnings | 2.26B+19.5% | 1.89B+28.4% | 1.47B+22.8% | 1.20B+30.7% | 916M+27.2% | |
| Treasury stock | 1.40B+35.4% | 1.04B+16.3% | 891M+51.6% | 588M+20.5% | 488M+15.5% | |
| Accumulated other comprehensive income | 300K+150.0% | -600K+40.0% | -1.00M+73.0% | -3.70M | — | |
| Total equity incl. non-controlling | 1.73B+9.9% | 1.58B+20.9% | 1.30B+10.2% | 1.18B+32.3% | 894M+36.3% | |
| Total liabilities & equity | 7.60B+29.7% | 5.86B+39.6% | 4.20B+7.6% | 3.90B+21.4% | 3.22B+23.3% | |
| Common shares issued | 63.6M+1.0% | 63.0M+0.5% | 62.7M+0.3% | 62.5M+0.4% | 62.3M+0.7% | |
| Common shares outstanding | 54.8M-2.0% | 55.9M-1.1% | 56.5M-2.4% | 57.9M-0.2% | 58.0M+0.5% | |
| Shares outstanding (cover) | 54.3M-5.2% | 57.3M-0.5% | 57.6M-4.6% | 60.3M+0.2% | 60.2M+0.0% | |
| Treasury shares | 8.80M+23.9% | 7.10M+16.4% | 6.10M+31.2% | 4.65M+8.5% | 4.29M+4.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 679M+27.2% | 534M+10.1% | 485M+32.8% | 365M+14.3% | 319M+40.6% | ||
| Depreciation & amortization | 176M+20.8% | 146M+28.1% | 114M+22.9% | 92.7M+37.9% | 67.2M+25.9% | |
| Intangible amortization | 8.80M+125.6% | 3.90M+0.0% | 3.90M-2.5% | 4.00M+60.0% | 2.50M+1150.0% | |
| Share-based compensation | 119M+618.3% | -22.9M-117.6% | 130M+36.8% | 94.9M-2.7% | 97.5M+8.2% | |
| Deferred income taxes | 154M+2556.9% | 5.80M+3.6% | 5.60M+275.0% | -3.20M-109.7% | 32.9M+53.9% | |
| Change in receivables | 5.70M-75.0% | 22.8M+456.3% | -6.40M-147.8% | 13.4M+3622.2% | 360K+314.3% | |
| Change in inventory | 300K | 0.00+100.0% | -200K-200.0% | 200K+141.6% | -481K-1273.2% | |
| Change in payables | -16.2M-278.0% | 9.10M+275.0% | -5.20M-144.4% | 11.7M+1872.7% | -660K-143.2% | |
| -611M-2653.2% | -22.2M+88.7% | -197M-744.2% | -23.3M+91.0% | -258M-118.6% | ||
| Capital expenditure | 271M+40.4% | 193M+0.2% | 193M+45.1% | 133M+9.9% | 121M+28.3% | |
| Free cash flow | 408M+19.6% | 341M+16.6% | 292M+25.8% | 232M+17.0% | 199M+49.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | 836M+3257.0% | 24.9M-0.4% | 25.0M-90.7% | 269M-32.6% | 399M+19.9% | |
| Proceeds from sale of PP&E | 100K | — | 100K | — | — | |
| 1.02B-7.8% | 1.11B+503.6% | -275M-207.9% | 255M+53.6% | 166M+199.9% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 29.0M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00-100.0% | 29.0M-1.0% | 29.3M+1550.7% | 1.77M+0.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 326M+165.1% | 123M-57.2% | 287M+202.6% | 94.7M | 0.00-100.0% | |
| Dividends paid | 84.8M+0.0% | 84.8M+30.9% | 64.8M | 0.00 | 0.00 | |
| Interest paid | 2.10M+5.0% | 2.00M+100.0% | 1.00M+100.0% | 500K+24900.0% | 2.00K | |
| Income taxes paid | 78.1M-42.1% | 135M-2.9% | 139M+38.0% | 101M+204.2% | 33.1M+20.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 8.73B-23.8% | 11.5B-8.0% | 12.5B-33.2% | 18.6B-22.7% | 24.1B-7.8% | |
| P/E | 19.3×-15.6% | 22.8×-37.9% | 36.7×-50.7% | 74.5×-39.4% | 122.9×-32.5% | |
| P/S | 4.3×-30.0% | 6.1×-20.4% | 7.6×-47.1% | 14.4×-36.7% | 22.8×-26.5% | |
| P/B | 5.0×-30.6% | 7.3×-17.0% | 8.8×-49.4% | 17.3×-35.8% | 27.0×-32.3% | |
| P/FCF | 21.4×-36.3% | 33.6×-18.3% | 41.1×-55.7% | 93.0×-23.3% | 121.2×-38.2% | |
| Earnings yield | 5.2%+18.5% | 4.4%+60.9% | 2.7%+102.7% | 1.3%+65.1% | 0.81%+48.1% | |
| FCF yield | 4.7%+57.0% | 3.0%+22.4% | 2.4%+126.0% | 1.1%+30.4% | 0.82%+61.8% | |
| Dividend yield | 0.94%+28.6% | 0.73%+303.4% | 0.18% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
Source: PAYC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PAYC filings on SEC EDGAR → Not investment advice.
