Paylocity Holding Corp income statement
In fiscal 2026, Paylocity Holding Corp reported revenue of $1.77bn, up 11.0% on the year before, operating income of $386m (a 21.8% margin) and net income of $270m, or $4.92 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 77 | 109 | 153 | 231 | 300 | 378 | 468 | 561 | 636 | 853 | 1,175 | 1,403 | 1,595 | 1,771 |
| Cost of revenue | 29 | 40 | 55 | 71 | 98 | 124 | 149 | 154 | 182 | 219 | 287 | 367 | 442 | 498 | 546 |
| Gross profit | 26 | 38 | 54 | 82 | 133 | 176 | 228 | 314 | 379 | 416 | 566 | 808 | 961 | 1,097 | 1,226 |
| Research and development | 2 | 7 | 10 | 20 | 27 | 29 | 38 | 50 | 63 | 77 | 103 | 164 | 178 | 206 | 221 |
| Selling and marketing | 13 | 19 | 28 | 43 | 62 | 78 | 95 | 113 | 145 | 162 | 214 | 297 | 335 | 374 | 394 |
| General and administrative | 9 | 12 | 22 | 33 | 48 | 62 | 79 | 95 | 105 | 120 | 164 | 192 | 187 | 213 | 224 |
| Operating income | 3 | 0 | −7 | −14 | −4 | 7 | 16 | 56 | 66 | 58 | 85 | 155 | 260 | 304 | 386 |
| Income before tax | 1 | 0 | −7 | −14 | −4 | 7 | 17 | 58 | 67 | 57 | 84 | 159 | 277 | 309 | 387 |
| Income tax | 1 | −1 | 0 | 0 | 0 | 1 | −22 | 4 | 3 | −14 | −7 | 18 | 70 | 82 | 118 |
| Net income | 2 | 1 | −7 | −14 | −4 | 7 | 39 | 54 | 64 | 71 | 91 | 141 | 207 | 227 | 270 |
| Diluted EPS | $0.02 | −$0.07 | −$0.26 | −$0.28 | −$0.08 | $0.12 | $0.70 | $0.97 | $1.15 | $1.26 | $1.61 | $2.49 | $3.63 | $4.02 | $4.92 |
| Diluted shares (average) | 44m | 32m | 37m | 50m | 51m | 54m | 55m | 55m | 56m | 56m | 56m | 57m | 57m | 57m | 55m |
| EBITDA | 7 | 6 | −1 | −5 | 10 | 28 | 46 | 91 | 104 | 101 | 135 | 216 | 337 | 404 | 498 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 363 | 377 | 455 | 401 | 408 | 416 | 502 | 445 |
| Cost of revenue | 115 | 125 | 130 | 129 | 128 | 134 | 139 | 144 |
| Gross profit | 248 | 252 | 325 | 272 | 280 | 282 | 363 | 300 |
| Research and development | 47 | 56 | 51 | 51 | 56 | 58 | 53 | 56 |
| Selling and marketing | 88 | 93 | 92 | 101 | 96 | 98 | 96 | 104 |
| General and administrative | 48 | 57 | 54 | 54 | 54 | 56 | 58 | 57 |
| Operating income | 64 | 47 | 127 | 66 | 74 | 70 | 157 | 84 |
| Income before tax | 69 | 47 | 127 | 67 | 75 | 70 | 157 | 85 |
| Income tax | 19 | 9 | 35 | 18 | 27 | 20 | 46 | 25 |
| Net income | 50 | 37 | 91 | 49 | 48 | 50 | 111 | 60 |
| Diluted EPS | $0.88 | $0.66 | $1.61 | $0.87 | $0.86 | $0.92 | $2.05 | $1.11 |
| EBITDA | 86 | 52 | 132 | 93 | 102 | 75 | 162 | 114 |
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