Business Description
Paylocity Holding Corporation is a US-based provider of cloud-based payroll and human capital management (HCM) software solutions. The company primarily serves small to mid-sized businesses across North America. Its platform offers integrated tools for managing payroll, human resources, time tracking, talent acquisition, and spend management.
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Financials
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Revenue (FY2026)
$1.77B
YoY growth
+11.0%
Operating margin
21.8%
Direction
Expanding
Gross margin
69.2%
Net margin
15.2%
Earnings Transcripts
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Steven R. Beauchamp — Executive Chairman and Director
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Linda M. Breard — Director
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Virginia G. Breen — Director
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Craig A. Conway — Director
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Robin L. Pederson — Director
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Andres D. Reiner — Director
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Kenneth B. Robinson — Director
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Steven I. Sarowitz — Director
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Ronald V. Waters III — Director
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Toby J. Williams — President, Chief Executive Officer and Director
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Ryan Glenn — Chief Financial Officer
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Joshua Scutt — Senior Vice President of Sales
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Melissa King — Senior Vice President of Product and Technology
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Andrew Cappotelli — Senior Vice President of Operations
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Nicholas Rost — Vice President, Chief Accounting Officer and Treasurer
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Share Repurchase Program
Total authorized
$2.0 billion (up to $500 million approved April/May 2024, increased by $500 million in July 2025 and by a further $1.0 billion in April 2026)
Remaining (no expiration date; may be modified, suspended or terminated at any time)
$1.30 billion ($1,302,250 thousand) as of June 30, 2026
Latest FY repurchased
$398.1 million in fiscal 2026 (2.8 million shares at an average cost of $144.67 per share)
Named Competitors
Automatic Data Processing, Inc.Dayforce, Inc.Paychex, Inc.Paycom Software, Inc.Ultimate Kronos Group
Customer Concentration
For each of the three years ended June 30, 2024, 2025 and 2026, no client accounted for more than 1% of our revenues (no individual client represents 10% or more of total revenues).
Recent SEC Filings
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