← Paycom Software, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $329.1m | $433.0m | $566.3m | $737.7m | $841.4m | $1.1b | $1.4b | $1.7b | $1.9b | $2.1b | |
| Cost of Revenue | $54.1m | $72.0m | $90.8m | $109.7m | $123.5m | $161.9m | $212.7m | $276.3m | $334.6m | $345.4m | |
| Gross Profit (derived) | $275.1m | $361.0m | $475.6m | $627.9m | $717.9m | $893.6m | $1.2b | $1.4b | $1.5b | $1.7b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $58.0m | $78.6m | $173.7m | $226.2m | $186.1m | $253.6m | $378.7m | $451.3m | $634.3m | $567.2m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $1.6m | $900k | $200k | $200k | $200k | $2.5m | $4.0m | $3.9m | $3.9m | $8.8m | |
| Capitalized Computer Software, Amortization | $3.6m | $7.0m | $12.5m | $19.0m | $27.1m | $36.5m | $47.3m | $61.9m | $83.1m | $109.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $333k | $171k | $159k | $81k | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $57.2m | $76.6m | $174.7m | $226.1m | $185.9m | $256.0m | $389.6m | $472.4m | $649.0m | $619.4m | |
| Net Income (Loss) Attributable to Parent | $43.8m | $66.8m | $137.1m | $180.6m | $143.5m | $196.0m | $281.4m | $340.8m | $502.0m | $453.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $43.5m | $66.6m | $136.9m | $180.5m | $143.5m | $196.0m | $281.4m | $340.8m | $502.0m | $453.4m | |
| Earnings Per Share, Basic | $0.76 | $1.15 | $2.37 | $3.14 | $2.49 | $3.39 | $4.86 | $5.91 | $8.93 | $8.13 | |
| Earnings Per Share, Diluted | $0.74 | $1.13 | $2.34 | $3.09 | $2.46 | $3.37 | $4.84 | $5.88 | $8.92 | $8.08 | |
| Common Stock, Dividends, Per Share, Declared | $0.76 | $1.15 | $2.37 | $3.14 | $2.49 | $3.39 | $4.86 | $0.38 | $0.38 | $0.38 | |
| Weighted Average Number of Shares Outstanding, Basic | 57.6m | 57.8m | 57.7m | 57.6m | 57.6m | 57.9m | 57.9m | 57.7m | 56.2m | 55.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 59.0m | 58.8m | 58.6m | 58.4m | 58.3m | 58.2m | 58.2m | 58.0m | 56.3m | 56.1m | |
| Research and Development Expense | $21.0m | $30.4m | $46.2m | $73.1m | $90.2m | $118.4m | $148.3m | $199.0m | $242.6m | $283.4m | |
| General and Administrative Expense | $69.0m | $91.6m | $96.6m | $127.5m | $178.2m | $209.8m | $239.1m | $288.1m | — | — | |
| Selling, General and Administrative Expense | $217.1m | $282.4m | $301.9m | $401.7m | $531.8m | $640.1m | $783.8m | $966.1m | $914.3m | $1.1b | |
| Other Nonoperating Income (Expense) | $308k | ($1.1m) | $1.8m | $803k | ($168k) | $2.4m | $13.4m | $23.0m | $18.1m | $55.6m | |
| Cost, Depreciation and Amortization | — | — | $14.5m | $20.4m | $25.8m | $31.4m | $42.9m | $52.6m | $67.2m | $82.4m | |
| Costs and Expenses | $271.2m | $354.4m | $392.6m | $511.4m | $655.3m | $802.0m | $996.5m | $1.2b | $1.2b | $1.5b | |
| Current Income Tax Expense (Benefit) | $15.3m | $11.9m | $16.6m | $24.5m | $21.1m | $27.1m | $111.4m | $126.0m | $141.2m | $11.9m | |
| Interest Expense | $1.0m | $911k | $766k | $940k | $19k | — | $2.5m | $1.9m | $3.4m | $3.4m | |
| Labor and Related Expense | $8.8m | $15.8m | $22.0m | $30.4m | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | $11.9m | $12.3m | $18.1m | $21.7m | $25.2m | |
| Income Tax Expense (Benefit) | $13.4m | $9.8m | $37.6m | $45.5m | $42.5m | $60.0m | $108.2m | $131.6m | $147.0m | $166.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.