Paycom Software (PAYC) Cost of Revenue (2013 - 2026)

Paycom Software (PAYC) recorded quarterly Cost of Revenue of $117.6 million in Q1 2026, down 58.59% quarter-over-quarter from $284.0 million in Q4 2025, and up 77.38% on a YoY basis from $66.3 million in Q1 2025.

Paycom Software (PAYC) Cost of Revenue (2013 - 2026) Analysis & Trends

Paycom Software's Cost of Revenue history runs 14 years deep, the most recent figure standing at $117.6 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 77.38% year-over-year to $117.6 million; the TTM figure through Mar 2026 stood at $581.7 million (up 103.04% YoY), while the FY2025 annual figure was $482.8 million, up 80.55% from the prior year.
  • Cost of Revenue was $117.6 million for Q1 2026 at Paycom Software, down from $284.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $284.0 million in Q4 2025 to a low of $44.2 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $86.1 million across 5 years, with a median of $67.4 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue plunged 42.03% in 2024, then jumped 333.59% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $47.5 million in 2022, then soared by 137.72% to $113.0 million in 2023, then slumped by 42.03% to $65.5 million in 2024, then surged by 333.59% to $284.0 million in 2025, then plunged by 58.59% to $117.6 million in 2026.
  • The last three Cost of Revenue figures came in at $117.6 million (Q1 2026), $284.0 million (Q4 2025), and $64.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 55.33 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.33 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.62 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 3.77 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 211.49 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 940.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 3.07 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 715.00 Mn
10 Paycom Software 6.61 Bn 6.46 Bn 454.30 Mn 117.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 117.60 Mn
Mar 31, 2026 117.60 Mn
Dec 31, 2025 284.00 Mn
Dec 31, 2025 284.00 Mn
Sep 30, 2025 64.10 Mn
Sep 30, 2025 64.10 Mn
Jun 30, 2025 116.00 Mn
Jun 30, 2025 116.00 Mn
Mar 31, 2025 66.30 Mn
Mar 31, 2025 66.30 Mn
Dec 31, 2024 65.50 Mn
Dec 31, 2024 65.50 Mn
Sep 30, 2024 70.80 Mn
Sep 30, 2024 70.80 Mn
Jun 30, 2024 83.90 Mn
Jun 30, 2024 83.90 Mn
Mar 31, 2024 78.70 Mn
Mar 31, 2024 78.70 Mn
Dec 31, 2023 113.00 Mn
Dec 31, 2023 113.00 Mn