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| Date | Value |
|---|---|
| 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 |