Paycom Software (PAYC) Cost of Revenue (2013 - 2026)
Paycom Software (PAYC) posted Cost of Revenue of $118.8 million for Q2 2026, up 1.02% on a QoQ basis from $117.6 million in Q1 2026, and up 2.41% year-over-year from $116.0 million in Q2 2025.
Analysis
Paycom Software (PAYC) Cost of Revenue (2013 - 2026) Analysis & Trends
Paycom Software has reported Cost of Revenue for 14 years, with the latest figure at $118.8 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 2.41% year-over-year to $118.8 million in Q2 2026; TTM through Jun 2026 was $492.3 million, a 12.17% increase from a year earlier, with the FY2025 full-year figure at $482.8 million, up 11.14% from the prior year.
- Cost of Revenue was $118.8 million for Q2 2026 at Paycom Software, up from $117.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $130.2 million in Q4 2025, with the low at $75.0 million in Q1 2022.
- Average Cost of Revenue over 5 years is $106.5 million, with a median of $106.7 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 38.11% in 2023, then declined 3.98% in 2025.
- Over 5 years, Cost of Revenue stood at $92.8 million in 2022, then advanced by 14.73% to $106.4 million in 2023, then advanced by 1.01% to $107.5 million in 2024, then rose by 21.12% to $130.2 million in 2025, then declined by 8.76% to $118.8 million in 2026.
- The last three Cost of Revenue figures came in at $118.8 million (Q2 2026), $117.6 million (Q1 2026), and $130.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 2.96 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 417.30 Mn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 118.80 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 144.35 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 46.05 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 337.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 12.06 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 6.30 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.80 Mn |
| Mar 31, 2026 | 117.60 Mn |
| Dec 31, 2025 | 130.20 Mn |
| Sep 30, 2025 | 125.70 Mn |
| Jun 30, 2025 | 116.00 Mn |
| Mar 31, 2025 | 110.90 Mn |
| Dec 31, 2024 | 107.50 Mn |
| Sep 30, 2024 | 104.50 Mn |
| Jun 30, 2024 | 106.90 Mn |
| Mar 31, 2024 | 115.50 Mn |
| Dec 31, 2023 | 106.43 Mn |
| Sep 30, 2023 | 101.16 Mn |
| Jun 30, 2023 | 106.44 Mn |
| Mar 31, 2023 | 103.57 Mn |
| Dec 31, 2022 | 92.77 Mn |
| Sep 30, 2022 | 91.11 Mn |
| Jun 30, 2022 | 87.72 Mn |
| Mar 31, 2022 | 75.00 Mn |
| Dec 31, 2021 | 75.51 Mn |
| Sep 30, 2021 | 69.75 Mn |