Paycom Software (PAYC) Gross Margin (2013 - 2026)
Paycom Software's (PAYC) quarterly Gross Margin came in at 84.74% in Q1 2026, up 68.0% year-on-year from 50.44% in Q1 2025, and up 44.54% quarter-over-quarter from 58.63% in Q4 2025.
Paycom Software (PAYC) Gross Margin (2013 - 2026) Analysis & Trends
Paycom Software's Gross Margin history runs 14 years deep, the most recent figure standing at 84.74% for Q1 2026.
- On a quarterly basis, Gross Margin rose 68.0% year-over-year to 84.74% in Q1 2026; TTM through Mar 2026 was 75.45%, a 1028.0% decrease from a year earlier, with the FY2025 full-year figure at 76.47%, down 933.0% from the prior year.
- Gross Margin rose to 84.74% in Q1 2026 per PAYC's latest filing, from 58.63% in the prior quarter.
- Across five years, Gross Margin topped out at 96.66% in Q4 2024 and bottomed at 39.47% in Q4 2022.
- The 5-year median for Gross Margin is 84.2% (2022), against an average of 79.69%.
- Across the five-year window, Gross Margin slumped 4421 bps in 2022 and jumped 3454 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 39.47% in 2022, then jumped by 88 bps to 74.0% in 2023, then soared by 31 bps to 96.66% in 2024, then sank by 39 bps to 58.63% in 2025, then jumped by 45 bps to 84.74% in 2026.
- Per Business Quant, the three latest PAYC Gross Margin figures stand at 84.74% (Q1 2026), 58.63% (Q4 2025), and 82.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Paycom Software | 6.47 Bn | 6.31 Bn | 484.60 Mn | 84.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.74% |
| Dec 31, 2025 | 58.63% |
| Sep 30, 2025 | 82.69% |
| Jun 30, 2025 | 76.01% |
| Mar 31, 2025 | 84.05% |
| Dec 31, 2024 | 96.66% |
| Sep 30, 2024 | 76.88% |
| Jun 30, 2024 | 84.57% |
| Mar 31, 2024 | 87.26% |
| Dec 31, 2023 | 74.00% |
| Sep 30, 2023 | 75.10% |
| Jun 30, 2023 | 86.38% |
| Mar 31, 2023 | 88.25% |
| Dec 31, 2022 | 39.47% |
| Sep 30, 2022 | 86.78% |
| Jun 30, 2022 | 84.20% |
| Mar 31, 2022 | 89.11% |
| Dec 31, 2021 | 83.68% |
| Sep 30, 2021 | 86.43% |
| Jun 30, 2021 | 88.12% |