Paycom Software (PAYC) Gross Margin (2013 - 2026)
Paycom Software (PAYC) recorded quarterly Gross Margin of 79.44% in Q1 2026, up 66.11% quarter-over-quarter from 47.82% in Q4 2025, and down 807.0% on a YoY basis from 11.24% in Q1 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 79.44% for Q1 2026.
- In Q1 2026, Gross Margin fell 807.0% year-over-year to 79.44%; the TTM figure through Mar 2026 stood at 72.21% (down 1282.0% YoY), while the FY2025 annual figure was 76.47%, down 933.0% from the prior year.
- Gross Margin was 79.44% for Q1 2026 at Paycom Software, up from 47.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 88.25% in Q1 2023 to a low of 47.82% in Q4 2025.
- Historically, Gross Margin has averaged 81.07% across 5 years, with a median of 84.33% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 1274 bps in 2024, then plunged 3892 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 87.17% in 2022, then decreased by 15 bps to 74.0% in 2023, then advanced by 17 bps to 86.74% in 2024, then tumbled by 45 bps to 47.82% in 2025, then surged by 66 bps to 79.44% in 2026.
- The last three Gross Margin figures came in at 79.44% (Q1 2026), 47.82% (Q4 2025), and 87.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Paycom Software | 6.61 Bn | 6.46 Bn | 454.30 Mn | 79.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.44% |
| Dec 31, 2025 | 47.82% |
| Sep 30, 2025 | 87.01% |
| Jun 30, 2025 | 76.01% |
| Mar 31, 2025 | 87.50% |
| Dec 31, 2024 | 86.74% |
| Sep 30, 2024 | 84.33% |
| Jun 30, 2024 | 80.82% |
| Mar 31, 2024 | 84.26% |
| Dec 31, 2023 | 74.00% |
| Sep 30, 2023 | 86.32% |
| Jun 30, 2023 | 83.19% |
| Mar 31, 2023 | 88.25% |
| Dec 31, 2022 | 87.17% |
| Sep 30, 2022 | 86.78% |
| Jun 30, 2022 | 72.32% |
| Mar 31, 2022 | 86.29% |
| Dec 31, 2021 | 83.68% |
| Sep 30, 2021 | 86.43% |
| Jun 30, 2021 | 84.96% |