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
DateValue
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%