Paycom Software (PAYC) Gross Margin (2013 - 2026)
Paycom Software (PAYC) posted Gross Margin of 77.64% for Q2 2026, down 2.27% on a QoQ basis from 79.44% in Q1 2026, and up 162.0% year-over-year from 29.63% in Q2 2025.
Powered by 
Analysis
Paycom Software (PAYC) Gross Margin (2013 - 2026) Analysis & Trends
Paycom Software has reported Gross Margin for 14 years, with the latest figure at 77.64% in Q2 2026.
- On a quarterly basis, Gross Margin rose 162.0% year-over-year to 77.64% in Q2 2026; TTM through Jun 2026 was 77.0%, a 60.0% decrease from a year earlier, with the FY2025 full-year figure at 76.47%, down 46.0% from the prior year.
- Gross Margin was 77.64% for Q2 2026 at Paycom Software, down from 79.44% in the prior quarter.
- The five-year high for Gross Margin was 79.44% in Q1 2026, with the low at 72.32% in Q2 2022.
- Average Gross Margin over 5 years is 76.13%, with a median of 76.05% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 272 bps in 2024, then sank 236 bps in 2025.
- Over 5 years, Gross Margin stood at 74.97% in 2022, then climbed by 1 bps to 75.51% in 2023, then increased by 4 bps to 78.23% in 2024, then retreated by 3 bps to 76.08% in 2025, then gained by 2 bps to 77.64% in 2026.
- The last three Gross Margin figures came in at 77.64% (Q2 2026), 79.44% (Q1 2026), and 76.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 45.88% |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 74.01% |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 77.64% |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 67.54% |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 86.67% |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 27.79% |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 67.51% |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 79.90% |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.64% |
| Mar 31, 2026 | 79.44% |
| Dec 31, 2025 | 76.08% |
| Sep 30, 2025 | 74.52% |
| Jun 30, 2025 | 76.01% |
| Mar 31, 2025 | 79.10% |
| Dec 31, 2024 | 78.23% |
| Sep 30, 2024 | 76.88% |
| Jun 30, 2024 | 75.57% |
| Mar 31, 2024 | 76.90% |
| Dec 31, 2023 | 75.51% |
| Sep 30, 2023 | 75.10% |
| Jun 30, 2023 | 73.47% |
| Mar 31, 2023 | 77.07% |
| Dec 31, 2022 | 74.97% |
| Sep 30, 2022 | 72.73% |
| Jun 30, 2022 | 72.32% |
| Mar 31, 2022 | 78.79% |
| Dec 31, 2021 | 73.50% |
| Sep 30, 2021 | 72.78% |