Paycom Software (PAYC) Operating Expenses (2013 - 2026)
Paycom Software (PAYC) posted Operating Expenses of $362.7 million for Q2 2026, little changed on a QoQ basis from $361.7 million in Q1 2026, and down 2.32% year-over-year from $371.3 million in Q2 2025.
Analysis
Paycom Software (PAYC) Operating Expenses (2013 - 2026) Analysis & Trends
Paycom Software has reported Operating Expenses for 14 years, with the latest figure at $362.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 2.32% year-over-year to $362.7 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 5.9% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 18.86% from the prior year.
- Operating Expenses was $362.7 million for Q2 2026 at Paycom Software, roughly flat from $361.7 million in the prior quarter.
- The five-year high for Operating Expenses was $387.2 million in Q4 2025, with the low at $214.1 million in Q1 2024.
- Average Operating Expenses over 5 years is $316.5 million, with a median of $335.2 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slipped 26.48% in 2024, then soared 61.33% in 2025.
- Over 5 years, Operating Expenses stood at $264.7 million in 2022, then grew by 23.87% to $327.9 million in 2023, then gained by 5.33% to $345.4 million in 2024, then climbed by 12.1% to $387.2 million in 2025, then declined by 6.33% to $362.7 million in 2026.
- The last three Operating Expenses figures came in at $362.7 million (Q2 2026), $361.7 million (Q1 2026), and $387.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 4.34 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 1.00 Bn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 362.70 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 215.96 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | -227.34 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 182.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 27.45 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 27.53 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 362.70 Mn |
| Mar 31, 2026 | 361.70 Mn |
| Dec 31, 2025 | 387.20 Mn |
| Sep 30, 2025 | 380.70 Mn |
| Jun 30, 2025 | 371.30 Mn |
| Mar 31, 2025 | 345.40 Mn |
| Dec 31, 2024 | 345.40 Mn |
| Sep 30, 2024 | 347.10 Mn |
| Jun 30, 2024 | 342.40 Mn |
| Mar 31, 2024 | 214.10 Mn |
| Dec 31, 2023 | 327.92 Mn |
| Sep 30, 2023 | 309.40 Mn |
| Jun 30, 2023 | 313.87 Mn |
| Mar 31, 2023 | 291.21 Mn |
| Dec 31, 2022 | 264.74 Mn |
| Sep 30, 2022 | 259.90 Mn |
| Jun 30, 2022 | 244.61 Mn |
| Mar 31, 2022 | 227.25 Mn |
| Dec 31, 2021 | 216.36 Mn |
| Sep 30, 2021 | 212.89 Mn |