Paycom Software (PAYC) Operating Margin (2013 - 2026)
Paycom Software (PAYC) recorded quarterly Operating Margin of 36.75% in Q1 2026, up 27.34% quarter-over-quarter from 28.86% in Q4 2025, and up 186.0% on a YoY basis from 12.85% in Q1 2025.
Paycom Software (PAYC) Operating Margin (2013 - 2026) Analysis & Trends
Paycom Software's Operating Margin history runs 14 years deep, the most recent figure standing at 36.75% for Q1 2026.
- In Q1 2026, Operating Margin rose 186.0% year-over-year to 36.75%; the TTM figure through Mar 2026 stood at 28.29% (up 41.0% YoY), while the FY2025 annual figure was 27.65%, down 604.0% from the prior year.
- Operating Margin was 36.75% for Q1 2026 at Paycom Software, up from 28.86% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 57.17% in Q1 2024 to a low of 21.74% in Q2 2024.
- Historically, Operating Margin has averaged 29.04% across 5 years, with a median of 24.55% in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 2165 bps in 2024, then tumbled 2228 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 28.56% in 2022, then retreated by 14 bps to 24.55% in 2023, then advanced by 22 bps to 30.07% in 2024, then retreated by 4 bps to 28.86% in 2025, then climbed by 27 bps to 36.75% in 2026.
- The last three Operating Margin figures came in at 36.75% (Q1 2026), 28.86% (Q4 2025), and 22.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.05% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 13.34% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Paycom Software | 6.61 Bn | 6.46 Bn | 454.30 Mn | 36.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.75% |
| Dec 31, 2025 | 28.86% |
| Sep 30, 2025 | 22.83% |
| Jun 30, 2025 | 23.22% |
| Mar 31, 2025 | 34.89% |
| Dec 31, 2024 | 30.07% |
| Sep 30, 2024 | 23.21% |
| Jun 30, 2024 | 21.74% |
| Mar 31, 2024 | 57.17% |
| Dec 31, 2023 | 24.55% |
| Sep 30, 2023 | 23.85% |
| Jun 30, 2023 | 21.75% |
| Mar 31, 2023 | 35.52% |
| Dec 31, 2022 | 28.56% |
| Sep 30, 2022 | 22.22% |
| Jun 30, 2022 | 22.82% |
| Mar 31, 2022 | 35.72% |
| Dec 31, 2021 | 24.08% |
| Sep 30, 2021 | 16.90% |
| Jun 30, 2021 | 19.45% |