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
DateValue
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%