Paycom Software (PAYC) Research & Development (2013 - 2026)

Paycom Software (PAYC) recorded quarterly Research & Development of $60.7 million in Q1 2026, down 15.93% quarter-over-quarter from $72.2 million in Q4 2025, and down 2.57% on a YoY basis from $62.3 million in Q1 2025.

Paycom Software (PAYC) Research & Development (2013 - 2026) Analysis & Trends

Paycom Software's Research & Development history runs 14 years deep, the most recent figure standing at $60.7 million for Q1 2026.

  • In Q1 2026, Research & Development fell 2.57% year-over-year to $60.7 million; the TTM figure through Mar 2026 stood at $281.8 million (up 10.77% YoY), while the FY2025 annual figure was $283.4 million, up 16.82% from the prior year.
  • Research & Development was $60.7 million for Q1 2026 at Paycom Software, down from $72.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $74.8 million in Q2 2025 to a low of $31.6 million in Q1 2022.
  • Historically, Research & Development has averaged $54.9 million across 5 years, with a median of $55.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Research & Development surged 40.03% in 2023, then dropped 2.57% in 2026.
  • A 5-year view of Research & Development shows it stood at $39.5 million in 2022, then jumped by 40.03% to $55.3 million in 2023, then increased by 20.51% to $66.7 million in 2024, then climbed by 8.25% to $72.2 million in 2025, then declined by 15.93% to $60.7 million in 2026.
  • The last three Research & Development figures came in at $60.7 million (Q1 2026), $72.2 million (Q4 2025), and $74.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Paycom Software 6.61 Bn 6.46 Bn 454.30 Mn 60.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 60.70 Mn
Dec 31, 2025 72.20 Mn
Sep 30, 2025 74.10 Mn
Jun 30, 2025 74.80 Mn
Mar 31, 2025 62.30 Mn
Dec 31, 2024 66.70 Mn
Sep 30, 2024 63.00 Mn
Jun 30, 2024 62.40 Mn
Mar 31, 2024 50.50 Mn
Dec 31, 2023 55.35 Mn
Sep 30, 2023 51.86 Mn
Jun 30, 2023 49.12 Mn
Mar 31, 2023 42.67 Mn
Dec 31, 2022 39.53 Mn
Sep 30, 2022 40.37 Mn
Jun 30, 2022 36.80 Mn
Mar 31, 2022 31.61 Mn
Dec 31, 2021 34.41 Mn
Sep 30, 2021 31.08 Mn
Jun 30, 2021 28.22 Mn