Paycom Software (PAYC) Research & Development (2013 - 2026)
Paycom Software (PAYC) posted quarterly Research & Development of $60.7 million for Q1 2026, down 2.57% year-over-year from $62.3 million in Q1 2025, and down 15.93% quarter-over-quarter from $72.2 million in Q4 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 for Q1 2026 stood at $60.7 million, down from $72.2 million in the prior quarter.
- The five-year high for Research & Development was $74.8 million in Q2 2025, with the low at $31.6 million in Q1 2022.
- The 5-year median for Research & Development is $55.3 million (2023), against an average of $54.9 million.
- The sharpest annual moves came in 2023 and 2026: Research & Development jumped 40.03% in 2023, then slipped 2.57% in 2026.
- Paycom Software's Research & Development stood at $39.5 million in 2022, then soared by 40.03% to $55.3 million in 2023, then grew by 20.51% to $66.7 million in 2024, then advanced by 8.25% to $72.2 million in 2025, then dropped by 15.93% to $60.7 million in 2026.
- Business Quant data shows PAYC's Research & Development at $60.7 million in Q1 2026, $72.2 million in Q4 2025, and $74.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Paycom Software | 9.67 Bn | 9.47 Bn | 412.40 Mn | 51.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.90 Mn |
| 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 |