Paycom Software (PAYC) Research & Development (2013 - 2026)
Paycom Software (PAYC) posted Research & Development of $51.9 million for Q2 2026, down 14.5% on a QoQ basis from $60.7 million in Q1 2026, and down 30.61% year-over-year from $74.8 million in Q2 2025.
Analysis
Paycom Software (PAYC) Research & Development (2013 - 2026) Analysis & Trends
Paycom Software has reported Research & Development for 14 years, with the latest figure at $51.9 million in Q2 2026.
- On a quarterly basis, Research & Development fell 30.61% year-over-year to $51.9 million in Q2 2026; TTM through Jun 2026 was $258.9 million, a 2.96% decrease from a year earlier, with the FY2025 full-year figure at $283.4 million, up 16.82% from the prior year.
- Research & Development was $51.9 million for Q2 2026 at Paycom Software, down from $60.7 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.
- Average Research & Development over 5 years is $54.8 million, with a median of $53.6 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Research & Development soared 40.03% in 2023, then sank 30.61% in 2026.
- Over 5 years, Research & Development stood at $39.5 million in 2022, then surged by 40.03% to $55.3 million in 2023, then rose by 20.51% to $66.7 million in 2024, then grew by 8.25% to $72.2 million in 2025, then fell by 28.12% to $51.9 million in 2026.
- The last three Research & Development figures came in at $51.9 million (Q2 2026), $60.7 million (Q1 2026), and $72.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 265.90 Mn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | - |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 51.90 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 103.70 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | -63.45 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | - |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 9.10 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 9.26 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic 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 |