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

Paycom Software's (PAYC) quarterly Research & Development came in at $60.7 million in Q1 2026, down 2.57% year-on-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.

  • On a quarterly basis, Research & Development fell 2.57% year-over-year to $60.7 million in Q1 2026; TTM through Mar 2026 was $281.8 million, a 10.77% increase from a year earlier, with the FY2025 full-year figure at $283.4 million, up 16.82% from the prior year.
  • Research & Development retreated to $60.7 million in Q1 2026 per PAYC's latest filing, from $72.2 million in the prior quarter.
  • Across five years, Research & Development topped out at $74.8 million in Q2 2025 and bottomed 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.
  • Across the five-year window, Research & Development jumped 40.03% in 2023 and fell 2.57% in 2026, its largest moves.
  • Year by year, Research & Development 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.
  • Per Business Quant, the three latest PAYC Research & Development figures stand at $60.7 million (Q1 2026), $72.2 million (Q4 2025), and $74.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Paycom Software 6.47 Bn 6.31 Bn 484.60 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