Paycom Software PAYC
NYSE PAYC
$231.78 -8.67 (-3.61%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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