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| Date | Value |
|---|---|
| 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 |