Paycom Software (PAYC) Research & Development (2013 - 2026)
Paycom Software (PAYC) posted Research & Development of $51.9 million for Q2 2026, down 30.6% from $74.8 million a year earlier and down 14.5% from the prior quarter.
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Analysis
Paycom Software (PAYC) Research & Development (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Paycom Software was $258.9 million, down 3.0% year-over-year; for FY2025, it was $283.4 million, up 16.8% from FY2024.
- Annual Research & Development has increased for 13 consecutive years, with a five-year compound annual growth rate of 25.7% (FY2020 to FY2025).
- In prior years, Paycom Software's Research & Development was $242.6 million in FY2024 (+21.9%), $199 million in FY2023 (+34.2%), $148.3 million in FY2022 (+25.2%) and $118.43 million in FY2021 (+31.2%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q1 2024.
- On a year-over-year basis, Research & Development increased in six of the last eight quarters, with growth averaging 9.7%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 42.7%; the weakest was Q2 2026, with a decline of 30.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $60.7 million (Q1 2026), $72.2 million (Q4 2025) and $74.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 468.00 Bn | 436.95 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 393.29 Bn | 265.42 Bn | - | 2.40 Bn |
| 3 | Sap Se | 265.00 Bn | 192.78 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 196.18 Bn | 152.05 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 153.22 Bn | 131.68 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 117.40 Bn | 99.52 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 92.75 Bn | 72.10 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 72.06 Bn | 71.16 Bn | - | - |
| 9 | Strategy | 50.81 Bn | 43.80 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Paycom Software | 11.99 Bn | 10.89 Bn | 442.10 Mn | 51.90 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 |
API Access
Paycom Software Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PAYC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PAYC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PAYC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();