Paycom Software (PAYC) Tax Rate (2013 - 2026)
Paycom Software's (PAYC) quarterly Tax Rate came in at 27.64% in Q1 2026, up 89.0% year-on-year from 14.62% in Q1 2025, and up 140.41% quarter-over-quarter from 68.38% in Q4 2025.
Paycom Software (PAYC) Tax Rate (2013 - 2026) Analysis & Trends
Paycom Software's Tax Rate history runs 14 years deep, the most recent figure standing at 27.64% for Q1 2026.
- On a quarterly basis, Tax Rate rose 89.0% year-over-year to 27.64% in Q1 2026; TTM through Mar 2026 was 3.18%, a 2504.0% decrease from a year earlier, with the FY2025 full-year figure at 1.92%, down 2073.0% from the prior year.
- Tax Rate rose to 27.64% in Q1 2026 per PAYC's latest filing, from 68.38% in the prior quarter.
- Across five years, Tax Rate topped out at 32.32% in Q3 2024 and bottomed at 68.38% in Q4 2025.
- The 5-year median for Tax Rate is 27.55% (2025), against an average of 15.83%.
- Across the five-year window, Tax Rate plunged 9604 bps in 2023 and soared 9119 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 29.86% in 2022, then plunged by 322 bps to 66.17% in 2023, then soared by 138 bps to 25.02% in 2024, then tumbled by 373 bps to 68.38% in 2025, then surged by 140 bps to 27.64% in 2026.
- Per Business Quant, the three latest PAYC Tax Rate figures stand at 27.64% (Q1 2026), 68.38% (Q4 2025), and 27.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Paycom Software | 6.47 Bn | 6.31 Bn | 484.60 Mn | 27.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.64% |
| Mar 31, 2026 | 27.64% |
| Mar 31, 2026 | 27.64% |
| Dec 31, 2025 | -68.38% |
| Dec 31, 2025 | -68.38% |
| Dec 31, 2025 | -68.38% |
| Sep 30, 2025 | 27.55% |
| Sep 30, 2025 | 27.55% |
| Sep 30, 2025 | 27.55% |
| Jun 30, 2025 | 23.63% |
| Jun 30, 2025 | 23.63% |
| Jun 30, 2025 | 23.63% |
| Mar 31, 2025 | 26.75% |
| Mar 31, 2025 | 26.75% |
| Mar 31, 2025 | 26.75% |
| Dec 31, 2024 | 25.02% |
| Dec 31, 2024 | 25.02% |
| Dec 31, 2024 | 25.02% |
| Sep 30, 2024 | 32.32% |
| Sep 30, 2024 | 32.32% |