Paylocity Holding (PCTY) Gross Margin (2013 - 2026)

Paylocity Holding's (PCTY) quarterly Gross Margin came in at 72.31% in Q1 2026, up 87.0% year-on-year from 38.67% in Q1 2025, and down 0.82% quarter-over-quarter from 72.91% in Q4 2025.

Paylocity Holding (PCTY) Gross Margin (2013 - 2026) Analysis & Trends

Paylocity Holding's Gross Margin history runs 14 years deep, the most recent figure standing at 72.31% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 87.0% year-over-year to 72.31% in Q1 2026; TTM through Mar 2026 was 71.79%, a 588.0% decrease from a year earlier, with the FY2025 full-year figure at 74.53%, down 43.0% from the prior year.
  • Gross Margin retreated to 72.31% in Q1 2026 per PCTY's latest filing, from 72.91% in the prior quarter.
  • Across five years, Gross Margin topped out at 101.67% in Q2 2024 and bottomed at 66.8% in Q2 2022.
  • The 5-year median for Gross Margin is 72.31% (2026), against an average of 73.23%.
  • Across the five-year window, Gross Margin surged 2659 bps in 2024 and sank 2817 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 67.01% in 2022, then advanced by 0 bps to 67.09% in 2023, then grew by 8 bps to 72.6% in 2024, then climbed by 0 bps to 72.91% in 2025, then fell by 1 bps to 72.31% in 2026.
  • Per Business Quant, the three latest PCTY Gross Margin figures stand at 72.31% (Q1 2026), 72.91% (Q4 2025), and 68.55% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Paylocity Holding 6.48 Bn 6.18 Bn 363.19 Mn 72.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 72.31%
Dec 31, 2025 72.91%
Sep 30, 2025 68.55%
Jun 30, 2025 73.50%
Mar 31, 2025 71.43%
Dec 31, 2024 72.60%
Sep 30, 2024 74.45%
Jun 30, 2024 101.67%
Mar 31, 2024 77.77%
Dec 31, 2023 67.09%
Sep 30, 2023 68.05%
Jun 30, 2023 75.08%
Mar 31, 2023 77.71%
Dec 31, 2022 67.01%
Sep 30, 2022 68.76%
Jun 30, 2022 66.80%
Mar 31, 2022 69.29%
Dec 31, 2021 63.87%
Sep 30, 2021 65.19%
Jun 30, 2021 63.60%