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