Paylocity Holding (PCTY) Gross Margin (2013 - 2026)
Paylocity Holding (PCTY) posted Gross Margin of 67.54% for Q2 2026, down 6.59% on a QoQ basis from 72.31% in Q1 2026, and down 30.0% year-over-year from 96.49% in Q2 2025.
Analysis
Paylocity Holding (PCTY) Gross Margin (2013 - 2026) Analysis & Trends
Paylocity Holding has reported Gross Margin for 14 years, with the latest figure at 67.54% in Q2 2026.
- On a quarterly basis, Gross Margin fell 30.0% year-over-year to 67.54% in Q2 2026; TTM through Jun 2026 was 69.19%, a 42.0% increase from a year earlier, with the FY2026 full-year figure at 69.19%, up 42.0% from the prior year.
- Gross Margin was 67.54% for Q2 2026 at Paylocity Holding, down from 72.31% in the prior quarter.
- The five-year high for Gross Margin was 72.31% in Q1 2026, with the low at 66.2% in Q2 2022.
- Average Gross Margin over 5 years is 68.55%, with a median of 67.95% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 313 bps in 2022, then tumbled 136 bps in 2024.
- Over 5 years, Gross Margin stood at 67.01% in 2022, then climbed by 0 bps to 67.09% in 2023, then retreated by 0 bps to 66.96% in 2024, then rose by 1 bps to 67.8% in 2025, then retreated by 0 bps to 67.54% in 2026.
- The last three Gross Margin figures came in at 67.54% (Q2 2026), 72.31% (Q1 2026), and 67.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 45.88% |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 74.01% |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 77.64% |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 67.54% |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 86.67% |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 27.79% |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 67.51% |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 79.90% |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.54% |
| Mar 31, 2026 | 72.31% |
| Dec 31, 2025 | 67.80% |
| Sep 30, 2025 | 68.55% |
| Jun 30, 2025 | 67.84% |
| Mar 31, 2025 | 71.43% |
| Dec 31, 2024 | 66.96% |
| Sep 30, 2024 | 68.33% |
| Jun 30, 2024 | 67.29% |
| Mar 31, 2024 | 71.10% |
| Dec 31, 2023 | 67.09% |
| Sep 30, 2023 | 68.05% |
| Jun 30, 2023 | 68.65% |
| Mar 31, 2023 | 71.84% |
| Dec 31, 2022 | 67.01% |
| Sep 30, 2022 | 66.62% |
| Jun 30, 2022 | 66.20% |
| Mar 31, 2022 | 69.29% |
| Dec 31, 2021 | 63.87% |
| Sep 30, 2021 | 65.19% |