Paylocity Holding (PCTY) Gross Margin (2013 - 2026)
Paylocity Holding (PCTY) recorded quarterly Gross Margin of 77.29% in Q1 2026, up 13.99% quarter-over-quarter from 67.8% in Q4 2025, and up 18.0% on a YoY basis from 65.5% in Q1 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 77.29% for Q1 2026.
- In Q1 2026, Gross Margin rose 18.0% year-over-year to 77.29%; the TTM figure through Mar 2026 stood at 71.93% (down 276.0% YoY), while the FY2025 annual figure was 74.53%, down 43.0% from the prior year.
- Gross Margin was 77.29% for Q1 2026 at Paylocity Holding, up from 67.8% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 77.29% in Q1 2026 to a low of 59.05% in Q2 2023.
- Historically, Gross Margin has averaged 71.07% across 5 years, with a median of 71.84% in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 715 bps in 2023, then jumped 1498 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 71.34% in 2022, then gained by 3 bps to 73.37% in 2023, then retreated by 1 bps to 72.6% in 2024, then dropped by 7 bps to 67.8% in 2025, then climbed by 14 bps to 77.29% in 2026.
- The last three Gross Margin figures came in at 77.29% (Q1 2026), 67.8% (Q4 2025), and 68.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Paylocity Holding | 5.66 Bn | 5.36 Bn | 363.19 Mn | 77.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.29% |
| Dec 31, 2025 | 67.80% |
| Sep 30, 2025 | 68.55% |
| Jun 30, 2025 | 73.50% |
| Mar 31, 2025 | 77.11% |
| Dec 31, 2024 | 72.60% |
| Sep 30, 2024 | 74.45% |
| Jun 30, 2024 | 74.03% |
| Mar 31, 2024 | 71.10% |
| Dec 31, 2023 | 73.37% |
| Sep 30, 2023 | 74.09% |
| Jun 30, 2023 | 59.05% |
| Mar 31, 2023 | 71.84% |
| Dec 31, 2022 | 71.34% |
| Sep 30, 2022 | 66.62% |
| Jun 30, 2022 | 66.20% |
| Mar 31, 2022 | 69.29% |
| Dec 31, 2021 | 63.87% |
| Sep 30, 2021 | 65.50% |
| Jun 30, 2021 | 64.74% |