Paylocity Holding (PCTY) Operating Margin (2013 - 2026)
Paylocity Holding (PCTY) recorded quarterly Operating Margin of 33.4% in Q1 2026, up 97.51% quarter-over-quarter from 16.91% in Q4 2025, and up 324.0% on a YoY basis from 7.88% in Q1 2025.
Paylocity Holding (PCTY) Operating Margin (2013 - 2026) Analysis & Trends
Paylocity Holding's Operating Margin history runs 14 years deep, the most recent figure standing at 33.4% for Q1 2026.
- In Q1 2026, Operating Margin rose 324.0% year-over-year to 33.4%; the TTM figure through Mar 2026 stood at 22.1% (up 102.0% YoY), while the FY2025 annual figure was 20.66%, up 36.0% from the prior year.
- Operating Margin was 33.4% for Q1 2026 at Paylocity Holding, up from 16.91% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 33.4% in Q1 2026 to a low of 2.8% in Q3 2022.
- Historically, Operating Margin has averaged 17.69% across 5 years, with a median of 17.9% in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Margin jumped 1132 bps in 2023, then tumbled 325 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 7.1% in 2022, then surged by 135 bps to 16.66% in 2023, then retreated by 20 bps to 13.41% in 2024, then gained by 26 bps to 16.91% in 2025, then jumped by 98 bps to 33.4% in 2026.
- The last three Operating Margin figures came in at 33.4% (Q1 2026), 16.91% (Q4 2025), and 18.18% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.05% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 13.34% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Paylocity Holding | 5.66 Bn | 5.36 Bn | 363.19 Mn | 33.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.40% |
| Dec 31, 2025 | 16.91% |
| Sep 30, 2025 | 18.18% |
| Jun 30, 2025 | 17.90% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 13.41% |
| Sep 30, 2024 | 19.26% |
| Jun 30, 2024 | 19.37% |
| Mar 31, 2024 | 26.49% |
| Dec 31, 2023 | 16.66% |
| Sep 30, 2023 | 14.12% |
| Jun 30, 2023 | 13.76% |
| Mar 31, 2023 | 23.65% |
| Dec 31, 2022 | 7.10% |
| Sep 30, 2022 | 2.80% |
| Jun 30, 2022 | 8.22% |
| Mar 31, 2022 | 19.26% |
| Dec 31, 2021 | 4.15% |
| Sep 30, 2021 | 5.67% |
| Jun 30, 2021 | 5.43% |