Paylocity Holding (PCTY) Operating Margin (2013 - 2026)
Paylocity Holding (PCTY) posted quarterly Operating Margin of 31.25% for Q1 2026, up 331.0% year-over-year from 7.25% in Q1 2025, and up 71.84% quarter-over-quarter from 18.19% in Q4 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 31.25% for Q1 2026.
- In Q1 2026, Operating Margin rose 331.0% year-over-year to 31.25%; the TTM figure through Mar 2026 stood at 22.06% (up 14.0% YoY), while the FY2025 annual figure was 20.66%, up 36.0% from the prior year.
- Operating Margin for Q1 2026 stood at 31.25%, up from 18.19% in the prior quarter.
- The five-year high for Operating Margin was 31.25% in Q1 2026, with the low at 2.89% in Q3 2022.
- The 5-year median for Operating Margin is 18.18% (2025), against an average of 18.24%.
- The sharpest annual moves came in 2023 and 2025: Operating Margin surged 1008 bps in 2023, then slumped 870 bps in 2025.
- Paylocity Holding's Operating Margin stood at 6.67% in 2022, then jumped by 128 bps to 15.23% in 2023, then decreased by 12 bps to 13.41% in 2024, then soared by 36 bps to 18.19% in 2025, then jumped by 72 bps to 31.25% in 2026.
- Business Quant data shows PCTY's Operating Margin at 31.25% in Q1 2026, 18.19% in Q4 2025, and 18.18% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Paylocity Holding | 7.90 Bn | 7.63 Bn | 300.38 Mn | 18.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.98% |
| Mar 31, 2026 | 31.25% |
| Dec 31, 2025 | 18.19% |
| Sep 30, 2025 | 18.18% |
| Jun 30, 2025 | 17.90% |
| Mar 31, 2025 | 27.95% |
| Dec 31, 2024 | 13.41% |
| Sep 30, 2024 | 19.26% |
| Jun 30, 2024 | 26.61% |
| Mar 31, 2024 | 28.97% |
| Dec 31, 2023 | 15.23% |
| Sep 30, 2023 | 12.97% |
| Jun 30, 2023 | 17.50% |
| Mar 31, 2023 | 25.58% |
| Dec 31, 2022 | 6.67% |
| Sep 30, 2022 | 2.89% |
| Jun 30, 2022 | 8.30% |
| Mar 31, 2022 | 19.26% |
| Dec 31, 2021 | 4.15% |
| Sep 30, 2021 | 5.64% |