Paylocity Holding (PCTY) Research & Development (2013 - 2026)

Paylocity Holding's (PCTY) quarterly Research & Development came in at $95.7 million in Q1 2026, up 86.26% year-on-year from $51.4 million in Q1 2025, and up 65.8% quarter-over-quarter from $57.7 million in Q4 2025.

Paylocity Holding (PCTY) Research & Development (2013 - 2026) Analysis & Trends

Paylocity Holding's Research & Development history runs 14 years deep, the most recent figure standing at $95.7 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 86.26% year-over-year to $95.7 million in Q1 2026; TTM through Mar 2026 was $260.1 million, a 104.21% increase from a year earlier, with the FY2025 full-year figure at $205.9 million, up 15.43% from the prior year.
  • Research & Development advanced to $95.7 million in Q1 2026 per PCTY's latest filing, from $57.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $140.4 million in Q2 2022 and bottomed at -$68.6 million in Q2 2024.
  • The 5-year median for Research & Development is $55.6 million (2025), against an average of $57.6 million.
  • Across the five-year window, Research & Development jumped 203.28% in 2022 and sank 190.4% in 2024, its largest moves.
  • Year by year, Research & Development stood at $41.0 million in 2022, then jumped by 94.44% to $79.8 million in 2023, then declined by 29.61% to $56.2 million in 2024, then grew by 2.82% to $57.7 million in 2025, then surged by 65.8% to $95.7 million in 2026.
  • Per Business Quant, the three latest PCTY Research & Development figures stand at $95.7 million (Q1 2026), $57.7 million (Q4 2025), and $55.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Paylocity Holding 6.48 Bn 6.18 Bn 363.19 Mn 95.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 95.73 Mn
Dec 31, 2025 57.74 Mn
Sep 30, 2025 55.61 Mn
Jun 30, 2025 51.04 Mn
Mar 31, 2025 51.40 Mn
Dec 31, 2024 56.16 Mn
Sep 30, 2024 88.43 Mn
Jun 30, 2024 -68.61 Mn
Mar 31, 2024 43.39 Mn
Dec 31, 2023 79.78 Mn
Sep 30, 2023 44.61 Mn
Jun 30, 2023 75.90 Mn
Mar 31, 2023 74.06 Mn
Dec 31, 2022 41.03 Mn
Sep 30, 2022 40.09 Mn
Jun 30, 2022 140.43 Mn
Mar 31, 2022 52.75 Mn
Dec 31, 2021 52.22 Mn
Sep 30, 2021 49.89 Mn
Jun 30, 2021 46.30 Mn