Paylocity Holding (PCTY) Research & Development (2013 - 2026)
Paylocity Holding (PCTY) posted Research & Development of $103.7 million for Q2 2026, up 8.32% on a QoQ basis from $95.7 million in Q1 2026, and up 2.8% year-over-year from $100.9 million in Q2 2025.
Analysis
Paylocity Holding (PCTY) Research & Development (2013 - 2026) Analysis & Trends
Paylocity Holding has reported Research & Development for 14 years, with the latest figure at $103.7 million in Q2 2026.
- On a quarterly basis, Research & Development rose 2.8% year-over-year to $103.7 million in Q2 2026; TTM through Jun 2026 was $393.9 million, a 5.25% increase from a year earlier, with the FY2026 full-year figure at $393.9 million, up 5.25% from the prior year.
- Research & Development was $103.7 million for Q2 2026 at Paylocity Holding, up from $95.7 million in the prior quarter.
- The five-year high for Research & Development was $103.7 million in Q2 2026, with the low at $52.8 million in Q1 2022.
- Average Research & Development over 5 years is $84.0 million, with a median of $87.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development surged 44.95% in 2022, then advanced 2.8% in 2026.
- Over 5 years, Research & Development stood at $75.7 million in 2022, then gained by 5.39% to $79.8 million in 2023, then grew by 16.74% to $93.1 million in 2024, then grew by 5.31% to $98.1 million in 2025, then rose by 5.73% to $103.7 million in 2026.
- The last three Research & Development figures came in at $103.7 million (Q2 2026), $95.7 million (Q1 2026), and $98.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 265.90 Mn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | - |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 51.90 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 103.70 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | -63.45 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | - |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 9.10 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 9.26 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.70 Mn |
| Mar 31, 2026 | 95.73 Mn |
| Dec 31, 2025 | 98.08 Mn |
| Sep 30, 2025 | 96.37 Mn |
| Jun 30, 2025 | 100.88 Mn |
| Mar 31, 2025 | 91.77 Mn |
| Dec 31, 2024 | 93.13 Mn |
| Sep 30, 2024 | 88.43 Mn |
| Jun 30, 2024 | 88.01 Mn |
| Mar 31, 2024 | 86.76 Mn |
| Dec 31, 2023 | 79.78 Mn |
| Sep 30, 2023 | 80.40 Mn |
| Jun 30, 2023 | 75.90 Mn |
| Mar 31, 2023 | 74.06 Mn |
| Dec 31, 2022 | 75.69 Mn |
| Sep 30, 2022 | 71.06 Mn |
| Jun 30, 2022 | 59.60 Mn |
| Mar 31, 2022 | 52.75 Mn |
| Dec 31, 2021 | 52.22 Mn |
| Sep 30, 2021 | 49.89 Mn |