Paylocity Holding (PCTY) Research & Development (2013 - 2026)
Paylocity Holding (PCTY) recorded quarterly Research & Development of $52.5 million in Q1 2026, down 9.05% quarter-over-quarter from $57.7 million in Q4 2025, and up 2.18% on a YoY basis from $51.4 million in Q1 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 $52.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 2.18% year-over-year to $52.5 million; the TTM figure through Mar 2026 stood at $216.9 million (up 8.99% YoY), while the FY2025 annual figure was $205.9 million, up 15.43% from the prior year.
- Research & Development was $52.5 million for Q1 2026 at Paylocity Holding, down from $57.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $57.7 million in Q4 2025 to a low of $25.7 million in Q1 2022.
- Historically, Research & Development has averaged $45.2 million across 5 years, with a median of $44.6 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development soared 73.74% in 2022, then grew 2.18% in 2026.
- A 5-year view of Research & Development shows it stood at $41.0 million in 2022, then grew by 12.45% to $46.1 million in 2023, then gained by 21.71% to $56.2 million in 2024, then grew by 2.82% to $57.7 million in 2025, then slipped by 9.05% to $52.5 million in 2026.
- The last three Research & Development figures came in at $52.5 million (Q1 2026), $57.7 million (Q4 2025), and $55.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Paylocity Holding | 5.66 Bn | 5.36 Bn | 363.19 Mn | 52.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.52 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 | 47.26 Mn |
| Jun 30, 2024 | 44.20 Mn |
| Mar 31, 2024 | 43.39 Mn |
| Dec 31, 2023 | 46.14 Mn |
| Sep 30, 2023 | 44.61 Mn |
| Jun 30, 2023 | 40.55 Mn |
| Mar 31, 2023 | 42.32 Mn |
| Dec 31, 2022 | 41.03 Mn |
| Sep 30, 2022 | 40.09 Mn |
| Jun 30, 2022 | 28.88 Mn |
| Mar 31, 2022 | 25.67 Mn |
| Dec 31, 2021 | 25.28 Mn |
| Sep 30, 2021 | 23.08 Mn |
| Jun 30, 2021 | 20.26 Mn |