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| Date | Value |
|---|---|
| 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 |