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
DateValue
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