Paylocity Holding (PCTY) Research & Development (2013 - 2026)
Paylocity Holding (PCTY) posted quarterly Research & Development of $95.7 million for Q1 2026, up 86.26% year-over-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.
- In Q1 2026, Research & Development rose 86.26% year-over-year to $95.7 million; the TTM figure through Mar 2026 stood at $260.1 million (up 104.21% YoY), while the FY2025 annual figure was $205.9 million, up 15.43% from the prior year.
- Research & Development for Q1 2026 stood at $95.7 million, up from $57.7 million in the prior quarter.
- The five-year high for Research & Development was $140.4 million in Q2 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 203.28% in 2022, then plunged 190.4% in 2024.
- Paylocity Holding's Research & Development stood at $41.0 million in 2022, then soared by 94.44% to $79.8 million in 2023, then dropped by 29.61% to $56.2 million in 2024, then climbed by 2.82% to $57.7 million in 2025, then jumped by 65.8% to $95.7 million in 2026.
- Business Quant data shows PCTY's Research & Development at $95.7 million in Q1 2026, $57.7 million in Q4 2025, and $55.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Paylocity Holding | 7.90 Bn | 7.63 Bn | 300.38 Mn | 103.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 103.70 Mn |
| 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 |