Paylocity Holding (PCTY) Company Report

Paylocity reported strong Q1 fiscal 2026 financial results, with total revenue of $408.2 million, a 12% increase year-over-year, and Adjusted EBITDA of $146.4 million, representing a 35.9% margin.
The company raised its fiscal 2026 guidance, with total revenue now expected to be in the range of $1.715 billion-$1.730 billion and Adjusted EBITDA between $615 million-$625 million.
Paylocity also increased its long-term financial targets, raising the revenue target from $2 billion to $3 billion and the Adjusted EBITDA margin target from 35%-40% to 40%-45%. These updates are driven by the success of Paylocity for Finance, expansion into IT, and a differentiated AI strategy.
In Q1, the company repurchased nearly 1.2 million shares for $200 million, with $500 million remaining under the current repurchase program.

Nov 4, 2025, 10:00 PM

Paylocity Reports Q1 Fiscal 2026 Results and Updates Guidance

PCTY

Earnings

Guidance Update

Share Buyback

Paylocity reported Q1 Fiscal 2026 total revenue of $408.0 million, a 16% year-over-year increase, with diluted earnings per share of $0.75, up 19% from Q1 Fiscal 2025.
For Fiscal 2026, the company projects total revenue between $1.723 billion and $1.733 billion and an Adjusted EBITDA margin of 35-36%.
Q2 Fiscal 2026 guidance includes total revenue of $415 million to $420 million and recurring revenue growth of 16-17%.
Since May 2024, Paylocity has repurchased approximately 3.0 million shares for $500 million, with ~$500 million remaining under its current repurchase program.

Nov 4, 2025, 10:00 PM

Paylocity Reports Strong Q1 Fiscal 2026 Results, Raises Guidance and Long-Term Targets

PCTY

Earnings

Guidance Update

Share Buyback

Paylocity (PCTY) started Fiscal 2026 with strong financial results, reporting total revenue of $408.2 million, a 12% increase over Q1 of last year, and recurring and other revenue growth of 14%.
The company's Adjusted EBITDA for the first quarter was $146.4 million, achieving a 35.9% margin and exceeding the top end of its guidance.
Paylocity increased all aspects of its Fiscal 2026 guidance and raised its long-term financial targets, including a revenue target increase from $2 billion to $3 billion and an Adjusted EBITDA margin target increase from 35%-40% to 40%-45%.
In Q1, Paylocity repurchased nearly 1.2 million shares of common stock for $200 million at an average price of $173.30 per share, with $500 million remaining under the current repurchase program.
The company highlighted its AI-driven platform and the recent launch of Paylocity for Finance, which expanded its market-leading workforce platform into the office of the CFO and IT, contributing to strong results and increased confidence.

Nov 4, 2025, 10:00 PM

Paylocity Reports Strong Q1 Fiscal 2026 Results, Raises Full-Year Guidance, and Updates Long-Term Targets

PCTY

Earnings

Guidance Update

Product Launch

Paylocity (PCTY) reported strong financial results for the first quarter of Fiscal 2026, which ended on September 30, 2025, with total revenue of $408.2 million, an increase of 12% over Q1 of last year, and recurring and other revenue growth of 14%.
The company's Adjusted EBITDA for Q1 Fiscal 2026 was $146.4 million, representing a 35.9% margin.
Paylocity increased its financial guidance for Fiscal 2026, with recurring and other revenue now expected to be in the range of $1.605 billion to $1.620 billion, reflecting approximately 10% growth over Fiscal 2025.
The company updated its long-term financial targets, raising the revenue target from $2 billion to $3 billion and the Adjusted EBITDA margin target from 35%-40% to 40%-45%.
Strategic initiatives, including the launch of Paylocity for Finance and expansion into IT, along with continued investment in its AI-driven platform, contributed to the strong results and increased confidence in future growth.

Nov 4, 2025, 10:00 PM

Paylocity Announces Q1 Fiscal Year 2026 Financial Results and Updates Long-Term Targets

PCTY

Earnings

Share Buyback

Guidance Update

Paylocity reported Q1 Fiscal Year 2026 Total Revenue of $408.2 million, an increase of 12% year-over-year, with Recurring & Other Revenue growing 14% to $378.9 million.
GAAP net income for Q1 Fiscal Year 2026 was $48.0 million or $0.86 per share, and Adjusted EBITDA reached $146.4 million.
The company repurchased $200 million or 1.2 million shares in Q1 Fiscal Year 2026, contributing to a total of $500 million or 3.0 million shares repurchased since May 2024.
Paylocity announced updated long-term financial targets, including increased Adjusted EBITDA and Free Cash Flow margin targets, and provided Q2 Fiscal Year 2026 Total Revenue guidance in the range of $405.5 million to $410.5 million.

Nov 4, 2025, 9:09 PM

Earnings Transcripts

Quarterly earnings call transcripts for Paylocity Holding.

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