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Paycom Software (PAYC) guidance and outlook
Paycom Software (PAYC) raised its guidance on Nov 4, 2026: Revenue $2.2B for FY2026; Revenue +8% for FY2026; EBITDA $1.1B for FY2026; EBITDA +48.5% for FY2026. Paycom Software's 10-Q filed Nov 5, 2026 makes 17 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $2.2B | raised |
| Revenue | FY2026 | +8% | raised |
| Revenue | +9% | new | |
| EBITDA | FY2026 | $1.1B | raised |
| EBITDA | FY2026 | +48.5% | raised |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- Consequently, we have historically generated the majority of our revenues from our payroll applications, although our revenue mix has evolved and will continue to evolve as we develop and add new non-payroll applications to our solution.
- Our continued growth depends on attracting new clients by continuing to leverage our sales force productivity, penetrating existing markets and expanding into new markets, targeting a high degree of client employee usage across our solution, and introducing new applications to our existing client base.
- In addition, we plan to expand our sales capacity in the future to grow our market presence.
- We expect competition to remain intense as new market entrants and disruptive technologies emerge and aggressive pricing and client retention strategies persist.
- Our target client size is organizations with 50 to 10,000 or more employees.
- We believe the challenges of managing the ever-changing complexity of payroll and human resources will continue to drive companies to turn to outsourced providers for help with their HCM needs.
- As we introduce new applications, expand our client base and renew and expand relationships with existing clients, we expect our average funds held for clients balance and, accordingly, interest earned on funds held for clients, will increase; however, the amount of interest we earn is impacted by changes in interest rates.
- Generally, we expect our first and fourth quarter recurring revenues to be higher than other quarters during the year because payroll tax filing forms and Affordable Care Act forms are typically processed in the first quarter, and unscheduled payroll runs (such as bonuses) for our clients are typically concentrated in the fourth quarter.
- As is customary for our business, we expect fluctuations in research and development expenses as a percentage of revenue on a quarter-to-quarter basis due to seasonal revenue trends, the introduction of new products, the amount and timing of research and development costs that may be capitalized and the timing of onboarding new hires and restricted stock vesting events.
- We believe our existing cash and cash equivalents, cash generated from operations and available sources of liquidity will be sufficient to maintain operations, make necessary capital expenditures, service debt, pay dividends and opportunistically repurchase shares for at least the next 12 months.
- In addition, based on our strong profitability and continued growth, we expect to meet our longer-term liquidity needs with cash flows from operations and, as needed, financing arrangements.
- To the extent we elect to finance our long-term liquidity needs, we believe that the potential financing capital available to us in the future will be sufficient.
Paycom Software's latest quarter
Paycom Software, Q3 2026: revenue $544M (+10% year over year), operating margin 36.0%, net earnings $133M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.
Questions
Did Paycom Software raise or lower its guidance?
Paycom Software (PAYC) raised its guidance on Nov 4, 2026: Revenue $2.2B for FY2026; Revenue +8% for FY2026; EBITDA $1.1B for FY2026; EBITDA +48.5% for FY2026.
What does Paycom Software expect?
Consequently, we have historically generated the majority of our revenues from our payroll applications, although our revenue mix has evolved and will continue to evolve as we develop and add new non-payroll applications to our solution. Our continued growth depends on attracting new clients by continuing to leverage our sales force productivity, penetrating existing markets and expanding into new markets, targeting a high degree of client employee usage across our solution, and introducing new applications to our existing client base. In addition, we plan to expand our sales capacity in the f
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.