Filing Flows › Paycom Software (PAYC) › Q3 2026 › vs Q2 2026
Paycom Software (PAYC) Q3 2026 vs Q2 2026 (quarter over quarter)
Paycom Software's revenue rose $12.6M (+2%) from $531M in Q2 2026 to $544M in Q3 2026. The biggest changes: Recurring and Other +$14.1M (+3%); Interest on Funds Held for Clients −$1.5M (-6%). Operating margin 36.0% against 31.7% (+4.3 pts).
Paycom Software, Q3 2026: revenue $544M (+10% year over year), operating margin 36.0%, net earnings $133M, operating cash flow $186M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 36.0% | 31.7% | +4.3 pts |
| Net margin | 24.5% | 20.2% | +4.3 pts |
| Free cash flow margin | 30.1% | 35.8% | -5.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Recurring and Other | $519M | $505M | $14.1M | +3% |
| Interest on Funds Held for Clients | $24.5M | $26.0M | −$1.5M | -6% |
| Revenue | $544M | $531M | $12.6M | +2% |
| Operating profit | $196M | $168M | $27.3M | +16% |
| Pre-tax earnings | $185M | $157M | $28.4M | +18% |
| Other expense, net | $10.5M | $11.6M | −$1.1M | -9% |
| Net earnings | $133M | $107M | $25.8M | +24% |
| Income tax | $52.1M | $49.5M | $2.6M | +5% |
| Depreciation & amortization | $50.7M | $50.1M | $600K | +1% |
| Share-based compensation | $20.4M | $17.5M | $2.9M | +17% |
| Working capital & other | $18.0M | −$38.8M | $56.8M | — |
| Operating cash flow | $186M | $214M | −$27.5M | -13% |
| Free cash flow (OCF − capex) | $164M | $190M | −$26.3M | -14% |
| Capital expenditures | $22.5M | $23.7M | −$1.2M | -5% |
Questions
How much did Paycom Software's revenue grow quarter over quarter in Q3 2026?
Paycom Software's revenue rose $12.6M (+2%) from $531M in Q2 2026 to $544M in Q3 2026.
What drove Paycom Software's revenue change in Q3 2026?
Recurring and Other +$14.1M (+3%); Interest on Funds Held for Clients −$1.5M (-6%).