Filing Flows › Paycom Software (PAYC) › Q3 2026 › vs Q3 2025
Paycom Software (PAYC) Q3 2026 vs Q3 2025 (year over year)
Paycom Software's revenue rose $50.5M (+10%) from $493M in Q3 2025 to $544M in Q3 2026. The biggest changes: Recurring and Other +$52.8M (+11%); Interest on Funds Held for Clients −$2.3M (-9%). Operating margin 36.0% against 22.8% (+13.2 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 36.0% | 22.8% | +13.2 pts |
| Net margin | 24.5% | 22.4% | +2.1 pts |
| Free cash flow margin | 30.1% | 16.2% | +13.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Recurring and Other | $519M | $466M | $52.8M | +11% |
| Interest on Funds Held for Clients | $24.5M | $26.8M | −$2.3M | -9% |
| Revenue | $544M | $493M | $50.5M | +10% |
| Operating profit | $196M | $113M | $83.2M | +74% |
| Pre-tax earnings | $185M | $153M | $32.5M | +21% |
| Other expense, net | $10.5M | −$40.2M | $50.7M | — |
| Net earnings | $133M | $111M | $22.5M | +20% |
| Income tax | $52.1M | $42.1M | $10.0M | +24% |
| Depreciation & amortization | $50.7M | $45.0M | $5.7M | +13% |
| Share-based compensation | $20.4M | $31.2M | −$10.8M | -35% |
| Working capital & other | $18.0M | $9.1M | $8.9M | +98% |
| Operating cash flow | $186M | $178M | $8.5M | +5% |
| Free cash flow (OCF − capex) | $164M | $79.8M | $84.0M | +105% |
| Capital expenditures | $22.5M | $98.0M | −$75.5M | -77% |
Questions
How much did Paycom Software's revenue grow year over year in Q3 2026?
Paycom Software's revenue rose $50.5M (+10%) from $493M in Q3 2025 to $544M in Q3 2026.
What drove Paycom Software's revenue change in Q3 2026?
Recurring and Other +$52.8M (+11%); Interest on Funds Held for Clients −$2.3M (-9%).