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Paylocity Holding (PCTY) guidance and outlook
Paylocity Holding (PCTY) raised its guidance on Nov 5, 2026: Revenue $452M–$458M for Q2 FY2027; Revenue +9% for Q2 FY2027; EBITDA $152M–$156M for Q2 FY2027; Revenue $1.9B for FY2027. Paylocity Holding's 10-Q filed Nov 6, 2026 makes 20 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | Q2 FY2027 | $423M–$428M | new |
| Revenue | Q2 FY2027 | +10% | new |
| Revenue | Q2 FY2027 | $452M–$458M | new |
| Revenue | Q2 FY2027 | +9% | new |
| EBITDA | Q2 FY2027 | $152M–$156M | new |
| EBITDA | Q2 FY2027 | $123M–$127M | new |
| Revenue | FY2027 | $1.8B | new |
| Revenue | FY2027 | +9% | new |
| Revenue | FY2027 | $1.9B | raised |
| Revenue | FY2027 | +8% | raised |
| EBITDA | FY2027 | $712M–$722M | raised |
| EBITDA | FY2027 | $594M–$604M | new |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- We plan to continue to invest in research and development efforts that will allow us to offer a broader selection of products to new and existing clients focused on experiences that solve our clients’ challenges.
- We believe there is a significant opportunity to grow our business by increasing our number of clients, and we intend to invest in our business to achieve this purpose.
- We intend to continue to grow our sales and marketing organization across new and existing geographic territories.
- In addition to growing our number of clients, we intend to grow our revenue over the long term by increasing the number of solutions that clients purchase from us.
- We expect to continue to invest in and grow our implementation and client service organization as our client base grows.
- We will continue to invest across our entire organization as we continue to grow our business over the long term.
- We expect these investments to increase our costs on an absolute basis, but as we grow our number of clients and our related revenues, we anticipate that we will gain economies of scale and increased operating leverage.
- As a result, we expect our gross and operating margins will improve over the long term.
- At the end of fiscal 2026, we reassessed the expected period of benefit and, effective June 30, 2026, extended the amortization period to 8 years on a prospective basis.
- Our cost of revenues is expected to increase in absolute dollars for the foreseeable future as we increase our client base.
- However, we expect to realize cost efficiencies over the long term as our business scales, resulting in improved operating leverage and increased margins.
- We will seek to grow our number of clients for the foreseeable future and therefore our sales and marketing expense is expected to continue to increase in absolute dollars as we grow our sales organization and expand our marketing activities.
Paylocity Holding's latest quarter
Paylocity Holding, Q1 FY27: revenue $452M (+11% year over year), operating margin 18.2%, net earnings $57.6M, operating cash flow $79.7M. The chart follows the revenue to costs, profit and cash.
Questions
Did Paylocity Holding raise or lower its guidance?
Paylocity Holding (PCTY) raised its guidance on Nov 5, 2026: Revenue $452M–$458M for Q2 FY2027; Revenue +9% for Q2 FY2027; EBITDA $152M–$156M for Q2 FY2027; Revenue $1.9B for FY2027.
What does Paylocity Holding expect?
We plan to continue to invest in research and development efforts that will allow us to offer a broader selection of products to new and existing clients focused on experiences that solve our clients’ challenges. We believe there is a significant opportunity to grow our business by increasing our number of clients, and we intend to invest in our business to achieve this purpose. We intend to continue to grow our sales and marketing organization across new and existing geographic territories.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.