Filing Flows › Paylocity Holding (PCTY) › Q4 FY26 › vs Q4 FY25
Paylocity Holding (PCTY) Q4 FY26 vs Q4 FY25 (year over year)
Paylocity Holding's revenue rose $44.0M (+11%) from $401M in Q4 FY25 to $445M in Q4 FY26. Gross margin 67.5% against 67.8% (-0.3 pts).
Paylocity Holding, Q4 FY26: revenue $445M (+11% year over year), operating margin 19.0%, net earnings $60.3M, operating cash flow $112M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 67.5% | 67.8% | -0.3 pts |
| Operating margin | 19.0% | 16.5% | +2.5 pts |
| Net margin | 13.6% | 12.1% | +1.4 pts |
| Free cash flow margin | 20.5% | 20.2% | +0.3 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $445M | $401M | $44.0M | +11% |
| Gross profit | $300M | $272M | $28.5M | +10% |
| Cost of revenue | $144M | $129M | $15.5M | +12% |
| Operating profit | $84.4M | $66.2M | $18.2M | +27% |
| Operating expenses | $216M | $206M | $10.3M | +5% |
| Pre-tax earnings | $85.2M | $66.8M | $18.4M | +28% |
| Research & development | $55.5M | $51.0M | $4.5M | +9% |
| Sales & marketing | $104M | $101M | $2.8M | +3% |
| General & admin | $56.7M | $53.7M | $3.0M | +6% |
| Net earnings | $60.3M | $48.6M | $11.7M | +24% |
| Income tax | $24.9M | $18.2M | $6.7M | +37% |
| Depreciation & amortization | $29.2M | $26.5M | $2.8M | +11% |
| Share-based compensation | $27.2M | $30.3M | −$3.1M | -10% |
| Working capital & other | $4.8M | $18.8M | −$14.0M | -74% |
| Operating cash flow | $112M | $86.6M | $25.3M | +29% |
| Free cash flow (OCF − capex) | $91.3M | $81.1M | $10.1M | +12% |
| Capital expenditures | $20.6M | $5.4M | $15.2M | +279% |
Questions
How much did Paylocity Holding's revenue grow year over year in Q4 FY26?
Paylocity Holding's revenue rose $44.0M (+11%) from $401M in Q4 FY25 to $445M in Q4 FY26. Gross margin 67.5% against 67.8% (-0.3 pts).