PAYC
Paycom Software, Inc.162.77
-0.04-0.02%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Sales retraining targets growth inflection
Q&A zeroed in on sales retraining after leadership changes and expansion to 10 offices adding 100 reps, key to new logo growth despite 2026's conservative 6-7% revenue guide mirroring last year's initial outlook. Management brushed off macro fears, insisting no buyer hesitation or cycle lengthening. IWant usage jumped 80% in January, boosting retention to 91% with record client returns and upside potential. No competitive shifts noted. Sales execution matters for the thesis. Chad sounded bullish on automation differentiation. Watch inflection points quarterly.
Key Stats
Market Cap
9.16BP/E (TTM)
20.19Basic EPS (TTM)
8.06Dividend Yield
0.01%Recent Filings
8-K
Paycom adds $200M repurchase authorization
Paycom's board authorized $200 million more for share repurchases on March 5, 2026, topping up the plan after exhausting $1.45 billion since July 2024. Shares can be bought openly or privately through August 15, 2026, at the board committee's discretion amid market conditions. Repurchases signal confidence. Plan remains flexible, subject to economic risks.
10-K
FY2025 results
Paycom delivered FY2025 revenues of $2.05B, up 9% y/y, with recurring and other revenues rising 10% to $1.94B on new clients and cross-sells, while Q4 benefited from seasonal bonuses and ACA filings. Yet operating income dipped 11% to $567M as sales/marketing jumped 11% and R&D 17%, reflecting heavy automation/AI investments; margins compressed while client count hit 39,199. Q4 accelerated revenue momentum versus Q3 (derived). Repurchased $372M in shares; $1.11B remains authorized. Funds held for clients averaged $2.7B. Cyber-attacks threaten data security and client trust.
8-K
Hadlock named President
Paycom Software appointed Shane Hadlock as President and Chief Client Officer on February 18, 2026, making him the sole principal operating officer with COO Randy Peck reporting to him; CEO Chad Richison remains in place. His base salary rose to $700,000. The board simultaneously approved amended bylaws clarifying the President's duties and redefining 'Principal Competitor.' Hadlock's 14-year tenure sharpens operations focus. Leadership streamlined.
8-K
Paycom's 9% revenue growth
8-K
Quarterly dividend declared
IPO
Website
Employees
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