Paycom Software, Inc.: Beat — EPS $3.37, Revenue $543.8M
Earnings BeatQ3 2026 · After-market
Did Paycom Software, Inc. (PAYC) beat earnings today?
Yes, Paycom Software, Inc. (PAYC) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+20.36% surprise
$3.37Actual
Expected: $2.80
vs. year ago +73.7%
Total Revenue+1.64% surprise
$543.8MActual
Expected: $535.05M
vs. year ago +10.2%
Released Nov 04 · 4:05 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Total revenues | $543.80M | $493.30M | +10.2 |
| Revenue detail — reported lines | |||
| └─Recurring and other | $519.30M | $466.50M | +11.3 |
| └─Interest on funds held for clients | $24.50M | $26.80M | -8.6 |
| Net income | $133.20M | $110.70M | +20.3 |
| GAAP Basic EPS | $3.01 | $1.97 | +52.8 |
| GAAP Diluted EPS | $2.99 | $1.96 | +52.6 |
| Non-GAAP Basic EPS | $3.38 | $1.95 | +73.3 |
| Non-GAAP Diluted EPS | $3.37 | $1.94 | +73.7 |
Financial Outlook / Guidance
| Metric | FY26 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Total revenue | $2.213B-$2.218B (~8% YoY | $2.21BBeat +0.25% |
| Recurring and other revenue growth | ~9% YoY | — |
| Interest on funds held for clients | ~$107.0M | — |
| Adjusted EBITDA | $1.069B-$1.079B (48.5% midpoint margin | — |
FY26 Outlook
- Total revenue
- Guidance$2.213B-$2.218B(~8% YoYExpected$2.21BBeat +0.25%
- Recurring and other revenue growth
- Guidance~9% YoYExpected—
- Interest on funds held for clients
- Guidance~$107.0MExpected—
- Adjusted EBITDA
- Guidance$1.069B-$1.079B(48.5% midpoint marginExpected—
Business Highlights
- ➤Provides cloud-based human capital management software for organizations across the U.S. and internationally.
- ➤Platform uses a single database to automate the employment life cycle and improve data accuracy.
- ➤Industry-first IWant™ AI engine provides instant access to accurate employee data.
- ➤Paid $16.7M in cash dividends during the quarter.
- ➤Company says it has been recognized by third-party reviewers as a leading payroll and HCM solution for over 25 years.
Management Commentary
Chad Richison, founder and CEO
“Our strong third-quarter results reflect the tremendous ROI clients are realizing from the automated decisioning logic built into our platform. Our software and infrastructure allow us to develop, release, host, distribute, and service technology that delivers greater value to our clients and Paycom. This represents a powerful advantage across our large and expanding TAM. Thanks to our strong performance, we are once again raising our full-year outlook.”