Paycom Software, Inc. (PAYC) Form 8-K — Aug 5, 2026

$PAYCForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 4:10 PM ET0001193125-26-335105Original filing

Paycom Software (NYSE: PAYC) reported second quarter 2026 results with total revenues of $531.2 million, up 9.8% year-over-year, and GAAP net income of $107.4 million, or $2.34 per diluted share, versus $89.5 million, or $1.58 per diluted share, a year ago. Adjusted EBITDA was $235.0 million, a 44% margin. Founder and CEO Chad Richison said results came in ahead of expectations, and the company raised its full-year 2026 outlook to revenue of $2.197 billion to $2.212 billion (7-8% growth) and adjusted EBITDA of $1.007 billion to $1.022 billion, roughly a 46% margin at the midpoint.

Key figures

Eps: $2.34 diluted GAAP; $2.78 diluted non-GAAP
Revenue: $531.2 million (Q2 2026)
Guidance: FY2026 total revenue $2.197 billion to $2.212 billion (7-8% growth); recurring and other revenue growth 8-9%; interest on funds held for clients ~$105 million; adjusted EBITDA $1.007 billion to $1.022 billion (~46% margin at midpoint)
Net Income: $107.4 million GAAP; $127.7 million non-GAAP
Total Debt: $900.0 million long-term debt (new credit facility borrowings)
Revenue Yoy: +9.8%
Total Assets: $5,202.4 million
Cash Position: $198.0 million as of June 30, 2026 (vs $370.0 million at Dec 31, 2025)
Adjusted Ebitda: $235.0 million (Q2 2026, 44.2% margin) vs $198.3 million (Q2 2025)
H1 Free Cash Flow: $372.7 million (33.8% margin)
Q2 Dividends Paid: $17.9 million
Recurring Revenue: $505.2 million, +11.0% YoY, 95.1% of total revenues
Q2 Interest Expense: $10.5 million vs $0.8 million prior-year quarter
Shares Outstanding: 44.3 million at June 30, 2026 vs 54.8 million at Dec 31, 2025
H1 Share Repurchases: $1,389.7 million
Q2 Share Repurchases: 2,570,072 shares for $345.9 million
Funds Held For Clients: $3,006.1 million as of June 30, 2026
Interest On Funds Held Q2: $26.0 million vs $28.5 million prior-year quarter

Price after filing

1 day: 0.0%7 days: +20.5%30 days: +37.2%

Close on the filing date to close N calendar days later (from $175.30). Historical, not a forecast.

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