Paylocity Earnings Reports

Paylocity reported strong financial results for Q2 FY25, with total revenue reaching $377.0 million, a 16% increase year-over-year. Recurring & other revenue grew 17% to $347.7 million. Net income was $37.5 million, and GAAP EPS stood at $0.66. Operating income decreased slightly to $46.6 million. The company raised its revenue and profitability guidance for FY25.

Paylocity reported a strong start to fiscal year 2025, with a 14% increase in both recurring & other revenue and total revenue. The company's profitability also significantly increased year-over-year. Paylocity completed the acquisition of Airbase, expanding its total addressable market.

Paylocity announced strong Q4 and full fiscal year 2024 financial results, driven by its position as a modern HCM provider. Total revenue increased by 16% year-over-year, with recurring and other revenue up by 15%. The company also returned capital to shareholders by repurchasing $150 million of its stock.

Paylocity announced its Q3 2024 financial results, demonstrating strong performance with an 18% increase in total revenue and a 17% increase in recurring and other revenue. The company's commitment to product innovation was highlighted by enhancements to its talent acquisition suite and recognition in the G2 Spring 2024 Grid Reports. The Board of Directors approved a $500 million share repurchase program due to strong profitability and cash flows.

Paylocity announced its Q2 2024 financial results, showcasing a 20% increase in total revenue to $326.4 million and a 16% increase in recurring revenue to $298.4 million compared to the previous year. The company's GAAP net income was $38.1 million, or $0.67 per share, and adjusted EBITDA reached $112.6 million. Paylocity is issuing guidance for Q3 and full fiscal year 2024.

Paylocity announced strong Q1 2024 results, with total revenue increasing by 25% year-over-year to $317.6 million and recurring revenue growing by 19% year-over-year. The company's adjusted EBITDA reached $104.9 million, highlighting its continued growth and profitability.

Paylocity announced strong Q4 and full fiscal year 2023 financial results, with a 35% increase in total revenue for Q4 and a 38% increase for the full fiscal year. Recurring revenue continues to be a strong driver of growth, and the company is updating financial targets to reflect sustained revenue growth and increasing profitability.

Paylocity announced strong financial results for Q3 2023, with total revenue reaching $339.9 million, a 38% increase year-over-year, and recurring & other revenue growing by 28% to $314.2 million. The company highlighted its focus on innovative product development, including the launch of AI Assist, and its recognition as a top employer.

Paylocity announced its Q2 2023 financial results, with a 39% increase in total revenue and a 31% increase in recurring and other revenue compared to the previous year. The company's growth was attributed to its modern software, strong sales execution, and investments in product innovation, including the integration of Cloudsnap.

Paylocity announced strong financial results for the first quarter of fiscal year 2023, with total revenue increasing by 39% year-over-year to $253.3 million and recurring and other revenue growing by 36% year-over-year to $245.4 million. GAAP net income was $30.4 million, or $0.54 per share. Adjusted EBITDA was $66.6 million.

Paylocity announced its Q4 and full fiscal year 2022 financial results, with total revenue reaching $228.9 million for the quarter, a 37% increase year-over-year. Recurring and other revenue also grew by 36% to $226.9 million. The company's FY22 revenue reached $852.7 million, representing a 34% increase year-over-year.

Paylocity announced strong financial results for the third quarter of fiscal year 2022, with a 32% increase in total revenue compared to the same quarter last year. Recurring and other revenue also increased by 32%. The company's adjusted EBITDA was $85.7 million for the quarter.

Paylocity announced its Q2 2022 financial results, demonstrating a 34% increase in total revenue year-over-year, reaching $196.0 million. The company's recurring and other revenue also grew by 34% to $195.0 million. GAAP net income was $9.9 million, or $0.17 per share, and adjusted EBITDA was $46.6 million.

Paylocity announced a strong start to fiscal year 2022, with total revenue and recurring revenue up by 34% year-over-year. The company also completed the acquisition of Blue Marble, a global payroll provider.

Paylocity announced its Q4 and full fiscal year 2021 financial results, demonstrating solid performance amidst the COVID-19 pandemic. The company highlighted a 16% growth in recurring and other revenue and strong momentum heading into fiscal year 2022.

Paylocity announced a strong third quarter with 11% growth in recurring and other revenue, driven by a strong sales team performance in a digital selling environment and sustained investment in R&D.

Paylocity announced a strong second quarter with a 14% increase in recurring and other revenue and an 11% increase in total revenue. The company's sales team performed well in a virtual selling environment, and Paylocity is excited about its product momentum, including the acquisition of Samepage.

Paylocity announced financial results for the first quarter of fiscal year 2021, which ended September 30, 2020. The company reported an 11% increase in recurring and other revenue and a 7% increase in total revenue.

Paylocity announced its Q4 and full fiscal year 2020 financial results, with a focus on recurring revenue growth and resilience amidst COVID-19 challenges. The company highlighted its commitment to product development and assisting clients through uncertain times.

Paylocity announced strong Q3 2020 results, with recurring and other revenue up 25% year-over-year. The company responded to the COVID-19 crisis by adding functionality to its systems and proactively working with clients.

Paylocity announced its Q2 fiscal year 2020 financial results, highlighting a strong quarter with significant recurring revenue growth and sales momentum. The company's product development efforts have also been recognized in the marketplace.