Paylocity Holding Corporation reported a strong second quarter for fiscal year 2026, with total revenue increasing by 10.4% year-over-year to $416.1 million and net income reaching $50.2 million. The company also demonstrated continued growth in cash flows and repurchased $100 million in shares.
Recurring & Other Revenue increased by 11.3% year-over-year to $387.0 million.
Total Revenue grew by 10.4% year-over-year to $416.1 million.
Net cash provided by operating activities for the trailing twelve months was $476.0 million, representing a 28.3% margin.
The company repurchased $100 million or 690,000 shares in Q2 2026.
Paylocity provided optimistic guidance for the third quarter and full fiscal year 2026, anticipating continued revenue growth and strong Adjusted EBITDA.
Analyze how earnings announcements historically affect stock price performance