Paycom reported strong Q4 growth with a 13.63% YoY increase in revenue, driven by recurring revenue growth. Net income rose 38.89% YoY, and operating margin improved by 3.7 percentage points.
Paycom reported solid Q3 2024 results, demonstrating continued growth in revenue and earnings per share. The company's strategic investments and focus on innovation contributed to its success.
Paycom reported a 9% increase in revenue for Q2 2024, reaching $438 million. GAAP net income was $68 million, and adjusted EBITDA was $160 million. The company's outside sales team delivered solid performance with robust new logo additions.
Paycom's first quarter 2024 results showed a revenue increase of 10.7% to $499.9 million. GAAP net income was $247.2 million, or $4.37 per diluted share, while non-GAAP net income was $146.6 million, or $2.59 per diluted share. Adjusted EBITDA was $229.5 million.
Paycom Software, Inc. reported Q4 2023 revenues of $434.6 million, a 17.3% increase year-over-year. GAAP net income was $81.8 million, or $1.43 per diluted share, while adjusted EBITDA reached $176.6 million.
Paycom Software, Inc. reported a revenue of $406.3 million for the third quarter of 2023, representing a 21.6% increase compared to the same period last year. GAAP net income was $75.2 million, or $1.30 per diluted share, while non-GAAP net income was $102.4 million, or $1.77 per diluted share. Adjusted EBITDA was $165.6 million.
Paycom Software, Inc. announced its financial results for the quarter ended June 30, 2023, with total revenues of $401 million, a 27% increase from the prior year period. GAAP net income was $65 million, or $1.11 per diluted share, while non-GAAP net income was $94 million, or $1.62 per diluted share. Adjusted EBITDA was $157 million, representing 39% of total revenues.
Paycom Software, Inc. reported strong financial results for the first quarter of 2023. Total revenues reached $451.6 million, a 27.8% increase compared to the same period last year. GAAP net income was $119.3 million, or $2.06 per diluted share, while non-GAAP net income was $142.7 million, or $2.46 per diluted share. Adjusted EBITDA was $220.5 million, representing 49% of total revenues.
Paycom Software, Inc. reported Q4 2022 revenues of $370.6 million, a 30% increase year-over-year. GAAP net income was $80.0 million, or $1.38 per diluted share, while adjusted EBITDA was $163.9 million.
Paycom Software, Inc. reported strong third-quarter results with a 30% increase in total revenues to $334 million. GAAP net income was $52 million, or $0.90 per diluted share, while non-GAAP net income was $73 million, or $1.27 per diluted share. Adjusted EBITDA reached $126 million, representing 38% of total revenues.
Paycom reported strong second-quarter results, with total revenues of $317 million, a 31% increase year-over-year. GAAP net income was $57 million, or $0.99 per diluted share, while non-GAAP net income reached $73 million, or $1.26 per diluted share. Adjusted EBITDA was $120 million, representing 38% of total revenues.
Paycom Software, Inc. announced its financial results for the quarter ended March 31, 2022, with total revenues of $353.5 million, a 29.9% increase compared to the same period last year. GAAP Net Income was $91.9 million, or $1.58 per diluted share, while Non-GAAP Net Income was $110.6 million, or $1.90 per diluted share. Adjusted EBITDA was $170.1 million.
Paycom's Q4 2021 revenues reached $285.0 million, a 29.0% increase year-over-year. GAAP net income was $48.7 million, or $0.84 per diluted share, and adjusted EBITDA was $109.6 million.
Paycom reported strong third-quarter results with total revenues of $256.2 million, a 30.4% increase year-over-year. GAAP net income was $30.4 million, or $0.52 per diluted share, while non-GAAP net income was $53.6 million, or $0.92 per diluted share. Adjusted EBITDA was $89.7 million, representing 35.0% of total revenues.
Paycom Software, Inc. reported a strong second quarter with revenues of $242.1 million, a 33.3% increase year-over-year. GAAP net income was $52.3 million, or $0.90 per diluted share, while non-GAAP net income was $56.5 million, or $0.97 per diluted share. Adjusted EBITDA was $87.0 million, representing 35.9% of total revenues.
Paycom Software, Inc. reported financial results for the quarter ended March 31, 2021, with total revenues of $272.2 million, a 12.3% increase compared to the same period last year. GAAP net income was $64.6 million, or $1.11 per diluted share, while non-GAAP net income was $85.9 million, or $1.47 per diluted share. Adjusted EBITDA was $133.0 million.
Paycom's Q4 2020 results showed strong revenue growth, driven by its differentiated employee usage strategy. The company is well-positioned to reach $1 billion in revenue in 2021.
Paycom's Q3 2020 revenues reached $196.5 million, a 12.3% increase year-over-year. GAAP net income was $27.5 million, or $0.47 per diluted share, while non-GAAP net income was $40.6 million, or $0.70 per diluted share. Adjusted EBITDA was $67.5 million, representing 34.3% of total revenues.
Paycom reported a 7% increase in total revenues to $181.6 million for the second quarter of 2020. GAAP net income was $28.6 million, or $0.49 per diluted share, while non-GAAP net income was $35.9 million, or $0.62 per diluted share. Adjusted EBITDA was $61.2 million, representing 33.7% of total revenues.
Paycom Software, Inc. reported first quarter revenues of $242.4 million, a 21% increase year-over-year. GAAP net income was $63.0 million, or $1.08 per diluted share, while adjusted EBITDA was $117.9 million, or 49% of total revenues.
Paycom's Q4 2019 revenues reached $193.4 million, a 29% increase year-over-year. GAAP net income was $45.4 million, or $0.78 per diluted share, while adjusted EBITDA was $78.6 million. The company's annual revenue retention rate increased to 93%.