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PAYCOM SOFTWARE (PAYC) Stock News

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Paycom Software, Inc. provides cloud-based human capital management software for payroll, HR management, talent acquisition, talent management, and time and labor functions. Its platform is built on a single database and uses employee-first automation to manage employment life cycle workflows for organizations in the U.S. and internationally.

Paycom news commonly covers quarterly results, recurring revenue trends, cash dividends, share repurchase activity, product releases, and updates to automation tools such as IWant, Beti, GONE, and Career and Succession Planning. Company updates also include third-party HCM software recognition, client ROI studies, executive appointments, and governance actions tied to its cloud payroll and HR software business.

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Paycom Software (PAYC) released a commissioned EY analysis estimating that organizations spend an average of $339 correcting each payroll error. The 2026 estimates are an inflation-adjusted update of survey data collected in 2022, with cost per error up nearly 20% from the earlier findings.

Respondents reported errors in 1 of 5 payrolls. Time, attendance and expense errors were the most common category, with estimated annual correction costs of $289,722 per 1,000 employees. The five most time-consuming errors collectively require nearly 29 workweeks annually per 1,000 employees to correct.

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Paycom Software (NYSE: PAYC) will release its third-quarter 2026 results after the market closes on Nov. 4, 2026. The quarter ended Sept. 30, 2026. A conference call to discuss results will begin at 5 p.m. Eastern that day, with a webcast at investors.paycom.com and an archived version available afterward.

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Oklahoma Sports Hall of Fame and the Jim Thorpe Association released the 2026 Paycom Jim Thorpe Award preseason watch list, featuring 35 defensive backs from 10 conferences and one independent university. Candidates were chosen by a screening committee based on prior NCAA Division I performance and preseason All-America recognition.

The organizations outlined the 2026 award timeline: preseason list on Aug. 12, up to 15 semifinalists on Oct. 27, three finalists on Nov. 24, the winner announced on Dec. 11 during The Home Depot College Football Awards, and the formal banquet in Oklahoma City on Feb. 9, 2027. The award has carried Paycom’s naming sponsorship since 2017.

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Paycom (NYSE: PAYC) reported second quarter 2026 total revenues of $531.2 million, up 9.8% year over year, with recurring and other revenues of $505.2 million, up 11.0% and representing 95.1% of total revenues.

GAAP net income was $107.4 million (20% of revenues), or $2.34 per diluted share, versus $1.58 a year earlier. Non-GAAP net income was $127.7 million, or $2.78 per diluted share. Adjusted EBITDA reached $235.0 million, compared with $198.3 million, a margin of about 44%. According to Paycom, these results were ahead of its expectations, and it raised its full‑year outlook.

For 2026, Paycom expects total revenue of $2.197–$2.212 billion (7–8% growth), recurring and other revenue growth of 8–9%, interest on client funds of about $105 million, and adjusted EBITDA of $1.007–$1.022 billion, implying roughly a 46% margin at the midpoint. During Q2, the company paid $17.9 million in dividends and repurchased 2.57 million shares for $345.9 million. Cash and cash equivalents were $198.0 million at June 30, 2026.

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Paycom (NYSE: PAYC) announced that its Board of Directors has declared a quarterly cash dividend of $0.375 per share of common stock. The dividend is scheduled to be paid on September 8, 2026, to shareholders of record as of August 24, 2026.

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Paycom Software (NYSE: PAYC) will release its financial results for the quarter ended Jun. 30, 2026, after the market close on Aug. 5, 2026. The company will host a conference call at 5:00 p.m. Eastern the same day, with access by phone and webcast.

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Paycom (NYSE: PAYC) announced the launch of Asset Management, a unified seating and property management tool built directly into its human capital management platform to automate the entire asset life cycle. The tool connects workspace and property details to employee roles or locations, enabling organizations to track asset ownership, support compliance, maintain audit trails and reduce lost equipment.

According to Paycom, 82% of employers report asset-management challenges and nearly 80% say these issues hurt efficiency. Asset Management replaces spreadsheets and siloed tools, automates distribution and collection of assets, maps seating on floor plans, enforces equipment return policies and can recoup uncollected asset costs through payroll with real-time dashboards.

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Paycom (NYSE: PAYC) has been named to Selling Power’s 60 Best Companies to Sell For list for the second consecutive year, recognizing its sales organization among firms with strong and elite sales programs. According to Paycom, the ranking reflects its focus on performance, training and tools for its sales professionals.

Selling Power evaluated Paycom’s Sales Academy training, benefits and performance-based incentives, including President’s Club, as well as its compensation structure, which features a $100,000 base salary, uncapped commissions and no ceiling; the company states first-year reps can earn over $330,000, and top performers have exceeded $1 million in annual compensation. Paycom notes this follows its Sales team’s fifth straight appearance in Comparably’s Best Sales Teams ranking and product recognition such as IWant™ being named a Top HR Product of 2025 and several No. 1 placements in G2’s summer 2026 reports based on client reviews.

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Paycom (NYSE: PAYC) appointed Craig Boelte and William Kerber to its board of directors, effective July 8, 2026, increasing the board from six to eight members.

Boelte is Paycom’s former CFO, while Kerber is a former Paycom CIO and current CEO of robotics firm Human Mode.

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Paycom (NYSE: PAYC) received the 2026 Top Rated Award from TrustRadius for the second straight year, based on verified customer reviews across multiple HR and payroll categories.

According to Paycom, reviewers highlight its single-database architecture, automated payroll experience and dedicated service teams as key benefits.

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FAQ

What is the current stock price of PAYCOM SOFTWARE (PAYC)?

PAYCOM SOFTWARE (PAYC) last closed at $274.59.

What is the market cap of PAYCOM SOFTWARE (PAYC)?

The market cap of PAYCOM SOFTWARE (PAYC) is approximately $12.4B.