Every 8-K that Paycom Software Inc (PAYC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PAYC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PAYC filings page.
Paycom Software, Inc. reported solid results for the quarter ended June 30, 2026. Total revenues were $531.2 million, a 9.8% increase from $483.6 million a year earlier, with recurring and other revenues of $505.2 million, or 95.1% of total, up 11.0%.
GAAP net income was $107.4 million, a 20.2% net margin, or $2.34 per diluted share, compared with $89.5 million, or $1.58 per diluted share, in the prior-year quarter. Non-GAAP net income was $127.7 million, or $2.78 per diluted share. Adjusted EBITDA reached $235.0 million, with a 44.2% margin.
For the first half of 2026, free cash flow was $372.7 million, a 33.8% margin. As of June 30, 2026, cash and cash equivalents were $198.0 million and long-term debt was $900.0 million. During the quarter, the company repurchased 2,570,072 shares for $345.9 million and paid $17.9 million in dividends. For full-year 2026, management expects total revenue of $2.197–$2.212 billion (7–8% growth) and adjusted EBITDA of $1.007–$1.022 billion, implying an adjusted EBITDA margin of approximately 46% at the midpoint.
Paycom Software, Inc. reported that its Board of Directors declared a regular quarterly cash dividend of $0.375 per share on its common stock. The dividend will be paid on September 8, 2026 to stockholders of record at the close of business on August 24, 2026.
The announcement reiterates Paycom’s practice of returning cash to shareholders through regular dividends while continuing to operate as a provider of cloud-based human capital management software in the U.S. and internationally.
Paycom Software, Inc. expanded its board of directors from six to eight members, appointing former executives Craig E. Boelte and William Kerber effective July 8, 2026. Boelte joins as a Class I director and previously served as Paycom’s chief financial officer for nearly 20 years.
Kerber joins as a Class III director and was Paycom’s chief information officer from 2007 to 2017. He was also appointed to the board’s audit committee. Both new directors will receive the company’s standard non-employee director compensation, and the company states there are no related-party transactions requiring disclosure.
Paycom Software, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 4, 2026. A total of 40,329,302.78 common shares were represented in person or by proxy.
Stockholders elected Class I directors Sharen J. Turney and J.C. Watts, Jr. to serve until the 2029 annual meeting, with Turney receiving 22,025,798.98 votes for and Watts receiving 25,772,682.13 votes for. Stockholders also ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026, with 40,006,177.47 votes for. In an advisory vote, stockholders approved the compensation of the Company’s named executive officers, with 21,125,671.91 votes for and 13,610,087.13 votes against.
Paycom Software, Inc. reported first-quarter 2026 revenue of $571.9 million, up 7.8% from $530.5 million a year earlier, driven by recurring and other revenue of $544.0 million, which made up 95.1% of the total.
GAAP net income rose to $155.7 million, or $3.04 per diluted share, compared with $139.4 million, or $2.48 per diluted share, and represented a 27.2% net margin. Non-GAAP net income was $161.3 million, or $3.15 per diluted share. Adjusted EBITDA reached $275.4 million, a 48.2% margin.
Free cash flow increased to $182.7 million with a 31.9% margin. During the quarter, Paycom paid $17.7 million in dividends and repurchased 8.38 million shares for $1.06 billion, funded in part by $675.0 million of new long-term debt, which contributed to cash and cash equivalents declining to $153.9 million as of March 31, 2026. The company guided full-year 2026 revenue to $2.175–$2.195 billion, implying 6–7% growth and an adjusted EBITDA range of $950–$970 million, or about a 44% margin at the midpoint.
Paycom Software, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.375 per share of common stock. The dividend will be paid on June 8, 2026, to stockholders of record as of May 26, 2026.
The Board also approved a new stock repurchase plan authorizing the Company to buy back up to $2.0 billion of its common stock. Repurchases may occur over time through open market purchases, privately negotiated transactions, accelerated share repurchases or Rule 10b5-1 programs, and the plan has no expiration date.
Paycom Software, Inc. entered into an Amended and Restated Credit Agreement providing a senior secured revolving credit facility of up to $2.125 billion, replacing its prior 2022 agreement. The facility matures on April 23, 2031 and is secured by a senior security interest in all personal property of the loan parties.
The agreement allows Paycom to request up to an additional $750.0 million of incremental commitments, subject to lender approvals and conditions. Borrowings bear interest at either an Alternate Base Rate or SOFR plus a margin that steps up with higher Consolidated Leverage Ratios, and undrawn commitments are subject to a quarterly commitment fee tied to the same ratio grid.
Proceeds may be used for working capital and general corporate purposes, including permitted acquisitions and share repurchases. As of April 23, 2026, approximately $675 million was outstanding under the facility. The agreement includes financial maintenance covenants requiring a maximum Consolidated Leverage Ratio of 3.50 to 1.00 and a minimum Consolidated Interest Coverage Ratio of 3.00 to 1.00, along with customary negative covenants and events of default that can trigger acceleration and a 2.0% default interest step-up.
Paycom Software, Inc. reported that director Archana Vemulapalli has resigned from its Board of Directors and all related committees, effective March 31, 2026. The company stated that her resignation is to pursue other professional opportunities and is not related to any disagreement over operations, policies or practices.
Following her departure, the size of Paycom’s Board will be reduced from seven to six directors, indicating the company does not plan to immediately fill the vacant seat.
Paycom Software, Inc. expanded its borrowing capacity as its subsidiary Paycom Payroll, LLC entered into an Increasing Lender Supplement on March 12, 2026. This raised total lender commitments under the existing Credit Agreement by $461.6 million, bringing the senior secured revolving credit facility to $1.46 billion.
The underlying Credit Agreement’s other material terms remain unchanged. As of March 12, 2026, Paycom had borrowed approximately $675.0 million under this revolving facility, meaning a significant portion of the expanded line remains available for future liquidity needs.
Paycom Software, Inc. announced that its Board of Directors has authorized the company to repurchase up to an additional $200 million of its common stock under its stock repurchase plan. This follows the completion of approximately $1.45 billion of aggregate share repurchases since the plan was authorized in July 2024.
The company may buy back shares through open market purchases at prevailing prices, privately negotiated deals, including accelerated share repurchases, or other methods consistent with federal securities laws, including Rule 10b5-1 programs. A Board committee will decide the timing, number, and value of shares repurchased based on the stock price, market and economic conditions, and other corporate considerations.
The stock repurchase plan is scheduled to expire on August 15, 2026. The company states it may fund these buybacks using cash and/or borrowings under its senior secured revolving credit facility, and it notes that the plan can be suspended or discontinued at any time.
Paycom Software, Inc. appointed longtime executive Shane Hadlock as president and chief client officer, making him the company’s sole principal operating officer. Chief Operating Officer Randy Peck will report to Hadlock, while founder Chad Richison remains chief executive officer and chairman.
Hadlock’s annual base salary was increased to $700,000 in connection with the promotion. The board also approved amended and restated bylaws that update the description of the president’s role and revise the definition of “Principal Competitor” used in advance notice provisions, giving the board discretion to determine principal competitors in good faith.
Paycom Software, Inc. announced that its Board of Directors appointed Shane Hadlock as President, with the title President and Chief Client Officer. He will serve as the company’s sole principal operating officer, and the Chief Operating Officer, Randy Peck, will report to him. Chad Richison remains Chief Executive Officer and Chairman of the Board. In connection with the promotion, Hadlock’s annual base salary was increased to $700,000.
The company also approved amended and restated bylaws. The revisions update the description of the President’s role so that the President’s duties can be assigned and directed by either the Board or the Chief Executive Officer. The bylaws further revise the definition of “Principal Competitor” used in advance notice provisions, now tying it to entities the Board determines, in good faith, compete with or provide alternatives to Paycom’s principal products or services.
Paycom Software, Inc. reported steady growth for the fourth quarter and full year 2025. Fourth quarter total revenues reached $544.3 million, up 10.2% from $493.8 million a year earlier, with recurring and other revenues of $517.1 million making up 95.0% of the total. Quarterly GAAP net income was $113.8 million, or $2.07 per diluted share, essentially flat versus $113.6 million, or $2.02 per diluted share, last year. Adjusted EBITDA for the quarter rose to $236.3 million from $214.9 million.
For full year 2025, total revenues were $2,051.7 million, a 9.0% increase from $1,883.2 million. GAAP net income declined to $453.4 million (22.1% margin) from $502.0 million, while non-GAAP net income increased to $518.6 million and adjusted EBITDA rose to $882.3 million, representing a 43.0% margin. The company ended 2025 with $370.0 million in cash and cash equivalents and no total debt, after paying $84.8 million in annual dividends and repurchasing common stock. Management highlighted a 91% annual revenue retention rate, client growth and the launch of its AI solution IWant™, and issued 2026 guidance for revenues between $2.175 billion and $2.195 billion and adjusted EBITDA between $950 million and $970 million.
Paycom Software, Inc. reported that its Board of Directors has declared a regular quarterly cash dividend of $0.375 per share of common stock. The dividend will be paid on March 23, 2026 to stockholders who are on record as of the close of business on March 9, 2026. This continues Paycom’s practice of returning cash to shareholders through recurring quarterly dividends.
Paycom Software, Inc. appointed Jeff York as Chief Sales Officer, effective January 23, 2026, returning him to the role he held from 2007 to April 2021. He succeeds Amy Walker, who moved to a consulting position on January 20, 2026.
Under a 12‑month Consulting Agreement starting January 23, 2026, Ms. Walker will provide client success and general business consulting to a Paycom subsidiary and receive $46,920.86 per month. The agreement includes confidentiality and non‑competition provisions during the term and for 12 months after, and allows Paycom to terminate for specified breaches, with reimbursement of fees in that case.
In a separate Release Agreement, Ms. Walker agreed to cancel certain unvested equity awards and release claims. As consideration, the Company accelerated vesting of 2,952 shares of time‑based restricted stock and 2,796 restricted stock units previously granted to her. The company also issued a press release about Mr. York’s appointment, furnished as an exhibit.
Paycom Software (PAYC) furnished an update on its financial results, stating it issued a press release for the quarter ended September 30, 2025. The company plans to discuss these results on a conference call at 5:00 PM Eastern Time on Wednesday, November 5, 2025.
The press release is included as Exhibit 99.1 and incorporated by reference. Information provided under Item 2.02 is furnished and is not deemed “filed” for purposes of Section 18 of the Exchange Act.
Paycom Software, Inc. announced a regular quarterly cash dividend of $0.375 per share of common stock. The dividend is payable on December 8, 2025 to stockholders of record as of the close of business on November 24, 2025.
This routine dividend declaration provides a scheduled cash return to shareholders and sets clear record and payment dates for eligibility and distribution.
Paycom Software, Inc. reported that director Felicia Williams has notified the Board of her retirement from the Board and all its committees, effective September 30, 2025. At that time, the Board size will be reduced from eight to seven directors, reflecting her departure.
The company stated that Ms. Williams’s retirement is not due to any disagreement with Paycom on operations, policies, or practices. Following her retirement, Frederick C. Peters II will become chairperson of the Board’s audit committee, providing continuity in this key oversight role.
Paycom Software reported several executive compensation and transition arrangements. Effective August 18, 2025, Mr. Peck and Mr. Hadlock will share the principal operating officer responsibilities. Ms. Gannon's continued employment provides an annual base salary of $525,000 and eligibility for a $200,000 cash bonus for 2025 payable in quarterly installments, with two payments remaining for 2025. Beginning in 2026 she will be eligible for annual bonuses under the AIP and for equity awards under the 2023 LTIP under the company’s normal grant cycle.
The company also detailed Mr. Smith's transition: upon execution of a release, the company will accelerate vesting of 7,000 restricted shares and 5,393 restricted stock units; it will cancel 19,000 unvested restricted shares and 7,901 unvested restricted stock units. Performance-based restricted stock units for Mr. Smith remain outstanding and may vest per their terms.