Welcome to our dedicated page for Paycom Software SEC filings (Ticker: PAYC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Paycom Software, Inc. filings document the reporting record of a public cloud human capital management software company. Its 8-K disclosures cover operating results, financial condition, dividends, stock repurchase authorizations, material credit agreements, and other corporate events involving Paycom and its wholly owned subsidiary Paycom Payroll, LLC.
Paycom's proxy and annual meeting filings describe board elections, director resignations, advisory executive compensation votes, auditor ratification, and shareholder voting results. The filing record also addresses capital allocation, revolving credit facility terms, common stock matters, and governance actions tied to its payroll, HR, talent, and workforce management software platform.
TURNEY SHAREN J reported acquisition or exercise transactions in this Form 4 filing.
Paycom Software, Inc. director Sharen J. Turney received a grant of 1,890 shares of restricted common stock on May 4, 2026 under the company’s 2023 Long-Term Incentive Plan. This is a stock-based compensation award, not an open-market purchase.
After the grant, Turney directly holds 5,992 shares of Paycom common stock, which includes 2,989 unvested restricted shares that will typically vest over time, aligning her interests with other shareholders.
PETERS FREDERICK C II reported acquisition or exercise transactions in this Form 4 filing.
Paycom Software, Inc. director Frederick C. Peters II received a grant of 1,890 shares of common stock as restricted stock under the Paycom Software, Inc. 2023 Long-Term Incentive Plan. After this award, he directly holds 17,772 shares of common stock, including 2,989 unvested restricted shares.
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. Schedule 13G shows BlackRock, Inc. beneficially owns 5,763,274 shares of common stock, representing 10.6% of the class as reported for the period ending 03/31/2026. The filing lists sole voting power of 5,612,689 shares and sole dispositive power of 5,763,274 shares.
Paycom Software, Inc. is asking stockholders to vote at its May 4, 2026 annual meeting on three items: electing two Class I directors (Sharen J. Turney and J.C. Watts, Jr.), ratifying Grant Thornton LLP as auditor for 2026, and approving on an advisory basis executive compensation. The Board recommends voting FOR each proposal.
The proxy describes 2025 as a strong year, with total revenue of $2.05 billion, up 9% year over year, recurring and other revenue of $1.94 billion up 10%, and adjusted EBITDA of $882 million, a 43% margin. Paycom returned capital through $85 million in dividends and repurchased over 1.7 million shares, while revenue retention improved to 91%. The Board highlights a fully independent committee structure, a lead independent director, majority voting for directors, stock ownership guidelines (6x salary for the CEO, 3x for other executives, 5x cash fees for non‑employee directors), and enhanced oversight of cybersecurity, AI and sustainability. Executive pay remains heavily performance-based, with the CEO’s 2025 target compensation of $19.7 million more than 95% at risk and at least half of continuing executives’ equity granted as performance-based units tied to revenue.
The Vanguard Group amended its Schedule 13G/A to report zero beneficial ownership of Paycom Software Inc. common stock. The filing states that following an internal realignment effective January 12, 2026, certain subsidiaries and business divisions will report ownership separately in reliance on SEC Release No. 34-39538, and The Vanguard Group, Inc. no longer is deemed to have beneficial ownership of securities held by those entities. The amendment shows Amount beneficially owned: 0 and Percent of class: 0%. The form is signed by Ashley Grim as Head of Global Fund Administration on 03/27/2026.
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.