Paycom Software (PAYC) Revenue & Revenue Breakdown
Paycom Software Revenue Highlights
Latest Revenue (Y)
$1.69B
Latest Revenue (Q)
$451.93M
Main Segment (Y)
Recurring
Paycom Software Revenue by Period
Paycom Software Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.69B | 23.16% |
| 2022-12-31 | $1.38B | 30.29% |
| 2021-12-31 | $1.06B | 25.44% |
| 2020-12-31 | $841.43M | 14.07% |
| 2019-12-31 | $737.67M | 30.25% |
| 2018-12-31 | $566.34M | 30.78% |
| 2017-12-31 | $433.05M | 31.57% |
| 2016-12-31 | $329.14M | 46.51% |
| 2015-12-31 | $224.65M | 48.85% |
| 2014-12-31 | $150.93M | 40.27% |
| 2013-12-31 | $107.60M | 40.09% |
| 2012-12-31 | $76.81M | 34.27% |
| 2011-12-31 | $57.21M | -95.84% |
| 2001-12-31 | $1.38B | - |
Paycom Software generated $1.69B in revenue during NA 2023, up 23.16% compared to the previous quarter, and up 299.06% compared to the same period a year ago.
Paycom Software Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $451.93M | 3.30% |
| 2024-06-30 | $437.51M | -12.48% |
| 2024-03-31 | $499.88M | 15.02% |
| 2023-12-31 | $434.60M | 6.96% |
| 2023-09-30 | $406.30M | 1.29% |
| 2023-06-30 | $401.14M | -11.18% |
| 2023-03-31 | $451.64M | 21.86% |
| 2022-12-31 | $370.61M | 10.91% |
| 2022-09-30 | $334.17M | 5.44% |
| 2022-06-30 | $316.92M | -10.35% |
| 2022-03-31 | $353.52M | 24.05% |
| 2021-12-31 | $284.99M | 11.24% |
| 2021-09-30 | $256.19M | 5.80% |
| 2021-06-30 | $242.15M | -11.04% |
| 2021-03-31 | $272.20M | 23.20% |
| 2020-12-31 | $220.95M | 12.42% |
| 2020-09-30 | $196.53M | 8.23% |
| 2020-06-30 | $181.59M | -25.08% |
| 2020-03-31 | $242.37M | 25.31% |
| 2019-12-31 | $193.41M | 10.52% |
| 2019-09-30 | $175.01M | 3.36% |
| 2019-06-30 | $169.31M | -15.32% |
| 2019-03-31 | $199.94M | 33.00% |
| 2018-12-31 | $150.33M | 12.79% |
| 2018-09-30 | $133.29M | 3.48% |
| 2018-06-30 | $128.80M | -16.32% |
| 2018-03-31 | $153.92M | 34.98% |
| 2017-12-31 | $114.03M | 12.58% |
| 2017-09-30 | $101.29M | 3.12% |
| 2017-06-30 | $98.23M | -17.81% |
| 2017-03-31 | $119.51M | 36.10% |
| 2016-12-31 | $87.81M | 13.56% |
| 2016-09-30 | $77.33M | 4.66% |
| 2016-06-30 | $73.88M | -18.03% |
| 2016-03-31 | $90.13M | 38.40% |
| 2015-12-31 | $65.12M | 17.67% |
| 2015-09-30 | $55.34M | 13.00% |
| 2015-06-30 | $48.97M | -11.32% |
| 2015-03-31 | $55.22M | 25.39% |
| 2014-12-31 | $44.04M | 20.33% |
| 2014-09-30 | $36.60M | 9.88% |
| 2014-06-30 | $33.31M | -9.95% |
| 2014-03-31 | $36.98M | 22.14% |
| 2013-12-31 | $30.28M | 17.23% |
| 2013-09-30 | $25.83M | 8.01% |
| 2013-06-30 | $23.91M | -13.28% |
| 2013-03-31 | $27.58M | - |
Paycom Software generated $451.93M in revenue during Q3 2024, up 3.30% compared to the previous quarter, and up 112.66% compared to the same period a year ago.
Paycom Software Revenue Breakdown
Paycom Software Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Implementation And Other | $28.70M | $23.36M | $18.83M | $15.58M | $13.24M |
| Recurring | $1.66B | $1.35B | $1.04B | $825.86M | $724.43M |
Paycom Software's latest annual revenue breakdown by segment (product or service), as of Dec 23: Recurring (98.31%), and Implementation And Other (1.69%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Recurring | $445.00M | $430.40M | $491.90M | $427.27M | $398.76M | $394.52M | $444.42M | $364.01M | $328.15M | $311.53M | $348.16M | $280.03M | $251.31M | $237.59M | $267.77M | $216.75M | $192.66M | $177.95M | $238.50M | $190.16M |
| Implementation And Other | $6.93M | $7.11M | $7.99M | $7.33M | $7.54M | $6.62M | $7.22M | $6.60M | $6.02M | $5.39M | $5.36M | $4.96M | $4.89M | $4.56M | $4.42M | $4.20M | $3.87M | $3.64M | $3.87M | $3.25M |
Paycom Software's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Recurring (98.47%), and Implementation And Other (1.53%).
Paycom Software Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CRM | Salesforce | $34.86B | $9.32B |
| INTU | Intuit | $16.29B | $6.74B |
| NOW | ServiceNow | $8.97B | $2.80B |
| WDAY | Workday | $7.26B | $2.08B |
| SHOP | Shopify | $7.06B | $1.86B |
| TEAM | Atlassian | $4.36B | $1.19B |
| SNOW | Snowflake | $2.81B | $868.82M |
| U | Unity Software | $2.19B | $449.26M |
| HUBS | HubSpot | $2.17B | $617.41M |
| DDOG | Datadog | $2.13B | $645.28M |
| TTD | Trade Desk | $1.95B | $584.55M |
| PAYC | Paycom Software | $1.69B | $451.93M |
PAYC Revenue FAQ
What is Paycom Software’s yearly revenue?
Paycom Software's yearly revenue for 2023 was $1.69B, representing an increase of 23.16% compared to 2022. The company's yearly revenue for 2022 was $1.38B, representing an increase of 30.29% compared to 2021. PAYC's yearly revenue for 2021 was $1.06B, representing an increase of 25.44% compared to 2020.
What is Paycom Software’s quarterly revenue?
Paycom Software's quarterly revenue for Q3 2024 was $451.93M, a 3.30% increase from the previous quarter (Q2 2024), and a 11.23% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $437.51M, a -12.48% decrease from the previous quarter (Q1 2024), and a 9.07% increase year-over-year (Q2 2023). PAYC's quarterly revenue for Q1 2024 was $499.88M, a 15.02% increase from the previous quarter (Q4 2023), and a 10.68% increase year-over-year (Q1 2023).
What is Paycom Software’s revenue growth rate?
Paycom Software's revenue growth rate for the last 3 years (2021-2023) was 60.46%, and for the last 5 years (2019-2023) was 129.60%.
What are Paycom Software’s revenue streams?
Paycom Software's revenue streams in c 23 are Implementation And Other, and Recurring. Implementation And Other generated $28.7M in revenue, accounting 1.69% of the company's total revenue, up 22.84% year-over-year. Recurring generated $1.66B in revenue, accounting 98.31% of the company's total revenue, up 23.16% year-over-year.
What is Paycom Software’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Paycom Software was Recurring. This segment made a revenue of $1.66B, representing 98.31% of the company's total revenue.