​

Paycom Software (PAYC) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$1.69B23.16%
2022-12-31$1.38B30.29%
2021-12-31$1.06B25.44%
2020-12-31$841.43M14.07%
2019-12-31$737.67M30.25%
2018-12-31$566.34M30.78%
2017-12-31$433.05M31.57%
2016-12-31$329.14M46.51%
2015-12-31$224.65M48.85%
2014-12-31$150.93M40.27%
2013-12-31$107.60M40.09%
2012-12-31$76.81M34.27%
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

DateRevenueChange
2024-09-30$451.93M3.30%
2024-06-30$437.51M-12.48%
2024-03-31$499.88M15.02%
2023-12-31$434.60M6.96%
2023-09-30$406.30M1.29%
2023-06-30$401.14M-11.18%
2023-03-31$451.64M21.86%
2022-12-31$370.61M10.91%
2022-09-30$334.17M5.44%
2022-06-30$316.92M-10.35%
2022-03-31$353.52M24.05%
2021-12-31$284.99M11.24%
2021-09-30$256.19M5.80%
2021-06-30$242.15M-11.04%
2021-03-31$272.20M23.20%
2020-12-31$220.95M12.42%
2020-09-30$196.53M8.23%
2020-06-30$181.59M-25.08%
2020-03-31$242.37M25.31%
2019-12-31$193.41M10.52%
2019-09-30$175.01M3.36%
2019-06-30$169.31M-15.32%
2019-03-31$199.94M33.00%
2018-12-31$150.33M12.79%
2018-09-30$133.29M3.48%
2018-06-30$128.80M-16.32%
2018-03-31$153.92M34.98%
2017-12-31$114.03M12.58%
2017-09-30$101.29M3.12%
2017-06-30$98.23M-17.81%
2017-03-31$119.51M36.10%
2016-12-31$87.81M13.56%
2016-09-30$77.33M4.66%
2016-06-30$73.88M-18.03%
2016-03-31$90.13M38.40%
2015-12-31$65.12M17.67%
2015-09-30$55.34M13.00%
2015-06-30$48.97M-11.32%
2015-03-31$55.22M25.39%
2014-12-31$44.04M20.33%
2014-09-30$36.60M9.88%
2014-06-30$33.31M-9.95%
2014-03-31$36.98M22.14%
2013-12-31$30.28M17.23%
2013-09-30$25.83M8.01%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
CRMSalesforce$34.86B$9.44B
INTUIntuit$16.29B$3.28B
NOWServiceNow$8.97B$2.80B
WDAYWorkday$7.26B$2.17B
SHOPShopify$7.06B$1.86B
TEAMAtlassian$4.36B$1.19B
SNOWSnowflake$2.81B$942.09M
UUnity Software$2.19B$446.52M
HUBSHubSpot$2.17B$669.72M
DDOGDatadog$2.13B$690.02M
TTDTrade Desk$1.95B$628.02M
PAYCPaycom 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.