Paylocity (PCTY) Revenue & Revenue Breakdown


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Paylocity Revenue Highlights


Latest Revenue (Y)

$1.40B

Latest Revenue (Q)

$401.28M

Main Segment (Y)

Recurring Fees

Paylocity Revenue by Period


Paylocity Revenue by Year

DateRevenueChange
2024-06-30$1.40B19.40%
2023-06-30$1.17B37.76%
2022-06-30$852.65M34.14%
2021-06-30$635.63M13.24%
2020-06-30$561.33M20.04%
2019-06-30$467.63M23.87%
2018-06-30$377.53M25.84%
2017-06-30$300.01M30.04%
2016-06-30$230.70M51.08%
2015-06-30$152.70M40.49%
2014-06-30$108.69M40.62%
2013-06-30$77.29M40.29%
2012-06-30$55.10M39.54%
2011-06-30$39.48M-

Paylocity generated $1.40B in revenue during NA 2024, up 19.40% compared to the previous quarter, and up 299.92% compared to the same period a year ago.

Paylocity Revenue by Quarter

DateRevenueChange
2024-03-31$401.28M22.96%
2023-12-31$326.36M2.76%
2023-09-30$317.59M2.96%
2023-06-30$308.45M-9.24%
2023-03-31$339.86M24.49%
2022-12-31$273.01M7.79%
2022-09-30$253.28M10.63%
2022-06-30$228.95M-6.92%
2022-03-31$245.97M25.47%
2021-12-31$196.04M7.89%
2021-09-30$181.70M8.51%
2021-06-30$167.45M-10.00%
2021-03-31$186.05M27.15%
2020-12-31$146.33M7.76%
2020-09-30$135.79M3.99%
2020-06-30$130.59M-23.92%
2020-03-31$171.65M29.67%
2019-12-31$132.37M4.46%
2019-09-30$126.72M5.27%
2019-06-30$120.37M-13.74%
2019-03-31$139.55M30.17%
2018-12-31$107.20M6.67%
2018-09-30$100.50M4.02%
2018-06-30$96.62M-14.81%
2018-03-31$113.41M31.86%
2017-12-31$86.00M5.53%
2017-09-30$81.50M7.15%
2017-06-30$76.06M-15.74%
2017-03-31$90.27M31.49%
2016-12-31$68.65M5.59%
2016-09-30$65.02M8.66%
2016-06-30$59.84M-15.21%
2016-03-31$70.57M27.88%
2015-12-31$55.18M22.34%
2015-09-30$45.11M12.76%
2015-06-30$40.00M-15.37%
2015-03-31$47.27M37.77%
2014-12-31$34.31M10.30%
2014-09-30$31.11M8.59%
2014-06-30$28.65M-15.16%
2014-03-31$33.77M41.25%
2013-12-31$23.91M6.87%
2013-09-30$22.37M10.40%
2013-06-30$20.26M-15.60%
2013-03-31$24.01M-

Paylocity generated $401.28M in revenue during Q3 2024, up 22.96% compared to the previous quarter, and up 146.99% compared to the same period a year ago.

Paylocity Revenue Breakdown


Paylocity Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceJun 24Jun 23Jun 22Jun 21Jun 20
Recurring Fees$1.23B$1.06B$818.14M$609.66M$526.27M
Nonrecurring Fees$54.53M$41.23M$29.56M$22.07M$19.95M

Paylocity's latest annual revenue breakdown by segment (product or service), as of Jun 24: Recurring Fees (95.75%), and Nonrecurring Fees (4.25%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Recurring Fees$310.09M$352.02M$285.14M$279.90M$269.87M$302.60M$247.52M$236.82M$218.62M$236.66M$188.16M$160.79M$178.71M$140.46M$129.69M$123.66M$161.27M$123.56M$117.78M-
Implementation Services and Other-$14.81M$17.20M$18.70M$11.57M$8.91M$8.59M$8.30M$6.88M-----------
Implementation services and other-----------$6.13M--------
Recurring fees-----------$174.70M--------
Nonrecurring Fees------------$5.74M$6.22M$4.93M$5.18M$5.60M$5.83M$4.42M$4.10M

Paylocity's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Recurring Fees (100.00%).

Paylocity Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NOWServiceNow$8.97B$2.63B
SSNCSS&C Technologies$5.50B$1.45B
TEAMAtlassian$4.36B$1.19B
HUBSHubSpot$2.17B$617.41M
DDOGDatadog$2.13B$645.28M
TYLTyler$1.95B$540.98M
TTDTrade Desk$1.95B$584.55M
PCTYPaylocity$1.40B$401.28M
BSYBentley Systems$1.23B$330.34M
AZPNAspen$1.13B$278.11M
BLKBBlackbaud$1.11B$287.29M
PWSCPowerSchool$697.65M$191.59M
PYCRPaycor HCM$654.95M$187.02M
CWANClearwater Analytics$368.17M$106.79M
PROPROS$303.71M$82.01M
MLNKMeridianLink$303.62M$78.68M
ALKTAlkami$264.83M$82.16M
ENFNEnfusion$174.53M$49.45M

PCTY Revenue FAQ


Paylocity's yearly revenue for 2024 was $1.4B, representing an increase of 19.40% compared to 2023. The company's yearly revenue for 2023 was $1.17B, representing an increase of 37.76% compared to 2022. PCTY's yearly revenue for 2022 was $852.65M, representing an increase of 34.14% compared to 2021.

Paylocity's quarterly revenue for Q3 2024 was $401.28M, a 22.96% increase from the previous quarter (Q2 2024), and a 18.07% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $326.36M, a 2.76% increase from the previous quarter (Q1 2024), and a 19.54% increase year-over-year (Q2 2023). PCTY's quarterly revenue for Q1 2024 was $317.59M, a 2.96% increase from the previous quarter (Q4 2023), and a 25.39% increase year-over-year (Q1 2023).

Paylocity's revenue growth rate for the last 3 years (2022-2024) was 64.49%, and for the last 5 years (2020-2024) was 149.86%.

Paylocity's revenue streams in n 24 are Recurring Fees, and Nonrecurring Fees. Recurring Fees generated $1.23B in revenue, accounting 95.75% of the company's total revenue, up 16.12% year-over-year. Nonrecurring Fees generated $54.53M in revenue, accounting 4.25% of the company's total revenue, up 32.26% year-over-year.

For the fiscal year ending Jun 24, the largest source of revenue of Paylocity was Recurring Fees. This segment made a revenue of $1.23B, representing 95.75% of the company's total revenue.