Paycom Software, Inc. (PAYC) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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PAYC Revenue Growth
Revenue Breakdown (FY 2024)
PAYC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
PAYC Revenue Analysis (2013–2024)
As of May 6, 2026, Paycom Software, Inc. (PAYC) generated trailing twelve-month (TTM) revenue of $2.00 billion, reflecting solid growth of +9.2% year-over-year. The most recent quarter (Q3 2025) recorded $493.3 million in revenue, up 2.0% sequentially.
Looking at the longer-term picture, PAYC's 5-year compound annual growth rate (CAGR) stands at +20.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.88 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows PAYC's business is primarily driven by Recurring (99%), and Implementation And Other (1%). With over half of revenue concentrated in Recurring, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including PAYX (+12.4% YoY), ADP (+6.9% YoY), and PCTY (+15.6% YoY), PAYC has underperformed the peer group in terms of revenue growth. Compare PAYC vs PAYX →
PAYC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PAYCCurrent | $2.0B | +9.2% | +20.6% | 33.7% | |
 PAYX | $5.6B | +12.4% | +6.6% | 39.6% | |
 ADP | $20.6B | +6.9% | +7.1% | 26.3% | |
 PCTY | $1.6B | +15.6% | +23.2% | 19.1% | |
 ISRG | $10.1B | +21.4% | +18.2% | 29.3% | |
 WK | $885M | +20.3% | +20.3% | -4.8% |
PAYC Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.88B | +11.2% | $1.55B | 82.2% | $634.3M | 33.7% |
| 2023 | $1.69B | +23.2% | $1.42B | 83.7% | $451.3M | 26.6% |
| 2022 | $1.38B | +30.3% | $1.16B | 84.5% | $378.7M | 27.5% |
| 2021 | $1.06B | +25.4% | $893.6M | 84.7% | $253.6M | 24.0% |
| 2020 | $841.4M | +14.1% | $717.9M | 85.3% | $186.1M | 22.1% |
| 2019 | $737.7M | +30.3% | $627.9M | 85.1% | $226.2M | 30.7% |
| 2018 | $566.3M | +30.8% | $475.6M | 84.0% | $173.7M | 30.7% |
| 2017 | $433.0M | +31.6% | $361.0M | 83.4% | $129.7M | 30.0% |
| 2016 | $329.1M | +46.5% | $275.1M | 83.6% | $101.7M | 30.9% |
| 2015 | $224.7M | +48.8% | $189.2M | 84.2% | $34.4M | 15.3% |
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Start ComparisonPAYC — Frequently Asked Questions
Quick answers to the most common questions about buying PAYC stock.
Is PAYC's revenue growth accelerating or slowing?
PAYC maintains +9.2% revenue growth, in line with its 5-year CAGR of +20.6%. TTM revenue stands at $2.0B. Growth rate remains consistent with historical average.
What is PAYC's long-term revenue growth rate?
Paycom Software, Inc.'s 5-year revenue CAGR of +20.6% reflects the sustained expansion pattern. Current YoY growth of +9.2% is near this long-term average.
How is PAYC's revenue distributed by segment?
PAYC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.