TTM
79.7%
YoY change
−3.64pp
Trough year (2011)
76.8%
Peak year (2020)
85.3%
Latest annual
78.6%
Gross Margin history chart for Paycom Software (PAYC) from 2011 to 2025
Latest: 78.6%
Gross Margin change chart for Paycom Software (PAYC) from 2011 to 2025
Latest: −3.64pp
Gross Margin history table for Paycom Software (PAYC) from 2011 to 2025
| 2025 | 78.6% | -3.64pp | ||
| 2024 | 82.2% | -1.45pp | ||
| 2023 | 83.7% | -0.85pp | ||
| 2022 | 84.5% | -0.13pp | ||
| 2021 | 84.7% | -0.65pp | ||
| 2020 | 85.3% | +0.19pp | ||
| 2019 | 85.1% | +1.15pp | ||
| 2018 | 84.0% | +0.61pp | ||
| 2017 | 83.4% | -0.21pp | ||
| 2016 | 83.6% | -0.64pp | ||
| 2015 | 84.2% | +2.31pp | ||
| 2014 | 81.9% | +1.32pp | ||
| 2013 | 80.6% | +1.84pp | ||
| 2012 | 78.7% | +1.95pp | ||
| 2011 | 76.8% | — |
- 202578.6%-3.64pp
- 202482.2%-1.45pp
- 202383.7%-0.85pp
- 202284.5%-0.13pp
- 202184.7%-0.65pp
- 202085.3%+0.19pp
- 201985.1%+1.15pp
- 201884.0%+0.61pp
- 201783.4%-0.21pp
- 201683.6%-0.64pp
- 201584.2%+2.31pp
- 201481.9%+1.32pp
- 201380.6%+1.84pp
- 201278.7%+1.95pp
- 201176.8%—
Gross Margin values are taken from Paycom Software's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Paycom Software (PAYC)
According to Paycom Software's latest reported financial statements, the company's latest reported gross margin is 79.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Paycom Software (PAYC) most recent annual gross margin stands at 78.59% (2025) – contracted 3.6 percentage points year-over-year.
The record annual gross margin stands at 85.32%, reached in 2020; the historical low of 76.80% was recorded in 2011.
Paycom Software Gross Margin by Year
Paycom Software Gross Margin 2025: 78.6%
Paycom Software posted gross margin of 78.59% in 2025, contracted 3.6 percentage points from 2024.
Paycom Software Gross Margin 2024: 82.2%
In 2024, Paycom Software reported gross margin of 82.23%, contracted 1.5 percentage points from 2023.
Paycom Software Gross Margin 2023: 83.7%
Paycom Software gross margin in 2023 was 83.69%, contracted 0.8 percentage points from 2022.
Paycom Software Gross Margin 2022: 84.5%
2022's gross margin for Paycom Software came in at 84.53%, contracted 0.1 percentage points from 2021.
Paycom Software Gross Margin 2021: 84.7%
Paycom Software gross margin in 2021 was 84.66%.
See more financial history for Paycom Software (PAYC).
Sector peers by Gross Margin
Technology peers of Paycom Software (PAYC), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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