Gross Profit for Paycom Software (PAYC)
According to Paycom Software's latest reported financial statements, the company's current gross profit (TTM) is $1.66B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PAYC
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$1.66B
YoY change
+4.1%
5Y CAGR
+17.6%
Peak year (2025)
$1.61B
Cumulative gross profit
$9.60B
Gross Profit history chart for Paycom Software (PAYC) from 2011 to 2025
Gross Profit history table for Paycom Software (PAYC) from 2011 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.61B | +4.1% | ||
| 2024 | $1.55B | +9.3% | ||
| 2023 | $1.42B | +21.9% | ||
| 2022 | $1.16B | +30.1% | ||
| 2021 | $893.64M | +24.5% | ||
| 2020 | $717.89M | +14.3% | ||
| 2019 | $627.92M | +32.0% | ||
| 2018 | $475.57M | +31.7% | ||
| 2017 | $361.02M | +31.2% | ||
| 2016 | $275.07M | +45.4% | ||
| 2015 | $189.18M | +53.0% | ||
| 2014 | $123.61M | +42.6% | ||
| 2013 | $86.71M | +43.4% | ||
| 2012 | $60.48M | +37.7% | ||
| 2011 | $43.93M | — |
Gross Profit values are taken from Paycom Software's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for Paycom Software (PAYC) came in at $1.61B – edged up 4.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Paycom Software gross profit compounded at +17.6% per year, sustaining 14 straight years of year-over-year growth.
The highest annual gross profit of $1.61B was reported in 2025. The lowest in the available history was $43.93M in 2011.
Within Technology, Paycom Software (PAYC) ranks 9th among 8 peers we track. The peer median for gross profit is $98.38B.
Paycom Software Gross Profit by Year
Paycom Software Gross Profit 2025: $1.61B
Paycom Software gross profit in 2025 was $1.61B, edged up 4.1% from 2024. This figure represents the highest annual value in the available history.
Paycom Software Gross Profit 2024: $1.55B
Paycom Software gross profit in 2024 was $1.55B, grew 9.3% from 2023.
Paycom Software Gross Profit 2023: $1.42B
Paycom Software gross profit in 2023 was $1.42B, grew 21.9% from 2022.
Paycom Software Gross Profit 2022: $1.16B
Paycom Software gross profit in 2022 was $1.16B, surged 30.1% from 2021.
Paycom Software Gross Profit 2021: $893.64M
Paycom Software gross profit in 2021 was $893.64M.
See more financial history for Paycom Software (PAYC).
Sector peers — Gross Profit
Companies in the same sector as Paycom Software, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Paycom Software's gross profit?
- Latest reported gross profit for Paycom Software (PAYC) is $1.66B (period ending December 31, 2025).
How has Paycom Software gross profit changed year-over-year?
- Paycom Software (PAYC) gross profit changed +4.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Paycom Software gross profit?
- Paycom Software (PAYC) gross profit compound annual growth rate is +17.6% over the most recent 5 years available.
When did Paycom Software gross profit hit its highest annual value?
- Paycom Software gross profit reached its highest annual value of $1.61B in 2025.
What was Paycom Software gross profit in 2024?
- Paycom Software (PAYC) gross profit in 2024 was $1.55B.
What was Paycom Software gross profit in 2025?
- Paycom Software (PAYC) gross profit in 2025 was $1.61B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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