Quarterly ResultAug 5, 2026, 04:20 PM
Paycom Q2 Revenue $531M, GAAP EPS $2.34; Raises Full-Year Outlook
AI Summary
Paycom Software, Inc. announced strong financial results for the second quarter of 2026, with total revenues increasing by 9.8% year-over-year to $531 million. GAAP net income reached $107 million, or $2.34 per diluted share, and Adjusted EBITDA was $235 million. The company also repurchased $345.9 million in common stock and paid $17.9 million in dividends. Following these results, Paycom raised its full-year 2026 revenue and Adjusted EBITDA guidance, reflecting confidence in its automation strategy and execution.
Key Highlights
- Q2 2026 Total Revenues reached $531 million, up 9.8% year-over-year.
- Q2 2026 GAAP Net Income was $107 million, or $2.34 per diluted share.
- Q2 2026 Non-GAAP Net Income was $128 million, or $2.78 per diluted share.
- Q2 2026 Adjusted EBITDA stood at $235 million, representing 44% of total revenues.
- Repurchased 2,570,072 shares of common stock for $345.9 million in Q2 2026.
- Paid $17.9 million in cash dividends during the quarter.
- Raised full-year 2026 total revenue guidance to $2.197 billion to $2.212 billion.
- Raised full-year 2026 Adjusted EBITDA guidance to $1.007 billion to $1.022 billion.
Price Impact
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