Quarterly ResultAug 4, 2026, 04:15 PM
Paylocity FY26 Revenue $1.77B, Net Income $269.7M; Q4 Revenue $444.7M
AI Summary
Paylocity Holding Corporation announced strong financial results for the fourth quarter and fiscal year ended June 30, 2026. The company reported a full-year total revenue of $1.771 billion, an 11.0% increase year-over-year, and GAAP net income of $269.7 million, up 18.8%. In Q4 2026, total revenue grew 11.0% to $444.7 million. Paylocity also highlighted strategic advancements including the acquisition of Grayscale Labs, the launch of Ignite AI, Paylocity Retirement, and Elevate Solutions, alongside significant share repurchases totaling $398.1 million in FY 2026. The company provided an optimistic outlook for fiscal 2027, projecting total revenue between $1.880 billion and $1.895 billion.
Key Highlights
- FY 2026 Total Revenue reached $1.771 billion, an 11.0% increase year-over-year.
- FY 2026 GAAP Net Income grew 18.8% to $269.7 million, with diluted EPS at $4.92, up 22.4%.
- Q4 2026 Total Revenue was $444.7 million, an 11.0% increase from the prior year quarter.
- Repurchased $398.1 million (2.8 million shares) in FY 2026; $697.8 million (4.6 million shares) since May 2024.
- Acquired Grayscale Labs, Inc. in April 2026 to enhance AI-powered recruiting capabilities.
- Launched Ignite AI, Paylocity Retirement, and Elevate Solutions to expand product suite.
- Forecasts FY 2027 Total Revenue between $1.880 billion and $1.895 billion, representing 7% growth.
- Anticipates FY 2027 Adjusted EBITDA between $690.0 million and $700.0 million.
Price Impact
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