Quarterly ResultAug 4, 2026, 04:08 PM
Paylocity FY26 Total Revenue $1.77B, +11%; EPS $4.92, +22.4%
AI Summary
Paylocity reported strong financial results for fiscal year 2026, with total revenue increasing 11.0% to $1.771 billion and GAAP net income rising 18.8% to $269.7 million, resulting in diluted EPS of $4.92. The company also saw continued growth in cash flows, achieving a free cash flow margin of 24.2%. Strategic initiatives included the launch of Ignite AI, Paylocity Retirement, Elevate Solutions, and the acquisition of Grayscale to expand AI-powered recruiting capabilities. Paylocity repurchased $398.1 million in common stock during FY 2026 and provided positive guidance for Q1 and full fiscal year 2027.
Key Highlights
- FY 2026 Total Revenue: $1.771 billion, up 11.0% year-over-year.
- FY 2026 GAAP Net Income: $269.7 million, up 18.8% year-over-year.
- FY 2026 Diluted EPS: $4.92, up 22.4% year-over-year.
- FY 2026 Adjusted EBITDA: $654.9 million, up 12.3% year-over-year.
- Repurchased $398.1 million (2.8 million shares) of common stock in FY 2026.
- Acquired Grayscale Labs, Inc. in April 2026 to enhance AI recruiting capabilities.
- Projected FY 2027 Total Revenue: $1.880 billion to $1.895 billion, up 7% year-over-year.
- Projected FY 2027 Adjusted EBITDA: $690.0 million to $700.0 million.
Price Impact
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