Quarterly ResultMay 8, 2026, 10:07 AM
Paylocity Q3 Revenue +10.5% to $502.3M; EPS $2.05
AI Summary
Paylocity Holding Corp reported strong financial results for the third quarter and nine months ended March 31, 2026. Quarterly revenues increased by 10.5% to $502.3 million, with net income growing 21.6% to $111.3 million and diluted EPS reaching $2.05. The company also significantly reduced its long-term debt and executed substantial share repurchases during the nine-month period.
Key Highlights
- Total revenues for Q3 2026 increased 10.5% year-over-year to $502.3 million.
- Net income for Q3 2026 rose 21.6% year-over-year to $111.3 million.
- Diluted EPS for Q3 2026 was $2.05, a 27.3% increase from the prior year.
- Total revenues for the nine months ended March 31, 2026, grew 11.1% to $1.33 billion.
- Net income for the nine months ended March 31, 2026, increased 17.3% to $209.4 million.
- Diluted EPS for the nine months ended March 31, 2026, was $3.81, up 21.0% year-over-year.
- The company repurchased $350.0 million of common shares during the nine-month period.
- Long-term debt was reduced to $81.3 million as of March 31, 2026, from $162.5 million.
Price Impact
More from PCTY