Paycom Software, Inc.

Paycom Software reported strong first-quarter results for 2026, with diluted earnings per share increasing significantly to $3.04 on total revenues of $571.9 million. The company also announced a new $2.0 billion stock repurchase plan, replacing previous authorizations, and increased its credit facility to $2.125 billion, partially to fund share repurchases. Net income rose to $155.7 million, reflecting solid operational performance. Operating cash flow also saw a healthy increase.

Paycom Software, Inc. announced strong financial results for the first quarter of 2026, with total revenues increasing by 7.8% year-over-year to $571.9 million and GAAP diluted EPS rising to $3.04. The company also reported significant capital allocation activities, including the repurchase of over $1 billion in common stock and the payment of $17.7 million in dividends. Management expressed confidence in its automation strategy and the long-term growth opportunity, providing a positive outlook for full-year 2026 revenue and Adjusted EBITDA.

Paycom Software, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.375 per share, payable on June 8, 2026, to shareholders of record as of May 26, 2026. Additionally, the Board approved a new stock repurchase plan authorizing the company to buy back up to $2.0 billion of its common stock. This repurchase plan has no expiration date and allows for flexible execution through various transaction types.

Paycom Software, Inc. (as Holdings) and its subsidiary Paycom Payroll, LLC (as the Borrower) have entered into an Amended and Restated Credit Agreement dated April 23, 2026. JPMorgan Chase Bank, N.A. is serving as the Administrative Agent, with several other financial institutions acting as co-documentation agents, joint bookrunners, and joint lead arrangers. This agreement updates and restates the terms of their existing credit facility.