Paylocity Holding Corp

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.

Paylocity Holding Corporation announced a significant increase of $1 billion to its share repurchase program, bringing the total authorization to $1.35 billion. This was disclosed alongside solid third-quarter fiscal year 2026 financial results, with total revenue growing 10.5% year-over-year to $502.3 million and recurring & other revenue increasing 11.6% to $469.9 million. The company also reported GAAP net income of $111.3 million and diluted EPS of $2.05, and raised its full fiscal year 2026 revenue and profitability guidance.

Paylocity Holding Corporation announced strong financial results for the third quarter of fiscal year 2026, with total revenue increasing 10.5% year-over-year to $502.3 million and recurring revenue growing 11.6% to $469.9 million. The company also completed the acquisition of Grayscale Labs, Inc. in April 2026 to expand its AI-powered recruiting capabilities. Furthermore, the Board of Directors approved a $1.0 billion increase to the share repurchase authorization, bringing the total available authorization to $1.35 billion, following $350 million in repurchases year-to-date.

Paylocity announced "Elevate Solutions," a new suite of offerings designed to reduce administrative burden for clients by combining its unified platform with dedicated teams providing deep operational expertise. These solutions extend internal team capacity across implementation and ongoing payroll and HR operations, freeing organizations to focus on strategic priorities. The offerings include expert-led execution for implementation, payroll administration, and ongoing HR operational support, available now.

Paylocity Holding Corporation announced it will host a conference call to discuss its third-quarter fiscal 2026 financial results. The call is scheduled for Thursday, May 7th, at 4:00 pm Central Time. Investors can access a live webcast on the company's investor relations website, with a replay also available. A press release detailing the results will be issued prior to the call.