Paylocity Holding (PCTY) FY2025 results: revenue $1.6 billion, up 13.7% on the year
Paylocity Holding Corp. (PCTY) reported revenue of $1.6 billion for fiscal 2025, the year ended 30 June 2025, up 13.7% on the year before. Net income was $227 million, up 9.8%, and diluted earnings per share $4.02. The figures are the company's own, from the 10-K it filed with the SEC on 6 August 2025.
Revenue
$1.6 billion
+13.7% on the year
FY2018FY2025
Operating margin
19.1%
18.5% a year earlier
FY2018FY2025
Net income
$227 million
+9.8% on the year
FY2018FY2025
Diluted EPS
$4.02
+10.7% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
418
385
283
+8.7%
Capital expenditure
13.1
18.0
21.9
-27.5%
Free cash flow
405
367
261
+10.5%
Free cash flow margin
25.4%
26.1%
22.2%
Cash from investing
-456
-102
-220
Cash from financing
-326
142
-1,435
Depreciation and amortisation
99.6
76.4
60.9
+30.4%
Share-based compensation
143
146
147
-2.2%
Buybacks
150
150
0.0
-0.2%
Diluted shares, weighted
57m
57m
57m
-0.7%
Shares outstanding at period end
55m
56m
56m
-0.3%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
1,234
1,033
843
+19.4%
Debt
162
0.0
0.0
Operating lease liabilities
46.8
46.8
62.5
-0.1%
Other liabilities
2,946
3,166
2,790
-6.9%
Total liabilities and equity
4,389
4,245
3,696
+3.4%
Fixed assets
54.2
60.6
64.1
-10.6%
Goodwill
343
109
102
+215.0%
Intangible assets
92.7
28.3
34.5
+227.6%
Securities held for sale or to maturity
620
508
489
+21.9%
Cash and equivalents
398
402
289
-0.9%
Receivables
41.6
33.0
25.1
+26.2%
Other assets
2,840
3,105
2,692
-8.5%
Total assets
4,389
4,245
3,696
+3.4%
10-K for the year ended 30 June 2025, filed 6 August 2025: the filing.