Paycom Software, Inc. (PAYC)

Over the past six months, Paycom's stock price has seen an increase of 9.57%. In February 2025, PAYC shares closed up after reporting its Q4 results, with adjusted EPS and revenue surpassing Wall Street expectations. In March 2025, Keybanc upgraded its outlook for Paycom Software from Sector Weight to Overweight. In May 2025, Paycom Software's stock climbed following its Q1 2025 results, with revenues, adjusted EBITDA, and adjusted EPS exceeding Wall Street expectations. Also in May 2025, Paycom Europe Limited received authorization as a Payment Institution by the Central Bank of Ireland. In June 2025, Kaskela Law LLC announced an investigation of Paycom Software, Inc. Paycom Software, Inc. is scheduled to report its Q2 2025 results on August 6, 2025, with analysts expecting double-digit profit growth.

Paycom's revenue is largely recurring, with over 98% of its total sales coming from recurring revenue streams. This suggests a relatively stable demand for its products and services throughout the year. The company's focus on streamlining and automating HR processes aims to provide consistent value to clients, contributing to stable demand. The subscription-based model inherently smooths out revenue recognition.

Paycom Software, Inc. is a leading provider of cloud-based human capital management (HCM) solutions, delivered as SaaS. Founded in 1998 and headquartered in Oklahoma City, Paycom specializes in streamlining and automating workforce processes for small to mid-sized companies across the United States. Paycom's integrated platform covers the entire employee lifecycle, from recruitment to retirement, and includes talent acquisition, time and labor management, payroll, talent management, HR management, Global HCM™, and GONE®. Over 98% of Paycom's revenue is derived from recurring subscription fees for access to its SaaS platform.

Paycom Software, Inc. is based in Oklahoma City, Oklahoma, with offices throughout the United States. While its primary market is the U.S., the company has been expanding its international presence. Paycom currently offers products to organizations in the U.S., Canada, Mexico, the U.K., and Ireland. In May 2025, Paycom Europe Limited received authorization as a Payment Institution by the Central Bank of Ireland, which supports the expansion of Paycom's payroll software across Ireland and other European Economic Area (EEA) Member States. As of 2016, Paycom had 42 sales teams nationwide and had opened numerous sales offices in major U.S. cities.

In the past year, Paycom has maintained a strong brand reputation, receiving several accolades and positive recognitions. Paycom ranked highly in Comparably Awards for Best Company Outlook, Best Company for Women, and Best Company for Diversity. Paycom has been named to TIME's World's Best Companies lists for both 2023 and 2024, and was also recognized on TIME's America's Best Midsize Companies lists for 2024 and 2025. Paycom has been recognized for its diversity efforts by Newsweek for four consecutive years. Selling Power recognized Paycom as a Top Sales Organization. The integration of AI in its products has been highlighted as a driver of productivity gains for clients.

Paycom Software is primarily owned by institutional shareholders and insiders. Institutional shareholders own approximately 86.01% of the company, with major holders including Vanguard Group Inc and BlackRock, Inc. Chad R. Richison, the founder and CEO, is the largest individual shareholder, owning 16.60% of the company.