Paycom Software, Inc. (PAYC)

Over the past six months, Paycom Software, Inc. stock has experienced a significant decline. The share price as of April 9, 2026, was $114.84, representing a 45.37% decrease from $210.22 on April 10, 2025. Key events impacting the stock price include earnings reports, 2026 revenue guidance falling short of expectations, index reclassification, and share repurchases.

Demand for Paycom Software, Inc.'s products and services exhibits some seasonality, primarily driven by payroll filing requirements and employee time-off patterns. The first and fourth quarters typically see higher demand due to the annual processing of payroll tax and ACA form filing in Q1, and unscheduled payroll runs in Q4. Additionally, there is a noticeable surge in time-off requests during the summer season, with a 40% increase in requests, particularly around Independence Day, which sees 326% more requests than an average day.

Paycom Software, Inc. is a cloud-based human capital management (HCM) software solutions provider in the Technology sector, specifically in the HR Software and SaaS industry. Founded in 1998, it offers a single-database platform to manage the entire employee lifecycle. Its major products and services encompass payroll with innovations like Beti, talent acquisition, time and labor management including GONE, benefits administration, HR management, talent management, and AI-driven tools like IWant.

Paycom Software, Inc. is headquartered in Oklahoma City, Oklahoma, with additional offices throughout the United States, including an operations center in Grapevine, Texas. The company primarily serves small to mid-sized businesses across the United States, with 100% of its reported revenue for the fiscal year ended December 31, 2023, originating from the U.S., it has significantly expanded its international reach. Paycom's Global HCM™ offerings are available in over 190 countries and territories and support nearly 20 languages.

Paycom has maintained a strong brand reputation over the past year, marked by recognitions such as USA Today's Most Trusted Brands 2026, G2's Spring 2026 Grid Reports, and being recognized as a 2026 Platinum Employer. Paycom has also received awards such as the Big Innovation Award 2025, Newsweek America's Best Online Platforms 2025, and Time World's Best Companies 2025. There is no information suggesting any significant negative events that have affected Paycom Software, Inc.'s brand reputation in the past year.

Paycom Software, Inc. has a significant institutional ownership presence. As of April 10, 2026, there are 714 institutional owners and shareholders holding a total of 50,334,064 shares, representing 82.53% of the company's shares. Individual ownership accounts for 12.79% of the shares.