{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036450","form_type":"8-K","ticker":"PAYC","cik":"0001590955","company_name":"Paycom Software, Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.464783+00:00","generated_at":"2026-06-12T18:16:07.909288+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Paycom Q2 revenues $401M (+27% YoY); non-GAAP EPS $1.62 vs $1.26 YoY","bullets":["Total revenues of $401.1M, up 26.6% YoY; recurring revenues of $394.5M (98.4% of total).","GAAP net income $64.5M ($1.11/diluted share); non-GAAP net income $94.3M ($1.62/diluted share).","Adjusted EBITDA $156.6M, a 39% margin vs 37.7% in prior year period.","Cash and equivalents $536.5M, up from $400.7M at year-end 2022; paid $21.7M in dividends.","CEO cites strong demand and expansion of TAM to larger organizations with foreign employees."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036450","json":"https://secwatch.observer/filing/0000950170-23-036450.json","markdown":"https://secwatch.observer/filing/0000950170-23-036450.md","text":"https://secwatch.observer/filing/0000950170-23-036450.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023036450/0000950170-23-036450-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023036450/payc-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:16:07.909288+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b9518f570cc7aff85ea5639cf6269aa67ecee35","claim":"Paycom Software, Inc. reported the quarter ended June 30, 2023 results: revenue $401.1 million, net income $64.5 million, EPS $1.11 per diluted share.","evidence_excerpt":"Paycom Software, Inc. Reports Second Quarter 2023 Results Second Quarter Revenues of $401 million, up 27% from the comparable prior year period Second Quarter GAAP Net Income of $65 million, representing 16% of total revenues, or $1.11 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000095017023036450/0000950170-23-036450-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$401.1 million"},{"label":"Net income","value":"$64.5 million"},{"label":"EPS","value":"$1.11 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}