---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012190"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:03:01.445580+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paycom Q4 earnings beat; revenue $434.6M up 17%, full-year $1.694B up 23%

## Summary
- Q4 GAAP EPS $1.43, non-GAAP EPS $1.93 (up from $1.38 and $1.73 YoY).
- FY2023 revenue $1,693.7M (+23.2%); recurring revenue 98.3% of total.
- Q4 Adjusted EBITDA $176.6M; full-year Adjusted EBITDA $719.3M (42% margin).
- Ended year with $294M cash, zero debt; repurchased $212.9M in stock during Q4.
- CEO cites better-than-expected results; 2024 focus on service, automation, client ROI.

## SEC filing metadata
- accession: 0000950170-24-012190
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000095017024012190/0000950170-24-012190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000095017024012190/payc-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012190
- JSON: https://secwatch.observer/filing/0000950170-24-012190.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012190.txt

## Key facts
- Earnings Releases
  Paycom Software, Inc. reported the quarter and year ended December 31, 2023 results: revenue $434.6 million, net income $81.8 million, EPS $1.43 per diluted share.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $434.6 million
  - Net income: $81.8 million
  - EPS: $1.43 per diluted share
  - Result: reported results
  source text: Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000095017024012190/0000950170-24-012190-index.htm
- Earnings Releases
  Paycom Software, Inc. reported the quarter and year ended December 31, 2023 results: revenue $434.6 million, net income $81.8 million, EPS $1.43 per diluted share.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $434.6 million
  - Net income: $81.8 million
  - EPS: $1.43 per diluted share
  - Result: reported results
  source text: Fourth Quarter Revenues of $435 million, up 17% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000095017024012190/0000950170-24-012190-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.