{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-051272","form_type":"8-K","ticker":"PAYC","cik":"0001590955","company_name":"Paycom Software, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.122423+00:00","generated_at":"2026-06-03T02:51:09.871084+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Paycom Q1 revenue $500M (+11% YoY); GAAP EPS $4.37 includes $117.5M award forfeiture benefit","bullets":["Total revenues $499.9M, up 10.7% YoY; recurring revenue $491.9M (98.4% of total).","GAAP net income $247.2M ($4.37 diluted EPS) vs $119.3M ($2.06) YoY; includes $117.5M forfeiture benefit.","Non-GAAP net income $146.6M ($2.59 diluted EPS) vs $142.7M ($2.46) YoY; adjusted EBITDA $229.5M (46% margin).","Cash $371.3M; no debt; paid $21.2M dividends and repurchased 15,681 shares for $3.1M in Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-051272","json":"https://secwatch.observer/filing/0000950170-24-051272.json","markdown":"https://secwatch.observer/filing/0000950170-24-051272.md","text":"https://secwatch.observer/filing/0000950170-24-051272.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590955/000095017024051272/0000950170-24-051272-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590955/000095017024051272/payc-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:51:09.871084+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":"b846cf1bede20fd03e3a450caa0003dd3bc061a1","claim":"Paycom Software, Inc. reported the quarter ended March 31, 2024 results: revenue $499.9 million, net income $247.2 million, or $4.37 per diluted share, EPS $4.37 per diluted share.","evidence_excerpt":"Paycom Software, Inc. Reports First Quarter 2024 Results First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 million, or $2.59 per diluted share First Quarter Adjusted EBITDA of $230 million, representing 46% of total revenues","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000095017024051272/0000950170-24-051272-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$499.9 million"},{"label":"Net income","value":"$247.2 million, or $4.37 per diluted share"},{"label":"EPS","value":"$4.37 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"}