earnings
confidence high
sentiment positive
materiality 0.85
Paycom Q1 revenue up 6.1% to $530.5M; non-GAAP EPS $2.80; raises 2025 outlook
Paycom Software, Inc.
2025-Q1 EPS reported
$2.48
revenue$530,500,000
- Total revenue $530.5M (+6.1% YoY); recurring revenue $500.0M (+7.3% YoY).
- GAAP net income $139.4M ($2.48 diluted EPS) vs $247.2M ($4.37) in Q1 2024 which included a $117.5M benefit from forfeited CEO award.
- Non-GAAP net income $157.7M ($2.80 diluted EPS) vs $146.6M ($2.59 YoY). Adjusted EBITDA $253.2M (47.7% margin).
- Cash & cash equivalents $520.8M; zero debt. Paid $21.1M dividends, repurchased $5.2M stock in Q1.
- CEO Chad Richison: 'Raising our outlook for 2025' citing automation investments and momentum.