{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-065659","form_type":"8-K","ticker":"PAYC","cik":"0001590955","company_name":"Paycom Software, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.925206+00:00","generated_at":"2026-05-22T08:07:35.849563+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Paycom Q1 revenue up 6.1% to $530.5M; non-GAAP EPS $2.80; raises 2025 outlook","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-065659","json":"https://secwatch.observer/filing/0000950170-25-065659.json","markdown":"https://secwatch.observer/filing/0000950170-25-065659.md","text":"https://secwatch.observer/filing/0000950170-25-065659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590955/000095017025065659/0000950170-25-065659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590955/000095017025065659/payc-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:07:35.849563+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}