---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-104018"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:28:29.819347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paycom Q2 revenue up 11% to $483.6M, raises 2025 growth and margin targets

## Summary
- Q2 GAAP net income $89.5M ($1.58/diluted share) vs $68.0M ($1.20) a year ago.
- Non-GAAP net income $116.6M ($2.06/diluted) vs $91.8M ($1.62); Adjusted EBITDA $198.3M (41% of revenue).
- Recurring revenue $455.1M (+12.2% YoY) was 94.1% of total revenue.
- Cash $532.2M, zero debt; paid $21.8M in dividends and repurchased $32.6M in stock during Q2.
- CEO highlights IWant AI engine and strong new logo adds; company raised full-year guidance.

## SEC filing metadata
- accession: 0000950170-25-104018
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2025-08-06T23:59:59+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/1590955/000095017025104018/0000950170-25-104018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000095017025104018/payc-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-104018
- JSON: https://secwatch.observer/filing/0000950170-25-104018.json
- Plain text: https://secwatch.observer/filing/0000950170-25-104018.txt

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