secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0000950170-25-104018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025104018/0000950170-25-104018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025104018/payc-20250806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-104018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer