secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-208968
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom Q1 revenue $572M (+7.8% YoY), GAAP EPS $3.04, non-GAAP EPS $3.15, Adj. EBITDA $275M
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- Revenue $571.9M (+7.8% YoY); recurring revenue $544.0M (+8.8% YoY) constitutes 95.1% of total.
- GAAP net income $155.7M ($3.04 diluted) vs $139.4M ($2.48) in Q1 2025.
- Non-GAAP net income $161.3M ($3.15 diluted) vs $157.7M ($2.80) a year ago.
- Adjusted EBITDA $275.4M (48.1% margin) up from $253.2M; cash $153.9M vs $370M at Dec 31, 2025.
- Repurchased 8.4M shares for $1.060B; paid $17.7M dividends in Q1 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526208968/0001193125-26-208968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526208968/payc-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-208968

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