---
schema_version: "secwatch.filing_event.v1"
accession: "0001591698-22-000182"
form_type: "8-K"
ticker: "PCTY"
cik: "0001591698"
company_name: "Paylocity Holding Corp"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:04:15.793521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Paylocity reports Q1 FY2023 revenue of $253.3M, up 39% YoY; net income $30.4M

## Summary
- Total revenue $253.3M (+39% YoY); recurring & other revenue $245.4M (+36% YoY).
- GAAP net income $30.4M ($0.54 diluted EPS); adjusted EBITDA $66.6M.
- Cash from operations $16.4M; cash and equivalents $65.5M; no long-term debt.
- Credit facility expanded to $550M in August 2022; strong sales momentum and new product enhancements.

## SEC filing metadata
- accession: 0001591698-22-000182
- form_type: 8-K
- ticker: PCTY
- cik: 0001591698
- company_name: Paylocity Holding Corp
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591698/000159169822000182/0001591698-22-000182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591698/000159169822000182/pcty-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001591698-22-000182
- JSON: https://secwatch.observer/filing/0001591698-22-000182.json
- Plain text: https://secwatch.observer/filing/0001591698-22-000182.txt

## Key facts
- Earnings Releases
  Paylocity Holding Corp reported first quarter of fiscal year 2023 ended September 30, 2022 results: revenue $253.3 million, net income $30.4 million, EPS $0.54 per share.
  - Period: first quarter of fiscal year 2023 ended September 30, 2022
  - Revenue: $253.3 million
  - Net income: $30.4 million
  - EPS: $0.54 per share
  - Result: reported results
  source text: Paylocity Announces First Quarter Fiscal Year 2023 Financial Results • Q1 2023 Recurring & Other Revenue of $245.4 million, up 36% year-over-year • Q1 2023 Total Revenue of $253.3 million, up 39% year-over-year SCHAUMBURG, IL. – November 3, 2022 – Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591698/000159169822000182/0001591698-22-000182-index.htm

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