---
schema_version: "secwatch.filing_event.v1"
accession: "0001591698-23-000236"
form_type: "8-K"
ticker: "PCTY"
cik: "0001591698"
company_name: "Paylocity Holding Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:20:48.879984+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paylocity Q1 FY2024 revenue up 25% to $317.6M; GAAP EPS $0.61

## Summary
- Total revenue $317.6M (+25% YoY); recurring & other revenue $291.7M (+19% YoY).
- GAAP net income $34.5M ($0.61 diluted EPS); non-GAAP operating income $86.9M.
- Adjusted EBITDA $104.9M; operating cash flow $62.1M vs $16.4M a year ago.
- No long-term debt; cash & equivalents $305.0M as of Sep 30, 2023.
- Launched new products: Rewards & Recognition and AI-driven Employee Voice.

## SEC filing metadata
- accession: 0001591698-23-000236
- form_type: 8-K
- ticker: PCTY
- cik: 0001591698
- company_name: Paylocity Holding Corp
- filed_at: 2023-11-02T23:59:59+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/1591698/000159169823000236/0001591698-23-000236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591698/000159169823000236/pcty-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001591698-23-000236
- JSON: https://secwatch.observer/filing/0001591698-23-000236.json
- Plain text: https://secwatch.observer/filing/0001591698-23-000236.txt

## Key facts
- Earnings Releases
  Paylocity Holding Corp reported first quarter of fiscal year 2024 results: revenue $317.6 million, net income $34.5 million, EPS $0.61 per share.
  - Period: first quarter of fiscal year 2024
  - Revenue: $317.6 million
  - Net income: $34.5 million
  - EPS: $0.61 per share
  - Result: reported results
  source text: Paylocity Announces First Quarter Fiscal Year 2024 Financial Results • Q1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year • Q1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, IL. – November 2, 2023 – 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/1591698/000159169823000236/0001591698-23-000236-index.htm

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