---
schema_version: "secwatch.filing_event.v1"
accession: "0001591698-24-000276"
form_type: "8-K"
ticker: "PCTY"
cik: "0001591698"
company_name: "Paylocity Holding Corp"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:15:46.315584+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Paylocity Q1 revenue up 14% to $363M, GAAP EPS $0.88, closes Airbase acquisition

## Summary
- Total revenue $363.0M (+14% YoY); recurring & other revenue $333.1M (+14% YoY).
- GAAP net income $49.6M ($0.88 diluted EPS) vs $34.5M ($0.61) a year ago.
- Adjusted EBITDA $129.0M vs $104.9M YoY; operating cash flow $91.5M vs $62.1M.
- Completed acquisition of Airbase (spend management) on Oct 1, 2024, funded with $325M credit facility.
- Cash and equivalents $778.5M including $325M debt for Airbase; long-term debt $325M.

## SEC filing metadata
- accession: 0001591698-24-000276
- form_type: 8-K
- ticker: PCTY
- cik: 0001591698
- company_name: Paylocity Holding Corp
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591698/000159169824000276/0001591698-24-000276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591698/000159169824000276/pcty-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001591698-24-000276
- JSON: https://secwatch.observer/filing/0001591698-24-000276.json
- Plain text: https://secwatch.observer/filing/0001591698-24-000276.txt

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