secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001591698-25-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity Q1 FY2026 revenue $408.2M (+12% YoY); raised profitability targets
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- Recurring & other revenue $378.9M (+14% YoY); total revenue $408.2M (+12% YoY).
- GAAP net income $48.0M ($0.86/sh) vs $49.6M ($0.88/sh) YoY; Adjusted EBITDA $146.4M vs $129.0M.
- Repurchased $200M or 1.2M shares in Q1; total $500M repurchased since May 2024.
- Company raised long-term Adjusted EBITDA and Free Cash Flow margin targets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169825000112/0001591698-25-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169825000112/pcty-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001591698-25-000112

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