Paycom Software
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Paycom Software's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $1,693,674,000. The net income raised on $340,788,000 and profit margin reached 20%. Total operating expenses were $966,062,000.
Profit Margin
| 2014 | 150.92M | 5.66M | 3.75% |
|---|---|---|---|
| 2015 | 224.65M | 20.94M | 9.32% |
| 2016 | 329.14M | 43.84M | 13.32% |
| 2017 | 433.04M | 66.80M | 15.43% |
| 2018 | 566.33M | 137.06M | 24.2% |
| 2019 | 737.67M | 180.57M | 24.48% |
| 2020 | 841.43M | 143.45M | 17.05% |
| 2021 | 1.05B | 195.96M | 18.57% |
| 2022 | 1.37B | 281.38M | 20.46% |
| 2023 | 1.69B | 340.78M | 20.12% |
PAYC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.69B | 1.37B | 1.05B | 841.43M | 737.67M | 566.33M | 433.04M | 329.14M | 224.65M | 150.92M |
Cost of revenue | 276.29M | 212.74M | 161.88M | 123.54M | 109.74M | 90.76M | 72.02M | 54.06M | 35.47M | 27.31M |
Gross profit | 1.41B | 1.16B | 893.63M | 717.88M | 627.92M | 475.57M | 361.01M | 275.07M | 189.18M | 123.61M |
Operating exp. | ||||||||||
Research and development | 198.95M | 148.34M | 118.42M | 90.24M | 73.08M | 46.24M | 30.43M | 20.96M | 8.62M | 4.32M |
Selling and marketing | 417.61M | 346.56M | 275.99M | 235.71M | 179.28M | 143.88M | 150.51M | 119.25M | 92.55M | 63.54M |
Total operating expenses | 966.06M | 783.79M | 640.07M | 531.76M | 401.7M | 301.85M | 282.39M | 217.10M | 154.74M | 107.91M |
Operating income | 451.32M | 378.67M | 253.56M | 186.12M | 226.22M | 173.71M | 78.62M | 57.97M | 34.43M | 15.7M |
Other income (expenses), net | 21.07M | 10.89M | 2.39M | -187K | -137K | 1.76M | -1.97M | 308K | -910K | -6.04M |
Income before tax | 472.39M | 389.57M | 255.96M | 185.93M | 226.08M | 174.71M | 76.64M | 57.24M | 33.52M | 9.65M |
Income tax expense | 131.61M | 108.18M | 60.00M | 42.48M | 45.51M | 37.64M | 9.84M | 13.40M | 12.58M | 3.99M |
Net income | 340.78M | 281.38M | 195.96M | 143.45M | 180.57M | 137.06M | 66.80M | 43.84M | 20.94M | 5.66M |
Earnings per share | ||||||||||
Basic EPS | 5.91 | 4.86 | 3.39 | 2.49 | 3.14 | 2.38 | 1.15 | 0.76 | 0.37 | 0.11 |
Diluted EPS | 5.88 | 4.84 | 3.37 | 2.46 | 3.09 | 2.34 | 1.13 | 0.74 | 0.36 | 0.11 |
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