Paycom Software, Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 2025

PAYC$236.46-0.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Consolidated Balance Sheets

(in millions, except per share amounts)

	June 30, 2025	December 31, 2024
Assets
Current assets:
Cash and cash equivalents	$532.2	$402.0
Accounts receivable	39.9	39.2
Prepaid expenses	55.7	44.4
Inventory	1.6	1.4
Income tax receivable	6.3	11.9
Deferred contract costs	150.1	140.4
Current assets before funds held for clients	785.8	639.3
Funds held for clients	1,616.9	3,665.5
Total current assets	2,402.7	4,304.8
Property and equipment, net	602.1	561.4
Intangible assets, net	44.3	46.2
Goodwill	51.9	51.9
Long-term deferred contract costs	822.3	783.6
Operating lease right-of-use assets	76.8	80.6
Other assets	31.1	31.4
Total assets	$4,031.2	$5,859.9
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$19.7	$23.9
Accrued commissions and bonuses	26.3	33.0
Accrued payroll and vacation	59.0	59.0
Deferred revenue	30.3	30.0
Operating lease liabilities	21.9	20.4
Accrued expenses and other current liabilities	75.1	74.8
Current liabilities before client funds obligation	232.3	241.1
Client funds obligation	1,616.9	3,665.7
Total current liabilities	1,849.2	3,906.8
Deferred income tax liabilities, net	150.2	149.7
Long-term deferred revenue	119.4	114.6
Long-term operating lease liabilities	59.3	63.0
Other long-term liabilities	51.2	49.9
Total long-term liabilities	380.1	377.2
Total liabilities	2,229.3	4,284.0
Commitments and contingencies (Note 12 “Commitments and Contingencies”)
Stockholders’ equity:
Common stock, $0.01 par value (100.0 shares authorized, 63.5 and 63.0 shares issued at June 30, 2025 and December 31, 2024, respectively; 56.2 and 55.9 shares outstanding at June 30, 2025 and December 31, 2024, respectively)	0.6	0.6
Additional paid-in capital	801.9	724.8
Retained earnings	2,073.3	1,887.5
Accumulated other comprehensive earnings (loss)	0.2	(0.6)
Treasury stock, at cost (7.2 and 7.1 shares at June 30, 2025 and December 31, 2024, respectively)	(1,074.1)	(1,036.4)
Total stockholders’ equity	1,801.9	1,575.9
Total liabilities and stockholders’ equity	$4,031.2	$5,859.9

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.