Paylocity Holding Corp

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Aug 6, 2025

PCTY$179.00+0.7%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Balance Sheets as of June 30, 202 and

Consolidated Balance Sheets

(in thousands, except per share data)

	June 30,
	2024	2025
Assets
Current assets:
Cash and cash equivalents	$401,811	$398,070
Accounts receivable, net	32,997	41,642
Deferred contract costs	97,859	117,177
Prepaid expenses and other	39,765	50,943
Total current assets before funds held for clients	572,432	607,832
Funds held for clients	2,952,060	2,704,137
Total current assets	3,524,492	3,311,969
Capitalized internal-use software, net	116,412	132,317
Property and equipment, net	60,640	54,210
Operating lease right-of-use assets	33,792	35,997
Intangible assets, net	28,291	92,671
Goodwill	108,937	343,100
Long-term deferred contract costs	348,003	393,671
Long‑term prepaid expenses and other	7,077	7,739
Deferred income tax assets	17,816	17,754
Total assets	$4,245,460	$4,389,428
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$8,638	$17,347
Accrued expenses	158,311	193,081
Total current liabilities before client fund obligations	166,949	210,428
Client fund obligations	2,950,411	2,694,842
Total current liabilities	3,117,360	2,905,270
Long-term debt	—	162,500
Long-term operating lease liabilities	46,814	46,772
Other long-term liabilities	6,398	8,580
Deferred income tax liabilities	41,824	32,559
Total liabilities	$3,212,396	$3,155,681
Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2024 and June 30, 2025	$—	$—
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2024 and June 30, 2025; 55,514 shares issued and outstanding at June 30, 2024 and 55,366 shares issued and outstanding at June 30, 2025	56	55
Additional paid-in capital	360,488	327,518
Retained earnings	673,456	900,583
Accumulated other comprehensive income (loss)	(936)	5,591
Total stockholders' equity	$1,033,064	$1,233,747
Total liabilities and stockholders’ equity	$4,245,460	$4,389,428

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.