Overview

* Paylocity Q4 2025 rev grows 12% yr/yr, driven by client base expansion

* Adjusted EBITDA for Q4 beats analyst expectations, per LSEG data

* Co launches Paylocity ( PCTY ) for Finance, expanding platform into Office of CFO

Outlook

* Paylocity expects Q1 2026 revenue between $397.5 mln and $402.5 mln

* Company sees FY 2026 revenue between $1.707 bln and $1.722 bln

* Paylocity forecasts Q1 2026 adjusted EBITDA between $131 mln and $135 mln

* Company anticipates FY 2026 recurring revenue between $1.597 bln and $1.612 bln

Result Drivers

* CLIENT BASE EXPANSION - Paylocity ( PCTY ) attributes revenue growth to a 7% increase in its client base

* AVERAGE REVENUE PER CLIENT - Co reports growth driven by increased average revenue per client

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Net $48.60

Income mln

Q4 Beat $130.70 $121.40

Adjusted mln mln (18

EBITDA Analysts

)

Q4 Beat $105.60 $99.10

Adjusted mln mln (17

operatin Analysts

g income )

Q4 $66.20

Operatin mln

g income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Paylocity Holding Corp ( PCTY ) is $220.00, about 16.5% above its August 4 closing price of $183.61

* The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)