Paycom Software's second quarter revenue grew 10% to $531M, handily beating estimates.

Paycom Software reported second quarter 2026 revenue of $531.2 million, an increase of 9.8% year-over-year, beating analyst expectations. GAAP diluted earnings per share were $2.34, compared to $1.58 in the same period last year. The company also raised its full-year revenue and adjusted EBITDA guidance.

Key Highlights

• Total second quarter revenues grew 9.8% YoY to $531.2 million.
• Recurring and other revenues, a key area of focus, increased 11.0% from the prior year period to $505.2 million.
• Paycom raised its full-year 2026 revenue guidance to a range of $2.197 billion to $2.212 billion, representing growth of 7% to 8%.