Paycom Software, Inc. earnings overview

PAYC FY2026 Q1 · Calendar Q2 2026

Paycom Software, Inc.

Paycom's Q1 FY2026 results demonstrate that its AI and automation product suite — Beti, GONE, and IWant — is translating into measurable client ROI, revenue growth, and margin expansion. Revenue grew 8% year-over-year to $572 million with recurring revenue up 9% and a 50 basis-point adjusted EBITDA margin expansion. The company beat both revenue and EPS estimates, yet reaffirmed rather than raised full-year guidance, maintaining its 6.5% revenue growth outlook. A new $2 billion share buyback authorization and dividend increase underscore strong cash generation and management confidence. IWant AI usage surged 33% since Q4, indicating accelerating product adoption. The market responded strongly, with shares up 9.6% on the print versus a flat benchmark, on 2.5x normal volume. The central question going forward is whether AI-driven automation can sustain growth momentum while the company…