For the year ending 2025-12-31, PAYC has $7,598,700K in assets. $5,867,200K in debts. $370,000K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 370,000 | 402,000 | 294,025 | 400,730 |
| Accounts receivable | 44,900 | 39,200 | 16,442 | 22,843 |
| Prepaid expenses | 47,500 | 44,400 | 37,613 | 34,056 |
| Inventory | 1,700 | 1,400 | 1,383 | 1,607 |
| Income tax receivable | 78,200 | 11,900 | 18,391 | 5,583 |
| Deferred contract costs | 159,500 | 140,400 | 118,206 | 96,378 |
| Current assets before funds held for clients | 701,800 | 639,300 | 486,060 | 561,197 |
| Funds held for clients | 5,137,000 | 3,665,500 | 2,327,366 | 2,202,975 |
| Total current assets | 5,838,800 | 4,304,800 | 2,813,426 | 2,764,172 |
| Property and equipment, net | 687,300 | 561,400 | 498,197 | 402,448 |
| Intangible assets, net | 37,400 | 46,200 | 50,112 | 54,017 |
| Goodwill | 51,900 | 51,900 | 51,889 | 51,889 |
| Long-term deferred contract costs | 857,400 | 783,600 | 680,272 | 567,974 |
| Operating lease right-of-use assets | 89,400 | 80,600 | - | - |
| Other assets | 36,500 | 31,400 | 103,643 | 62,013 |
| Total assets | 7,598,700 | 5,859,900 | 4,197,539 | 3,902,513 |
| Accounts payable | 6,600 | 23,900 | 13,875 | 16,054 |
| Accrued commissions and bonuses | 28,200 | 33,000 | 30,492 | 28,439 |
| Accrued payroll and vacation | 60,100 | 59,000 | 56,086 | 45,023 |
| Deferred revenue | 28,300 | 30,000 | 22,812 | 19,825 |
| Current portion of long-term debt | - | - | - | 0 |
| Operating lease liabilities | 28,400 | 20,400 | - | - |
| Accrued expenses and other current liabilities | 79,800 | 74,800 | 83,302 | 59,990 |
| Current liabilities before client funds obligation | 231,400 | 241,100 | 206,567 | 169,331 |
| Client funds obligation | 5,137,000 | 3,665,700 | 2,328,076 | 2,207,706 |
| Total current liabilities | 5,368,400 | 3,906,800 | 2,534,643 | 2,377,037 |
| Deferred income tax liabilities, net | 304,400 | 149,700 | 143,750 | 141,033 |
| Long-term deferred revenue | 121,900 | 114,600 | 107,657 | 97,591 |
| Net long-term debt, less current portion | - | - | - | 29,000 |
| Long-term operating lease liabilities | 61,900 | 63,000 | - | - |
| Other long-term liabilities | 10,600 | 49,900 | 108,453 | 75,245 |
| Total long-term liabilities | 498,800 | 377,200 | 359,860 | 342,869 |
| Total liabilities | 5,867,200 | 4,284,000 | 2,894,503 | 2,719,906 |
| Common stock, 0.01 par value (100.0 shares authorized, 63.6 and 63.0 shares issued at december 31, 2025 and december 31, 2024, respectively 54.8 and 55.9 shares outstanding at december 31, 2025 and december 31, 2024, respectively) | 600 | 600 | 627 | 625 |
| Additional paid-in capital | 878,400 | 724,800 | 724,493 | 576,622 |
| Retained earnings | 2,255,600 | 1,887,500 | 1,469,981 | 1,196,968 |
| Accumulated other comprehensive earnings (loss) | 300 | -600 | -1,039 | -3,703 |
| Treasury stock, at cost (8.8 and 7.1 shares at december 31, 2025 and december 31, 2024, respectively) | 1,403,400 | 1,036,400 | 891,026 | 587,905 |
| Total stockholders equity | 1,731,500 | 1,575,900 | 1,303,036 | 1,182,607 |
| Total liabilities and stockholders equity | 7,598,700 | 5,859,900 | 4,197,539 | 3,902,513 |
Paycom Software, Inc. (PAYC)
Paycom Software, Inc. (PAYC)