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For the quarter ending 2026-03-31, PAYC has $4,821,800K in assets. $4,010,100K in debts. $153,900K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
108.26%
Quick Ratio
108.21%
Cash Ratio
5.42%
Debt to Asset Ratio
83.17%
Unit: Thousand (K) dollars
Assets Breakdown
    • Funds held for clients
    • Long-term deferred contract cost...
    • Property and equipment, net
    • Others
Liabilities Breakdown
    • Client funds obligation
    • Treasury stock, at cost (17.1 an...
    • Retained earnings
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
153,900 370,000 375,000 532,200
Accounts receivable
51,300 44,900 50,400 39,900
Prepaid expenses
58,000 47,500 63,000 55,700
Inventory
1,500 1,700 1,800 1,600
Income tax receivable
20,600 78,200 77,300 6,300
Deferred contract costs
164,100 159,500 154,600 150,100
Current assets before funds held for clients
449,400 701,800 722,100 785,800
Funds held for clients
2,624,600 5,137,000 1,819,900 1,616,900
Total current assets
3,074,000 5,838,800 2,542,000 2,402,700
Property and equipment, net
669,000 687,300 659,800 602,100
Intangible assets, net
34,000 37,400 40,900 44,300
Goodwill
51,900 51,900 51,900 51,900
Long-term deferred contract costs
872,800 857,400 838,300 822,300
Operating lease right-of-use assets
86,200 89,400 79,700 76,800
Other assets
33,800 36,500 32,600 31,100
Total assets
4,821,800 7,598,700 4,245,200 4,031,200
Accounts payable
9,400 6,600 20,400 19,700
Accrued commissions and bonuses
14,200 28,200 24,300 26,300
Accrued payroll and vacation
42,600 60,100 54,600 59,000
Deferred revenue
32,300 28,300 29,900 30,300
Operating lease liabilities
28,600 28,400 23,400 21,900
Accrued expenses and other current liabilities
87,700 79,800 106,000 75,100
Current liabilities before client funds obligation
214,800 231,400 258,600 232,300
Client funds obligation
2,624,700 5,137,000 1,819,900 1,616,900
Total current liabilities
2,839,500 5,368,400 2,078,500 1,849,200
Deferred income tax liabilities, net
306,600 304,400 259,300 150,200
Long-term deferred revenue
121,700 121,900 121,200 119,400
Long-term debt
675,000 ---
Long-term operating lease liabilities
60,000 61,900 61,100 59,300
Other long-term liabilities
7,200 10,600 15,700 51,200
Total long-term liabilities
1,170,600 498,800 457,300 380,100
Total liabilities
4,010,100 5,867,200 2,535,800 2,229,300
Common stock, 0.01 par value (100.0 shares authorized, 63.7 and 63.6 shares issued at march 31, 2026 and december 31, 2025, respectively 46.6 and 54.8 shares outstanding at march 31, 2026 and december 31, 2025, respectively)
600 600 600 600
Additional paid-in capital
887,300 878,400 843,300 801,900
Retained earnings
2,393,800 2,255,600 2,162,500 2,073,300
Accumulated other comprehensive earnings (loss)
-600 300 400 200
Treasury stock, at cost (17.1 and 8.8 shares at march 31, 2026 and december 31, 2025, respectively)
2,469,400 1,403,400 1,297,400 1,074,100
Total stockholders equity
811,700 1,731,500 1,709,400 1,801,900
Total liabilities and stockholders equity
4,821,800 7,598,700 4,245,200 4,031,200
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Deferred contract costs$164,100K (12.40%↑ Y/Y)Cash and cashequivalents$153,900K (-70.45%↓ Y/Y)Prepaid expenses$58,000K (19.10%↑ Y/Y)Accounts receivable$51,300K (63.90%↑ Y/Y)Income tax receivable$20,600K Inventory$1,500K (7.14%↑ Y/Y)Funds held for clients$2,624,600K (17.11%↑ Y/Y)Current assets beforefunds held for clients$449,400K (-39.94%↓ Y/Y)Total current assets$3,074,000K (2.83%↑ Y/Y)Long-term deferredcontract costs$872,800K (7.75%↑ Y/Y)Property and equipment,net$669,000K (17.97%↑ Y/Y)Operating leaseright-of-use assets$86,200K (10.65%↑ Y/Y)Goodwill$51,900K (0.00%↑ Y/Y)Intangible assets, net$34,000K (-24.78%↓ Y/Y)Other assets$33,800K (8.68%↑ Y/Y)Total assets$4,821,800K (5.45%↑ Y/Y)Total liabilities andstockholders equity$4,821,800K (5.45%↑ Y/Y)Total liabilities$4,010,100K (40.44%↑ Y/Y)Total stockholdersequity$811,700K (-52.73%↓ Y/Y)Treasury stock, at cost(17.1 and 8.8 shares at...$2,469,400K (137.08%↑ Y/Y)Accumulated othercomprehensive earnings (loss)-$600K (-500.00%↓ Y/Y)Total currentliabilities$2,839,500K (14.39%↑ Y/Y)Total long-termliabilities$1,170,600K (213.67%↑ Y/Y)Retained earnings$2,393,800K (19.36%↑ Y/Y)Additional paid-in capital$887,300K (17.87%↑ Y/Y)Common stock, 0.01 parvalue (100.0 shares...$600K (0.00%↑ Y/Y)Client fundsobligation$2,624,700K (17.19%↑ Y/Y)Current liabilitiesbefore client funds...$214,800K (-11.42%↓ Y/Y)Long-term debt$675,000K Deferred income taxliabilities, net$306,600K (113.36%↑ Y/Y)Long-term deferredrevenue$121,700K (2.70%↑ Y/Y)Long-term operating leaseliabilities$60,000K (-0.83%↓ Y/Y)Other long-termliabilities$7,200K (-85.74%↓ Y/Y)Accrued expenses andother current...$87,700K (19.97%↑ Y/Y)Accrued payroll andvacation$42,600K (-8.39%↓ Y/Y)Deferred revenue$32,300K (6.95%↑ Y/Y)Operating leaseliabilities$28,600K (36.19%↑ Y/Y)Accrued commissions andbonuses$14,200K (-27.55%↓ Y/Y)Accounts payable$9,400K (3.30%↑ Y/Y)