Paycom Software ( (PAYC) ) has released its Q2 earnings. Here is a breakdown of the information Paycom Software presented to its investors.
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Paycom Software, Inc. is a leading provider of cloud-based human capital management software, offering automated HR and payroll technology solutions. In its second quarter of 2025 earnings report, Paycom announced a robust performance with revenues reaching $484 million, marking an 11% increase year-over-year. The company also reported a GAAP net income of $89 million, which is 19% of total revenues, and a non-GAAP net income of $117 million. Adjusted EBITDA was reported at $198 million, representing 41% of total revenues. Key highlights from the report include a significant increase in recurring and other revenues by 12.2% compared to the previous year, and a strong cash position with $532.2 million in cash and cash equivalents. The company also made strategic investments by repurchasing shares and paying dividends. Paycom’s innovative AI engine, IWant, is expected to further strengthen its market position. Looking forward, Paycom has raised its growth and margin targets for 2025, with a projected total revenue range of $2.045 billion to $2.055 billion, indicating continued confidence in its growth trajectory.