Paylocity sees Q4 revenue $385.5M-$390.5M, consensus $381.79M

Fourth Quarter 2025: Recurring and other revenue is expected to be in the range of $358.1 million to $363.1 million, which represents approximately 11% growth over fiscal year 2024 fourth quarter recurring and other revenue. Total revenue is expected to be in the range of $385.5 million to $390.5 million, which represents approximately 9% growth over fiscal year 2024 fourth quarter total revenue. Adjusted EBITDA, a non-GAAP measure, is expected to be in the range of $118.7 million to $122.7 million. Adjusted EBITDA excluding interest income on funds held for clients, a non-GAAP measure, is expected to be in the range of $91.3 million to $95.3 million.