PAYC · 8-K · 20260805PR335105
Interest Rate Environment
Paycom Software, Inc. · 2026-08-05 · Importance 69 · Surprise 64 · From source text
Paycom’s outlook includes approximately $105 million of interest on funds held for clients for the year ending December 31, 2026. Quarterly interest on funds held for clients was $26.0 million, compared with $28.5 million in the second quarter of 2025. The company also reported $10.5 million of quarterly interest expense versus $0.8 million a year earlier, reflecting the new debt position.
Key facts
- Paycom's guidance includes Interest on funds held for clients of approximately $105 million for the year ending December 31, 2026. source
- Interest expense for the three months ended June 30, 2026: $10.5 million, compared to $0.8 million in the same period last year. source
- Interest on funds held for clients revenue decreased from $28.5 million in the three months ended June 30, 2025 to $26.0 million in the three months ended June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -16.8% | Paycom's guidance includes Interest on funds held for clients of approximately $105 million for the year ending December 31, 2026. |
| net_income | negative | realized | -1.8% | Interest expense for the three months ended June 30, 2026: $10.5 million, compared to $0.8 million in the same period last year. |