PAYC · 8-K · 20260805PR335105

Operating Expense Trends

Paycom Software, Inc. · 2026-08-05 · Importance 46 · Surprise 56 · No source text

Second-quarter total operating expenses declined to $362.7 million from $371.3 million, while revenue increased 9.8% year over year. Research and development expense fell 30.6% to $51.9 million from $74.8 million, and total research and development costs, including capitalized costs, declined to $67.6 million from $111.7 million. Sales and marketing expense increased 2.4% to $118.8 million, but declined to 22.4% of revenue from 24.0%. General and administrative expense increased 10.1% to $77.3 million, while total administrative expenses fell to 51.5% of revenue from 58.7%, partly reflecting lower stock-based compensation.

Key facts

• Research and development expenses for the three months ended June 30, 2026: $51.9 million (9.8% of revenues), down from $74.8 million in prior year period. source
• Total administrative expenses for the three months ended June 30, 2026: $273.6 million, down from $283.8 million in prior year period. source
• Sales and marketing expenses for the three months ended June 30, 2026: $118.8 million (22.4% of revenues). source
• General and administrative expenses for the three months ended June 30, 2026: $77.3 million. source

Impact estimates