PAYC · 10-Q · 2026Q3 · Full report
Interest Expense Increase
Paycom Software, Inc. · 2026-11-05 · Importance 69 · Surprise 64 · Matches filing data
Third-quarter 2026 interest expense increased to $11.7 million from $1.1 million a year earlier, while nine-month interest expense rose to $26.2 million from $2.7 million. The increases were primarily due to the timing and amount of borrowings outstanding under the Revolving Credit Facility. Paycom borrowed $900.0 million under the facility during the first nine months of 2026 and repaid $150.0 million, leaving $750.0 million outstanding at September 30, 2026.
Key facts
- Paycom reported interest expense of $11.7 million for the three months ended September 30, 2026, up 959.8%, and $26.2 million for the nine months, up 885.5%. source
- Paycom’s interest expense increased in the three and nine months ended September 30, 2026, primarily due to the timing and amount of borrowings outstanding under the Revolving Credit Facility. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -4.3% | Paycom reported interest expense of $11.7 million for the three months ended September 30, 2026, up 959.8%, and $26.2 million for the nine… |
| net_income | negative | realized | -1.9% | Paycom reported interest expense of $11.7 million for the three months ended September 30, 2026, up 959.8%, and $26.2 million for the nine… |