PAYC · 10-Q · 2026Q3 · Full report

Market Demand Trends

Paycom Software, Inc. · 2026-11-05 · Importance 48 · Surprise 40

Recurring and other revenues increased 10.3% year over year to $1,568.5 million in the nine months ended September 30, 2026. Growth reflected new clients, additional applications and services sold to existing clients, increased usage of existing products and services, and pricing strategies. Client attrition, particularly among smaller clients, partially offset those growth drivers.

Key facts

• Paycom stated that labor-market changes can affect its results because certain offerings are sensitive to changes in the number of employees at client companies, while inflation and interest-rate changes influence client hiring practices and revenues. source