HR software maker Paylocity Q4 core profit beats estimates
Overview
Paylocity Q4 2025 rev grows 12% yr/yr, driven by client base expansion
Adjusted EBITDA for Q4 beats analyst expectations, per LSEG data
Co launches Paylocity for Finance, expanding platform into Office of CFO
Outlook
Paylocity expects Q1 2026 revenue between $397.5 mln and $402.5 mln
Company sees FY 2026 revenue between $1.707 bln and $1.722 bln
Paylocity forecasts Q1 2026 adjusted EBITDA between $131 mln and $135 mln
Company anticipates FY 2026 recurring revenue between $1.597 bln and $1.612 bln
Result Drivers
CLIENT BASE EXPANSION - Paylocity attributes revenue growth to a 7% increase in its client base
AVERAGE REVENUE PER CLIENT - Co reports growth driven by increased average revenue per client
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income |
| $48.60 mln |
|
Q4 Adjusted EBITDA | Beat | $130.70 mln | $121.40 mln (18 Analysts) |
Q4 Adjusted operating income | Beat | $105.60 mln | $99.10 mln (17 Analysts) |
Q4 Operating income |
| $66.20 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Paylocity Holding Corp is $220.00, about 16.5% above its August 4 closing price of $183.61
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 27 three months ago
Press Release: ID:nGNX3qxWrX
