Paycom Software, Inc. announced its financial results for the second quarter ended June 30, 2025, reporting total revenues of $483.6 million. This represents a 10.5% increase year-over-year and exceeded Wall Street's revenue expectations.
The company also reported non-GAAP earnings per share of $2.06, surpassing analysts' consensus estimates. Paycom founder, CEO, and chairman Chad Richison stated that the company delivered very strong results and is raising its growth and margin targets for 2025.
Paycom raised its forecast for annual revenue and profit, projecting full-year 2025 total revenue to be approximately 8% year-over-year growth at the midpoint and an adjusted EBITDA margin of approximately 42% at the midpoint. This upward revision is attributed to the addition of AI features accelerating demand for its employee management services and robust new client additions.
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