Paycom Reports Strong Q3 2026 Results with Increased Full-Year Guidance
Paycom Software, Inc. (PAYC) delivered robust third-quarter 2026 financial results, characterized by a 10.2% increase in total revenue to $543.8 million. The company's growth was primarily driven by high demand for automation and human capital management solutions, with recurring revenue accounting for over 95% of the quarterly total. Significant operational efficiencies led to a 74% year-over-year increase in diluted Non-GAAP EPS to $3.37. Following strong performance throughout the first nine months of the year, Paycom raised its full-year Adjusted EBITDA guidance to between $1.069 billion and $1.079 billion. The company also highlighted successful integration of AI solutions, noting a 65% increase in 'I Want Engagement' usage since late 2025. Despite these gains, management cautioned that the upcoming fourth quarter may face tougher year-over-year comparisons.
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