)
Paylocity (PCTY) investor relations material
Paylocity Barclays 23rd Annual Global Technology Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance and guidance
Achieved 14% recurring revenue growth and 12% total revenue growth in Q1 FY26, with raised guidance for both revenue and profitability.
Continued active share repurchases in Q1 and plan to remain active throughout the year.
Macro and demand environment remain stable, with client workforce levels slightly up year-over-year.
Raised long-term financial targets due to significant progress in EBITDA, free cash flow leverage, and gross margin expansion.
Confident in multi-year improvement of financial profile, supported by AI and automation efficiencies.
Market trends and demand environment
Demand for HCM and HR software remains durable and non-discretionary, with stable client retention and win rates.
Success in both existing and new client acquisition, with strong engagement at the Elevate virtual conference.
Industry growth in HCM is high single digits, with company outpacing market through unit growth and higher average revenue per client.
Expansion upmarket to larger clients (500–5,000+ employees) is a key growth driver.
Clients increasingly value integrated platforms over best-of-breed point solutions, especially as AI adoption grows.
Product innovation and AI strategy
AI is embedded across all products, with significant investment in AI and automation to drive operational efficiency.
Launched next-gen AI Assistant, seeing strong year-over-year adoption and usage, improving client engagement and retention.
AI capabilities extend beyond navigation to agentic recommendations, such as shift scheduling and learning path curation.
Integration of finance and IT offerings (via Airbase acquisition) differentiates the platform, with early positive reception and multi-year adoption targets.
Ongoing investment in R&D outpaces revenue growth, supporting product and sales team effectiveness.
Next Paylocity earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)