Paycom beats third quarter 2026 estimates with 10% growth and raised full-year outlook

Paycom Software reported third quarter 2026 results that outperformed consensus expectations, driven by a 10.2% expansion in total revenue. Strong adoption of automated decisioning logic within the platform continues to shift client workflows toward higher-margin self-service models.

Key Highlights

• Total revenue of $543.8 million exceeded the $497.12 million estimate, marking a resilient double-digit growth rate.
• Non-GAAP diluted EPS reached $3.37, representing a significant beat against the $2.37 analyst consensus.
• Recurring revenue reached $519.3 million, up 11.3% year-over-year and comprising 95.5% of total top-line results.
• Management raised FY2026 revenue guidance to a midpoint of $2.2155 billion, citing continued ROI realized by clients from platform automation features.