Since 1997, Paylocity has been providing innovative payroll services and human resource software solutions to employees and businesses across America. As America's leading independent provider of online payroll and HR solutions, Paylocity has twice been named "Service Bureau of the Year" by the Independent Payroll Providers Association (IPPA). Additionally Paylocity has been named three times by Inc. Magazine as being amongst the nation's fastest-growing, privately held companies. More importantly, Paylocity has maintained an average 97% client retention rate for 10 years running, a true testament to their client commitment and payroll and human resource software solutions.

Company Growth (employees)
Arlington Heights, US
Size (employees)
1,800 (est)+37%
Paylocity is headquartered in Arlington Heights, US

Key People at Paylocity

Steve Beauchamp

Steve Beauchamp

President & CEO
Rob Goldstein

Rob Goldstein

VP of Technical Services
Michael Haske

Michael Haske

Senior Vice President of Sales and Marketing
Grant Garris

Grant Garris

VP of Client Services
Ted Gaty

Ted Gaty

SVP of Product and Technology
Jay Schedler

Jay Schedler

VP of Human Resources

Paylocity Office Locations

Paylocity has offices in Arlington Heights, Lake Mary, Oakland, New York and in 81 other locations
Arlington Heights, US (HQ)
3850 N Wilke Rd
New York, US
809 115 W 29th St
Oakland, US
C 2107 Livingston St
Lake Mary, US
300 615 Crescent Executive Ct

Paylocity Data and Metrics

Paylocity Financial Metrics

Paylocity's revenue was reported to be $230.7 m in FY, 2016 which is a 51% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

230.7 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

132.6 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(3.9 m)

EBIT (FY, 2016)

(3.6 m)

Market capitalization (22-Jun-2017)

2.5 b

Closing share price (22-Jun-2017)


Cash (30-Jun-2016)

86.5 m
Paylocity's current market capitalization is $2.5 b.
FY, 2014FY, 2015FY, 2016


108.7 m152.7 m230.7 m

Revenue growth, %


Cost of goods sold

55.1 m70.9 m98.1 m

Gross profit

53.6 m81.8 m132.6 m

Gross profit Margin, %


Sales and marketing expense

28.3 m43 m61.8 m

R&D expense

10.4 m19.9 m26.7 m

General and administrative expense

22 m32.8 m47.6 m

Operating expense total

60.6 m95.7 m136.2 m


(7 m)(13.9 m)(3.6 m)

EBIT margin, %


Pre tax profit

(6.9 m)(13.9 m)(3.7 m)

Income tax expense

255 k105 k177 k

Net Income

(7.1 m)(14 m)(3.9 m)
FY, 2014FY, 2015FY, 2016


78.8 m81.3 m86.5 m

Accounts Receivable

756 k1.1 m1.7 m


28.8 m

Current Assets

500.3 m678.8 m1.3 b


13.1 m16.1 m26.8 m


3 m6 m6 m

Total Assets

528.2 m720.5 m1.4 b

Accounts Payable

2.1 m1.3 m1.6 m

Current Liabilities

433.1 m609.5 m1.3 b

Additional Paid-in Capital

125.3 m155.7 m171.5 m

Retained Earnings

(34.2 m)(48.1 m)(52 m)

Total Equity

91.1 m107.6 m119.6 m

Financial Leverage

5.8 x6.7 x11.6 x
FY, 2014FY, 2015FY, 2016

Net Income

(7.1 m)(14 m)(3.9 m)

Depreciation and Amortization

6.3 m8.6 m13.9 m

Accounts Receivable

(78 k)(449 k)(725 k)

Accounts Payable

465 k(186 k)72 k

Cash From Operating Activities

71.3 m2.4 m5.2 m

Purchases of PP&E

(6.7 m)(9 m)(16.1 m)

Cash From Investing Activities

(78.8 m)(199.2 m)(673.4 m)

Long-term Borrowings

(1.6 m)(1.6 m)(1.6 m)

Cash From Financing Activities

142.9 m190.5 m645.6 m

Interest Paid

70 k70 k70 k

Income Taxes Paid

106 k162 k3 k
Y, 2016

Financial Leverage

11.6 x

Paylocity Operating Metrics

Paylocity's Enterprise Customers was reported to be 12.5 k in FY, 2016, which is a 21% increase from the previous period
FY, 2014FY, 2015FY, 2016

Enterprise Customers

8.5 k10.35 k12.5 k

Annual Revenue Retention Rate


    Paylocity Market Value History

    Paylocity Revenue Breakdown

    Paylocity Job Categories

    Paylocity Online and Social Media Presence

    Paylocity Company Life and Culture

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