Paylocity is a provider of cloud-based payroll and human capital management software solutions for medium-sized organizations. The Company's multi-tenant software platform includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management. Paylocity's payroll and HCM applications use a unified database and provide robust on-demand reporting and analytics. The Company's platform provides intuitive self-service functionality for employees and managers combined with seamless integration across all its solutions. Paylocity supplements its comprehensive software platform with an integrated implementation and client service organization, all of which are designed to meet the needs of medium-sized organizations.

Company Growth (employees)
Type
Public
HQ
Arlington Heights, US
Size (employees)
1,800 (est)
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
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 44 other locations
Arlington Heights, US (HQ)
3850 N Wilke Rd
Springfield Township, US
21 Fadem Rd
Rochester, US
49 Russell St
Nashua, US
20 Trafalgar Square
Boise, US
400 250 S 5th St
Schaumburg, US
1400 American Ln
Show all (47)

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.
USD

Revenue (FY, 2016)

230.7 m

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

51%

Gross profit (FY, 2016)

132.6 m

Gross profit margin (FY, 2016), %

57%

Net income (FY, 2016)

(3.9 m)

EBIT (FY, 2016)

(3.6 m)

Market capitalization (15-Aug-2017)

2.5 b

Cash (30-Jun-2016)

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

Revenue

108.7 m152.7 m230.7 m

Revenue growth, %

40%51%

Cost of goods sold

55.1 m70.9 m98.1 m

Gross profit

53.6 m81.8 m132.6 m

Gross profit Margin, %

49%54%57%

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

EBIT

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

EBIT margin, %

(6%)(9%)(2%)

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)
USDQ1, 2014Q2, 2014Q3, 2015

Revenue

31.1 m34.3 m47.3 m

Cost of goods sold

15.5 m18 m19.3 m

Gross profit

15.7 m16.3 m28 m

Gross profit Margin, %

50%47%59%

Sales and marketing expense

9.1 m9.4 m12.7 m

R&D expense

4 m5.3 m5.1 m

General and administrative expense

7.4 m8.1 m8.6 m

Operating expense total

20.6 m22.7 m26.3 m

EBIT

(4.9 m)(6.5 m)1.7 m

EBIT margin, %

(16%)(19%)4%

Pre tax profit

(4.8 m)(6.4 m)1.8 m

Income tax expense

(28 k)34 k(4 k)

Net Income

(4.9 m)(11.3 m)(9.5 m)
USDFY, 2014FY, 2015FY, 2016

Cash

78.8 m81.3 m86.5 m

Accounts Receivable

756 k1.1 m1.7 m

Inventories

28.8 m

Current Assets

500.3 m678.8 m1.3 b

PP&E

13.1 m16.1 m26.8 m

Goodwill

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

Total Liabilities

1.3 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
USDQ1, 2014Q2, 2014Q3, 2015

Cash

72.8 m89.5 m93.2 m

Accounts Receivable

799 k1 m1.1 m

Current Assets

509.6 m952.3 m831.4 m

PP&E

14 m15.2 m15.7 m

Goodwill

3 m3 m3 m

Total Assets

538.7 m982.4 m862.4 m

Accounts Payable

1.5 m3.4 m2.1 m

Current Liabilities

445.1 m873.7 m749.7 m

Additional Paid-in Capital

128.8 m150.6 m152.5 m

Retained Earnings

(39 m)(45.5 m)(43.7 m)

Total Equity

89.8 m105.1 m108.9 m

Financial Leverage

6 x9.3 x7.9 x
USDFY, 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
USDQ1, 2014Q2, 2014Q3, 2015

Net Income

(4.9 m)(11.3 m)(9.5 m)

Depreciation and Amortization

1.9 m4.2 m6.2 m

Accounts Receivable

(85 k)(345 k)(403 k)

Accounts Payable

(245 k)697 k359 k

Cash From Operating Activities

(200 k)849 k10.2 m

Purchases of PP&E

(2.5 m)(4.2 m)(6.3 m)

Cash From Investing Activities

(20.8 m)(449.2 m)(326.2 m)

Long-term Borrowings

(313 k)(1.6 m)

Cash From Financing Activities

15 m459 m330.4 m

Interest Paid

48 k70 k

Income Taxes Paid

2 k26 k28 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

92%92%92%

    Paylocity Market Value History

    Paylocity Revenue Breakdown

    Paylocity Job Categories

    Traffic Overview of Paylocity

    Paylocity Online and Social Media Presence

    Paylocity Company Life and Culture

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