Paylocity Paylocity is a technology company that specializes in cloud-based human capital and payroll management. | ![]() The Access Group The Access Group (also known as Access Technology Group) is a company that provides business management software solutions. | Automatic Data Processing Automatic Data Processing (ADP) is a company that develops HR and payroll platforms. | Paycom Software Paycom Software is a company that provides HR and payroll automation software solutions. | ![]() Paycor Paycor is a company that develops human capital management (HCM), payroll, and talent software. | ||||
Founding Date | Founding Date 1997 | Founding Date 1945 | Founding Date 1991 | Founding Date 2016 | Founding Date 1949 | Founding Date 1998 | Founding Date 1971 | Founding Date 1990 |
Type | Type Public | Type Private | Type Private | Type Private | Type Public | Type Public | Type Public | Type Subsidiary |
Tags | ||||||||
Locations | Locations Chicago, US HQ Lake Mary, US Louisville, US Meridian, US New York, US Oakland, US Rochester, US see more | Locations Antwerpen, BE HQ Brussels, BE Milano, IT Quatre Bornes, MU Rotterdam, NL Utrecht, NL | Locations Charlotte, US HQ Allentown, US Dubuque, US Fremont, US Phoenix, US Sandy, US West Des Moines, US | Locations Roseland, US HQ Buenos Aires, AR Fortitude Valley, AU Mascot, AU Mulgrave, AU Anastácio, BR Porto Alegre, BR see more | Locations Oklahoma City, US HQ Arlington, US Atlanta, US Atlanta, US Austin, US Baltimore, US Boston, US see more | Locations Cincinnati, US HQ Fort Collins, US Jacksonville, US Lenexa, US Akron, US Atlanta, US Austin, US see more | ||
Employees | Employees 6,10015% increase | Employees 3,7261% increase | Employees 6,504 | Employees 1,6122% increase | Employees 67,0005% increase | Employees 7,30815% increase | Employees 16,5001% decrease | Employees 2,9004% increase |
Valuation ($) | Valuation ($) 9.8 b | Valuation ($) N/A | Valuation ($) 1.4 b | Valuation ($) N/A | Valuation ($) 110.7 b | Valuation ($) 9.6 b | Valuation ($) 46.9 b | Valuation ($) N/A |
Financial | ||||||||
Revenue (est.) | Revenue (est.) $1.6b (FY, 2025) | Revenue (est.) €858.1m (FY, 2021) | Revenue (est.) £618.4m (FY, 2022) | Revenue (est.) N/A | Revenue (est.) $20.6b (FY, 2025) | Revenue (est.) $2.1b (FY, 2025) | Revenue (est.) $5.6b (FY, 2025) | Revenue (est.) $602.4m (FY, 2024) |
Cost of goods | Cost of goods $498.2m (FY, 2025) | Cost of goods €131.8m (FY, 2021) | Cost of goods £138.6m (FY, 2022) | Cost of goods N/A | Cost of goods $11.1b (FY, 2025) | Cost of goods $345.4m (FY, 2025) | Cost of goods $1.5b (FY, 2025) | Cost of goods $223.2m (FY, 2024) |
Gross profit | Gross profit $1.1b (FY, 2025) | Gross profit €726.3m (FY, 2021) | Gross profit £479.8m (FY, 2022) | Gross profit N/A | Gross profit $9.5b (FY, 2025) | Gross profit $1.7b (FY, 2025) | Gross profit $4b (FY, 2025) | Gross profit $379.2m (FY, 2024) |
Net income | Net income $227.1m (FY, 2025) | Net income €46.8m (FY, 2021) | Net income £21.6m (FY, 2022) | Net income N/A | Net income $4.1b (FY, 2025) | Net income N/A | Net income $1.7b (FY, 2025) | Net income ($58.9m) (FY, 2024) |
Operating ⚠ | ||||||||
Annual Revenue Retention Rate | Annual Revenue Retention Rate 0.9 (FY, 2023) | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate 0.9 (FY, 2022) | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A |
Average Client Funds Balances | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances $41.7b (Q3, 2024) | Average Client Funds Balances N/A | Average Client Funds Balances $5.4b (Q2, 2024) | Average Client Funds Balances N/A |
Customers | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers 36.6 k (FY, 2022) | Customers N/A | Customers 30.8 k (Q1, 2024) |
Enterprise Customers | Enterprise Customers 36.2 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers 100 k (Aug, 2023) | Enterprise Customers N/A | Enterprise Customers 1 m (FY, 2023) | Enterprise Customers N/A | Enterprise Customers 740 k (FY, 2023) | Enterprise Customers N/A |
Funding | ||||||||
Total funding raised | Total funding raised $ 10m | Total funding raised N/A | Total funding raised $ 123.5m | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 270m |
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