Paycom Software posts strong Q2 with 10% revenue growth and raises 2026 outlook

Paycom Software reported a strong second quarter in 2026, with revenue increasing by 10% and earnings per share rising 48%, driven by operating leverage and share buybacks. The company raised its full-year 2026 guidance, now expecting 7–8% revenue growth and an improved adjusted EBITDA margin of 46%, reflecting solid business momentum and new product launches. Paycom continues to allocate capital opportunistically, funding aggressive share buybacks through free cash flow and some debt while maintaining moderate leverage. The positive outlook supports a Buy rating with expected annual returns of 12%, highlighting Paycom's superior growth potential compared to peers and efficient capital management.

Paycom Software shares are trading at USD 226.15 on Pluang, showing a slight increase of 0.04% as of Sep 18, 2026 19:44 WIB. The stock's market cap stands at $10.19 billion, reflecting steady investor interest amid the company’s recent strong performance.