Paylocity Holdng (PCTY)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,097,000 | 960,786 | 807,559 | 565,649 | 416,329 |
| Revenue | US$ in thousands | 1,595,220 | 1,402,520 | 1,174,600 | 852,651 | 635,627 |
| Gross profit margin | 68.77% | 68.50% | 68.75% | 66.34% | 65.50% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,097,000K ÷ $1,595,220K
= 68.77%
The gross profit margin of Paylocity Holding has demonstrated an overall upward trend over the period from June 30, 2021, to June 30, 2025. Starting at 65.50% in 2021, it increased slightly to 66.34% in 2022, indicating a modest improvement in the company's ability to generate gross profit from its revenue. This positive trajectory continued into 2023, with the gross margin reaching 68.75%, signifying a notable enhancement in operational efficiency or pricing strategies that contributed to higher gross profits relative to sales.
In the subsequent two years, the gross profit margin experienced minimal fluctuations, with a marginal decline to 68.50% in 2024, followed by a slight rise to 68.77% in 2025. These changes suggest a stabilization of gross profitability levels after the earlier significant gain, reflecting maintained operational efficiency and potential stability in revenue and cost management.
Overall, the progression of the gross profit margin points to a consistent improvement over the analyzed period, highlighting the company's effectiveness in managing its direct costs relative to revenue, and indicating a potentially strengthening competitive position within its industry.
Peer comparison
Jun 30, 2025