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Paycom Software’s Strategic Shift — Automation, In-App Buying & Buybacks Drive The Next Phase!

Paycom Software, Inc. reported solid financial results for the second quarter of 2026, with total revenue reaching $531 million, a 10% increase year-over-year, and recurring and other revenue up 11% to $505 million. The company’s performance was broad-based across its product offerings, reflecting consistent demand and increased client satisfaction driven by its automated HR and payroll platform. Paycom achieved GAAP net income of $107 million, a 20% rise, or $2.34 per diluted share. On a non-GAAP basis, net income was $128 million or $2.78 per diluted share. Adjusted EBITDA came in at $235 million, representing a 44.2% margin, marking a 320 basis point expansion year-over-year. The company’s automation strategy appears to remain central to its growth and profitability, with CEO Chad Richison noting improved return on investment for clients due to ongoing enhancements and new product launches.