Company / Cost of Revenue
Paylocity Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$498.2M
FY2025
5-year range
$153.9M / $498.2M
FY2021-FY2025
Trend
+12.8%
vs FY2024
Sector context
#201 of 245
Industrials
What the data says
Paylocity's cost of revenue of $498M is lower than 82% of companies in the Industrials sector (FY2025). Cost of Revenue has increased for 9 consecutive years, from $55M in FY2016 to $498M in FY2025.
Based on SEC 10-K filings.
$498M in FY2025 with a 5-year CAGR of +27.3%.
Increased from $367M to $498M over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +39.9%
- 5-Year CAGR
- +27.3%
- 10-Year CAGR
- -
Sector benchmark
Top 18% in IndustrialsTop 18% of 245This company $498.2M Sector average $4.3B
▼
-88.5% below sector average
Key checks
Key Insights
- Paylocity's cost of revenue has grown for 9 consecutive years.
- 5-year CAGR of +27.3%, indicating consistent growth.
- In FY2025, cost of revenue increased 12.8% year-over-year.
- Ranks #201 out of 245 companies in the Industrials sector.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 0.98 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $498.2M | +12.8% |
| FY2024 | $441.7M | +20.3% |
| FY2023 | $367.0M | +101.7% |
| FY2022 | $182.0M | +18.3% |
| FY2021 | $153.9M | +3.1% |
| FY2020 | $149.2M | +20.3% |
| FY2019 | $124.0M | +26.4% |
| FY2018 | $98.1M | +38.4% |
| FY2017 | $70.9M | +28.7% |
| FY2016 | $55.1M | +38.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026