UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-36393 Paycom Software, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...

Paycom Software, Inc. (NYSE:PAYC) Q3 2021 Earnings Conference Call November 2, 2021 5:00 PM ET Company Participants James Samford – Head of Investor Relations Chad Richison – President and CEO Craig Boelte – CFO Conference Call Participants Raimo Lenschow – Barclays Samad Samana – Jefferies Brad Reback – Stifel Mark Marcon – Baird Michael Rackers – Needham Matt Diamond – Mizuho Bryan Bergin – Cowen Alan – Fools Research Robert Symons – DA Davidson Barvin Chow – Deutsche Bank Operator Good day and thank y ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-36393 Paycom Software, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Paycom Software, Inc. (NYSE:PAYC) Q2 2021 Earnings Conference Call August 3, 2021 5:00 PM ET Company Participants James Samford - IR Chad Richison - President and CEO Craig Boelte - CFO Conference Call Participants Raimo Lenschow - Barclays Samad Samana - Jeffries Brad Reback - Stifel Mark Marcon - Baird Daniel Jester - Citi Brian Schwartz - Oppenheimer Michael Rackers - Needham Matt Diamond - Mizuho Bryan Bergin - Cowen Operator Thank you for standing by and welcome to the Paycom Software Second Quarter 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-36393 Paycom Software, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0957485 (State or o ...

Paycom Software's (NYSE:PAYC) Q1 2021 Earnings Conference Call May 4, 2021 5:00 PM ET Company Participants James Samford - Investor Relations Chad Richison - President and Chief Executive Officer Craig Boelte - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Samad Samana - Jefferies Daniel Jester - Citi Brian Schwartz - Oppenheimer Robert Simmons - RBC Josh - Needham Ami Mehta - Mizuho Bryan Bergin - Cowen Josh Beck - KeyBanc Arvind Ramnani - Piper Sandler Alex Zukin - Wolfe R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36393 Paycom Software, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0957485 (State or other jurisdiction ...

Financial Data and Key Metrics Changes - Paycom reported Q4 2020 revenue of $221 million, a 14% increase compared to Q4 2019, and full-year revenue of $841 million, also up 14% year-over-year [10][22]. - Adjusted EBITDA for Q4 2020 was $84.2 million, representing 38.1% of total revenues, compared to 40.6% in Q4 2019 [27]. - The company maintained an annual revenue retention rate of 93% despite pandemic-related challenges [10]. Business Line Data and Key Metrics Changes - Recurring revenue for Q4 2020 was $216.7 million, accounting for 98% of total revenues, and grew 14% year-over-year [24]. - The total adjusted gross profit for Q4 was $188.9 million, with an adjusted gross margin of 85.5%, up 20 basis points from the prior year [24]. - Adjusted total administrative expenses for Q4 were $119.1 million, compared to $98.6 million in Q4 2019 [25]. Market Data and Key Metrics Changes - Paycom ended 2020 with approximately 31,000 clients, a growth rate of 17% compared to 2019 [23]. - The company has a market share of roughly 5% in a large and expanding Human Capital Management (HCM) Total Addressable Market (TAM) [12]. Company Strategy and Development Direction - Paycom aims to reach $1 billion in revenue in 2021, driven by the digital transformation in the HCM industry and a shift towards self-service solutions [8][9]. - The company plans to continue aggressive marketing investments to fuel future revenue growth [12][25]. - Paycom is focusing on expanding its product offerings, including the rollout of the Better Employee Transaction Interface (BETI) for payroll automation [15][96]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that Q1 2021 will be the last quarter impacted by the pandemic, with expectations for strong fundamental growth thereafter [35]. - The company remains focused on providing world-class service, developing new technologies, and increasing the number of new clients [20][21]. - Management noted that the pandemic revealed the strengths of their solutions compared to disparate systems in the market [19]. Other Important Information - Paycom's headcount increased by 12% year-over-year to approximately 4,200 employees, with a continued focus on hiring high-quality talent [17]. - The company repurchased approximately 433,000 shares for about $115 million in 2020, with $135 million remaining in its buyback program [31]. Q&A Session Summary Question: How does the company view linearity in Q2, Q3, and Q4? - Management indicated that guidance for Q2 through Q4 is consistent with historical guidance and does not include any assumptions about recovery in the back half of the year [40][41]. Question: What insights were gained from the inside sales model during the pandemic? - Management noted that the inside sales model was already in place and has proven effective, leading to efficiencies that will be maintained moving forward [44]. Question: How did the mix of new customers look in 2020? - The company added more customers in 2020 than in 2019, with success in both small and larger business segments [46][50]. Question: What is the outlook for retention rates in 2021? - Management expressed optimism about retention rates but does not provide specific guidance on this metric [86]. Question: Can you quantify the impact of fewer W-2s in Q1? - Management estimated a headwind of $6 million to $7 million in Q1 due to fewer forms filed as a result of reduced employee counts in affected industries [81][84].

Financial Data and Key Metrics Changes - Q3 revenue reached $196.5 million, representing a 12.3% increase year-over-year, driven by strong new business wins [21][10] - Adjusted EBITDA for Q3 was $67.5 million, or 34.3% of total revenues, compared to $66.6 million or 38% in the prior year [25][26] - GAAP net income for Q3 was $27.5 million, or $0.47 per diluted share, down from $39.2 million or $0.67 per diluted share in the prior year [26][28] - Non-GAAP net income for Q3 was $40.6 million, or $0.70 per diluted share, slightly down from $41.1 million in the prior year [28] Business Line Data and Key Metrics Changes - Recurring revenue for Q3 was $192.7 million, accounting for 98% of total revenue [22] - Adjusted total administrative expenses increased to $113.3 million from $94.4 million in Q3 2019 [22] - Adjusted sales and marketing expenses rose to $58.3 million, or 29.7% of revenues, up from $46.7 million in the prior year [23] Market Data and Key Metrics Changes - The company holds less than 5% market share in the human capital management market, indicating significant growth potential [9] - The average daily balance of funds held for clients was approximately $1.1 billion in Q3 2020 [29] Company Strategy and Development Direction - The company plans to continue aggressive spending on advertising to fuel future revenue growth [11] - Focus remains on providing world-class service, rapidly developing new technologies, and increasing the number of new clients [16][32] - The digital transformation for businesses is accelerating, and the company is expanding its market share [18] Management's Comments on Operating Environment and Future Outlook - Management noted that the pandemic has stabilized the impact on pre-pandemic client revenue, with no significant changes expected without a catalyst [40] - The company anticipates strong revenue growth in 2021, despite the ongoing pandemic challenges [49] - Management expressed confidence in the ability to deliver stronger full-year revenue growth next year based on current trends [17] Other Important Information - The company ended Q3 with cash and cash equivalents of $156 million and total debt of $31 million [29] - The effective income tax rate for Q4 is expected to be approximately 29% [27] Q&A Session Summary Question: Insights on new business momentum - Management reported record highs in bookings, leads, and new business sales, indicating strong momentum [34][35] Question: Impact of COVID on employee counts - Management clarified that the impact on pre-COVID client employee counts remains stable, with no significant changes expected [39][40] Question: New client additions and bookings - Management confirmed that new client additions are exceeding previous averages, with strong revenue generation [46][47] Question: Future revenue growth expectations - Management expressed confidence in returning to strong growth numbers in 2021, with a stable revenue base established [49] Question: Stimulus impact on business recovery - Management indicated that while stimulus could help bridge gaps for struggling businesses, the company is focused on controllable factors for growth [54][56] Question: Inside sales team performance - Management highlighted the success of the inside sales team, which has been fully staffed and focused on smaller businesses [58][59] Question: Implementation pace and sales capacity - Management noted that implementation timelines have stabilized and that sales capacity is being continuously evaluated [90][92] Question: Margin trajectory and cost savings - Management discussed the impact of reduced travel and entertainment costs but emphasized that revenue growth remains the primary focus for margin improvement [99][100]

Paycom Software, Inc. (NYSE:PAYC) Q2 2020 Earnings Conference Call August 4, 2020 5:00 PM ET Company Participants James Samford - IR Chad Richison - President and CEO Craig Boelte - CFO Conference Call Participants Raimo Lenschow - Barclays Samad Samana - Jefferies Mark Marcon - Baird Brad Zelnick - Credit Suisse Daniel Jester - Citi Brian Schwartz - Oppenheimer Robert Simmons - RBC Capital Markets Arvind Ramnani - Piper Sandler Operator Ladies and gentlemen, thank you for standing by and welcome to the Pay ...