Core Insights - Paylocity Holding is an American SaaS company specializing in payroll, HR, and human capital management, founded in 1997 and went public in 2014 [1] Company Overview - The company has shown stock performance since its IPO in 2014, indicating its growth trajectory in the SaaS sector [1] Investment Focus - The analysis emphasizes a qualitative approach to investing, particularly in small-cap companies that exhibit both long-term growth potential and special situations [1]

Core Insights - Paylocity Holding Corporation has entered into a partnership with the NHL's Vegas Golden Knights as their Official Human Capital Management (HCM) Partner, aiming to enhance HR operations and employee experience [1][2] - The partnership will provide Paylocity with brand exposure across the Golden Knights' platforms, aligning with a trend of tech companies leveraging sports sponsorships for branding and client acquisition [2] - Paylocity specializes in cloud-based HR, payroll, finance, and IT solutions, focusing on automating human capital workflows for small to mid-sized businesses [3]

Core Insights - Rain has announced a new integration with Paylocity, enhancing its earned wage access (EWA) services for over 41,650 clients using Paylocity's payroll platform [1][2][5] - The integration aims to provide employees with easier access to their earned wages, helping to alleviate financial stress and reduce reliance on predatory financial products [1][2][6] Company Overview - Rain is a leading provider of earned wage access solutions, serving over 3.5 million employees and facilitating more than $3 billion in early wage access [6] - The company focuses on employee financial wellness and aims to eliminate payday loans and predatory financial products [6] Integration Features - The integration allows eligible employees to access up to 50% of their gross earnings before payday while maintaining responsible usage limits [4] - Key employee details and timekeeping data are automatically pulled from Paylocity, streamlining the process for employers [4] - Employees can access their earned wages through Rain's mobile app, with free ACH transfers and optional instant access for a fee [4] - At the end of each pay period, earned wage adjustments are automatically sent back to Paylocity for inclusion in regular payroll, ensuring no disruption to payroll operations [4] Market Context - According to the Financial Health Pulse 2024 U.S. Trends Report, 70% of American households are experiencing financial difficulties, prompting employers to seek new benefits like earned wage access [2] - The partnership with Paylocity follows Rain's $75 million Series B financing, indicating strategic growth in the financial wellness space [5]

Core Viewpoint - Paylocity Holding Corporation has scheduled a conference call to discuss its first quarter fiscal 2026 results on November 4, 2025, at 4:00 pm Central Time [1] Group 1: Conference Call Details - The conference call will be accessible via a live webcast on the Company's "Investor Relations" page [2] - Dial-in details for the call will be provided through a specific link [2] - A replay of the call will be available and archived via webcast on the Company's website [2] Group 2: Company Overview - Paylocity is a leading provider of cloud-based HR, finance, and IT solutions, headquartered in Schaumburg, IL [3] - The company was founded in 1997 and has been publicly traded since 2014 [3] - Paylocity offers a unified platform that automates HR and payroll processes, helping businesses attract and retain talent [3] - The company is recognized for its unique culture and is consistently rated as one of the best places to work [3]

Core Insights - Paylocity has been named the Official Human Capital Management (HCM) Partner of the Vegas Golden Knights, marking a multi-year partnership aimed at enhancing HR operations and employee experience [1][2]. Company Overview - Paylocity, headquartered in Schaumburg, IL, is a provider of cloud-based HR, finance, and IT solutions, recognized for its innovative technology and workplace culture [5]. - The company has been publicly traded since 2014 and focuses on automating HR and payroll processes to help businesses attract and retain talent [5]. Partnership Details - The collaboration will allow the Golden Knights to utilize Paylocity's HR technology to streamline operations, enabling the HR team to concentrate on building culture and supporting talent [2][4]. - The partnership is built on shared values of performance, innovation, and teamwork, aiming to enhance both on-ice performance and organizational efficiency [3][4]. Brand Impact - The sponsorship will increase Paylocity's visibility across the Golden Knights' brand platforms, reinforcing its commitment to organizations that prioritize efficiency and teamwork [3].

Core Insights - Paylocity has entered a five-year partnership with the New York Islanders and UBS Arena, becoming the team's Official Human Capital Management (HCM) Partner [1] - The partnership aims to streamline back-office operations for the Islanders through Paylocity's HR and payroll solutions, allowing the team to focus on strategic priorities [2] - Paylocity's charitable initiative, Paylocity Gives, will support the Islanders' Recycle the Game program, promoting youth hockey by redistributing used equipment [3] Company Overview - Paylocity, headquartered in Schaumburg, IL, is a provider of cloud-based HR, finance, and IT solutions, known for its unified platform that automates HR and payroll processes [5] - Founded in 1997 and publicly traded since 2014, Paylocity is recognized for its workplace culture and has been awarded as one of the best places to work [5] Partnership Details - The partnership emphasizes a shared commitment to innovation and community impact between Paylocity and the Islanders [4] - Paylocity's solutions will enhance operational efficiency for the Islanders while also broadening the impact of community programs [4] Venue Information - UBS Arena, home to the New York Islanders, is a state-of-the-art venue that has hosted over 3 million guests and 350+ events since its opening in November 2021 [6] - The arena is designed with fan-first amenities and has achieved sustainability certifications, including Zero Waste TRUE Silver and LEED Green Building Certification [7]

Core Insights - Paylocity has launched an advanced AI Assistant that transforms user inquiries into immediate actions, enhancing efficiency by reducing unnecessary clicks and streamlining workflows [1][3]. Company Overview - Paylocity is a cloud-based provider of HR, finance, and IT solutions, headquartered in Schaumburg, IL, and has been publicly traded since 2014 [6]. AI Assistant Features - The AI Assistant acts as a personal guide within Paylocity's unified platform, enabling users to quickly access answers and complete tasks [2]. - It is designed to provide contextual answers based on the user's current task, improving the overall user experience [2][3]. Performance Metrics - In the past year, the AI Assistant has successfully answered over 1.2 million questions, with usage of AI-powered features more than doubling year over year for three consecutive years [4]. User Testimonials - Users have reported significant time savings and improved efficiency, with the AI Assistant allowing for quick access to information such as vacation balances and headcount management [5].

Core Insights - Paylocity Holding Corporation (PCTY) is facing challenges, including a 12% year-to-date decline and competitive pressures from acquisitions in the industry, notably Thoma Bravo's $12.3 billion acquisition of Dayforce [2][4] - Citizens JMP has reaffirmed a 'Market Outperform' rating for PCTY with a price target of $270, highlighting the company's strong market position and growth potential despite current challenges [2] - PCTY has entered a multi-year sponsorship with the Chicago Bulls, becoming the team's Official HCM Software Partner, which will enhance its brand visibility and community engagement [3] Company Overview - Paylocity provides cloud-based HR, finance, and IT solutions aimed at automating processes and enhancing workplace culture, which helps businesses attract, retain, and empower employees [4] - The company is currently listed among stocks recommended for sale, indicating potential concerns regarding its investment attractiveness compared to other sectors, particularly AI stocks [4][5]

Core Insights - Paylocity has entered a multi-year sponsorship partnership with the Chicago Bulls, focusing on performance, innovation, and community commitment [1][4] - As the Official HCM Software Partner, Paylocity will enhance the Bulls' HR and payroll operations, simplifying payroll and automating processes [2][3] Company Overview - Paylocity, headquartered in Schaumburg, IL, is a provider of cloud-based HR, Finance, and IT solutions, publicly traded since 2014 [5] - The company is recognized for its user-friendly product suite that aids businesses in automating HR processes and fostering employee engagement [5] Community Engagement - The partnership includes a community initiative, an all-girls youth basketball clinic for players aged 7 to 17, promoting sports access and mentorship [3] - Both organizations emphasize the importance of investing in people and community programs to create lasting connections and growth opportunities [4]

Core Insights - Paylocity Holding Corporation (PCTY) reported fourth-quarter fiscal 2025 non-GAAP earnings of $1.56 per share, exceeding the Zacks Consensus Estimate by 13.04% and reflecting a year-over-year increase of 5.4% [1][8] - The company's revenues rose 12% year over year to $400.7 million, surpassing the Zacks Consensus Estimate by 3.10% [1][8] Revenue Breakdown - The top-line growth was driven by a 13.9% increase in Recurring and other revenues, which accounted for 92.3% of total revenues, reaching $369.9 million [2] - Interest income on funds held for clients, representing 7.7% of total revenues, declined 5.2% year over year to $30.9 million [2] Quarterly Financial Performance - Paylocity's adjusted gross profit was $296.7 million, up 14.2% from the previous year, with an adjusted gross margin expansion of 130 basis points to 74.1% [3] - Non-GAAP operating income increased 9.7% year over year to $105.6 million, while the non-GAAP operating margin contracted 60 basis points to 26.4% [3] - Adjusted EBITDA rose 8.8% from the year-ago quarter to $130.7 million, with an adjusted EBITDA margin down 100 basis points to 32.6% [3][8] Balance Sheet and Cash Flow - As of June 30, 2025, Paylocity's cash and cash equivalents were $398.1 million, down from $477.8 million as of March 31, 2025 [4] - Long-term debt totaled $162.5 million due to borrowings for the acquisition of Airbase, with approximately $162.5 million repaid during the second half of fiscal year 2025 [4] - Cash flow from operations for fiscal year 2025 was $418.2 million, compared to $331.7 million for the first nine months of the fiscal year [5] - Non-GAAP free cash flow was $342.8 million as of June 30, 2025, up from $278.5 million as of March 31, 2025 [5] Guidance - For the first quarter of fiscal 2026, Paylocity expects total revenues of $397.5-$402.5 million, indicating a 10% growth from the previous year [6] - For fiscal 2026, total revenues are projected between $1.707 billion and $1.722 billion, implying an 8% growth from the prior year [6]