Paylocity reported fourth-quarter fiscal 2026 non-GAAP net income of $1.84 per share, beating the Zacks Consensus Estimate by 19.48% and rising 17.9% year over year. Total revenues increased 11% to $444.7 million, surpassing estimates by 3.18%, driven by a 12.4% increase in recurring and other revenues to $415.6 million, which accounted for roughly 93% of total revenues. Interest income on funds held for clients, about 7% of total revenues, declined 5.6% to $29.1 million. Adjusted EBITDA rose 11.3% to $145.5 million, and the company provided fiscal 2027 total revenue guidance of $1.88 billion to $1.895 billion, implying approximately 7% growth.
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