Paycom Software, Inc.PAYCNYSE
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+24.1%
5Y CAGR+25.7%
Year-over-Year Change

Research and development spending

3Y CAGR
+24.1%/yr
vs +33.8%/yr prior
5Y CAGR
+25.7%/yr
Consistent
Acceleration
-9.7pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.1x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$283.40M+16.8%
2024$242.60M+21.9%
2023$199.00M+34.2%
2022$148.30M+25.2%
2021$118.43M+31.2%
2020$90.24M+23.5%
2019$73.08M+58.0%
2018$46.25M+52.0%
2017$30.43M+45.1%
2016$20.97M-