Paylocity Holding CorporationPCTYNASDAQ
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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+9.6%
5Y CAGR+23.0%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+9.6%/yr
vs +34.4%/yr prior
5Y CAGR
+23.0%/yr
Recent deceleration
Acceleration
-24.8pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.8x
Strong expansion
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
TTM$215.78M+4.8%
2025$205.85M+15.4%
2024$178.33M+8.7%
2023$163.99M+59.4%
2022$102.91M+34.2%
2021$76.71M+22.2%
2020$62.77M+24.7%
2019$50.33M+33.7%
2018$37.65M+29.4%
2017$29.10M-