Cover	12 Months Ended
Cover	Dec. 31, 2025
Document Information [Line Items]
Document Type	DEF 14A
Amendment Flag	false
Entity Information [Line Items]
Entity Registrant Name	Paycom Software, Inc.
Entity Central Index Key	0001590955

Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2025

USD ($)

Dec. 31, 2024

USD ($)

Dec. 31, 2023

USD ($)

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance

The following table provides information regarding the compensation paid to our NEOs fo

r the

fiscal years ended December 31, 2025, 2024, 2023, 2022 and 2021 and certain measures of Company performance for such periods.



Year	Summary Compensation Table Total for PEO 1(1) ($)		Summary Compensation Table Total for PEO 2(1) ($)		Compensation Actually Paid to PEO 1(2) ($)			Compensation Actually Paid to PEO 2(2) ($)		Average Summary Compensation Table Total for Non-PEO NEOs(3) ($)		Average Compensation Actually Paid to Non-PEO NEOs(2)(3) ($)		Value of Initial Fixed $100 Investment Based on:				Net Income ($)		Adjusted EBITDA(6) ($)		Revenue ($)
Year	Summary Compensation Table Total for PEO 1(1) ($)		Summary Compensation Table Total for PEO 2(1) ($)		Compensation Actually Paid to PEO 1(2) ($)			Compensation Actually Paid to PEO 2(2) ($)						Company TSR(4) ($)		Peer Group TSR(5) ($)		Net Income ($)		Adjusted EBITDA(6) ($)		Revenue ($)

2025		22,837,152		—		18,203,057			—		4,572,043		1,445,937		35.95		180.77		453,395,554		882,256,951		2,051,699,520

2024		3,454,117		12,088,037		(65,630,983	)		(1,049,574)		4,104,572		2,664,852		45.91		163.58		502,007,687		775,442,119		1,883,150,778

2023		3,118,606		—		(110,909,644	)		—		13,564,401		5,935,253		45.93		141.38		340,787,923		719,302,774		1,693,673,771

2022		3,138,418		—		(149,491,892	)		—		4,755,734		2,468,497		68.61		93.85		281,389,330		579,711,116		1,375,217,646

2021		2,958,410		—		62,994,260			—		7,891,945		3,323,073		91.81		127.38		195,960,264		419,286,728		1,055,523,820

(1)	“PEO 1” is Chad Richison. “PEO 2” is Chris G. Thomas. Messrs. Richison and Thomas served as Co-Chief Executive Officers, or Co-PEOs, from February 7, 2024 to May 29, 2024. Mr. Richison was the sole PEO for 2025, 2023, 2022 and 2021. Mr. Thomas was a non-PEO NEO for 2023.

(2)

The amounts reported in this column represent “compensation actually paid” to each PEO and the other

NEO

s (on average), as applicable, as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for 2025 were adjusted as follows:


	2025
	PEO 1			Non-PEO NEOs (average)

Summary Compensation Table Total ($)		22,837,152			4,572,043

Adjustments

Stock/Unit Awards ($)		(18,386,226	)		(2,917,591	)

Fair Value of Equity Awards ($)

Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		13,752,131			1,811,001

Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		—			(471,036	)

Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		—			3,403

Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			239,452

Change in Fair Value of Awards Granted in Prior Years that Failed to Vest		—			(1,791,335	)

Total Adjustments for Fair Value of Equity Awards ($)		13,752,131			(208,515	)

Compensation Actually Paid ($)		18,203,057			1,445,937

Equity awards granted to our PEOs and other NEOs during 2025 included (i) RSAs, (ii) RSUs, (iii) PSAs with vesting tied to the achievement of a specified VWAP Value, and (iv) PSUs with vesting tied to achievement of total revenue performance goals. To estimate the fair value of the PSAs, we considered the historical performance for the Company over the realized performance period, and then simulated the stock prices for the Company over the remaining performance period. We considered the risk-free rates as of the measurement dates and the equity volatilities for the Company as of the measurement dates using an approach consistent with the grant date fair value analysis.

(3)

For 2025, the

non-PEO

NEOs were Messrs. Hadlock, Foster, Peck, Boelte and Smith and Ms. Walker. For 2024, the

non-PEO

NEOs were Messrs. Boelte, Smith and Peck, Jason Clark, Ms. Walker and Holly Faurot. For 2023, the

non-PEO

NEOs were Messrs. Boelte, Thomas, Smith and Clark and Ms. Faurot. For 2022, the

non-PEO

NEOs were Messrs. Boelte and Smith, Jon Evans, Justin Long and Ms. Faurot. For 2021, the

non-PEO

NEOs were Messrs. Boelte, Smith, Evans and York and Ms. Faurot. The amounts reported in this column represent

e average of the amounts reported in the “Total” column of the Summary Compensation Table for the

non-PEO

NEOs in the applicable year.

(4)	The amounts reported in this column reflect the Company’s cumulative TSR as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2020.

(5)	The amounts reported in this column reflect the cumulative TSR of the S&P 500 Software & Services Index as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2020.

(6)

We define adjusted EBITDA as net income plus interest expense, taxes, depreciation and amortization,

non-cash

stock-based compensation expense, certain transaction expenses that are not core to our operations (if any), the change in fair value of our interest rate swap (if any) and any loss on the extinguishment of debt, less any gain on modification of the naming rights agreement.

Company Selected Measure Name

adjusted EBITDA

Named Executive Officers, Footnote

(3)

For 2025, the

non-PEO

NEOs were Messrs. Hadlock, Foster, Peck, Boelte and Smith and Ms. Walker. For 2024, the

non-PEO

NEOs were Messrs. Boelte, Smith and Peck, Jason Clark, Ms. Walker and Holly Faurot. For 2023, the

non-PEO

NEOs were Messrs. Boelte, Thomas, Smith and Clark and Ms. Faurot. For 2022, the

non-PEO

NEOs were Messrs. Boelte and Smith, Jon Evans, Justin Long and Ms. Faurot. For 2021, the

non-PEO

NEOs were Messrs. Boelte, Smith, Evans and York and Ms. Faurot. The amounts reported in this column represent

e average of the amounts reported in the “Total” column of the Summary Compensation Table for the

non-PEO

NEOs in the applicable year.

Peer Group Issuers, Footnote

(5)	The amounts reported in this column reflect the cumulative TSR of the S&P 500 Software & Services Index as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2020.

Adjustment To PEO Compensation, Footnote

(2)

The amounts reported in this column represent “compensation actually paid” to each PEO and the other

NEO

s (on average), as applicable, as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for 2025 were adjusted as follows:


	2025
	PEO 1			Non-PEO NEOs (average)

Summary Compensation Table Total ($)		22,837,152			4,572,043

Adjustments

Stock/Unit Awards ($)		(18,386,226	)		(2,917,591	)

Fair Value of Equity Awards ($)

Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		13,752,131			1,811,001

Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		—			(471,036	)

Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		—			3,403

Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			239,452

Change in Fair Value of Awards Granted in Prior Years that Failed to Vest		—			(1,791,335	)

Total Adjustments for Fair Value of Equity Awards ($)		13,752,131			(208,515	)

Compensation Actually Paid ($)		18,203,057			1,445,937

Non-PEO NEO Average Total Compensation Amount

$ 4,572,043

$ 4,104,572

$ 13,564,401

$ 4,755,734

$ 7,891,945

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,445,937

2,664,852

5,935,253

2,468,497

3,323,073

Adjustment to Non-PEO NEO Compensation Footnote

(2)

The amounts reported in this column represent “compensation actually paid” to each PEO and the other

NEO

s (on average), as applicable, as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for 2025 were adjusted as follows:


	2025
	PEO 1			Non-PEO NEOs (average)

Summary Compensation Table Total ($)		22,837,152			4,572,043

Adjustments

Stock/Unit Awards ($)		(18,386,226	)		(2,917,591	)

Fair Value of Equity Awards ($)

Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		13,752,131			1,811,001

Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		—			(471,036	)

Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		—			3,403

Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			239,452

Change in Fair Value of Awards Granted in Prior Years that Failed to Vest		—			(1,791,335	)

Total Adjustments for Fair Value of Equity Awards ($)		13,752,131			(208,515	)

Compensation Actually Paid ($)		18,203,057			1,445,937

Equity Valuation Assumption Difference, Footnote

Compensation Actually Paid vs. Total Shareholder Return

The following chart shows, for the years ended December 31, 2021, 2022, 2023, 2024 and 2025,

the relationship between (i) the compensation actually paid to our PEO(s) and the compensation actually paid, on average, to our other NEOs, and (ii) each of (x) our cumulative TSR and (y) the cumulative TSR of the peer group:

Compensation Actually Paid vs. Net Income

The following chart shows, for the years ended D

ece

mber 31, 2021, 2022, 2023, 2024 and 2025, the relationship between (i) the compensation actually paid to our PEO(s) and the compensation actually paid, on average, to our other NEOs, and (ii) each of (x) our net income, (y) our adjusted EBITDA and (z) our revenue:

Compensation Actually Paid vs. Company Selected Measure

The following chart shows, for the years ended D

ece

Total Shareholder Return Vs Peer Group

The following chart shows, for the years ended December 31, 2021, 2022, 2023, 2024 and 2025,

Tabular List, Table

The following table contains the most important financial measures used to link executive co

mpen

sation actually paid, for the year ended December 31, 2025, to the Company’s performance.

Most Important Financial Performance Measures

Revenue

Adjusted EBITDA

Total Shareholder Return Amount

$ 35.95

45.91

45.93

68.61

91.81

Peer Group Total Shareholder Return Amount

180.77

163.58

141.38

93.85

127.38

Net Income (Loss)

$ 453,395,554

$ 502,007,687

$ 340,787,923

$ 281,389,330

$ 195,960,264

Company Selected Measure Amount

882,256,951

775,442,119

719,302,774

579,711,116

419,286,728

Measure:: 1

Pay vs Performance Disclosure

Compensation Actually Paid vs. Other Measure

The following chart shows, for the years ended D

ece

Other Performance Measure, Amount

2,051,699,520

1,883,150,778

1,693,673,771

1,375,217,646

1,055,523,820

Name

Revenue

Measure:: 2

Pay vs Performance Disclosure

Name

Adjusted EBITDA

Chad Richison [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 22,837,152

$ 3,454,117

$ 3,118,606

$ 3,138,418

$ 2,958,410

PEO Actually Paid Compensation Amount

$ 18,203,057

(65,630,983)

$ (110,909,644)

$ (149,491,892)

$ 62,994,260

PEO Name

Chad Richison

Chris G. Thomas [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

12,088,037

PEO Actually Paid Compensation Amount

$ (1,049,574)

PEO Name

Chris G. Thomas

PEO | Chad Richison [Member] | Equity Awards Adjustments

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 13,752,131

PEO | Chad Richison [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

13,752,131

PEO | Chad Richison [Member] | Stock/Unit Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(18,386,226)

Non-PEO NEO | Equity Awards Adjustments

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(208,515)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,811,001

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(471,036)

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

239,452

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

3,403

Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,791,335)

Non-PEO NEO | Stock/Unit Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (2,917,591)

Award Timing Disclosure	12 Months Ended
Award Timing Disclosure	Dec. 31, 2025
Award Timing Disclosures [Line Items]
Award Timing MNPI Disclosure	Equity Award Timing Policy We do not currently grant awards of stock options, stock appreciation rights, or similar option-like instruments. Accordingly, we have no specific policy or practice on the timing of such awards in relation to the disclosure of material non-public information by the Company. If in the future we determine to grant new awards of options, stock appreciation rights or similar option-like instruments, we will establish a policy regarding the timing of such awards in relation to the disclosure of material non-public information, and the Board will evaluate the appropriate steps to take in relation to the foregoing.
Award Timing Predetermined	true

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true