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Paylocity Holding (Paylocity Holding) Research & Development : $175 Mil (TTM As of Mar. 2024)


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What is Paylocity Holding Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Paylocity Holding's Research & Development for the three months ended in Mar. 2024 was $43 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $175 Mil.

Paylocity Holding Research & Development Historical Data

The historical data trend for Paylocity Holding's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paylocity Holding Research & Development Chart

Paylocity Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.33 62.77 76.71 102.91 163.99

Paylocity Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.32 40.55 44.61 46.14 43.39

Paylocity Holding Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $175 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paylocity Holding  (NAS:PCTY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Paylocity Holding Research & Development Related Terms

Thank you for viewing the detailed overview of Paylocity Holding's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Paylocity Holding (Paylocity Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Paylocity Holding Corp (NAS:PCTY) » Definitions » Research & Development
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CDAY U BILL PCOR AZPN MANH DOCU GRAB SSNC ESTC CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
PCTY:Mexico 0P7:Germany 0P7:Germany
Address
1400 American Lane, Schaumburg, IL, USA, 60173
Website
https://www.paylocity.com
Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.
Executives
Ryan Glenn officer: CFO and Treasurer 1400 AMERICAN LANE, SCHAUMBERG IL 60173
Katherine Ross officer: Sr Vice President Operations 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Rachit Lohani officer: Chief Technology Officer 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Steven I Sarowitz director, 10 percent owner, officer: Executive Chairman 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Nicholas Rost officer: VP & Chief Accounting Officer 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Joshua Scutt officer: Senior Vice President Sales 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Linda M. Breard director 3600 136 PLACE SE, SUITE 300, BELLEVUE WA 98006
Jeffrey T Diehl director, 10 percent owner ONE NORTH WACKER DRIVE, SUITE 2200, CHICAGO IL 60606-2823
Toby J. Williams officer: Chief Financial Officer 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Bernard Robinson Kenneth director 9417 FOX CREEK LANE, MASON OH 45040
Steven R Beauchamp director, officer: President and CEO 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Mark S Kinsey officer: Senior VP of Operations 3850 N WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Michael R Haske officer: Senior VP of Sales & Marketing 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Andrew Cappotelli officer: Chief Accounting Officer 3850 N. WILKE RD, ARLINGTON HEIGHTS IL 60004