Private company

PAYCOR HCM, INC.

American prepackaged software services company, incorporated in Delaware1

In its 2024 annual report the company says: “We are a leading Software-as-a-Service provider of human capital management solutions for small and medium-sized businesses. Our comprehensive suite of solutions enables organizations to streamline HCM and payroll workflows and achieve regulatory compliance while serving as the single, secure system of record for all employee data. Our highly flexible, scalable, and extensible platform offers award-winning ease-of-use with an intuitive user experience and deep third-party integrations, all augmented by industry-specific domain expertise.”5 It is headquartered in Cincinnati, Ohio.1

Last updated Oct 20, 2026.

Overview

$602.4MRevenue, fiscal 20242
-$58.9MNet income, fiscal 20242
  • IndustryServices-Prepackaged Software1
  • HeadquartersCincinnati, Ohio1
  • Incorporated inDE3
  • Business address4811 Montgomery Road, Cincinnati, Oh 452123
  • Filer categoryLarge accelerated filer3

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Paycor HCM, Inc., a Delaware corporation (“Paycor HCM”), was incorporated in August 2018 to serve as a holding company in connection with the acquisition of the Company (the “Apax Acquisition”) by certain funds (the “Apax Funds”) advised by Apax Partners LLP (“Apax Partners”) in 2018. Paycor HCM completed an initial public offering (“IPO”) of its common stock in July 2021. Paycor HCM, Inc. and its subsidiaries are referred to collectively as the “Company,” “Paycor HCM,” “we,” “us,” or “our,” unless the context requires otherwise.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

71.7%Gross margin2
-9.2%Operating margin2
-9.8%Net margin2
16.1%Revenue growth, 20242
-4.6%Return on equity2
0.00×Debt to equity2
$86.5MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue37¢$223.2M
  • Research and development10¢$61.4M
  • Other costs53¢$317.0M
  • Income tax0¢$773.0K

Out of $602.4M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending4¢$3.5M
  • Kept or used elsewhere96¢$86.5M

Out of $90.0M of cash from operations.2

Financial statements

Revenue672$602.4M in 2024+90% since 2020
0$200.0M$400.0M$600.0M$800.0M2020: $317.6M$317.6M20202021: $351.0M$351.0M2021+10%2022: $427.0M$427.0M2022+22%2023: $518.9M$518.9M2023+22%2024: $602.4M$602.4M2024+16%
Gross profit672$431.7M in 2024+129% since 2020
0$200.0M$400.0M$600.0M2020: $188.2M$188.2M20202021: $198.3M$198.3M2021+5%2022: $261.2M$261.2M2022+32%2023: $365.6M$365.6M2023+40%2024: $431.7M$431.7M2024+18%
Operating income672-$55.5M in 2024−41% since 2020
-$150.0M-$100.0M-$50.0M02020: -$94.7M-$94.7M20202021: -$89.3M-$89.3M2021−6%2022: -$139.6M-$139.6M2022+56%2023: -$104.7M-$104.7M2023−25%2024: -$55.5M-$55.5M2024−47%
Net income672-$58.9M in 2024−35% since 2020
-$150.0M-$100.0M-$50.0M02020: -$90.2M-$90.2M20202021: -$96.9M-$96.9M2021+7%2022: -$119.6M-$119.6M2022+23%2023: -$93.2M-$93.2M2023−22%2024: -$58.9M-$58.9M2024−37%
Fiscal year2018201920202021202220232024
Revenue$317.6M6$351.0M7$427.0M2$518.9M2$602.4M2
Cost of revenue$139.7M6$154.5M7$168.2M2$187.1M2$223.2M2
Gross profit$188.2M6$198.3M7$261.2M2$365.6M2$431.7M2
Research and development$45.9M6$36.0M7$43.1M2$54.3M2$61.4M2
Operating expenses$400.8M2$470.2M2$487.2M2
Operating income-$94.7M6-$89.3M7-$139.6M2-$104.7M2-$55.5M2
Interest$1.8M6$2.5M7$541.0K7$4.6M7
Income before tax-$138.6M2-$104.7M2-$59.7M2
Income tax-$20.2M6-$20.8M7-$30.6M2-$11.4M2-$773.0K2
Net income-$90.2M6-$96.9M7-$119.6M2-$93.2M2-$58.9M2
Earnings per share-$0.596-$0.667-$0.692-$0.532-$0.332
Earnings per share (diluted)-$0.596-$0.667-$0.692-$0.532-$0.332
Shares (weighted, basic)172.6M shares2176.0M shares2177.7M shares2
Shares (weighted, diluted)172.6M shares2176.0M shares2177.7M shares2

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Corporate structure

PAYCOR HCM, INC. sits at the top of its group. 9 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of PAYCOR HCM, INC.

  • Pride Aggregator, LP Filed SCHEDULE 13G/A on PAYCOR HCM, INC., latest Apr 15, 2025 (5 filings since Feb 11, 2022)
  • PAYCOR HCM, INC. Cincinnati, Ohio
    • Hunter Top Sub Ltd. Subsidiary · Israel
    • Nimble Software Systems, Inc. Subsidiary · Delaware, United States
    • Paltech Solutions, Inc. Subsidiary · British Columbia, Canada
    • Paycor Headquarters, LLC Subsidiary · Ohio, United States
    • Paycor Insurance Agency, LLC Subsidiary · Ohio, United States
    • Paycor, Inc. Subsidiary · Delaware, United States
    • Pride Guarantor, Inc. Subsidiary · Delaware, United States
    • Talenya Ltd. Subsidiary · Israel

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PAYCOR HCM, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$176.5M2 Jun 30, 2024$125.7M2 Jun 30, 2023+40.4%
Property and equipment, before depreciation$55.4M7 Jun 30, 2023$48.6M7 Jun 30, 2022+14.0%
Accumulated depreciation$20.8M7 Jun 30, 2023$16.9M7 Jun 30, 2022+22.9%
Property and equipment, net$34.6M7 Jun 30, 2023$31.7M7 Jun 30, 2022+9.1%
Finance-lease assets$2.8M2 Jun 30, 2024$530.0K2 Jun 30, 2023+431.1%
Operating-lease assets (leased space)$14.4M2 Jun 30, 2024$16.8M2 Jun 30, 2023−14.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$118.0M2 Jun 30, 2024$95.2M2 Jun 30, 2023+23.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$766.7M2 Jun 30, 2024$767.7M2 Jun 30, 2023−0.1%
Finite-lived intangibles, gross$795.5M2 Jun 30, 2024$786.7M2 Jun 30, 2023+1.1%
Accumulated amortization$624.0M2 Jun 30, 2024$526.2M2 Jun 30, 2023+18.6%
Finite-lived intangibles, net$171.5M2 Jun 30, 2024$260.5M2 Jun 30, 2023−34.2%

Leadership

Who has led PAYCOR HCM, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Raul Villar Jr.2021–now

Chief financial officer

  1. Adam Brooks Ante2021–now
2025
Board members and other officers (12)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Hunter Top Sub Ltd. Israel4
  • Nimble Software Systems, Inc. Delaware4
  • Paltech Solutions, Inc. British Columbia4
  • Paycor Headquarters, LLC Ohio4
  • Paycor Insurance Agency, LLC Ohio4
  • Paycor, Inc. Delaware4
  • Pride Guarantor, Inc. Delaware4
  • Talenya Ltd. Israel4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • PRIDE PARENT, INC.Feb 25, 2021 to Apr 5, 20213

Timeline

  1. Apr 14, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer24
  2. Feb 27, 20258-K Other events25
  3. Feb 5, 20258-K Results of operations26
  4. Jan 7, 20258-K Entered a material agreement; Shareholder vote; Other events27
  5. Nov 6, 20248-K Results of operations28
  6. Oct 23, 20248-K Shareholder vote29
  7. Aug 14, 20248-K Results of operations30
  8. May 8, 20248-K Results of operations31
  9. Feb 7, 20248-K Results of operations32
  10. Jan 23, 20248-K Executive or director change33
  11. Nov 8, 20238-K Results of operations34
  12. Nov 1, 20238-K Shareholder vote35
  13. Jul 20, 2021New chief executive Raul Villar Jr. becomes CEO11

Calendar

When it reported results

  1. Feb 5, 2025Reported quarterly or annual results26
  2. Nov 6, 2024Reported quarterly or annual results28
  3. Aug 14, 2024Reported quarterly or annual results30
  4. May 8, 2024Reported quarterly or annual results31
  5. Feb 7, 2024Reported quarterly or annual results32
  6. Nov 8, 2023Reported quarterly or annual results34
  7. Aug 16, 2023Reported quarterly or annual results36
  8. May 10, 2023Reported quarterly or annual results37

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

255 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 23 major events, 181 insider forms, 5 large holders, 32 other. The latest 20:

  1. Apr 24, 202515-12G EDGAR
  2. Apr 15, 2025SCHEDULE 13G/A EDGAR
  3. Apr 15, 20254 EDGAR
  4. Apr 15, 20254 EDGAR
  5. Apr 15, 20254 EDGAR
  6. Apr 15, 20254 EDGAR
  7. Apr 15, 20254 EDGAR
  8. Apr 15, 20254 EDGAR
  9. Apr 15, 20254 EDGAR
  10. Apr 15, 20254 EDGAR
  11. Apr 15, 20254 EDGAR
  12. Apr 15, 20254 EDGAR
  13. Apr 15, 20254 EDGAR
  14. Apr 15, 20254 EDGAR
  15. Apr 15, 20254 EDGAR
  16. Apr 14, 20258-K EDGAR
  17. Apr 14, 2025POSASR EDGAR
  18. Apr 14, 2025S-8 POS EDGAR
  19. Apr 2, 20254 EDGAR
  20. Apr 2, 20254 EDGAR

The 255 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

33 open-market trades by officers, directors and large owners since October 2021: 8 buys and 25 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Oct 16, 2024Rishel JeremyDirectorSale3,723$14.02$52.2KForm 4
Oct 8, 2024Corr JonathanDirectorSale1,508$13.47$20.3KForm 4
Jul 8, 2024Corr JonathanDirectorSale1,508$13.19$19.9KForm 4
Jul 8, 2024Geene Alice LSee RemarksSale1,577$12.85$20.3KForm 4
Apr 4, 2024Geene Alice LSee RemarksSale1,577$18.39$29.0KForm 4
Apr 4, 2024Corr JonathanDirectorSale1,508$18.30$27.6KForm 4
Mar 6, 2024PRIDE GP, INC.10% ownerSale8,000,000$20.05$160.4MForm 4
Jan 19, 2024Geene Alice LSee RemarksSale1,428$20.15$28.8KForm 4
Jan 16, 2024Corr JonathanDirectorSale1,508$19.66$29.6KForm 4
Dec 6, 2023Pride Aggregator, LP10% ownerSale5,000,000$20.65$103.2MForm 4
Dec 1, 2023ANTE ADAM BROOKSChief Financial OfficerSale5,000$21.10$105.5KForm 4
Nov 20, 2023Corr JonathanDirectorSale7,260$20.43$148.3KForm 4
Nov 10, 2023MILLER SCOTT DAVIDDirectorBuy3,000$18.34$55.0KForm 4
Aug 22, 2023BOUCK WHITNEY MARILINNDirectorSale200$22.38$4.5KForm 4
Aug 21, 2023MILLER SCOTT DAVIDDirectorBuy3,000$22.42$67.3KForm 4
Jul 14, 2023Corr JonathanDirectorSale1,508$25.72$38.8KForm 4
May 23, 2023MILLER SCOTT DAVIDDirectorBuy3,000$22.19$66.6KForm 4
Apr 25, 2023Geene Alice LSee RemarksSale1,267$23.92$30.3KForm 4
Apr 4, 2023Corr JonathanDirectorSale1,509$24.81$37.4KForm 4
Feb 10, 2023MILLER SCOTT DAVIDDirectorBuy3,000$25.21$75.6KForm 4

All 33 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How PAYCOR HCM, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPAYCOR HCM, INC.1
  • CIK0001839439
  • Employer ID (EIN)83-18139091
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsJune 301
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address4811 Montgomery Road, Cincinnati, OH 452121
  • Phone(883) 957-27711
  • Shares outstanding181,771,948 as of Jan 29, 20259
  • Public float$1.5B as of Dec 31, 20232
  • On EDGAR sinceFeb 25, 20211
  • Filings311 in all: 4 (193), 8-K (27), 3 (16), 10-Q (11), CORRESP (8), 10-K (4), 424B7 (4), FWP (4)1
    All 34 form types

    UPLOAD (4), 144 (3), DEF 14A (3), S-1/A (3), SC 13G/A (3), 424B4 (2), ARS (2), DEFA14A (2), DRS (2), EFFECT (2), POSASR (2), S-1 (2), 15-12G (1), 25-NSE (1), 4/A (1), 8-A12B (1), CERT (1), DEFM14C (1), DRS/A (1), DRSLTR (1), PREM14C (1), S-3ASR (1), S-8 (1), S-8 POS (1), SC 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Aug 22, 2024
    Quarterly report (10-Q) Feb 6, 2025
    Proxy statement (DEF 14A) Sep 26, 2024
    Latest 8-K (8-K) Apr 14, 2025

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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