Revenue and Revenue-Related Activity (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue

Disaggregation of Revenue


		Three Months Ended March 31,
		2025				2024
		(In millions)
Revenue:
Recurring services:
Dayforce recurring		$	323.1			$	282.4
Powerpay recurring			19.0				20.5
Other recurring			13.1				19.1
Float			55.3				60.7
Total recurring services			410.5				382.7
Professional services			71.3				48.8
Total revenue		$	481.8			$	431.5

Schedule of Changes in Contract Assets

The changes in total contract assets were as follows:


		Three Months Ended March 31,
		2025				2024
		(In millions)
Contract assets, beginning of period		$	100.2			$	89.0
Additions			22.9				22.4
Reductions			(22.6	)			(19.5	)
Foreign currency translation			0.5				(0.6	)
Contract assets, end of period		$	101.0			$	91.3

Schedule of Changes in Deferred Revenue

Deferred revenue primarily consists of payments received in advance of revenue recognition. The changes in deferred revenue were as follows:


		Three Months Ended March 31,
		2025				2024
		(In millions)
Deferred revenue, beginning of period		$	42.3			$	40.2
New billings			285.4				213.0
Acquired billings			—				8.6
Revenue recognized			(286.7	)			(215.4	)
Effect of exchange rate			(0.9	)			(0.9	)
Deferred revenue, end of period		$	40.1			$	45.5