v3.26.1
Employee Savings Plan and Employee Stock Purchase Plan
6 Months Ended
Jun. 30, 2026
Compensation Related Costs [Abstract]  
Employee Savings Plan and Employee Stock Purchase Plan
9.
EMPLOYEE SAVINGS PLAN AND EMPLOYEE STOCK PURCHASE PLAN

Employees who meet eligibility requirements may participate in our employee savings plan (401(k) plan). Matching contributions were $3.2 million and $8.3 million for the three and six months ended June 30, 2026, respectively. Matching contributions were $4.2 million and $10.4 million for the three and six months ended June 30, 2025, respectively.

Eligible employees may participate in the Paycom Software, Inc. Employee Stock Purchase Plan (the “ESPP”), which allows employees to purchase shares of the Company’s common stock through payroll deductions at a price equal to 85% of the fair market value of the shares on the exercise date. During the six months ended June 30, 2026, eligible employees purchased 40,864 shares of common stock under the ESPP, all of which were issued from treasury stock. During the six months ended June 30, 2025, eligible employees purchased 35,284 shares of common stock under the ESPP, all of which were purchased in the open market.