Paylocity Holding Corporation vs Workday, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsHR Tech
Data as of Q1 2026
Summary Verdict
PCTY: 1—WDAY: 4wins
Rule of 40
27.3PCTY
37.2WDAY
check_circleWDAY leads
Revenue Growth
12.6%PCTY
18.1%WDAY
check_circleWDAY leads
Gross Margin
75%PCTY
98%WDAY
check_circleWDAY leads
FCF Margin
14.7%PCTY
19.2%WDAY
check_circleWDAY leads
Operating Margin
25.9%PCTY
11.6%WDAY
check_circlePCTY leads
NRR
—PCTY
—WDAY
Metric
Rule of 40Efficiency score
PCTY
27.3
WDAY
37.2check_circle
Revenue GrowthYoY
PCTY
12.6%
WDAY
18.1%check_circle
Gross Margin% of revenue
PCTY
75%
WDAY
98%check_circle
FCF MarginFree cash flow
PCTY
14.7%
WDAY
19.2%check_circle
Operating MarginGAAP
PCTY
25.9%check_circle
WDAY
11.6%
NRRNet retention
PCTY
N/A
WDAY
N/A
EV / RevenueValuation multiple
PCTY
4.8xcheck_circle
WDAY
5.3x
Market CapUSD
PCTY
$8.2B
WDAY
$51.3Bcheck_circle
ARR GrowthYoY
PCTY
N/A
WDAY
N/A
CAC PaybackMonths to recover
PCTY
N/A
WDAY
N/A
insights
Analysis
As of Q1 2026, Paylocity Holding Corporation trades at 4.8x EV/Revenue versus Workday, Inc. at 5.3x. On the Rule of 40, Paylocity Holding Corporation scores 27.3 compared to Workday, Inc.'s 37.2, placing Workday, Inc. ahead in operating efficiency. Gross margins stand at Paylocity Holding Corporation 75% vs Workday, Inc. 98%.
Sector Context
Both companies operate in the HR Tech sector. The median columns above show where each company stands relative to their peers.