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Paylocity (PCTY) - KPIs | Sterling

Metric	FY 2024	FY 2025	FY 2026
Clients excluding acquisitions	39,050	41,650	44,400
Average revenue per client (USD)	32,800	35,300	37,200
Recurring and other revenue ($M)	1,281.68	1,471.801	1,651.362
Year-end term-contract minimum-fee RPO ($M)	76.978	146.873	237.614
Annual revenue retention	>92%	>92%	>92%

Average revenue per client

Clients (excluding acquisitions)

Interest income on funds held for clients

Recurring and other revenue

Term-contract minimum-fee RPO

Employees