| Stage | PCTY | % of rev | MSFT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $445M | 100.00% | $92.3B | 100.00% | MSFT ×207.49 |
| Gross profit | $300M | 67.54% | $62.6B | 67.79% | MSFT +0.3pp |
| Operating income | $84M | 18.98% | $45.9B | 49.76% | MSFT +30.8pp |
| Pre-tax income | $85M | 19.15% | $46.0B | 49.80% | MSFT +30.6pp |
| Net income | $60M | 13.56% | $36.6B | 39.69% | MSFT +26.1pp |
| Stage | PCTY | MSFT | Gap · A − B |
|---|---|---|---|
| Revenue | $445M100.00% | $92.3B100.00% | MSFT ×207.49 |
| Gross profit | 67.54%$300M | 67.79%$62.6B | MSFT +0.3pp |
| Operating income | 18.98%$84M | 49.76%$45.9B | MSFT +30.8pp |
| Pre-tax income | 19.15%$85M | 49.80%$46.0B | MSFT +30.6pp |
| Net income |
| 13.56%$60M |
| 39.69%$36.6B |
| MSFT +26.1pp |
PCTY · ZVIA 10-KFeb 25 '26
“We rely on key third-party, cloud-based systems for critical business operations, such as NetSuite, an enterprise resource planning system used for executing purchase orders and other key operational and accounting transactions; Microsoft 365 for document storing, sharing and collaboration; as well as other platforms, including Paylocity, to manage activities including, but not limited to, payroll and personnel data.”
MSFT · ZVIA 10-KFeb 25 '26
“We rely on key third-party, cloud-based systems for critical business operations, such as NetSuite, an enterprise resource planning system used for executing purchase orders and other key operational and accounting transactions; Microsoft 365 for document storing, sharing and collaboration; as well as other platforms, including Paylocity, to manage activities including, but not limited to, payroll and personnel data.”