Points North Reports 33% Recurring Revenue Growth, Launches WageIQ Platform
Recurring revenue acceleration and market-leading product innovation position company for sustained growth as construction compliance becomes more complex
Minneapolis, MN — September 10, 2026 — Points North, a provider of certified payroll and union payroll compliance software, today announced results for the first half of 2026, highlighting 33% year-over-year recurring revenue growth, strong performance across all business lines, and the full launch of WageIQ, a new platform for prevailing wage determination, certified payroll reporting, and union payroll compliance.
The first half of 2026 represented continued momentum and demonstrated Points North's ability to scale efficiently while executing product innovation that directly addresses client needs. The company achieved 15% new customer sales growth across all products, with partner-driven revenue growing 20% year over year, reinforcing the company’s focus on channel partnerships. The April launch of WageIQ contributed significantly to second-quarter momentum and positions Points North to capture market opportunity in an increasingly complex regulatory environment.
"Our first-half results demonstrate our team’s ability to execute, scale and enter new territory as an organization," said Keith Pelatowski, CEO of Points North. "Sustaining that momentum requires us to attract top talent, balance speed to market with discipline, and continue leveraging artificial intelligence to gain efficiency and scale more effectively. We are confident in our plans for the remainder of 2026 and 2027, particularly around our product roadmap commitments."
Product Innovation Supports Growth
Points North strengthened its position in certified payroll and prevailing wage compliance with several product enhancements in 2026. The launch of WageIQ expanded the company’s ability to address pre-payroll challenges and the complexity of payroll in the construction trades. Greater configurability and expanded calculation capabilities are helping a growing client base manage prevailing wage calculations, union wage and fringe management, intelligent rate selection, and multi-jurisdiction support.
Pelatowski noted, "Product innovation remains core to our strategy, enabling clients to stay ahead of regulatory changes while keeping their teams focused on their core business."
Managed Services Revenue Surges 55%
The Managed Services offering from Points North continued to grow in 2026, with revenue increasing 55% year over year. Organizations increasingly seek comprehensive, turnkey compliance support and the Points North model delivers end-to-end solutions, including certified payroll report generation and submission, wage rate sourcing, and ongoing compliance management. This offering reduced administrative burden for client teams while allowing Points North to deepen client relationships and expand lifetime value.
ACA Compliance Growth
The ACA product line experienced record growth, with the highest number of forms filed in the first quarter of 2026. With a combination of automated software and experienced compliance specialists, Points North helped its growing client base navigate the complex 2025 filing and backfiling requirements.
Looking Ahead
Points North is positioned to continue investing in product innovation, partner enablement, and customer support as organizations face increasing complexity across prevailing wage, union payroll, certified payroll reporting, and ACA compliance. Bringing on 8 news hires in 2026, Points North expects to grow its employee base by 10% by the end of 2026. Points North is confident in its ability to sustain growth momentum through 2026 and into 2027.
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About Points North
Established in 1994, Points North has provided compliance solutions across all 50 states. Our solutions function as a bridge between payroll and benefit systems by streamlining the transfer of data. Our compliance, reporting, and time and attendance solutions are designed to help payroll and human resource leaders solve complex data issues, with the goal of improving workflows, saving time, and keeping clients focused on their strategic initiatives. For more information, visit www.points-north.com.
