Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
98.94
-1.90 (-1.88%)
At close: Oct 2, 2026, 4:00 PM EDT
99.20
+0.26 (0.26%)
After-hours: Oct 2, 2026, 7:30 PM EDT
Paychex Income Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Operating Revenue | 6,389 | 6,301 | 5,410 | 5,132 | 4,907 | 4,554 |
Other Revenue | 213.1 | 210.9 | 161.7 | 146.3 | 99.8 | 57.7 |
| 6,603 | 6,512 | 5,572 | 5,278 | 5,007 | 4,612 | |
Revenue Growth | 13.97% | 16.88% | 5.56% | 5.42% | 8.57% | 13.68% |
Cost of Revenue | 1,691 | 1,675 | 1,540 | 1,479 | 1,453 | 1,356 |
Gross Profit | 4,912 | 4,838 | 4,031 | 3,799 | 3,554 | 3,255 |
Selling, General & Admin | 2,277 | 2,265 | 1,702 | 1,625 | 1,521 | 1,415 |
Operating Expenses | 2,277 | 2,265 | 1,702 | 1,625 | 1,521 | 1,415 |
Operating Income | 2,635 | 2,573 | 2,329 | 2,174 | 2,033 | 1,840 |
Interest Expense | -266.4 | -269.5 | -105.4 | -37.3 | -36.7 | -36.6 |
Interest & Investment Income | 54.9 | 63.4 | 72.8 | 82.7 | 49.1 | 2.9 |
Other Non Operating Income (Expenses) | 2.1 | 6.5 | 0.8 | -1.5 | 2.7 | 18.1 |
EBT Excluding Unusual Items | 2,426 | 2,373 | 2,298 | 2,218 | 2,048 | 1,824 |
Merger & Restructuring Charges | -47.1 | -62.2 | -121.6 | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 0.2 |
Pretax Income | 2,378 | 2,311 | 2,176 | 2,218 | 2,048 | 1,825 |
Income Tax Expense | 572.4 | 550.8 | 518.6 | 527.6 | 490.9 | 431.8 |
Net Income | 1,806 | 1,760 | 1,657 | 1,690 | 1,557 | 1,393 |
Net Income to Common | 1,806 | 1,760 | 1,657 | 1,690 | 1,557 | 1,393 |
Net Income Growth | 11.92% | 6.20% | -1.96% | 8.55% | 11.81% | 26.91% |
Shares Outstanding (Basic) | 358 | 359 | 360 | 360 | 360 | 361 |
Shares Outstanding (Diluted) | 359 | 360 | 362 | 362 | 362 | 363 |
Shares Change | -0.92% | -0.55% | -0.03% | -0.06% | -0.22% | 0.28% |
EPS (Basic) | 5.05 | 4.90 | 4.60 | 4.69 | 4.32 | 3.86 |
EPS (Diluted) | 5.04 | 4.89 | 4.58 | 4.67 | 4.30 | 3.84 |
EPS Growth | 13.04% | 6.77% | -1.93% | 8.61% | 11.98% | 26.73% |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Free Cash Flow | 2,017 | 2,322 | 1,709 | 1,736 | 1,563 | 1,456 |
Free Cash Flow Per Share | 5.62 | 6.45 | 4.72 | 4.79 | 4.32 | 4.01 |
Dividend Per Share | 4.540 | 4.430 | 4.020 | 3.650 | 3.260 | 2.770 |
Dividend Growth | 10.19% | 10.20% | 10.14% | 11.96% | 17.69% | 9.92% |
Gross Margin | 74.39% | 74.29% | 72.35% | 71.97% | 70.98% | 70.59% |
Operating Margin | 39.91% | 39.51% | 41.81% | 41.19% | 40.60% | 39.90% |
Profit Margin | 27.35% | 27.03% | 29.74% | 32.02% | 31.10% | 30.20% |
Free Cash Flow Margin | 30.54% | 35.65% | 30.68% | 32.90% | 31.22% | 31.57% |
EBITDA | 3,078 | 3,015 | 2,539 | 2,351 | 2,210 | 2,032 |
EBITDA Margin | 46.62% | 46.30% | 45.57% | 44.53% | 44.13% | 44.06% |
D&A For EBITDA | 443.1 | 442.6 | 209.5 | 176.5 | 176.6 | 191.8 |
EBIT | 2,635 | 2,573 | 2,329 | 2,174 | 2,033 | 1,840 |
EBIT Margin | 39.91% | 39.51% | 41.81% | 41.19% | 40.60% | 39.90% |
Effective Tax Rate | 24.07% | 23.84% | 23.83% | 23.79% | 23.97% | 23.66% |
Revenue as Reported | 6,603 | 6,512 | 5,572 | 5,278 | 5,007 | 4,612 |