Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
92.55
+0.84 (0.92%)
At close: Mar 20, 2026, 4:00 PM EDT
93.74
+1.19 (1.29%)
After-hours: Mar 20, 2026, 7:45 PM EDT
Paychex Income Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '25 Nov 30, 2025 | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 30, 2024 | Aug '24 Aug 31, 2024 | May '24 May 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | May '23 May 31, 2023 | Feb '23 Feb 28, 2023 | Nov '22 Nov 30, 2022 | Aug '22 Aug 31, 2022 | May '22 May 31, 2022 | Feb '22 Feb 28, 2022 | Nov '21 Nov 30, 2021 | Aug '21 Aug 31, 2021 | May '21 May 31, 2021 | Feb '21 Feb 28, 2021 |
| 1,558 | 1,540 | 1,427 | 1,509 | 1,317 | 1,319 | 1,295 | 1,439 | 1,258 | 1,286 | 1,230 | 1,381 | 1,190 | 1,206 | 1,144 | 1,276 | 1,109 | 1,083 | 1,029 | 1,112 | |
Revenue Growth (YoY) | 18.28% | 16.80% | 10.21% | 4.84% | 4.69% | 2.53% | 5.33% | 4.22% | 5.68% | 6.62% | 7.45% | 8.23% | 7.38% | 11.39% | 11.18% | 14.78% | 12.69% | 16.17% | 12.47% | -2.71% |
Cost of Revenue | 412.2 | 413.8 | 393.9 | 387.4 | 379.1 | 380 | 375.2 | 379.8 | 364.1 | 360.2 | 369.8 | 372.9 | 359.3 | 351 | 360 | 352.2 | 331.6 | 312.5 | 315.8 | 328.4 |
Gross Profit | 1,145 | 1,126 | 1,033 | 1,122 | 937.8 | 938.5 | 919.9 | 1,060 | 893.8 | 925.8 | 859.8 | 1,008 | 831 | 855.2 | 784.3 | 923.8 | 776.9 | 770.4 | 713.4 | 783.3 |
Selling, General & Admin | 573.5 | 584.3 | 602.3 | 429.8 | 399.7 | 391.8 | 438.1 | 409.7 | 387.6 | 389.5 | 406.5 | 396.2 | 358.7 | 359.6 | 390.3 | 361 | 336.6 | 327.5 | 359.6 | 314.7 |
Total Operating Expenses | 573.5 | 584.3 | 602.3 | 429.8 | 399.7 | 391.8 | 438.1 | 409.7 | 387.6 | 389.5 | 406.5 | 396.2 | 358.7 | 359.6 | 390.3 | 361 | 336.6 | 327.5 | 359.6 | 314.7 |
Operating Income | 571.9 | 541.9 | 431.1 | 691.8 | 538.1 | 546.7 | 481.8 | 649.8 | 506.2 | 536.3 | 453.3 | 611.9 | 472.3 | 495.6 | 394 | 562.8 | 440.3 | 442.9 | 353.8 | 468.6 |
Interest Expense | -68.5 | -68.2 | -63.7 | - | -9.5 | -9.6 | -9.5 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Non-Operating Income (Expense) | 16.8 | 23.8 | 63.6 | -6 | 15.1 | 20 | 10 | 9.4 | 11.7 | 12.8 | 10.3 | 5.5 | 2.9 | -3.6 | -5.2 | -8.5 | -2.7 | 1 | -7.9 | -6 |
Total Non-Operating Income (Expense) | -51.7 | -44.4 | -0.1 | -6 | 5.6 | 10.4 | 0.5 | 9.4 | 11.7 | 12.8 | 10.3 | 5.5 | 2.9 | -3.6 | -5.2 | -8.5 | -2.7 | 1 | -7.9 | -6 |
Pretax Income | 520.2 | 497.5 | 389.3 | 685.8 | 543.7 | 557.1 | 491.8 | 659.2 | 517.9 | 549.1 | 463.6 | 617.4 | 475.2 | 492 | 388.8 | 554.3 | 437.6 | 443.9 | 345.9 | 462.6 |
Provision for Income Taxes | 124.8 | 113.7 | 92.1 | 166.5 | 130.3 | 129.7 | 111.9 | 160.6 | 125.2 | 129.9 | 113.2 | 150 | 114.9 | 112.8 | 92.4 | 123.6 | 105.5 | 110.3 | 82.9 | 112.1 |
Net Income | 395.4 | 383.8 | 297.2 | 519.3 | 413.4 | 427.4 | 379.9 | 498.6 | 392.7 | 419.2 | 350.4 | 467.4 | 360.3 | 379.2 | 296.4 | 430.7 | 332.1 | 333.6 | 263 | 350.5 |
Net Income to Common | 395.4 | 383.8 | 297.2 | 519.3 | 413.4 | 427.4 | 379.9 | 498.6 | 392.7 | 419.2 | 350.4 | 467.4 | 360.3 | 379.2 | 296.4 | 430.7 | 332.1 | 333.6 | 263 | 350.5 |
Net Income Growth | -4.35% | -10.20% | -21.77% | 4.15% | 5.27% | 1.96% | 8.42% | 6.68% | 8.99% | 10.55% | 18.22% | 8.52% | 8.49% | 13.67% | 12.70% | 22.88% | 21.92% | 57.66% | 19.17% | -1.13% |
Shares Outstanding (Basic) | 359 | 360 | 360 | 360 | 360 | 360 | 360 | 360 | 361 | 361 | 361 | 361 | 361 | 360 | 361 | 361 | 361 | 360 | 360 | 361 |
Shares Outstanding (Diluted) | 360 | 362 | 362 | 362 | 362 | 362 | 362 | 362 | 362 | 363 | 362 | 362 | 362 | 362 | 363 | 363 | 363 | 363 | 363 | 363 |
Shares Change (YoY) | -0.36% | - | 0.14% | 0.08% | -0.11% | -0.25% | -0.14% | -0.17% | -0.06% | 0.11% | -0.27% | -0.30% | -0.22% | -0.11% | 0.17% | 0.17% | 0.30% | 0.41% | 0.55% | 0.50% |
EPS (Basic) | 1.10 | 1.07 | 0.82 | 1.44 | 1.15 | 1.19 | 1.06 | 1.39 | 1.09 | 1.16 | 0.97 | 1.30 | 1.00 | 1.05 | 0.82 | 1.19 | 0.92 | 0.93 | 0.73 | 0.97 |
EPS (Diluted) | 1.10 | 1.06 | 0.82 | 1.43 | 1.14 | 1.18 | 1.05 | 1.38 | 1.08 | 1.16 | 0.97 | 1.29 | 0.99 | 1.05 | 0.82 | 1.19 | 0.91 | 0.92 | 0.73 | 0.97 |
EPS Growth | -3.51% | -10.17% | -21.91% | 3.62% | 5.56% | 1.72% | 8.25% | 6.98% | 9.09% | 10.48% | 18.29% | 8.40% | 8.79% | 14.13% | 12.33% | 22.68% | 21.33% | 55.93% | 19.67% | -1.02% |
Free Cash Flow | 382.8 | 662.5 | 283.3 | 667.3 | 248 | 510.5 | 180.4 | 631 | 307.8 | 654.3 | 371.4 | 573.1 | 286.3 | 333.7 | 302.7 | 578.2 | 135.6 | 355.2 | 362 | 407.6 |
Free Cash Flow Growth | 54.35% | 29.78% | 57.04% | 5.75% | -19.43% | -21.98% | -51.43% | 10.10% | 7.51% | 96.07% | 22.70% | -0.88% | 111.14% | -6.05% | -16.38% | 41.85% | -25.41% | 82.81% | -6.75% | -10.63% |
Free Cash Flow Per Share | 1.06 | 1.83 | 0.78 | 1.84 | 0.69 | 1.41 | 0.50 | 1.74 | 0.85 | 1.80 | 1.03 | 1.58 | 0.79 | 0.92 | 0.83 | 1.59 | 0.37 | 0.98 | 1.00 | 1.12 |
Dividends Per Share | 1.080 | 1.080 | 1.080 | 0.980 | 0.980 | 0.980 | 0.980 | 0.890 | 0.890 | 0.890 | 0.890 | 0.790 | 0.790 | 0.790 | 0.790 | 0.660 | 0.660 | 0.660 | 0.660 | 0.620 |
Dividend Growth | 10.20% | 10.20% | 10.20% | 10.11% | 10.11% | 10.11% | 10.11% | 12.66% | 12.66% | 12.66% | 12.66% | 19.70% | 19.70% | 19.70% | 19.70% | 6.45% | 6.45% | 6.45% | 6.45% | - |
Gross Margin | 73.54% | 73.13% | 72.40% | 74.33% | 71.21% | 71.18% | 71.03% | 73.61% | 71.05% | 71.99% | 69.93% | 73.00% | 69.81% | 70.90% | 68.54% | 72.40% | 70.09% | 71.14% | 69.32% | 70.46% |
Operating Margin | 36.72% | 35.19% | 30.20% | 45.84% | 40.86% | 41.46% | 37.20% | 45.15% | 40.24% | 41.70% | 36.87% | 44.31% | 39.68% | 41.09% | 34.43% | 44.11% | 39.72% | 40.90% | 34.38% | 42.15% |
Profit Margin | 25.39% | 24.92% | 20.82% | 34.41% | 31.39% | 32.42% | 29.33% | 34.64% | 31.22% | 32.60% | 28.50% | 33.85% | 30.27% | 31.44% | 25.90% | 33.75% | 29.96% | 30.81% | 25.55% | 31.53% |
FCF Margin | 24.58% | 43.02% | 19.85% | 44.22% | 18.83% | 38.72% | 13.93% | 43.84% | 24.47% | 50.88% | 30.20% | 41.50% | 24.05% | 27.67% | 26.45% | 45.31% | 12.23% | 32.80% | 35.17% | 36.66% |
EBITDA | 740.4 | 709.5 | 595 | 804.9 | 635.8 | 641.4 | 583.4 | 751.1 | 607.5 | 633.3 | 555.8 | 716.3 | 576.3 | 598.6 | 501.6 | 669.3 | 546.3 | 545.6 | 458 | 571.8 |
EBITDA Margin | 47.53% | 46.07% | 41.69% | 53.34% | 48.28% | 48.65% | 45.05% | 52.19% | 48.29% | 49.25% | 45.20% | 51.87% | 48.42% | 49.63% | 43.83% | 52.45% | 49.28% | 50.38% | 44.50% | 51.43% |
EBIT | 571.9 | 541.9 | 431.1 | 691.8 | 538.1 | 546.7 | 481.8 | 649.8 | 506.2 | 536.3 | 453.3 | 611.9 | 472.3 | 495.6 | 394 | 562.8 | 440.3 | 442.9 | 353.8 | 468.6 |
EBIT Margin | 36.72% | 35.19% | 30.20% | 45.84% | 40.86% | 41.46% | 37.20% | 45.15% | 40.24% | 41.70% | 36.87% | 44.31% | 39.68% | 41.09% | 34.43% | 44.11% | 39.72% | 40.90% | 34.38% | 42.15% |
Effective Tax Rate | 23.99% | 22.85% | 23.66% | 24.28% | 23.97% | 23.28% | 22.75% | 24.36% | 24.17% | 23.66% | 24.42% | 24.30% | 24.18% | 22.93% | 23.77% | 22.30% | 24.11% | 24.85% | 23.97% | 24.23% |
Updated Dec 19, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.