Company research
PAYCHEX INC
CIK 723531Updated Sep 24, 2026
SecurityPAYX · NASDAQ · equity
PAYX price & chart
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NASDAQ:PAYX on TradingView ↗About the company
Paychex, Inc. (Nasdaq: PAYX) provides a comprehensive suite of expert-enabled technology and advisory solutions that help businesses manage HR, payroll, and benefits. Serving approximately 840,000 customers and paying 1 in 11 U.S. private sector workers, Paychex combines scale, trusted expertise, and innovation to help businesses succeed. Built on more than 50 years of workforce experience and one of the industry's largest proprietary HR datasets, Paychex's WISE agentic AI engine embeds intelligence directly into workflows to improve productivity, enhance decision-making, and deliver better outcomes. Learn more at paychex.com.
In the news
Recent filings
Results of Operations and Financial Condition
Items 2.02
ARS filing
DEFA14A filing
DEF 14A filing
4 filing
Show 5 more recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 16,174,500,000Source | 16,564,100,000Source | 10,383,100,000Source | 10,546,400,000Source |
| Property, Plant and Equipment, NetUSD | 588,900,000Source | 511,500,000Source | 411,700,000Source | 396,300,000Source |
| GoodwillUSD | 4,527,400,000Source | 4,514,100,000Source | 1,882,700,000Source | 1,834,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,684,000,000Source | 1,947,300,000Source | 194,500,000Source | 187,400,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,088,200,000Source | 1,628,600,000Source | 1,468,900,000Source | 1,222,000,000Source |
| Assets, CurrentUSD | 8,613,300,000Source | 8,916,500,000Source | 7,251,500,000Source | 7,528,100,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 384,700,000Source | 378,300,000Source | 321,900,000Source | 289,800,000Source |
| Operating Lease, Right-of-Use AssetUSD | 63,900,000Source | 63,800,000Source | 46,900,000Source | 61,500,000Source |
| Other Assets, NoncurrentUSD | 141,200,000Source | 128,500,000Source | 115,000,000Source | 65,200,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 12,439,400,000Source | 12,436,100,000Source | 6,582,100,000Source | 7,053,200,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 3,600,000Source | 3,600,000Source | 3,600,000Source | 3,600,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,805,800,000Source | 2,277,000,000Source | 2,213,000,000Source | 2,023,100,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -49,900,000Source | -53,700,000Source | -145,100,000Source | -159,900,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,735,100,000Source | 4,128,000,000Source | 3,801,000,000Source | 3,493,200,000Source |
| Additional Paid in Capital, Common StockUSD | 1,975,600,000Source | 1,901,100,000Source | 1,729,500,000Source | 1,626,400,000Source |
| Liabilities and EquityUSD | 16,174,500,000Source | 16,564,100,000Source | 10,383,100,000Source | 10,546,400,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,840,600,000Source | 6,956,300,000Source | 5,309,100,000Source | 5,805,400,000Source |
| Operating Lease, Liability, CurrentUSD | 22,000,000Source | 22,500,000Source | 19,200,000Source | 20,300,000Source |
| Accounts Payable, CurrentUSD | 154,800,000Source | 129,800,000Source | 104,300,000Source | 84,700,000Source |
| Operating Lease, Liability, NoncurrentUSD | 52,200,000Source | 55,500,000Source | 49,000,000Source | 57,300,000Source |
| Deferred Income Tax Liabilities, NetUSD | 543,300,000Source | 444,700,000Source | 86,000,000Source | 112,100,000Source |
| Other Liabilities, NoncurrentUSD | 306,700,000Source | 312,200,000Source | 236,800,000Source | 197,200,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 537,400,000Source | 438,900,000Source | 85,500,000Source | 111,900,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,556,100,000Source | — | 798,600,000Source | 798,200,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 399,800,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,556,100,000Source | 4,548,400,000Source | 798,600,000Source | 798,200,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,760,100,000Source | 1,657,300,000Source | 1,690,400,000Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 442,600,000Source | 209,500,000Source | 176,500,000Source | 176,600,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 96,100,000Source | 111,800,000Source | 61,100,000Source | 62,600,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 105,800,000Source | 130,700,000Source | -113,000,000Source | 123,600,000Source |
| Deferred Income Tax Expense (Benefit)USD | 103,700,000Source | -15,800,000Source | -29,800,000Source | -44,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,556,700,000Source | 1,900,900,000Source | 1,897,700,000Source | 1,699,400,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 400,000Source | 2,967,500,000Source | 208,300,000Source | 2,700,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,152,400,000Source | -3,356,800,000Source | -260,900,000Source | 218,500,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 234,900,000Source | 191,800,000Source | 161,400,000Source | 143,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 611,000,000Source | 104,500,000Source | 169,200,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,653,800,000Source | 2,293,200,000Source | -1,874,700,000Source | -711,400,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,589,600,000Source | 1,448,500,000Source | 1,315,300,000Source | 1,175,000,000Source |
| Repayments of Long-term DebtUSD | 400,000,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,249,500,000Source | 837,300,000Source | -237,900,000Source | 1,206,500,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,484,800,000Source | 2,734,300,000Source | 1,897,000,000Source | 2,134,900,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 267,600,000Source | 37,500,000Source | 36,200,000Source | 35,700,000Source |
| Income Taxes Paid, NetUSD | 310,300,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 96,100,000Source | 111,800,000Source | 61,100,000Source | 62,600,000Source |
| Amortization of Intangible AssetsUSD | 299,500,000Source | 90,700,000Source | 49,000,000Source | 48,200,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | 7,600,000Source | -400,000Source | -2,600,000Source | -9,800,000Source |
| DepreciationUSD | 143,100,000Source | 118,800,000Source | 127,500,000Source | 128,400,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 0Source | 0Source | 0Source | 0Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -6,200,000Source | -3,700,000Source | -32,800,000Source | — |
| GoodwillUSD | 4,527,400,000Source | 4,514,100,000Source | 1,882,700,000Source | 1,834,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 0Source | 0Source | 0Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 550,800,000Source | 518,600,000Source | 527,600,000Source | 490,900,000Source |
| InterestExpenseNonoperatingUSD | 269,500,000Source | 105,400,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 1,760,100,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,760,100,000Source | 1,657,300,000Source | 1,690,400,000Source | 1,557,300,000Source |
| Nonoperating Income (Expense)USD | 69,900,000Source | 73,600,000Source | — | — |
| Operating Lease, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Other Nonoperating Income (Expense)USD | 6,500,000Source | 800,000Source | -1,500,000Source | 2,700,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 6,301,100,000Source | 5,410,000,000Source | 5,132,000,000Source | 4,907,300,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 2,327,000,000Source | 1,823,600,000Source | 1,624,900,000Source | 1,521,000,000Source |
| Operating Income (Loss)USD | 2,510,500,000Source | 2,207,700,000Source | 2,174,100,000Source | 2,033,100,000Source |
| Other Nonoperating Income (Expense)USD | 6,500,000Source | 800,000Source | -1,500,000Source | 2,700,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,310,900,000Source | 2,175,900,000Source | 2,218,000,000Source | 2,048,200,000Source |
| Income Tax Expense (Benefit)USD | 550,800,000Source | 518,600,000Source | 527,600,000Source | 490,900,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,760,100,000Source | — | — | — |
| Earnings Per Share, BasicUSD per share | 4.9Source | 4.6Source | 4.69Source | 4.32Source |
| Earnings Per Share, DilutedUSD per share | 4.89Source | 4.58Source | 4.67Source | 4.3Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 358,900,000Source | 360,200,000Source | 360,300,000Source | 360,400,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 360,000,000Source | 362,000,000Source | 362,100,000Source | 362,300,000Source |
| Interest Expense (non-operating)USD | 269,500,000Source | 105,400,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 299,500,000Source | 90,700,000Source | 49,000,000Source | 48,200,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 4.43Source | 4.02Source | 3.65Source | 3.26Source |
| Costs and ExpensesUSD | 4,001,500,000Source | 3,364,000,000Source | 3,104,200,000Source | 2,974,000,000Source |
| Current Income Tax Expense (Benefit)USD | 447,100,000Source | 534,400,000Source | 557,400,000Source | 534,900,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 0Source | 0Source | 0Source | 0Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 37,300,000Source | 36,700,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | 43,900,000Source | 15,100,000Source |
| Interest Income, OperatingUSD | 210,900,000Source | 161,700,000Source | 146,300,000Source | 99,800,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,760,100,000Source | 1,657,300,000Source | 1,690,400,000Source | 1,557,300,000Source |
| Nonoperating Income (Expense)USD | 69,900,000Source | 73,600,000Source | — | — |
Filing attachments
payx-ex99_1.htm · 8-K · 2026-09-23
News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Reports First Quarter Fiscal 2027 Results • Delivered double-digit diluted EPS growth supported by strong PEO and Insurance Solutions revenue growth • Strong expansion of industry-leading operating margins • Advanced AI leadership and launched WISE Hire agentic recruiting solution Rochester, N.Y. (September 23, 2026) - Paychex (Nasdaq: PAYX), a leading provider of expert-enabled HR, payroll, and benefits, tod…
Read attachment ↗payx-ex99_1.htm · 8-K · 2026-06-24
EX-99.1 2 payx-ex99_1.htm EX-99.1 EX-99.1 News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Reports Fourth Quarter and Full-Year 2026 Results • Delivered Strong Double-Digit Revenue and Earnings Growth • Expanded AI Leadership with the Launch of WISE Workforce Intelligence Engine • Returned $2.2 Billion to Shareholders in Fiscal 2026 Rochester, N.Y. (June 24, 2026) - Paychex (Nasdaq: PAYX), a leading provider of expert-enabled HR, payroll, and benefits,…
Read attachment ↗payx-ex99_1.htm · 8-K · 2026-03-25
EX-99.1 2 payx-ex99_1.htm EX-99.1 EX-99.1 News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Reports Third Quarter Results • Achieved Strong Double-Digit Revenue and Operating Income Growth • Accelerated Organic Revenue Growth • Returned Over $1.5 Billion to Shareholders Fiscal Year to Date Rochester, N.Y. (March 25, 2026) - Paychex, Inc. (Nasdaq: PAYX) (the "Company," "Paychex," "we," "our," or "us"), an industry-leading human capital management ("HCM")…
Read attachment ↗payx-ex99_1.htm · 8-K · 2026-01-20
EX-99.1 2 payx-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Expands Board of Directors, Appoints New Member Experienced executive, J.Michael Hansen, appointed to Paychex Board of Directors Rochester, N.Y. (January 20, 2026) - Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management (HCM) company, announced today that the company’s Board of Directors has voted to expand to 11 members from 10 m…
Read attachment ↗payx-ex99_2.htm · 8-K · 2026-01-20
EX-99.2 3 payx-ex99_2.htm EX-99.2 EX-99.2 Exhibit 99.2 News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Announces $1 Billion Stock Repurchase Authorization and Declares Quarterly Dividend Rochester, N.Y. (January 16, 2026) - Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management ("HCM") company, today announced that its Board of Directors has authorized the purchase of up to $1 billion of the Company’s common stock. The new authorizat…
Read attachment ↗payx-ex99_1.htm · 8-K · 2025-12-19
EX-99.1 2 payx-ex99_1.htm EX-99.1 EX-99.1 News Release 911 Panorama Trail South • Rochester, NY 14625 • paychex.com Paychex Reports Second Quarter Results • Delivered Strong Double-Digit Revenue Growth • Unveiled Intelligent AI Solutions to Revolutionize Workforce Management • Raises Full Year Earnings Outlook Rochester, N.Y. (December 19, 2025) - Paychex, Inc. (Nasdaq: PAYX) (the "Company," "Paychex," "we," "our," or "us"), an industry-leading human capital management ("HCM") company…
Read attachment ↗