Paychex Inc (PAYX) Financials
Key financial figures for Paychex Inc (Q1 2027).
Paychex grew Q1 FY2027 revenue 6% to $1.63 billion and adjusted diluted EPS 10% to $1.34, driven by 12% growth in PEO and Insurance Solutions. Total revenue rose 6% year over year to $1,630.5 million, with diluted EPS up 14% to $1.21 and adjusted diluted EPS up 10% to $1.34. Operating income increased 14% to $619.2 million; adjusted operating income rose 9% to $684.7 million (adjusted operating margin of 42.0%, up from 40.7%). Management Solutions revenue grew 4% to $1,213.1 million; PEO and Insurance Solutions revenue grew 12% to $367.6 million, the faster-growing segment this quarter. On the outlook: Fiscal 2027 outlook: total revenue growth 5% to 6% (unchanged); Management Solutions revenue growth 5% to 6% (unchanged); PEO and Insurance Solutions revenue growth raised to 7% to 8% (from 6% to 7%); interest on funds held for clients raised to $200 million to $210 million (from $195 million to $205 million); adjusted operating margin ~44% (unchanged); effective income tax rate ~24% (unchanged); adjusted diluted EPS growth 7% to 9% (unchanged). Figures are for Q1 FY2027, as Paychex, Inc. reported them.
- Revenue
- $1.6B
- Net Income
- $430M
- EPS
- $1.21
- Total Assets
- $15.7B
- Operating Cash Flow
- $414M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q1 FY2027 | $1.6B | $430M | $1.21 | 37.98% | $357M |
| Q4 FY2026 | $1.6B | $421M | $1.17 | 37.66% | $515M |
| Q3 FY2026 | $1.8B | $560M | $1.55 | 43.78% | $762M |
| Q2 FY2026 | $1.6B | $395M | $1.10 | 36.72% | $383M |
| Q1 FY2026 | $1.5B | $384M | $1.06 | 35.19% | $663M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $6.5B | $1.8B | $4.89 | 38.55% | $2.3B |
| FY2025 | $5.6B | $1.7B | $4.58 | 39.62% | $1.8B |
| FY2024 | $5.3B | $1.7B | $4.67 | 41.19% | $1.7B |
Frequently asked questions
What was Paychex, Inc.'s revenue last quarter?
Paychex, Inc. reported revenue of $1.63 billion for Q1 FY2027, up 5.9% from the same period a year earlier.
Is Paychex, Inc. profitable?
Yes. Paychex, Inc. reported net income of $429.7 million for Q1 FY2027, a net margin of 26.35% on revenue.
How has Paychex, Inc.'s margin trended?
Operating margin was 37.98% in Q1 FY2027, compared with 35.19% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Paychex, Inc. generate?
Paychex, Inc. generated free cash flow of $357.4 million in Q1 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Paychex Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.