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

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q1 FY2027$1.6B$430M$1.2137.98%$357M
Q4 FY2026$1.6B$421M$1.1737.66%$515M
Q3 FY2026$1.8B$560M$1.5543.78%$762M
Q2 FY2026$1.6B$395M$1.1036.72%$383M
Q1 FY2026$1.5B$384M$1.0635.19%$663M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2026$6.5B$1.8B$4.8938.55%$2.3B
FY2025$5.6B$1.7B$4.5839.62%$1.8B
FY2024$5.3B$1.7B$4.6741.19%$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.