Paychex revenue and financials
$99.11Change from previous close: +0.17%Absolute change: +$0.17
In the fiscal year ended May 2026, Paychex reported revenue of $6.51B (+16.88% year over year). Net income was $1.76B, a net margin of 27.0%.
Fiscal year ending in May. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +16.88%
- FY to May 2026 vs FY to May 2025
- Net income growth
- +6.20%
- FY to May 2026 vs FY to May 2025
- Net margin
- 27.0%
- FY to May 2025: 29.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to May 2026 | FY to May 2025 | FY to May 2024 | FY to May 2023 | FY to May 2022 | FY to May 2021 | FY to May 2020 | FY to May 2019 | FY to May 2018 | FY to May 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 6,512 | 5,572 | 5,278 | 5,007 | 4,612 | 4,057 | 4,041 | 3,773 | 3,378 | 3,153 |
| Cost of revenue | 1,675 | 1,540 | 1,479 | 1,453 | 1,356 | 1,271 | 1,281 | 1,178 | 1,018 | — |
| Gross profit | 4,838 | 4,031 | 3,799 | 3,554 | — | — | — | — | — | — |
| Selling, general and administrative | 2,327 | 1,824 | 1,625 | 1,521 | — | — | — | — | — | — |
| Operating income | 2,511 | 2,208 | 2,174 | 2,033 | 1,840 | 1,461 | 1,461 | 1,371 | 1,292 | 1,254 |
| EBIT | 2,580 | 2,281 | 2,255 | 2,085 | — | — | — | — | — | — |
| EBITDA | 3,023 | 2,491 | 2,432 | 2,262 | — | — | — | — | — | — |
| Interest expense | 270 | 105 | 37.3 | 36.7 | 36.6 | 35.8 | 38.8 | 17.6 | 3.9 | 2.5 |
| Pre-tax income | 2,311 | 2,176 | 2,218 | 2,048 | — | — | — | — | — | — |
| Income tax | 551 | 519 | 528 | 491 | 432 | 337 | 339 | 334 | 306 | 433 |
| Net income | 1,760 | 1,657 | 1,690 | 1,557 | 1,393 | — | — | — | — | — |
| Net income to common shareholders | 1,760 | 1,657 | 1,690 | 1,557 | — | — | — | — | — | — |
| Basic EPS | 4.90 | 4.60 | 4.69 | 4.32 | 3.86 | 3.05 | 3.06 | 2.88 | 2.77 | 2.30 |
| Diluted EPS | 4.89 | 4.58 | 4.67 | 4.30 | 3.84 | 3.03 | 3.04 | 2.86 | 2.75 | 2.28 |
| Average shares (basic) | 359 | 360 | 360 | 360 | — | — | — | — | — | — |
| Average shares (diluted) | 360 | 362 | 362 | 362 | 363 | 362 | 361 | 362 | 362 | 363 |