Form 10-Q · Quarterly report
Paychex 10-Q, filed Sep 24, 2026
- Filed
- CIK
- 0000723531
- Accession no.
- 0000723531-26-000006
Summary
Paychex reported first-quarter results for the three months ended August 31, 2026, with total revenue of $1.63 billion, up 6% from a year earlier, and net income of $429.7 million, up 12%. Diluted earnings per share rose 14% to $1.21, and the company said PEO and Insurance Solutions revenue growth of 12% and higher revenue per client drove the increase.
Key points
- Total service revenue rose 6% to $1,580.7 million, with Management Solutions revenue up 4% to $1,213.1 million and PEO and Insurance Solutions revenue up 12% to $367.6 million.
- Operating income increased 14% to $619.2 million and adjusted operating income rose 9% to $684.7 million; adjusted diluted earnings per share rose 10% to $1.34.
- Acquisition-related costs of $65.5 million were primarily tied to the April 2025 acquisition of Paycor, including intangible amortization, integration compensation and third-party fees.
- Dividends paid to stockholders were $424.1 million, up 9%, and the company held three proprietary SaaS-based HCM platforms: SurePayroll, Paychex Flex and Paycor.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion Overview We are an industry-leading human capital management ("HCM") company providing comprehensive technology and advisory solutions in human resources ("HR"), employee benefits, insurance, and payroll across the U.S. and parts of Europe. We support our clients with three proprietary SaaS-based HCM platforms: SurePayroll®, Paychex Flex®, and Paycor®, each designed to meet diverse client needs and business requirements. Our integrated HCM solutions span the entire employee life cycle, enabling clients to choose from a broad range of solutions that seamlessly integrate with leading HR, accounting, enterprise resource planning, and point-of-sale applications. …
An excerpt of the text as filed with the SEC, cut for length.
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