Paychex Earnings Reports

Paychex delivered solid second quarter results, with total revenue increasing by 18% to $1.56 billion and adjusted operating income growing by 21% year-over-year. The company's strategic acquisition of Paycor and advancements in AI-powered solutions significantly contributed to its performance and operational efficiency, leading to a raised full-year earnings outlook.

Paychex reported a 17% increase in revenue, supported by Paycor integration. Adjusted earnings improved, while GAAP EPS and net income declined primarily due to acquisition-related costs.

Revenue rose 10% year-over-year in Q4, aided by Paycor and increased demand for HCM solutions. Despite a decline in GAAP earnings due to acquisition costs, adjusted metrics showed strength.

Paychex, Inc. achieved 5% revenue growth in the third quarter of fiscal 2025, driven by strong performances in management solutions and PEO & insurance solutions segments. The company improved both operating margins and EPS, supported by operational efficiencies and strategic investments in technology.

Paychex reported a 5% increase in total revenue for the second quarter of fiscal year 2025. Diluted earnings per share grew by 6%, and operating margins expanded by approximately 60 basis points. The company returned $810 million to stockholders in the first half of fiscal 2025.

Paychex reported a solid start to fiscal year 2025, with a 3% increase in total revenue for the first quarter. Excluding the impact of the Employee Retention Tax Credit (ERTC) program expiration and one less payroll processing day, revenue growth would have been 7%. The company delivered earnings per share growth through strong expense discipline and introduced several new digital solutions.

Paychex reported a 5% increase in total revenue to $1.3 billion for the fourth quarter. Diluted earnings per share increased by 8% to $1.05, while adjusted diluted earnings per share increased by 15% to $1.12. The company's performance reflects its ability to navigate changing market conditions and deliver value to clients through innovative HR technology and advisory solutions.

Paychex reported a 4% increase in total revenue, reaching $1.4 billion, and a 7% increase in diluted earnings per share to $1.38 for the third quarter of fiscal year 2024. The company's operating margin expanded due to ongoing expense discipline, despite moderating small business employment and wage growth.

Paychex reported a 6% increase in total revenue, reaching $1.2579 billion, and a 9% increase in diluted earnings per share, amounting to $1.08. The results reflect the company's ability to navigate a stable macroeconomic environment for small and mid-sized businesses while addressing their challenges in accessing growth capital and finding quality talent.

Paychex reported a strong start to fiscal year 2024, with a 7% increase in total revenue and an 11% increase in adjusted diluted earnings per share. Demand for Paychex's solutions remains strong as businesses seek technology and expertise to navigate the changing business environment.

Paychex reported a strong fourth quarter and fiscal year, achieving over $5 billion in total revenue. Total revenue grew by 7% for the quarter and 9% for the fiscal year, driven by growth in management solutions and PEO and insurance solutions. Diluted earnings per share increased by 18% for the quarter and 12% for the fiscal year. The company's outlook for fiscal year 2024 anticipates continued growth in revenue and adjusted diluted earnings per share.

Paychex reported an 8% increase in total revenue and a 12% increase in adjusted diluted earnings per share for the third quarter. Management Solutions revenue increased by 7%, and PEO and Insurance Solutions revenue increased by 6%. The company updated its fiscal year 2023 guidance, anticipating Management Solutions revenue to grow by approximately 8% and adjusted diluted earnings per share to grow in the range of 13% to 14%.

Paychex reported solid financial results for the second quarter, with a 7% increase in total revenue and a 9% increase in diluted earnings per share. The company is well-positioned to help companies find and retain employees, drive operational efficiency, and address complex Human Resource issues.

Paychex reported strong first quarter results with double-digit growth in both revenue and earnings, driven by the value proposition of their Human Capital Management (HCM) technology and Paychex HR suite. The company also raised its earnings outlook for the year.

Paychex reported strong Q4 results, with an 11% increase in total revenue to $1.14 billion and a 12% increase in diluted earnings per share to $0.82. The company's Management Solutions and PEO and Insurance Solutions segments both saw double-digit revenue growth. Paychex also continues to invest in its people, products and technology.

Paychex reported a strong third quarter with double-digit growth in both revenue and earnings, driven by progress against key initiatives and a record quarter for new sales revenue. The company is focused on helping businesses navigate the complex HR landscape with its technology solutions.

Paychex reported strong financial results for Q2 2022, driven by growth in employees within their client base and continued strong sales growth and client retention. Total revenue increased by 13%, and diluted earnings per share grew by 21%.

Paychex reported a strong start to fiscal year 2022, achieving double-digit growth in both revenue and earnings, driven by economic improvement, sales momentum, and strong client retention.

Paychex reported strong Q4 2021 results, driven by record client retention and sales, and stronger checks per client. Total service revenue increased by 14% to $1.0147 billion, and diluted earnings per share grew by 20% to $0.73. The company ended the fiscal year with over 710,000 clients and positive service revenue growth.

Paychex reported a slight decrease in total revenue and diluted earnings per share for the third quarter of fiscal year 2021, as compared to the prior-year period. Client retention remained strong and at record levels. The company also updated its full-year guidance.

Paychex reported a slight decrease in total revenue but an increase in net income and diluted earnings per share for the second quarter of fiscal year 2021. The company raised its guidance as results showed sequential improvement.

Paychex reported a 6% decrease in total revenue to $932.2 million for the first quarter. Net income decreased by 20% to $211.6 million, and diluted earnings per share decreased by 19% to $0.59 per share.

Paychex reported a 7% decrease in total revenue for the fourth quarter to $915.1 million, with net income decreasing by 4% to $220.7 million and diluted earnings per share decreasing by 5% to $0.61. The results were impacted by the COVID-19 pandemic, which caused business shutdowns and affected sales and financial performance.

Paychex, Inc. announced a 7% increase in total revenue, reaching $1.1 billion for the third quarter ended February 29, 2020. Net income and diluted earnings per share each increased by 9% to $354.5 million and $0.98, respectively. The company experienced solid growth across its major business lines, driven by investments in product offerings and technology.