<span item_type="fundamental" item_id="d570d237b74e2136e4a42b390e16b74a" counter_id="ST/US/PAYX" env="prod"></span><span item_type="announcement" item_id="596566898385295233" env="prod"></span><p>Revenue: As of FY2026 Q2, the actual value is USD 1.558 B, beating the estimate of USD 1.553 B.</p><p>EPS: As of FY2026 Q2, the actual value is USD 1.1, missing the estimate of USD 1.1346.</p><p>EBIT: As of FY2026 Q2, the actual value is USD 623.9 M.</p><p></p><h3>Management Solutions</h3><ul><li><strong>Revenue</strong>: $1,166.4 million for the three months ended November 30, 2025, and $2,329.7 million for the six months ended November 30, 2025, reflecting a 21% increase over the prior year periods.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>PEO and Insurance Solutions</h3><ul><li><strong>Revenue</strong>: $336.9 million for the three months ended November 30, 2025, and $666.0 million for the six months ended November 30, 2025, reflecting increases of 6% and 5%, respectively, over the prior year periods.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>Total Revenue</h3><ul><li><strong>Total Revenue</strong>: $1,557.6 million for the three months ended November 30, 2025, and $3,097.6 million for the six months ended November 30, 2025, reflecting an 18% increase over the prior year periods.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>Operating Income</h3><ul><li><strong>Operating Income</strong>: $571.9 million for the three months ended November 30, 2025, and $1,113.8 million for the six months ended November 30, 2025, reflecting increases of 6% and 3%, respectively, over the prior year periods.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>Net Income</h3><ul><li><strong>Net Income</strong>: $395.4 million for the three months ended November 30, 2025, and $779.2 million for the six months ended November 30, 2025, reflecting decreases of 4% and 7%, respectively, compared to the prior year periods.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $1,163.3 million for the six months ended November 30, 2025, compared to $841.1 million for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: -$926.4 million for the six months ended November 30, 2025, compared to -$302.7 million for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li><li><strong>Net Cash Used in Financing Activities</strong>: -$1,097.8 million for the six months ended November 30, 2025, compared to -$776.4 million for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company aims to grow its client base, increase product penetration, drive technology innovation, and pursue strategic acquisitions. The acquisition of Paycor is expected to enhance capabilities in the upmarket segment and expand the suite of AI-driven HCM solutions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li><li><strong>Non-Core Business</strong>: The company incurred acquisition-related costs of $161.9 million for the six months ended November 30, 2025, primarily due to the acquisition of Paycor, which includes amortization of intangibles, compensation costs related to integration, and professional service fees.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/723531/000119312525328698/payx-20251130.htm"></span></li></ul>

Paychex | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 1.558 B