Automatic Data Process

Q4 FY2026 EarningsFY26 Q4 (full-year) results slightly beat consensus on the top and bottom lines, with total revenue of $21.95B (+0.55% variance) and Adjusted Diluted EPS of $11.12 (+0.36% variance). Employer Services drove growth with a 7% revenue increase and 60 bps margin expansion, while PEO Services faced margin pressure, declining 110 bps YoY due to higher selling and insurance-related costs. Management returned $4.7B to shareholders through dividends and $2.1B in share repurchases, and FY27 CapEx guidance of $200M-$225M suggests continued investment in AI-enabled HCM infrastructure.