Paychex Inc FY 2026: Revenue $6.51B, EPS $4.89— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Paychex Inc reported FY2026 revenue of $6.51B and diluted EPS of $4.89, driven by the Paycor acquisition and higher revenue per client. Net income reached $1.76B. The company expanded its upmarket position and technology suite with the WISE AI engine, serving approximately 840K customers with strong retention rates.
Paychex Inc reported fiscal 2026 revenue of $6.51B and diluted earnings per share of $4.89, with net income of $1.76B, reflecting year-over-year growth driven by the Paycor acquisition and higher revenue per client.
Financial Highlights
- Revenue was $6.51B, compared with $5.57B in the prior year; YoY change 17%.
- Net income was $1.76B, compared with $1.66B in the prior year; YoY change 6%.
- Diluted EPS was $4.89, compared with $4.58 in the prior year; YoY change 7%.
Business Highlights
- Revenue growth: Total revenue rose 17% to $6.5B in FY2026, led by the April 2025 acquisition of Paycor and higher revenue per client.
- Channel & product penetration: Increased penetration beyond payroll into HR outsourcing (ASO/PEO) and retirement solutions.
- Brand & acquisition momentum: The Paycor acquisition expanded Paychex’s upmarket position, added to its technology suite and cross-sell opportunities.
- Technology & AI investment: Launched the WISE AI engine, which powers roughly 600 AI features and agents, with continued platform enhancements across brands.
- Customer scale & retention: Served about 840K customers (approximately 800K payroll clients) with payroll retention near 82–83% and sustained high revenue retention.
Original SEC Filing: PAYCHEX INC [ PAYX ] - 10-K - Jul. 17, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.