Paychex

Q4 FY2026 EarningsFY26 full-year results were largely in line with consensus on the top line while slightly exceeding expectations on adjusted profitability. Total revenue reached $6,512.0M, essentially matching the $6,512.5M consensus, with the Paycor acquisition driving 12% of the 17% YoY growth. Adjusted EPS of $5.51 beat the $5.50 expectation, though GAAP EPS of $4.89 missed the $4.93 target due to $304.2M in acquisition-related expenses. Management Solutions revenue surged 20% YoY, reflecting strong price realization and upmarket penetration.