---
title: "Paychex | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.558 B"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/270313399.md"
datetime: "2025-12-19T13:39:24.000Z"
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  - [en](https://longbridge.com/en/news/270313399.md)
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---

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# Paychex | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.558 B

Revenue: As of FY2026 Q2, the actual value is USD 1.558 B, beating the estimate of USD 1.553 B.

EPS: As of FY2026 Q2, the actual value is USD 1.1, missing the estimate of USD 1.1346.

EBIT: As of FY2026 Q2, the actual value is USD 623.9 M.

### Segment Revenue

-   **Total Revenue**: Increased by 18% to $1,557.6 million for the second quarter and $3,097.6 million for the six months ended November 30, 2025, compared to the same periods in 2024.
-   **Management Solutions Revenue**: Increased by 21% to $1,166.4 million for the second quarter, driven by the acquisition of Paycor and growth in the number of clients served.
-   **PEO and Insurance Solutions Revenue**: Increased by 6% to $336.9 million for the second quarter, due to growth in the number of average PEO worksite employees and increased PEO insurance revenues.
-   **Interest on Funds Held for Clients**: Increased by 51% to $54.3 million for the second quarter, attributed to higher average investment balances and realized gains from strategic repositioning of the investment portfolio.

### Operational Metrics

-   **Operating Income**: Increased by 6% to $571.9 million for the second quarter and by 3% to $1,113.8 million for the six months.
-   **Adjusted Operating Income**: Increased by 21% to $649.0 million for the second quarter and by 18% to $1,275.7 million for the six months.
-   **Operating Margin**: Decreased to 36.7% for the second quarter from 40.9% in the prior year period.
-   **Adjusted Operating Margin**: Increased to 41.7% for the second quarter from 40.9% in the prior year period.
-   **Net Income**: Decreased by 4% to $395.4 million for the second quarter and by 7% to $779.2 million for the six months.
-   **Adjusted Net Income**: Increased by 11% to $454.6 million for the second quarter and by 8% to $895.4 million for the six months.

### Cash Flow

-   **Cash Flow from Operations**: Was $1,163.3 million for the six months ended November 30, 2025.
-   **Free Cash Flow**: Not explicitly stated, but net cash provided by operating activities was $1,163.3 million, and net cash used in investing activities was - $926.4 million for the six months.

### Unique Metrics

-   **Interest Expense**: Increased to $68.5 million for the second quarter, primarily due to the issuance of incremental debt to finance the acquisition of Paycor.

### Outlook / Guidance

-   **Adjusted Diluted Earnings Per Share**: Expected to grow in the range of 10% to 11% for fiscal 2026.
-   **Other Guidance**: Remains unchanged from previous forecasts.

### 相关股票

- [Paychex (PAYX.US)](https://longbridge.com/zh-CN/quote/PAYX.US.md)

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