Paychex financials
$99.31+0.01%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 May 31 | FY25 May 31 | FY24 May 31 | FY23 May 31 | FY22 May 31 | FY21 May 31 | FY20 May 31 | FY19 May 31 | FY18 May 31 | FY17 May 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.30B | $5.41B | $5.13B | $4.91B | $4.55B | $4.00B | $4.04B | $3.77B | $3.38B | $3.15B |
| Gross profit | $4.63B | $3.87B | $3.65B | $3.45B | $3.20B | $2.73B | $2.76B | $2.59B | $2.36B | $3.15B |
| Gross margin | 73.4% | 71.5% | 71.2% | 70.4% | 70.2% | 68.2% | 68.3% | 68.8% | 69.9% | 100.0% |
| Operating income | $2.30B | $2.05B | $2.03B | $1.93B | $1.78B | $1.40B | $1.46B | $1.37B | $1.29B | $1.25B |
| Net income | $1.76B | $1.66B | $1.69B | $1.56B | $1.39B | $1.10B | $1.10B | $1.03B | $994.1M | $826.3M |
| Net margin | 27.9% | 30.6% | 32.9% | 31.7% | 30.6% | 27.5% | 27.2% | 27.4% | 29.4% | 26.2% |
| Diluted EPS | $4.89 | $4.58 | $4.67 | $4.30 | $3.84 | $3.03 | $3.04 | $2.86 | $2.75 | $2.28 |
| EBITDA | $2.74B | $2.26B | $2.20B | $2.33B | $2.18B | $1.78B | $1.86B | $1.73B | $1.60B | $1.55B |
| Operating cash flow | $2.56B | $1.90B | $1.90B | $1.71B | $1.59B | $1.26B | $1.44B | $1.27B | $1.28B | $960.4M |
| Free cash flow | $2.28B | $1.68B | $1.71B | $1.55B | $1.45B | $1.13B | $1.30B | $1.14B | $1.08B | $857.5M |
| Diluted shares | 360.0M | 362.0M | 362.1M | 362.3M | 363.1M | 362.1M | 361.0M | 361.8M | 361.5M | 362.6M |
Balance sheet
| Period end | May 31 | May 31 | May 31 | May 31 | May 31 | May 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.09B | $1.63B | $1.47B | $1.22B | $370.0M | $995.2M |
| Short-term investments | $36.3M | $34.5M | $33.9M | $373.4M | $853.9M | $36.7M |
| Total debt | $4.56B | $4.97B | $817.3M | $808.4M | $806.4M | $804.7M |
| Total assets | $16.17B | $16.56B | $10.38B | $10.55B | $9.64B | $9.23B |
| Total liabilities | $12.44B | $12.44B | $6.58B | $7.05B | $6.55B | $6.28B |
| Shareholders' equity | $3.74B | $4.13B | $3.80B | $3.49B | $3.09B | $2.95B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology