The financials
Paychex by the numbers
Paychex (PAYX) reported revenue of $1.61B in Q4 2026 (quarter ended May 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 74% and net income of $421M (26% of revenue). For the full year FY2026, revenue was $6.51B (+17% year on year) and net income $1.76B. Its largest product in 2026-Q1 was Management Solutions at $1.35B, 77% of the disclosed total, just ahead of Peo And Insurance Solutions at 23%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $1.61B | $1.43B | +12% |
| Gross profit | $1.19B | $1.03B | +15% |
| Operating income | $605M | $431M | +40% |
| Net income | $421M | $297M | +42% |
| Diluted EPS | $1.18 | $0.82 | +44% |
| Product | Revenue | Share |
|---|---|---|
| Management Solutions | $1.35B | 77% |
| Peo And Insurance Solutions | $398M | 23% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.75B (+17%)
Management Solutions grew +23% year on yearPeo And Insurance Solutions +8.8% year on year
Segment Latestquarter on quarteryear on year
- Management Solutions$1.35B$1.35BQoQ +16%year on year +23%+16%+23%
- Peo And Insurance Solutions$397.5M$397.5MQoQ +18%year on year +8.8%+18%+8.8%
Software - Application
Ranks #10 of 90 by Smart Score