NASDAQ:PAYX
Paychex Inc.
Paychex Inc.'s revenue grew 16.9% in fiscal 2026 to $6.5B while operating margin fell to 38.6%. Free cash flow was $2.3B, 35.7% of revenue, and the diluted share count fell 0.6%.Summary generated from Paychex Inc.'s SEC filings. Latest annual report filed Jul 17, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$6.5B
Revenue growth+16.9%
Revenue, 5-yr CAGR+9.9%
Gross margin74.3%
Operating margin38.6%
Net margin27.0%
ROIC26.1%
Return on equity44.8%
Debt / equity1.22
Free cash flow$2.3B
FCF margin35.7%
Share count change−0.6%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 4,612 | 5,007 | 5,278 | 5,572 | 6,512 |
| Operating income | 1,840 | 2,033 | 2,174 | 2,208 | 2,511 |
| Net income | 1,393 | 1,557 | 1,690 | 1,657 | 1,760 |
| Free cash flow | 1,456 | 1,563 | 1,736 | 1,709 | 2,322 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Aug 31, 2026
Sep 24, 2026 - 8-KResults of operations and financial condition
Sep 23, 2026 - DEF 14AProxy statement
Sep 4, 2026 - 8-KDirector or officer change
Jul 21, 2026 - 10-KAnnual report for the fiscal year ended May 31, 2026
Jul 17, 2026 - 8-KResults of operations and financial condition
Jun 24, 2026