Paychex Reports First‑Quarter 2026 Results: Revenue Up 17%, EPS Down 10%

PAYX
October 02, 2025
Paychex, Inc. announced its fiscal first‑quarter 2026 results on October 2, 2025. Total revenue rose 17% to $1.54 billion, while operating income fell 1% to $541.9 million. Adjusted operating income grew 15% to $626.7 million. Diluted earnings per share declined 10% to $1.06, compared with $1.18 a year earlier, but adjusted diluted EPS increased 5% to $1.22. Net income fell to $383.8 million from $427.4 million, whereas adjusted net income rose to $440.8 million. The company’s operating margin slipped to 35.2% from 41.5%. The results reflect continued revenue momentum driven by the Paycor integration, but higher expenses and a decline in earnings per share highlight the impact of integration costs and higher interest expense. The company’s adjusted metrics show a 15% rise in operating income and a 5% increase in adjusted EPS, underscoring the resilience of its core business. Investors will watch how Paychex balances growth with cost control in the coming quarters. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.