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Paychex income statement

In fiscal 2026, Paychex reported revenue of $6.51bn, up 16.9% on the year before, operating income of $2.51bn (a 38.6% margin) and net income of $1.76bn, or $4.89 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010May 20102011May 20112012May 20122013May 20132014May 20142015May 20152016May 20162017May 20172018May 20182019May 20192020May 20202021May 20212022May 20222023May 20232024May 20242025May 20252026May 2026LTMAug 2026
Revenue2,0012,0842,2302,3262,5192,7402,9523,1533,3783,7734,0414,0574,6125,0075,2785,5726,5126,603
Cost of revenue————————1,0181,1781,2811,2711,3561,4531,4791,5401,6751,691
Gross profit————————2,3602,5952,7602,7863,2553,5543,7994,0314,8384,912
Selling, general and administrative6226467067508048789489801,0681,2231,2991,3251,4151,5211,6251,8242,3272,324
Operating income7257868549059831,0541,1471,2541,2921,3711,4611,4611,8402,0332,1742,2082,5112,588
Interest expense————11134183936373737105270266
Income before tax7297928609119881,0601,1511,2591,3001,3681,4371,4341,8252,0482,2182,1762,3112,378
Income tax252277312342361385394433306334339337432491528519551572
Net income4775155485696286757578269941,0341,0981,0981,3931,5571,6901,6571,7601,806
Diluted EPS$1.32$1.42$1.51$1.56$1.71$1.85$2.09$2.28$2.75$2.86$3.04$3.03$3.84$4.30$4.67$4.58$4.89$5.04
Diluted shares (average)362m362m363m365m366m365m363m363m362m362m361m362m363m362m362m362m360m359m
EBITDA8118759521,0031,0881,1601,2621,3811,4301,5531,6701,6532,0322,2102,3512,4172,9532,882

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Paychex's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Paychex.