Paychex, Inc. (PAYX) — Financial statements
Income statement, balance sheet, and cash flow for Paychex, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,512↑16.9% | 5,572↑5.6% | 5,278↑5.4% | 5,007↑8.6% | 4,612 | |
| Cost of Revenue | 1,675↑8.7% | 1,540↑4.1% | 1,479↑1.8% | 1,453↑7.1% | 1,356 | |
| Gross Profit | 4,838↑20.0% | 4,031↑6.1% | 3,799↑6.9% | 3,554↑9.2% | 3,255 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,327↑27.6% | 1,824↑12.2% | 1,625↑6.8% | 1,521↑7.5% | 1,415 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,327↑27.6% | 1,824↑12.2% | 1,625↑6.8% | 1,521↑7.5% | 1,415 | |
| Total Costs & Expenses | 4,002↑19.0% | 3,364↑8.4% | 3,104↑4.4% | 2,974↑7.3% | 2,772 | |
| Operating Results | ||||||
| Operating Income | 2,511↑13.7% | 2,208↑1.5% | 2,174↑6.9% | 2,033↑10.5% | 1,840 | |
| Depreciation & Amortization | 443↑111.3% | 210↑18.7% | 177↓0.1% | 177↓7.9% | 192 | |
| EBITDA | 2,953↑18.6% | 2,491↑2.4% | 2,432↑10.1% | 2,210↑8.8% | 2,032 | |
| EBIT | 2,511↑10.0% | 2,281↑1.2% | 2,255↑10.9% | 2,033↑10.5% | 1,840 | |
| Interest & Other Income | ||||||
| Net Interest Income | -270↓726.7% | -33↓171.8% | 45↑266.1% | 12↑136.8% | -34 | |
| Interest Income | 0.00↓100.0% | 73↓12.0% | 83↑68.4% | 49↑1593.1% | 3 | |
| Interest Expense | 270↑155.7% | 105↑182.6% | 37↑1.6% | 37↑0.3% | 37 | |
| Non-Operating Income | 0.00↑100.0% | -74↑9.4% | -81 | 0.00 | 0.00 | |
| Other Income / Expenses | -200↓527.7% | -32↓172.4% | 44↑190.7% | 15↑198.1% | -15 | |
| Income Before Tax | 2,311↑6.2% | 2,176↓1.9% | 2,218↑8.3% | 2,048↑12.3% | 1,825 | |
| Income Tax Expense | 551↑6.2% | 519↓1.7% | 528↑7.5% | 491↑13.7% | 432 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,760↑6.2% | 1,657↓2.0% | 1,690↑8.5% | 1,557↑11.8% | 1,393 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,760↑6.2% | 1,657↓2.0% | 1,690↑8.5% | 1,557↑11.8% | 1,393 | |
| Bottom-Line Net Income | 1,760↑6.2% | 1,657↓2.0% | 1,690↑8.5% | 1,557↑11.8% | 1,393 | |
| EPS (Basic) | 4.90↑6.5% | 4.60↓1.9% | 4.69↑8.6% | 4.32↑11.9% | 3.86 | |
| EPS (Diluted) | 4.89↑6.8% | 4.58↓1.9% | 4.67↑8.6% | 4.30↑12.0% | 3.84 | |
| Weighted Average Shares | 359↓0.4% | 360↓0.0% | 360↓0.0% | 360↓0.1% | 361 | |
| Weighted Average Diluted Shares | 360↓0.6% | 362↓0.0% | 362↓0.1% | 362↓0.2% | 363 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.