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Paychex's Revenue (2017 - 2026)

  • Paychex's annual revenue was $6.51 B in fiscal year 2026. The annual revenue increased $940.30 M from $5.57 B (in 2025) to $6.51 B (in 2026), representing a 16.88% year-over-year growth. ... See more

  • Paychex's quarterly revenue was $1.61 B in the quarter ending May 2026. The quarterly revenue increased $178.20 M from $1.43 B (in Q4: Sept 2025) to $1.61 B (in Q4: Sept 2026), representing a 12.49% year-over-year growth.

    • Over the past 10 years (2017 - 2026):
  • The highest annual revenue for Paychex was $6.51 B in fiscal year 2026.
  • The lowest annual revenue was $3.15 B in fiscal year 2017.
  • The average revenue was $4.54 B.

    • Learn more about Paychex's Revenue by Segment and Revenue by Region.

    Check out competitors to Paychex in a side-by-side comparison.

    Explore additional financial metrics for Paychex.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Paychex's Revenue Trend

Last Updated: May 31, 2026 |

2026

Paychex's annual revenue was $6.51 B in fiscal year 2026.

Paychex's quarterly revenue was $1.54 B(Q1: Aug 2025), $1.56 B(Q2: Nov 2025), $1.81 B(Q3: Feb 2026), $1.61 B(Q4: May 2026) in fiscal year 2026. ... See more

2025

Paychex's annual revenue was $5.57 B in fiscal year 2025.

Paychex's quarterly revenue was $1.32 B(Q1: Aug 2024), $1.32 B(Q2: Nov 2024), $1.51 B(Q3: Feb 2025), $1.43 B(Q4: May 2025) in fiscal year 2025.

2024

Paychex's annual revenue was $5.28 B in fiscal year 2024.

Paychex's quarterly revenue was $1.29 B(Q1: Aug 2023), $1.26 B(Q2: Nov 2023), $1.44 B(Q3: Feb 2024), $1.30 B(Q4: May 2024) in fiscal year 2024.

2023

Paychex's annual revenue was $5.01 B in fiscal year 2023.

Paychex's quarterly revenue was $1.21 B(Q1: Aug 2022), $1.19 B(Q2: Nov 2022), $1.38 B(Q3: Feb 2023), $1.23 B(Q4: May 2023) in fiscal year 2023.

2022

Paychex's annual revenue was $4.61 B in fiscal year 2022.

Paychex's quarterly revenue was $1.08 B(Q1: Aug 2021), $1.11 B(Q2: Nov 2021), $1.28 B(Q3: Feb 2022), $1.14 B(Q4: May 2022) in fiscal year 2022.

2021

Paychex's annual revenue was $4.06 B in fiscal year 2021.

Paychex's quarterly revenue was $932.20 M(Q1: Aug 2020), $983.70 M(Q2: Nov 2020), $1.11 B(Q3: Feb 2021), $1.03 B(Q4: May 2021) in fiscal year 2021.

2020

Paychex's annual revenue was $4.04 B in fiscal year 2020.

Paychex's quarterly revenue was $992.00 M(Q1: Aug 2019), $990.70 M(Q2: Nov 2019), $1.14 B(Q3: Feb 2020), $915.10 M(Q4: May 2020) in fiscal year 2020.

2019

Paychex's annual revenue was $3.77 B in fiscal year 2019.

Paychex's quarterly revenue was $862.80 M(Q1: Aug 2018), $858.90 M(Q2: Nov 2018), $1.07 B(Q3: Feb 2019), $980.40 M(Q4: May 2019) in fiscal year 2019.

2018

Paychex's annual revenue was $3.38 B in fiscal year 2018.

Paychex's quarterly revenue was $816.80 M(Q1: Aug 2017), $826.50 M(Q2: Nov 2017), $866.50 M(Q3: Feb 2018), $871.10 M(Q4: May 2018) in fiscal year 2018.

2017

Paychex's annual revenue was $3.15 B in fiscal year 2017.

Paychex's quarterly revenue was $785.50 M(Q1: Aug 2016), $771.40 M(Q2: Nov 2016), $795.80 M(Q3: Feb 2017), $798.60 M(Q4: May 2017) in fiscal year 2017.

... See more ... See more

Paychex's Revenue (Year-over-Year Change)

Year Change
2017 +6.75
2018 +7.29
2019 +11.58
2020 +7.10
2021 +0.40
2022 +13.68
2023 +8.57
2024 +5.42
2025 +5.56
2026 +16.88
Last Updated: May 31, 2026 |

2026

Paychexโ€™s annual revenue increased +16.88% during fiscal year 2026 compared to 2025. It represents a growth of $940.30 M from $5.57 B (in 2025) to $6.51 B (in 2026). ... See more

2025

Paychexโ€™s annual revenue increased +5.56% during fiscal year 2025 compared to 2024. It represents a growth of $293.40 M from $5.28 B (in 2024) to $5.57 B (in 2025).

2024

Paychexโ€™s annual revenue increased +5.42% during fiscal year 2024 compared to 2023. It represents a growth of $271.20 M from $5.01 B (in 2023) to $5.28 B (in 2024).

2023

Paychexโ€™s annual revenue increased +8.57% during fiscal year 2023 compared to 2022. It represents a growth of $395.40 M from $4.61 B (in 2022) to $5.01 B (in 2023).

2022

Paychexโ€™s annual revenue increased +13.68% during fiscal year 2022 compared to 2021. It represents a growth of $554.90 M from $4.06 B (in 2021) to $4.61 B (in 2022).

2021

Paychexโ€™s annual revenue increased +0.40% during fiscal year 2021 compared to 2020. It represents a growth of $16.30 M from $4.04 B (in 2020) to $4.06 B (in 2021).

2020

Paychexโ€™s annual revenue increased +7.10% during fiscal year 2020 compared to 2019. It represents a growth of $268.00 M from $3.77 B (in 2019) to $4.04 B (in 2020).

2019

Paychexโ€™s annual revenue increased +11.58% during fiscal year 2019 compared to 2018. It represents a growth of $391.60 M from $3.38 B (in 2018) to $3.77 B (in 2019).

2018

Paychexโ€™s annual revenue increased +7.29% during fiscal year 2018 compared to 2017. It represents a growth of $229.60 M from $3.15 B (in 2017) to $3.38 B (in 2018).

2017

Paychexโ€™s annual revenue increased +6.75% during fiscal year 2017 compared to 2016. It represents a growth of $199.40 M from $2.95 B (in 2016) to $3.15 B (in 2017).

... See more ... See more

Paychex Revenue History

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Period Revenue Year-over-Year Change
FY 2026
$6.51 B $940.30 M 16.88%
Q4: May 26 $1.61 B $178.20 M 12.49%
Q3: Feb 26 $1.81 B $299.90 M 19.87%
Q2: Nov 25 $1.56 B $240.70 M 18.28%
Q1: Aug 25 $1.54 B $221.50 M 16.8%
FY 2025
$5.57 B $293.40 M 5.56%
Q4: May 25 $1.43 B $132.20 M 10.21%
Q3: Feb 25 $1.51 B $69.70 M 4.84%
Q2: Nov 24 $1.32 B $59.00 M 4.69%
Q1: Aug 24 $1.32 B $32.50 M 2.53%
FY 2024
$5.28 B $271.20 M 5.42%
Q4: May 24 $1.30 B $65.50 M 5.33%
Q3: Feb 24 $1.44 B $58.30 M 4.22%
Q2: Nov 23 $1.26 B $67.60 M 5.68%
Q1: Aug 23 $1.29 B $79.80 M 6.62%
FY 2023
$5.01 B $395.40 M 8.57%
Q4: May 23 $1.23 B $85.30 M 7.45%
Q3: Feb 23 $1.38 B $105.00 M 8.23%
Q2: Nov 22 $1.19 B $81.80 M 7.38%
Q1: Aug 22 $1.21 B $123.30 M 11.39%
FY 2022
$4.61 B $554.90 M 13.68%
Q4: May 22 $1.14 B $115.10 M 11.18%
Q3: Feb 22 $1.28 B $164.30 M 14.78%
Q2: Nov 21 $1.11 B $124.80 M 12.69%
Q1: Aug 21 $1.08 B $150.70 M 16.17%
FY 2021
$4.06 B $16.30 M 0.4%
Q4: May 21 $1.03 B $114.10 M 12.47%
Q3: Feb 21 $1.11 B -$31.00 M 2.71%
Q2: Nov 20 $983.70 M -$7.00 M 0.71%
Q1: Aug 20 $932.20 M -$59.80 M 6.03%
FY 2020
$4.04 B $268.00 M 7.1%
Q4: May 20 $915.10 M -$65.30 M 6.66%
Q3: Feb 20 $1.14 B $72.30 M 6.75%
Q2: Nov 19 $990.70 M $131.80 M 15.35%
Q1: Aug 19 $992.00 M $129.20 M 14.97%
FY 2019
$3.77 B $391.60 M 11.58%
Q4: May 19 $980.40 M $109.30 M 12.55%
Q3: Feb 19 $1.07 B $203.90 M 23.53%
Q2: Nov 18 $858.90 M $32.40 M 3.92%
Q1: Aug 18 $862.80 M $46.00 M 5.63%
FY 2018
$3.38 B $229.60 M 7.29%
Q4: May 18 $871.10 M $72.50 M 9.08%
Q3: Feb 18 $866.50 M $70.70 M 8.88%
Q2: Nov 17 $826.50 M $55.10 M 7.14%
Q1: Aug 17 $816.80 M $31.30 M 3.98%
FY 2017
$3.15 B $199.40 M 6.75%
Q4: May 17 $798.60 M $44.70 M 5.93%
Q3: Feb 17 $795.80 M $43.20 M 5.74%
Q2: Nov 16 $771.40 M $49.00 M 6.78%
Q1: Aug 16 $785.50 M $62.50 M 8.64%
Last Updated: May 31, 2026 |
Last updated May 31, 2026
Latest quarterly period ended Q4 FY2026 (May 31, 2026)
Latest annual period ended FY 2026 (May 31, 2026)
Data provided by Financial Modeling Prep
Original source Company Forms 10-Q and 10-K filed with the SEC
Methodology Company-reported financial data
Limitations Historical values may change because of company restatements or reclassifications
Links View source filings

Frequently Asked Questions

What is the annual revenue of Paychex?

In fiscal year 2026, Paychex's revenue was $6.51 Billion.

How much did Paychex's revenue change in the last year?

Paychex's revenue increased by +16.88% (+$940.30 Million) in 2026 compared to 2025.

What is Paychex's most recent quarterly revenue?

In the fourth quarter (Q4) of 2026, Paychex reported a revenue of $1.61 Billion.

What is Paychex's revenue per share (TTM)?

Paychex's revenue per share over the trailing twelve months is $18.21.

What is Paychex's revenue per employee?

In the fiscal year 2026, Paychex's revenue per employee was $370.00 K.

What is the annual net income of Paychex?

In fiscal year 2026, Paychex's net income was $1.76 Billion.

What is Paychex's biggest product segment, and what is its revenue?

Management Solutions is Paychex's biggest product segment, generating $4.87 Billion in revenue for fiscal year 2026.

What is Paychex's net income per employee?

In the fiscal year 2026, Paychex's net income per employee was $100.01 K.

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