PAYX logo Paychex +
Paychex
+

Paychex's Revenue (2016 - 2025)

  • Paychex's annual revenue was $5.57 B in fiscal year 2025. The annual revenue increased $293.40 M from $5.28 B (in 2024) to $5.57 B (in 2025), representing a 5.56% year-over-year growth.

  • Paychex's quarterly revenue was $1.81 B in the quarter ending Feb 2026. The quarterly revenue increased $299.90 M from $1.51 B (in Q3: June 2025) to $1.81 B (in Q3: June 2026), representing a 19.87% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Paychex was $5.57 B in fiscal year 2025.
  • The lowest annual revenue was $2.95 B in fiscal year 2016.
  • The average revenue was $4.18 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.
Continue reading...

Paychex's Revenue Trend

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.

2016

Paychex's annual revenue was $2.95 B in fiscal year 2016.

Paychex's quarterly revenue was $723.00 M(Q1: Aug 2015), $722.40 M(Q2: Nov 2015), $752.60 M(Q3: Feb 2016), $753.90 M(Q4: May 2016) in fiscal year 2016.

Continue reading...

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

2015 0
2016 +7.75
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

2025

Paychex’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

Paychex’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

Paychex’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

Paychex’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

Paychex’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

Paychex’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

Paychex’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

Paychex’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

Paychex’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).

2016

Paychex’s annual revenue increased +7.75% during fiscal year 2016 compared to 2015. It represents a growth of $212.30 M from $2.74 B (in 2015) to $2.95 B (in 2016).

Continue reading...

Paychex Revenue History

Sign in to download table

Period Revenue Year-over-Year Change
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%
FY 2016
$2.95 B $212.30 M 7.75%
Q4: May 16 $753.90 M $61.70 M 8.91%
Q3: Feb 16 $752.60 M $48.30 M 6.86%
Q2: Nov 15 $722.40 M $46.10 M 6.82%
Q1: Aug 15 $723.00 M $56.20 M 8.43%

Frequently Asked Questions

What is the annual revenue of Paychex?

In fiscal year 2025, Paychex's revenue was $5.57 Billion.

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

Paychex's revenue increased by +5.56% (+$293.40 Million) in 2025 compared to 2024.

What is Paychex's most recent quarterly revenue?

In the third quarter (Q3) of 2026, Paychex reported a revenue of $1.81 Billion.

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

Paychex's revenue per share over the trailing twelve months is $17.62.

What is Paychex's revenue per employee?

In the fiscal year 2025, Paychex's revenue per employee was $293.25 K.

What is the annual net income of Paychex?

In fiscal year 2025, Paychex's net income was $1.66 Billion.

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

Management Solutions is Paychex's biggest product segment, generating $4.07 Billion in revenue for fiscal year 2025.

What is Paychex's net income per employee?

In the fiscal year 2025, Paychex's net income per employee was $87.23 K.

Related

People Also Search For

Submit feedback to Bullfincher