Paychex net income 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Paychex earned 429.70M USD in Q1 FY2027, the three months to 31 August 2026, up 12.0% on the same quarter a year before. Paychex's net income over the last twelve months was 1.81B USD, up 11.9% on the twelve months before. In fiscal year 2026 it earned 1.76B USD, up 6.2% on the year before.
Last updated 8 Nov 2026 · Next report 18 Dec 2026
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 31 Aug 2026 | 1.81B | +11.92% | 27.35% | 6.60B |
| FY2026 | 31 May 2026 | 1.76B | +6.20% | 27.03% | 6.51B |
| FY2025 | 31 May 2025 | 1.66B | -1.96% | 29.74% | 5.57B |
| FY2024 | 31 May 2024 | 1.69B | +8.55% | 32.03% | 5.28B |
| FY2023 | 31 May 2023 | 1.56B | +11.81% | 31.10% | 5.01B |
| FY2022 | 31 May 2022 | 1.39B | +26.91% | 30.20% | 4.61B |
| FY2021 | 31 May 2021 | 1.10B | -0.05% | 27.05% | 4.06B |
| FY2020 | 31 May 2020 | 1.10B | +6.16% | 27.18% | 4.04B |
| FY2019 | 31 May 2019 | 1.03B | +10.79% | 27.42% | 3.77B |
| FY2018 | 31 May 2018 | 933.70M | +14.24% | 27.62% | 3.38B |
| FY2017 | 31 May 2017 | 817.30M | +7.99% | 25.94% | 3.15B |
| FY2016 | 31 May 2016 | 756.80M | +12.14% | 25.64% | 2.95B |
| FY2015 | 31 May 2015 | 674.90M | +7.55% | 24.63% | 2.74B |
| FY2014 | 31 May 2014 | 627.50M | +10.28% | 24.91% | 2.52B |
| FY2013 | 31 May 2013 | 569.00M | +3.83% | 24.46% | 2.33B |
| FY2012 | 31 May 2012 | 548.00M | +6.35% | 24.58% | 2.23B |
| FY2011 | 31 May 2011 | 515.30M | +8.03% | 24.72% | 2.08B |
| FY2010 | 31 May 2010 | 477.00M | -10.60% | 23.84% | 2.00B |
| FY2009 | 31 May 2009 | 533.55M | -7.39% | 25.62% | 2.08B |
| FY2008 | 31 May 2008 | 576.15M | +11.78% | 27.88% | 2.07B |
| FY2007 | 31 May 2007 | 515.45M | +10.87% | 27.32% | 1.89B |
| FY2006 | 31 May 2006 | 464.91M | +26.04% | 27.76% | 1.67B |
| FY2005 | 31 May 2005 | 368.85M | +21.75% | 25.52% | 1.45B |
| FY2004 | 31 May 2004 | 302.95M | +3.24% | 23.41% | 1.29B |
| FY2003 | 31 May 2003 | 293.45M | +6.89% | 28.05% | 1.05B |
| FY2002 | 31 May 2002 | 274.53M | +7.71% | 28.75% | 954.91M |
| FY2001 | 31 May 2001 | 254.87M | +34.14% | 29.30% | 869.86M |
| FY2000 | 31 May 2000 | 190.01M | +36.60% | 26.10% | 728.12M |
| FY1999 | 31 May 1999 | 139.10M | +36.11% | 11.83% | 1.18B |
| FY1998 | 31 May 1998 | 102.20M | +35.90% | 10.29% | 993.40M |
| FY1997 | 31 May 1997 | 75.20M | +43.79% | 10.24% | 734.70M |
| FY1996 | 31 May 1996 | 52.30M | +34.10% | 16.08% | 325.30M |
| FY1995 | 31 May 1995 | 39.00M | +38.79% | 14.60% | 267.20M |
| FY1994 | 31 May 1994 | 28.10M | +40.50% | 12.54% | 224.10M |
| FY1993 | 31 May 1993 | 20.00M | +45.99% | 10.53% | 190.00M |
| FY1992 | 31 May 1992 | 13.70M | +42.71% | 8.49% | 161.30M |
| FY1991 | 31 May 1991 | 9.60M | +11.63% | 7.00% | 137.10M |
| FY1990 | 31 May 1990 | 8.60M | -8.51% | 7.15% | 120.20M |
| FY1989 | 31 May 1989 | 9.40M | +36.23% | 9.29% | 101.20M |
| FY1988 | 31 May 1988 | 6.90M | +35.29% | 8.69% | 79.40M |
| FY1987 | 31 May 1987 | 5.10M | +21.43% | 7.98% | 63.90M |
| FY1986 | 31 May 1986 | 4.20M | — | 8.28% | 50.70M |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q1 FY2027 | 31 Aug 2026 | 429.70M | +11.96% | 26.35% | 1.63B |
| Q4 FY2026 | 31 May 2026 | 420.60M | +41.52% | 26.20% | 1.61B |
| Q3 FY2026 | 28 Feb 2026 | 560.30M | +7.90% | 30.97% | 1.81B |
| Q2 FY2026 | 30 Nov 2025 | 395.40M | -4.35% | 25.39% | 1.56B |
| Q1 FY2026 | 31 Aug 2025 | 383.80M | -10.20% | 24.92% | 1.54B |
| Q4 FY2025 | 31 May 2025 | 297.20M | -21.77% | 20.82% | 1.43B |
| Q3 FY2025 | 28 Feb 2025 | 519.30M | +4.15% | 34.41% | 1.51B |
| Q2 FY2025 | 30 Nov 2024 | 413.40M | +5.27% | 31.39% | 1.32B |
| Q1 FY2025 | 31 Aug 2024 | 427.40M | +1.96% | 32.42% | 1.32B |
| Q4 FY2024 | 31 May 2024 | 379.90M | +8.42% | 29.33% | 1.30B |
| Q3 FY2024 | 29 Feb 2024 | 498.60M | +6.68% | 34.64% | 1.44B |
| Q2 FY2024 | 30 Nov 2023 | 392.70M | +8.99% | 31.22% | 1.26B |
| Q1 FY2024 | 31 Aug 2023 | 419.20M | +10.55% | 32.60% | 1.29B |
| Q4 FY2023 | 31 May 2023 | 350.40M | +18.22% | 28.50% | 1.23B |
| Q3 FY2023 | 28 Feb 2023 | 467.40M | +8.52% | 33.85% | 1.38B |
| Q2 FY2023 | 30 Nov 2022 | 360.30M | +8.49% | 30.27% | 1.19B |
| Q1 FY2023 | 31 Aug 2022 | 379.20M | +13.67% | 31.44% | 1.21B |
| Q4 FY2022 | 31 May 2022 | 296.40M | +12.70% | 25.90% | 1.14B |
| Q3 FY2022 | 28 Feb 2022 | 430.70M | +22.88% | 33.75% | 1.28B |
| Q2 FY2022 | 30 Nov 2021 | 332.10M | +21.92% | 29.96% | 1.11B |
| Q1 FY2022 | 31 Aug 2021 | 333.60M | +57.66% | 30.81% | 1.08B |
| Q4 FY2021 | 31 May 2021 | 263.00M | +19.17% | 25.55% | 1.03B |
| Q3 FY2021 | 28 Feb 2021 | 350.50M | -1.13% | 31.53% | 1.11B |
| Q2 FY2021 | 30 Nov 2020 | 272.40M | +5.30% | 27.69% | 983.70M |
| Q1 FY2021 | 31 Aug 2020 | 211.60M | -19.91% | 22.70% | 932.20M |
| Q4 FY2020 | 31 May 2020 | 220.70M | -4.21% | 24.12% | 915.10M |
| Q3 FY2020 | 29 Feb 2020 | 354.50M | +9.21% | 31.02% | 1.14B |
| Q2 FY2020 | 30 Nov 2019 | 258.70M | +9.71% | 26.11% | 990.70M |
| Q1 FY2020 | 31 Aug 2019 | 264.20M | +8.46% | 26.63% | 992.00M |
| Q4 FY2019 | 31 May 2019 | 230.40M | +0.83% | 23.50% | 980.40M |
| Q3 FY2019 | 28 Feb 2019 | 324.60M | +24.65% | 30.33% | 1.07B |
| Q2 FY2019 | 30 Nov 2018 | 235.80M | +8.66% | 27.45% | 858.90M |
| Q1 FY2019 | 31 Aug 2018 | 243.60M | +6.94% | 28.23% | 862.80M |
| Q4 FY2018 | 31 May 2018 | 228.50M | +17.00% | 26.23% | 871.10M |
| Q3 FY2018 | 28 Feb 2018 | 260.40M | +28.59% | 30.05% | 866.50M |
| Q2 FY2018 | 30 Nov 2017 | 217.00M | +7.37% | 26.26% | 826.50M |
| Q1 FY2018 | 31 Aug 2017 | 227.80M | +4.78% | 27.89% | 816.80M |
| Q4 FY2017 | 31 May 2017 | 195.30M | +9.66% | 24.46% | 798.60M |
| Q3 FY2017 | 28 Feb 2017 | 202.50M | +12.25% | 25.45% | 795.80M |
| Q2 FY2017 | 30 Nov 2016 | 202.10M | +6.82% | 26.20% | 771.40M |
| Q1 FY2017 | 31 Aug 2016 | 217.40M | +3.97% | 27.68% | 785.50M |
| Q4 FY2016 | 31 May 2016 | 178.10M | +10.48% | 23.62% | 753.90M |
| Q3 FY2016 | 29 Feb 2016 | 180.40M | +6.49% | 23.97% | 752.60M |
| Q2 FY2016 | 30 Nov 2015 | 189.20M | +9.36% | 26.19% | 722.40M |
| Q1 FY2016 | 31 Aug 2015 | 209.10M | +22.07% | 28.92% | 723.00M |
| Q4 FY2015 | 31 May 2015 | 161.20M | +10.49% | 23.29% | 692.20M |
| Q3 FY2015 | 28 Feb 2015 | 169.40M | +5.81% | 24.05% | 704.30M |
| Q2 FY2015 | 30 Nov 2014 | 173.00M | +9.01% | 25.58% | 676.30M |
| Q1 FY2015 | 31 Aug 2014 | 171.30M | +5.22% | 25.69% | 666.80M |
| Q4 FY2014 | 31 May 2014 | 145.90M | +18.14% | 22.83% | 639.00M |
| Q3 FY2014 | 28 Feb 2014 | 160.10M | +10.80% | 25.15% | 636.50M |
| Q2 FY2014 | 30 Nov 2013 | 158.70M | +7.30% | 26.00% | 610.50M |
| Q1 FY2014 | 31 Aug 2013 | 162.80M | +6.34% | 26.78% | 607.90M |
| Q4 FY2013 | 31 May 2013 | 123.50M | +0.16% | 21.10% | 585.30M |
| Q3 FY2013 | 28 Feb 2013 | 144.50M | +6.72% | 24.36% | 593.30M |
| Q2 FY2013 | 30 Nov 2012 | 147.90M | +5.34% | 26.44% | 559.40M |
| Q1 FY2013 | 31 Aug 2012 | 153.10M | +2.82% | 26.48% | 578.20M |
| Q4 FY2012 | 31 May 2012 | 123.30M | +3.70% | 22.36% | 551.50M |
| Q3 FY2012 | 29 Feb 2012 | 135.40M | +3.68% | 24.24% | 558.50M |
| Q2 FY2012 | 30 Nov 2011 | 140.40M | +4.85% | 26.24% | 535.00M |
| Q1 FY2012 | 31 Aug 2011 | 148.90M | +12.89% | 26.97% | 552.00M |
| Q4 FY2011 | 31 May 2011 | 118.90M | +2.92% | 22.75% | 522.70M |
| Q3 FY2011 | 28 Feb 2011 | 130.60M | +16.60% | 25.13% | 519.60M |
| Q2 FY2011 | 30 Nov 2010 | 133.90M | +6.40% | 26.15% | 512.00M |
| Q1 FY2011 | 31 Aug 2010 | 131.90M | +6.70% | 25.45% | 518.30M |
| Q4 FY2010 | 31 May 2010 | 115.52M | +1.51% | 23.94% | 482.48M |
| Q3 FY2010 | 28 Feb 2010 | 112.01M | -14.36% | 22.68% | 493.79M |
| Q2 FY2010 | 30 Nov 2009 | 125.85M | -10.26% | 26.05% | 483.02M |
| Q1 FY2010 | 31 Aug 2009 | 123.62M | -16.87% | 25.41% | 486.49M |
| Q4 FY2009 | 31 May 2009 | 113.80M | -16.00% | 27.07% | 420.48M |
| Q3 FY2009 | 28 Feb 2009 | 130.79M | -8.20% | 24.74% | 528.58M |
| Q2 FY2009 | 30 Nov 2008 | 140.24M | -4.67% | 26.76% | 524.16M |
| Q1 FY2009 | 31 Aug 2008 | 148.71M | -1.57% | 27.84% | 534.09M |
| Q4 FY2008 | 31 May 2008 | 135.48M | +11.88% | 26.09% | 519.23M |
| Q3 FY2008 | 29 Feb 2008 | 142.47M | +12.54% | 26.77% | 532.17M |
| Q2 FY2008 | 30 Nov 2007 | 147.11M | +10.89% | 28.97% | 507.79M |
| Q1 FY2008 | 31 Aug 2007 | 151.08M | +11.84% | 29.79% | 507.13M |
| Q4 FY2007 | 31 May 2007 | 121.10M | -1.34% | 24.85% | 487.35M |
| Q3 FY2007 | 28 Feb 2007 | 126.60M | +10.53% | 26.09% | 485.29M |
| Q2 FY2007 | 30 Nov 2006 | 132.67M | +17.81% | 29.16% | 454.96M |
| Q1 FY2007 | 31 Aug 2006 | 135.08M | +17.43% | 29.41% | 459.37M |
| Q4 FY2006 | 31 May 2006 | 122.74M | +20.95% | 27.87% | 440.48M |
| Q3 FY2006 | 28 Feb 2006 | 114.53M | +23.44% | 26.60% | 430.59M |
| Q2 FY2006 | 30 Nov 2005 | 112.61M | +29.64% | 28.17% | 399.82M |
| Q1 FY2006 | 31 Aug 2005 | 115.03M | +31.13% | 28.49% | 403.72M |
| Q4 FY2005 | 31 May 2005 | 101.48M | +65.27% | 26.77% | 379.02M |
| Q3 FY2005 | 28 Feb 2005 | 92.78M | +15.23% | 24.82% | 373.86M |
| Q2 FY2005 | 30 Nov 2004 | 86.87M | +7.66% | 25.01% | 347.29M |
| Q1 FY2005 | 31 Aug 2004 | 87.72M | +9.18% | 25.43% | 344.98M |
| Q4 FY2004 | 31 May 2004 | 61.41M | -13.93% | 18.59% | 330.39M |
| Q3 FY2004 | 29 Feb 2004 | 80.52M | +12.58% | 23.50% | 342.61M |
| Q2 FY2004 | 30 Nov 2003 | 80.68M | +8.08% | 25.85% | 312.10M |
| Q1 FY2004 | 31 Aug 2003 | 80.34M | +5.80% | 25.98% | 309.25M |
| Q4 FY2003 | 31 May 2003 | 71.34M | +3.89% | 30.13% | 236.76M |
| Q3 FY2003 | 28 Feb 2003 | 71.52M | +6.79% | 24.85% | 287.79M |
| Q2 FY2003 | 30 Nov 2002 | 74.65M | +8.67% | 27.77% | 268.81M |
| Q1 FY2003 | 31 Aug 2002 | 75.94M | +8.19% | 30.05% | 252.68M |
| Q4 FY2002 | 31 May 2002 | 68.67M | +1.34% | 28.11% | 244.31M |
| Q3 FY2002 | 28 Feb 2002 | 66.97M | +0.94% | 27.58% | 242.80M |
| Q2 FY2002 | 30 Nov 2001 | 68.70M | +10.58% | 29.49% | 232.99M |
| Q1 FY2002 | 31 Aug 2001 | 70.19M | +19.72% | 29.89% | 234.81M |
| Q4 FY2001 | 31 May 2001 | 67.76M | +31.30% | 29.64% | 228.62M |
| Q3 FY2001 | 28 Feb 2001 | 66.35M | +33.77% | 28.94% | 229.26M |
| Q2 FY2001 | 30 Nov 2000 | 62.13M | +35.65% | 29.85% | 208.10M |
| Q1 FY2001 | 31 Aug 2000 | 58.63M | +36.35% | 28.76% | 203.88M |
| Q4 FY2000 | 31 May 2000 | 51.61M | +36.17% | 26.17% | 197.22M |
| Q3 FY2000 | 29 Feb 2000 | 49.60M | +37.02% | 25.81% | 192.20M |
| Q2 FY2000 | 30 Nov 1999 | 45.80M | +36.31% | 26.57% | 172.40M |
| Q1 FY2000 | 31 Aug 1999 | 43.00M | +36.94% | 25.84% | 166.40M |
| Q4 FY1999 | 31 May 1999 | 37.90M | +35.36% | 12.43% | 304.90M |
| Q3 FY1999 | 28 Feb 1999 | 36.20M | +37.12% | 11.80% | 306.70M |
| Q2 FY1999 | 30 Nov 1998 | 33.60M | +36.03% | 11.91% | 282.00M |
| Q1 FY1999 | 31 Aug 1998 | 31.40M | +35.93% | 11.14% | 281.80M |
| Q4 FY1998 | 31 May 1998 | 28.00M | +34.62% | 10.44% | 268.20M |
| Q3 FY1998 | 28 Feb 1998 | 26.40M | +36.79% | 9.73% | 271.40M |
| Q2 FY1998 | 30 Nov 1997 | 24.70M | +36.46% | 10.50% | 235.20M |
| Q1 FY1998 | 31 Aug 1997 | 23.10M | +35.09% | 10.57% | 218.60M |
| Q4 FY1997 | 31 May 1997 | 20.80M | +44.44% | 10.22% | 203.60M |
| Q3 FY1997 | 28 Feb 1997 | 19.30M | +49.61% | 9.87% | 195.60M |
| Q2 FY1997 | 30 Nov 1996 | 18.10M | +41.41% | 10.68% | 169.50M |
| Q1 FY1997 | 31 Aug 1996 | 17.10M | +40.16% | 10.30% | 166.00M |
| Q4 FY1996 | 31 May 1996 | 14.40M | +37.14% | 16.74% | 86.00M |
| Q3 FY1996 | 29 Feb 1996 | 12.90M | +38.71% | 15.19% | 84.90M |
| Q2 FY1996 | 30 Nov 1995 | 12.80M | +33.33% | 16.37% | 78.20M |
| Q1 FY1996 | 31 Aug 1995 | 12.20M | +27.08% | 16.01% | 76.20M |
| Q4 FY1995 | 31 May 1995 | 10.50M | +41.89% | 14.60% | 71.90M |
| Q3 FY1995 | 28 Feb 1995 | 9.30M | +40.91% | 13.56% | 68.60M |
| Q2 FY1995 | 30 Nov 1994 | 9.60M | +35.21% | 15.05% | 63.80M |
| Q1 FY1995 | 31 Aug 1994 | 9.60M | +39.13% | 15.26% | 62.90M |
| Q4 FY1994 | 31 May 1994 | 7.40M | +39.62% | 12.56% | 58.90M |
| Q3 FY1994 | 28 Feb 1994 | 6.60M | +50.00% | 11.46% | 57.60M |
| Q2 FY1994 | 30 Nov 1993 | 7.10M | +36.54% | 13.08% | 54.30M |
| Q1 FY1994 | 31 Aug 1993 | 6.90M | +35.29% | 12.95% | 53.30M |
| Q4 FY1993 | 31 May 1993 | 5.30M | +51.43% | 10.54% | 50.30M |
| Q3 FY1993 | 28 Feb 1993 | 4.40M | +46.67% | 9.05% | 48.60M |
| Q2 FY1993 | 30 Nov 1992 | 5.20M | +36.84% | 11.38% | 45.70M |
| Q1 FY1993 | 31 Aug 1992 | 5.10M | +50.00% | 11.26% | 45.30M |
| Q4 FY1992 | 31 May 1992 | 3.50M | +75.00% | 8.25% | 42.40M |
| Q3 FY1992 | 29 Feb 1992 | 3.00M | +57.89% | 7.19% | 41.70M |
| Q2 FY1992 | 30 Nov 1991 | 3.80M | +35.71% | 9.69% | 39.20M |
| Q1 FY1992 | 31 Aug 1991 | 3.40M | +17.24% | 8.95% | 38.00M |
| Q4 FY1991 | 31 May 1991 | 2.00M | +11.11% | 5.67% | 35.30M |
| Q3 FY1991 | 28 Feb 1991 | 1.90M | +46.15% | 5.38% | 35.30M |
| Q2 FY1991 | 30 Nov 1990 | 2.80M | +3.70% | 8.36% | 33.50M |
| Q1 FY1991 | 31 Aug 1990 | 2.90M | +7.41% | 8.76% | 33.10M |
| Q4 FY1990 | 31 May 1990 | 1.80M | -14.29% | 5.77% | 31.20M |
| Q3 FY1990 | 28 Feb 1990 | 1.30M | -35.00% | 4.19% | 31.00M |
| Q2 FY1990 | 30 Nov 1989 | 2.70M | +8.00% | 9.15% | 29.50M |
| Q1 FY1990 | 31 Aug 1989 | 2.70M | -3.57% | 9.47% | 28.50M |
| Q4 FY1989 | 31 May 1989 | 2.10M | +40.00% | 7.89% | 26.60M |
| Q3 FY1989 | 28 Feb 1989 | 2.00M | +33.33% | 7.75% | 25.80M |
| Q2 FY1989 | 30 Nov 1988 | 2.50M | +19.05% | 10.42% | 24.00M |
| Q1 FY1989 | 31 Aug 1988 | 2.80M | +55.56% | 11.24% | 24.90M |
| Q4 FY1988 | 31 May 1988 | 1.50M | +15.38% | 6.98% | 21.50M |
| Q3 FY1988 | 29 Feb 1988 | 1.50M | +36.36% | 7.25% | 20.70M |
| Q2 FY1988 | 30 Nov 1987 | 2.10M | +75.00% | 10.94% | 19.20M |
| Q1 FY1988 | 31 Aug 1987 | 1.80M | +20.00% | 10.00% | 18.00M |
| Q4 FY1987 | 31 May 1987 | 1.30M | 0.00% | 7.65% | 17.00M |
| Q3 FY1987 | 28 Feb 1987 | 1.10M | +22.22% | 6.63% | 16.60M |
| Q2 FY1987 | 30 Nov 1986 | 1.20M | +20.00% | 7.84% | 15.30M |
| Q1 FY1987 | 31 Aug 1986 | 1.50M | +50.00% | 10.00% | 15.00M |
| Q4 FY1986 | 31 May 1986 | 1.30M | — | 9.42% | 13.80M |
| Q3 FY1986 | 28 Feb 1986 | 900.00K | — | 6.82% | 13.20M |
| Q2 FY1986 | 30 Nov 1985 | 1.00M | — | 8.26% | 12.10M |
| Q1 FY1986 | 31 Aug 1985 | 1.00M | — | 8.55% | 11.70M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Paychex's profit
Source: Financial Modeling Prep
