Paychex revenue 1986–2027What is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement.
Paychex's revenue in Q1 FY2027, the three months to 31 August 2026, was 1.63B USD, up 5.9% on the same quarter a year before. Paychex's revenue over the last twelve months was 6.60B USD, up 14.0% on the twelve months before. In fiscal year 2026 it was 6.51B USD, up 16.9% on the year before.
Last updated 8 Nov 2026 · Next report 18 Dec 2026
Revenue
Growth
| Fiscal year | Period ending | Revenue | Growth | Gross profit | Net income |
|---|---|---|---|---|---|
| TTM | 31 Aug 2026 | 6.60B | +13.97% | 4.91B | 1.81B |
| FY2026 | 31 May 2026 | 6.51B | +16.88% | 4.84B | 1.76B |
| FY2025 | 31 May 2025 | 5.57B | +5.56% | 4.03B | 1.66B |
| FY2024 | 31 May 2024 | 5.28B | +5.42% | 3.80B | 1.69B |
| FY2023 | 31 May 2023 | 5.01B | +8.57% | 3.55B | 1.56B |
| FY2022 | 31 May 2022 | 4.61B | +13.68% | 3.26B | 1.39B |
| FY2021 | 31 May 2021 | 4.06B | +0.40% | 2.79B | 1.10B |
| FY2020 | 31 May 2020 | 4.04B | +7.10% | 2.76B | 1.10B |
| FY2019 | 31 May 2019 | 3.77B | +11.58% | 2.59B | 1.03B |
| FY2018 | 31 May 2018 | 3.38B | +7.29% | 2.36B | 933.70M |
| FY2017 | 31 May 2017 | 3.15B | +6.75% | 2.23B | 817.30M |
| FY2016 | 31 May 2016 | 2.95B | +7.75% | 2.09B | 756.80M |
| FY2015 | 31 May 2015 | 2.74B | +8.76% | 1.93B | 674.90M |
| FY2014 | 31 May 2014 | 2.52B | +8.28% | 1.79B | 627.50M |
| FY2013 | 31 May 2013 | 2.33B | +4.32% | 1.65B | 569.00M |
| FY2012 | 31 May 2012 | 2.23B | +6.98% | 1.55B | 548.00M |
| FY2011 | 31 May 2011 | 2.08B | +4.17% | 1.43B | 515.30M |
| FY2010 | 31 May 2010 | 2.00B | -3.93% | 1.35B | 477.00M |
| FY2009 | 31 May 2009 | 2.08B | +0.80% | 1.40B | 533.55M |
| FY2008 | 31 May 2008 | 2.07B | +9.51% | 1.41B | 576.15M |
| FY2007 | 31 May 2007 | 1.89B | +12.68% | 1.27B | 515.45M |
| FY2006 | 31 May 2006 | 1.67B | +15.88% | 1.11B | 464.91M |
| FY2005 | 31 May 2005 | 1.45B | +11.65% | 1.12B | 368.85M |
| FY2004 | 31 May 2004 | 1.29B | +23.74% | 990.91M | 302.95M |
| FY2003 | 31 May 2003 | 1.05B | +9.54% | 788.38M | 293.45M |
| FY2002 | 31 May 2002 | 954.91M | +9.78% | 734.21M | 274.53M |
| FY2001 | 31 May 2001 | 869.86M | +19.47% | 669.51M | 254.87M |
| FY2000 | 31 May 2000 | 728.12M | -38.05% | 591.12M | 190.01M |
| FY1999 | 31 May 1999 | 1.18B | +18.32% | 478.20M | 139.10M |
| FY1998 | 31 May 1998 | 993.40M | +35.21% | 389.20M | 102.20M |
| FY1997 | 31 May 1997 | 734.70M | +125.85% | 306.10M | 75.20M |
| FY1996 | 31 May 1996 | 325.30M | +21.74% | 242.40M | 52.30M |
| FY1995 | 31 May 1995 | 267.20M | +19.23% | 199.60M | 39.00M |
| FY1994 | 31 May 1994 | 224.10M | +17.95% | 167.20M | 28.10M |
| FY1993 | 31 May 1993 | 190.00M | +17.79% | 140.00M | 20.00M |
| FY1992 | 31 May 1992 | 161.30M | +17.65% | 117.90M | 13.70M |
| FY1991 | 31 May 1991 | 137.10M | +14.06% | 95.50M | 9.60M |
| FY1990 | 31 May 1990 | 120.20M | +18.77% | 82.50M | 8.60M |
| FY1989 | 31 May 1989 | 101.20M | +27.46% | 71.60M | 9.40M |
| FY1988 | 31 May 1988 | 79.40M | +24.26% | 51.90M | 6.90M |
| FY1987 | 31 May 1987 | 63.90M | +26.04% | 45.60M | 5.10M |
| FY1986 | 31 May 1986 | 50.70M | — | 35.50M | 4.20M |
| Quarter | Period ending | Revenue | Growth on a year before | Gross profit | Net income |
|---|---|---|---|---|---|
| Q1 FY2027 | 31 Aug 2026 | 1.63B | +5.88% | 1.20B | 429.70M |
| Q4 FY2026 | 31 May 2026 | 1.61B | +12.49% | 1.19B | 420.60M |
| Q3 FY2026 | 28 Feb 2026 | 1.81B | +19.87% | 1.38B | 560.30M |
| Q2 FY2026 | 30 Nov 2025 | 1.56B | +18.28% | 1.15B | 395.40M |
| Q1 FY2026 | 31 Aug 2025 | 1.54B | +16.80% | 1.13B | 383.80M |
| Q4 FY2025 | 31 May 2025 | 1.43B | +10.21% | 1.03B | 297.20M |
| Q3 FY2025 | 28 Feb 2025 | 1.51B | +4.84% | 1.12B | 519.30M |
| Q2 FY2025 | 30 Nov 2024 | 1.32B | +4.69% | 937.80M | 413.40M |
| Q1 FY2025 | 31 Aug 2024 | 1.32B | +2.53% | 938.50M | 427.40M |
| Q4 FY2024 | 31 May 2024 | 1.30B | +5.33% | 919.90M | 379.90M |
| Q3 FY2024 | 29 Feb 2024 | 1.44B | +4.22% | 1.06B | 498.60M |
| Q2 FY2024 | 30 Nov 2023 | 1.26B | +5.68% | 893.80M | 392.70M |
| Q1 FY2024 | 31 Aug 2023 | 1.29B | +6.62% | 925.80M | 419.20M |
| Q4 FY2023 | 31 May 2023 | 1.23B | +7.45% | 859.80M | 350.40M |
| Q3 FY2023 | 28 Feb 2023 | 1.38B | +8.23% | 1.01B | 467.40M |
| Q2 FY2023 | 30 Nov 2022 | 1.19B | +7.38% | 831.00M | 360.30M |
| Q1 FY2023 | 31 Aug 2022 | 1.21B | +11.39% | 855.20M | 379.20M |
| Q4 FY2022 | 31 May 2022 | 1.14B | +11.18% | 784.30M | 296.40M |
| Q3 FY2022 | 28 Feb 2022 | 1.28B | +14.78% | 923.80M | 430.70M |
| Q2 FY2022 | 30 Nov 2021 | 1.11B | +12.69% | 776.90M | 332.10M |
| Q1 FY2022 | 31 Aug 2021 | 1.08B | +16.17% | 770.40M | 333.60M |
| Q4 FY2021 | 31 May 2021 | 1.03B | +12.47% | 713.40M | 263.00M |
| Q3 FY2021 | 28 Feb 2021 | 1.11B | -2.71% | 783.30M | 350.50M |
| Q2 FY2021 | 30 Nov 2020 | 983.70M | -0.71% | 663.80M | 272.40M |
| Q1 FY2021 | 31 Aug 2020 | 932.20M | -6.03% | 625.10M | 211.60M |
| Q4 FY2020 | 31 May 2020 | 915.10M | -6.66% | 623.40M | 220.70M |
| Q3 FY2020 | 29 Feb 2020 | 1.14B | +6.75% | 802.40M | 354.50M |
| Q2 FY2020 | 30 Nov 2019 | 990.70M | +15.35% | 667.30M | 258.70M |
| Q1 FY2020 | 31 Aug 2019 | 992.00M | +14.97% | 666.60M | 264.20M |
| Q4 FY2019 | 31 May 2019 | 980.40M | +12.55% | 658.30M | 230.40M |
| Q3 FY2019 | 28 Feb 2019 | 1.07B | +23.53% | 745.10M | 324.60M |
| Q2 FY2019 | 30 Nov 2018 | 858.90M | +3.92% | 594.00M | 235.80M |
| Q1 FY2019 | 31 Aug 2018 | 862.80M | +5.63% | 597.30M | 243.60M |
| Q4 FY2018 | 31 May 2018 | 871.10M | +9.08% | 604.80M | 228.50M |
| Q3 FY2018 | 28 Feb 2018 | 866.50M | +8.88% | 595.80M | 260.40M |
| Q2 FY2018 | 30 Nov 2017 | 826.50M | +7.14% | 577.80M | 217.00M |
| Q1 FY2018 | 31 Aug 2017 | 816.80M | +3.98% | 584.70M | 227.80M |
| Q4 FY2017 | 31 May 2017 | 798.60M | +5.93% | 567.20M | 195.30M |
| Q3 FY2017 | 28 Feb 2017 | 795.80M | +5.74% | 559.00M | 202.50M |
| Q2 FY2017 | 30 Nov 2016 | 771.40M | +6.78% | 545.10M | 202.10M |
| Q1 FY2017 | 31 Aug 2016 | 785.50M | +8.64% | 560.40M | 217.40M |
| Q4 FY2016 | 31 May 2016 | 753.90M | +8.91% | 533.60M | 178.10M |
| Q3 FY2016 | 29 Feb 2016 | 752.60M | +6.86% | 526.70M | 180.40M |
| Q2 FY2016 | 30 Nov 2015 | 722.40M | +6.82% | 517.20M | 189.20M |
| Q1 FY2016 | 31 Aug 2015 | 723.00M | +8.43% | 517.30M | 209.10M |
| Q4 FY2015 | 31 May 2015 | 692.20M | +8.33% | 488.60M | 161.20M |
| Q3 FY2015 | 28 Feb 2015 | 704.30M | +10.65% | 493.30M | 169.40M |
| Q2 FY2015 | 30 Nov 2014 | 676.30M | +10.78% | 477.20M | 173.00M |
| Q1 FY2015 | 31 Aug 2014 | 666.80M | +9.69% | 472.50M | 171.30M |
| Q4 FY2014 | 31 May 2014 | 639.00M | +9.17% | 441.00M | 145.90M |
| Q3 FY2014 | 28 Feb 2014 | 636.50M | +7.28% | 459.40M | 160.10M |
| Q2 FY2014 | 30 Nov 2013 | 610.50M | +9.13% | 442.80M | 158.70M |
| Q1 FY2014 | 31 Aug 2013 | 607.90M | +5.14% | 443.20M | 162.80M |
| Q4 FY2013 | 31 May 2013 | 585.30M | +6.13% | 414.60M | 123.50M |
| Q3 FY2013 | 28 Feb 2013 | 593.30M | +6.23% | 421.20M | 144.50M |
| Q2 FY2013 | 30 Nov 2012 | 559.40M | +4.56% | 395.10M | 147.90M |
| Q1 FY2013 | 31 Aug 2012 | 578.20M | +4.75% | 414.00M | 153.10M |
| Q4 FY2012 | 31 May 2012 | 551.50M | +5.51% | 380.00M | 123.30M |
| Q3 FY2012 | 29 Feb 2012 | 558.50M | +7.49% | 381.40M | 135.40M |
| Q2 FY2012 | 30 Nov 2011 | 535.00M | +4.49% | 369.80M | 140.40M |
| Q1 FY2012 | 31 Aug 2011 | 552.00M | +6.50% | 385.00M | 148.90M |
| Q4 FY2011 | 31 May 2011 | 522.70M | +8.34% | 354.90M | 118.90M |
| Q3 FY2011 | 28 Feb 2011 | 519.60M | +5.23% | 353.00M | 130.60M |
| Q2 FY2011 | 30 Nov 2010 | 512.00M | +6.00% | 353.00M | 133.90M |
| Q1 FY2011 | 31 Aug 2010 | 518.30M | +6.54% | 358.10M | 131.90M |
| Q4 FY2010 | 31 May 2010 | 482.48M | +14.75% | 319.40M | 115.52M |
| Q3 FY2010 | 28 Feb 2010 | 493.79M | -6.58% | 329.28M | 112.01M |
| Q2 FY2010 | 30 Nov 2009 | 483.02M | -7.85% | 320.38M | 125.85M |
| Q1 FY2010 | 31 Aug 2009 | 486.49M | -8.91% | 323.15M | 123.62M |
| Q4 FY2009 | 31 May 2009 | 420.48M | -19.02% | 253.61M | 113.80M |
| Q3 FY2009 | 28 Feb 2009 | 528.58M | -0.67% | 354.08M | 130.79M |
| Q2 FY2009 | 30 Nov 2008 | 524.16M | +3.22% | 353.49M | 140.24M |
| Q1 FY2009 | 31 Aug 2008 | 534.09M | +5.32% | 365.62M | 148.71M |
| Q4 FY2008 | 31 May 2008 | 519.23M | +6.54% | 351.26M | 135.48M |
| Q3 FY2008 | 29 Feb 2008 | 532.17M | +9.66% | 361.18M | 142.47M |
| Q2 FY2008 | 30 Nov 2007 | 507.79M | +11.61% | 345.34M | 147.11M |
| Q1 FY2008 | 31 Aug 2007 | 507.13M | +10.40% | 347.82M | 151.08M |
| Q4 FY2007 | 31 May 2007 | 487.35M | +10.64% | 329.37M | 121.10M |
| Q3 FY2007 | 28 Feb 2007 | 485.29M | +12.70% | 326.74M | 126.60M |
| Q2 FY2007 | 30 Nov 2006 | 454.96M | +13.79% | 304.09M | 132.67M |
| Q1 FY2007 | 31 Aug 2006 | 459.37M | +13.79% | 311.29M | 135.08M |
| Q4 FY2006 | 31 May 2006 | 440.48M | +16.21% | 294.48M | 122.74M |
| Q3 FY2006 | 28 Feb 2006 | 430.59M | +15.17% | 285.10M | 114.53M |
| Q2 FY2006 | 30 Nov 2005 | 399.82M | +15.13% | 264.47M | 112.61M |
| Q1 FY2006 | 31 Aug 2005 | 403.72M | +17.03% | 270.29M | 115.03M |
| Q4 FY2005 | 31 May 2005 | 379.02M | +14.72% | 295.82M | 101.48M |
| Q3 FY2005 | 28 Feb 2005 | 373.86M | +9.12% | 287.83M | 92.78M |
| Q2 FY2005 | 30 Nov 2004 | 347.29M | +11.27% | 267.36M | 86.87M |
| Q1 FY2005 | 31 Aug 2004 | 344.98M | +11.55% | 264.63M | 87.72M |
| Q4 FY2004 | 31 May 2004 | 330.39M | +39.55% | 252.30M | 61.41M |
| Q3 FY2004 | 29 Feb 2004 | 342.61M | +19.05% | 263.37M | 80.52M |
| Q2 FY2004 | 30 Nov 2003 | 312.10M | +16.11% | 237.66M | 80.68M |
| Q1 FY2004 | 31 Aug 2003 | 309.25M | +22.39% | 237.58M | 80.34M |
| Q4 FY2003 | 31 May 2003 | 236.76M | -3.09% | 167.47M | 71.34M |
| Q3 FY2003 | 28 Feb 2003 | 287.79M | +18.53% | 219.00M | 71.52M |
| Q2 FY2003 | 30 Nov 2002 | 268.81M | +15.37% | 205.19M | 74.65M |
| Q1 FY2003 | 31 Aug 2002 | 252.68M | +7.61% | 196.73M | 75.94M |
| Q4 FY2002 | 31 May 2002 | 244.31M | +6.86% | 188.84M | 68.67M |
| Q3 FY2002 | 28 Feb 2002 | 242.80M | +5.91% | 186.06M | 66.97M |
| Q2 FY2002 | 30 Nov 2001 | 232.99M | +11.96% | 178.26M | 68.70M |
| Q1 FY2002 | 31 Aug 2001 | 234.81M | +15.17% | 181.06M | 70.19M |
| Q4 FY2001 | 31 May 2001 | 228.62M | +15.92% | 147.14M | 67.76M |
| Q3 FY2001 | 28 Feb 2001 | 229.26M | +19.28% | 184.68M | 66.35M |
| Q2 FY2001 | 30 Nov 2000 | 208.10M | +20.71% | 170.42M | 62.13M |
| Q1 FY2001 | 31 Aug 2000 | 203.88M | +22.53% | 167.27M | 58.63M |
| Q4 FY2000 | 31 May 2000 | 197.22M | -35.32% | 160.02M | 51.61M |
| Q3 FY2000 | 29 Feb 2000 | 192.20M | -37.33% | 155.40M | 49.60M |
| Q2 FY2000 | 30 Nov 1999 | 172.40M | -38.87% | 139.90M | 45.80M |
| Q1 FY2000 | 31 Aug 1999 | 166.40M | -40.95% | 135.80M | 43.00M |
| Q4 FY1999 | 31 May 1999 | 304.90M | +13.68% | 127.50M | 37.90M |
| Q3 FY1999 | 28 Feb 1999 | 306.70M | +13.01% | 125.90M | 36.20M |
| Q2 FY1999 | 30 Nov 1998 | 282.00M | +19.90% | 113.90M | 33.60M |
| Q1 FY1999 | 31 Aug 1998 | 281.80M | +28.91% | 110.90M | 31.40M |
| Q4 FY1998 | 31 May 1998 | 268.20M | +31.73% | 111.10M | 28.00M |
| Q3 FY1998 | 28 Feb 1998 | 271.40M | +38.75% | 97.60M | 26.40M |
| Q2 FY1998 | 30 Nov 1997 | 235.20M | +38.76% | 91.90M | 24.70M |
| Q1 FY1998 | 31 Aug 1997 | 218.60M | +31.69% | 88.70M | 23.10M |
| Q4 FY1997 | 31 May 1997 | 203.60M | +136.74% | 87.40M | 20.80M |
| Q3 FY1997 | 28 Feb 1997 | 195.60M | +130.39% | 79.50M | 19.30M |
| Q2 FY1997 | 30 Nov 1996 | 169.50M | +116.75% | 70.90M | 18.10M |
| Q1 FY1997 | 31 Aug 1996 | 166.00M | +117.85% | 68.40M | 17.10M |
| Q4 FY1996 | 31 May 1996 | 86.00M | +19.61% | 64.50M | 14.40M |
| Q3 FY1996 | 29 Feb 1996 | 84.90M | +23.76% | 62.50M | 12.90M |
| Q2 FY1996 | 30 Nov 1995 | 78.20M | +22.57% | 58.00M | 12.80M |
| Q1 FY1996 | 31 Aug 1995 | 76.20M | +21.14% | 57.30M | 12.20M |
| Q4 FY1995 | 31 May 1995 | 71.90M | +22.07% | 53.70M | 10.50M |
| Q3 FY1995 | 28 Feb 1995 | 68.60M | +19.10% | 50.00M | 9.30M |
| Q2 FY1995 | 30 Nov 1994 | 63.80M | +17.50% | 48.10M | 9.60M |
| Q1 FY1995 | 31 Aug 1994 | 62.90M | +18.01% | 47.80M | 9.60M |
| Q4 FY1994 | 31 May 1994 | 58.90M | +17.10% | 44.10M | 7.40M |
| Q3 FY1994 | 28 Feb 1994 | 57.60M | +18.52% | 42.20M | 6.60M |
| Q2 FY1994 | 30 Nov 1993 | 54.30M | +18.82% | 41.00M | 7.10M |
| Q1 FY1994 | 31 Aug 1993 | 53.30M | +17.66% | 39.90M | 6.90M |
| Q4 FY1993 | 31 May 1993 | 50.30M | +18.63% | 37.30M | 5.30M |
| Q3 FY1993 | 28 Feb 1993 | 48.60M | +16.55% | 34.70M | 4.40M |
| Q2 FY1993 | 30 Nov 1992 | 45.70M | +16.58% | 33.90M | 5.20M |
| Q1 FY1993 | 31 Aug 1992 | 45.30M | +19.21% | 34.00M | 5.10M |
| Q4 FY1992 | 31 May 1992 | 42.40M | +20.11% | 31.70M | 3.50M |
| Q3 FY1992 | 29 Feb 1992 | 41.70M | +18.13% | 29.40M | 3.00M |
| Q2 FY1992 | 30 Nov 1991 | 39.20M | +17.01% | 28.80M | 3.80M |
| Q1 FY1992 | 31 Aug 1991 | 38.00M | +14.80% | 28.00M | 3.40M |
| Q4 FY1991 | 31 May 1991 | 35.30M | +13.14% | 25.10M | 2.00M |
| Q3 FY1991 | 28 Feb 1991 | 35.30M | +13.87% | 23.60M | 1.90M |
| Q2 FY1991 | 30 Nov 1990 | 33.50M | +13.56% | 23.70M | 2.80M |
| Q1 FY1991 | 31 Aug 1990 | 33.10M | +16.14% | 23.40M | 2.90M |
| Q4 FY1990 | 31 May 1990 | 31.20M | +17.29% | 21.50M | 1.80M |
| Q3 FY1990 | 28 Feb 1990 | 31.00M | +20.16% | 20.10M | 1.30M |
| Q2 FY1990 | 30 Nov 1989 | 29.50M | +22.92% | 20.50M | 2.70M |
| Q1 FY1990 | 31 Aug 1989 | 28.50M | +14.46% | 20.30M | 2.70M |
| Q4 FY1989 | 31 May 1989 | 26.60M | +23.72% | — | 2.10M |
| Q3 FY1989 | 28 Feb 1989 | 25.80M | +24.64% | — | 2.00M |
| Q2 FY1989 | 30 Nov 1988 | 24.00M | +25.00% | — | 2.50M |
| Q1 FY1989 | 31 Aug 1988 | 24.90M | +38.33% | — | 2.80M |
| Q4 FY1988 | 31 May 1988 | 21.50M | +26.47% | — | 1.50M |
| Q3 FY1988 | 29 Feb 1988 | 20.70M | +24.70% | — | 1.50M |
| Q2 FY1988 | 30 Nov 1987 | 19.20M | +25.49% | — | 2.10M |
| Q1 FY1988 | 31 Aug 1987 | 18.00M | +20.00% | — | 1.80M |
| Q4 FY1987 | 31 May 1987 | 17.00M | +23.19% | — | 1.30M |
| Q3 FY1987 | 28 Feb 1987 | 16.60M | +25.76% | — | 1.10M |
| Q2 FY1987 | 30 Nov 1986 | 15.30M | +26.45% | — | 1.20M |
| Q1 FY1987 | 31 Aug 1986 | 15.00M | +28.21% | — | 1.50M |
| Q4 FY1986 | 31 May 1986 | 13.80M | — | — | 1.30M |
| Q3 FY1986 | 28 Feb 1986 | 13.20M | — | — | 900.00K |
| Q2 FY1986 | 30 Nov 1985 | 12.10M | — | — | 1.00M |
| Q1 FY1986 | 31 Aug 1985 | 11.70M | — | — | 1.00M |
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.
Paychex revenue growth by segment
Q1 FY2027 against Q1 FY2026
Paychex revenue by segment over time
See also:Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Paychex's revenue
Source: Financial Modeling Prep
