Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Paychex Inc. Revenue & Financial Statements
Paychex Inc. reported revenue of $5.4B for the fiscal year ended May 31, 2025, up 5.4% year over year, with net income of $1.7B and diluted EPS of $4.58.
- Company
- Paychex Inc. PAYX · NASDAQ
- Latest fiscal year
- FY ended May 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 4.0B | 4.6B | 4.9B | 5.1B | 5.4B |
| Cost of revenue | 1.3B | 1.4B | 1.5B | 1.5B | 1.5B |
| Gross profit | 2.7B | 3.2B | 3.5B | 3.7B | 3.9B |
| Operating income | 1.5B | 1.8B | 2.0B | 2.2B | 2.2B |
| Pretax income | 1.4B | 1.8B | 2.0B | 2.2B | 2.2B |
| Net income | 1.1B | 1.4B | 1.6B | 1.7B | 1.7B |
| Diluted EPS | 3.03 | 3.84 | 4.30 | 4.67 | 4.58 |
| EBITDA | 1.6B | 2.0B | 2.2B | 2.3B | 2.3B |
Quarterly
| USD | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.3B | 1.3B | 1.5B | 1.4B | 1.5B | 1.5B | 1.8B |
| Cost of revenue | 375.2M | 380.0M | 379.1M | 387.4M | 393.9M | 413.8M | 412.2M | 431.2M |
| Gross profit | 881.7M | 901.0M | 901.7M | 1.1B | 988.2M | 1.1B | 1.1B | 1.4B |
| Operating income | 481.8M | 546.7M | 538.1M | 691.8M | 431.1M | 541.9M | 571.9M | 792.0M |
| Pretax income | 491.8M | 557.1M | 543.7M | 685.8M | 389.3M | 497.5M | 520.2M | 739.0M |
| Net income | 379.9M | 427.4M | 413.4M | 519.3M | 297.2M | 383.8M | 395.4M | 560.3M |
| Diluted EPS | 1.05 | 1.18 | 1.14 | 1.43 | 0.82 | 1.06 | 1.10 | 1.56 |
| EBITDA | 514.6M | 573.9M | 567.4M | 722.1M | 463.1M | 576.4M | 606.7M | 903.0M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 9.2B | 9.6B | 10.5B | 10.4B | 16.6B |
| Current assets | 6.2B | 6.6B | 7.5B | 7.3B | 8.9B |
| Cash & equivalents | 995.2M | 370.0M | 1.2B | 1.5B | 1.6B |
| Total liabilities | 6.3B | 6.5B | 7.1B | 6.6B | 12.4B |
| Current liabilities | 4.9B | 5.3B | 5.8B | 5.3B | 7.0B |
| Long-term debt | 797.3M | 797.7M | 798.2M | 798.6M | 4.5B |
| Total debt | 804.7M | 806.4M | 808.4M | 817.3M | 4.6B |
| Stockholders’ equity | 2.9B | 3.1B | 3.5B | 3.8B | 4.1B |
| Net debt | (190.5M) | 436.4M | (413.6M) | (651.6M) | 2.9B |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 1.3B | 1.5B | 1.7B | 1.9B | 1.9B |
| Investing cash flow | (460.6M) | (1.4B) | 218.5M | (260.9M) | (3.4B) |
| Financing cash flow | (636.4M) | (979.3M) | (711.4M) | (1.9B) | 2.3B |
| Capital expenditure | 114.6M | 132.6M | 143.0M | 161.4M | 191.8M |
| Free cash flow | 1.1B | 1.4B | 1.6B | 1.7B | 1.7B |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 52.5M | 52.8M | 62.6M | 61.1M | 111.8M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
Every PAYX filing, connected
Financials beside price, insider trades, and 8-K events — with alerts the moment something new is filed.