stockrowPaychex, Inc.
PAYX Technology Software Application
Paychex, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $6.5 billion, up 16.9% from fiscal 2025.
- Revenue
- +5.88%
- EPS
- +13.1%
- Free cash flow
- −46.1%
- Total debt
- −8.27%
Quarter to August 2026, against a year earlier
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Paychex, Inc. (PAYX) Gross margin
Paychex, Inc.'s gross margin over the twelve months to 31 August 2026 was 74.4%, up 0.1 percentage points from fiscal 2026 (74.3%). Over the past ten years it has ranged from 68.3% (fiscal 2020) to 74.3% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 74.3% | 1.94 |
| FY2025 | 72.4% | 0.38 |
| FY2024 | 72.0% | 0.99 |
| FY2023 | 71.0% | 0.39 |
| FY2022 | 70.6% | 1.93 |
| FY2021 | 68.7% | 0.36 |
| FY2020 | 68.3% | (0.48) |
| FY2019 | 68.8% | (1.08) |
| FY2018 | 69.9% | (0.98) |
| FY2017 | 70.8% | (0.12) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Aug 2026 | 73.6% | (0.39) |
| May 2026 | 74.0% | (2.15) |
| Feb 2026 | 76.2% | 2.62 |
| Nov 2025 | 73.5% | 0.41 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ADSK Autodesk, Inc. compare | 91.3% |
| TEAM Atlassian Corporation PLC compare | 84.8% |
| DDOG Datadog, Inc. compare | 79.6% |
| ZM Zoom Communications, Inc. compare | 77.3% |
| WDAY Workday, Inc. compare | 75.8% |
| PAYX Paychex, Inc. | 74.4% |
| ROP Roper Technologies, Inc. compare | 69.7% |
| MSTR Strategy Inc compare | 67.8% |
| BSP Bending Spoons S.p.A. compare | 66.2% |
| Software Application industry median | 66.9% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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