Paychex, Inc. PAYX

101.37 (0.22) (0.22%) as of 25 Sep
Market cap
$36.0B
P/E
20.1×
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Paychex, Inc. (PAYX) Revenue growth

Paychex, Inc.'s revenue growth over the twelve months to 31 August 2026 was 14.0%, down 2.9 percentage points from fiscal 2026 (16.9%). Over the past ten years it has ranged from 0.40% (fiscal 2021) to 16.9% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 12.4% and above the Technology sector median of 11.9%.

Revenue growth, annual

Annual

Period Revenue growth Change (points)
FY2026 16.9% 11.32
FY2025 5.56% 0.14
FY2024 5.42% (3.15)
FY2023 8.57% (5.11)
FY2022 13.7% 13.28
FY2021 0.40% (6.70)
FY2020 7.10% (4.59)
FY2019 11.7% 4.56
FY2018 7.13% 0.32
FY2017 6.81% (0.94)

Quarterly

Period Revenue growth Change (points)
Aug 2026 5.88% (6.61)
May 2026 12.5% (7.38)
Feb 2026 19.9% 1.59
Nov 2025 18.3% 1.48
43 more quarters

Against its own ten years

Low 0.40% High 16.9%
Ten-year median 7.44%
Current reading's percentile 100

Revenue growth against peers

Company Revenue growth
TEAM Atlassian Corporation PLC compare 26.0%
FICO Fair Isaac Corporation compare 24.1%
ADSK Autodesk, Inc. compare 17.9%
PAYX Paychex, Inc. 14.0%
WDAY Workday, Inc. compare 13.4%
ROP Roper Technologies, Inc. compare 10.9%
SSNC SS&C Technologies Holdings, Inc. compare 8.57%
MSTR Strategy Inc compare 7.79%
ZM Zoom Communications, Inc. compare 5.04%
Software Application industry median 12.4%
Technology sector median 11.9%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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