Paychex, 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. In the quarter to August 2026, revenue grew 5.88%, EPS grew 13.1%, free cash flow fell 46.1% and total debt fell 8.27%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for five; insiders bought in the last twelve months.

112.10 2.73 +2.50%
Market cap
$38.9B
P/E
22.2×
Fwd P/E
21.5×
Dividend yield
5.11%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100

Paychex, Inc. (PAYX) Revenue growth

Alert me on 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 11.3%.

Revenue growth, annual

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Annual newest first

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 newest first

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%
PTC PTC Inc. compare 19.5%
ADSK Autodesk, Inc. compare 17.9%
PAYX Paychex, Inc. 14.0%
WDAY Workday, Inc. compare 13.4%
ROP Roper Technologies, Inc. compare 10.9%
MSTR Strategy Inc compare 7.79%
ZM Zoom Communications, Inc. compare 5.04%
BSP Bending Spoons S.p.A. compare —
Software Application industry median 12.4%
Technology sector median 11.3%
Market median 7.24%

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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