Paychex, Inc.
Income Statement
| Line Item | Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.61B | $1.81B | $1.56B | $1.54B | $1.43B | $1.51B | $1.32B |
| Cost of Revenue | $430.1M | $417.3M | $431.2M | $412.2M | $413.8M | $393.9M | $387.4M | $379.1M |
| Gross Profit | $1.20B | $1.19B | $1.38B | $1.15B | $1.13B | $1.03B | $1.12B | $937.8M |
| Gross Margin | 73.6% | 74.0% | 76.2% | 73.5% | 73.1% | 72.4% | 74.3% | 71.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $581.2M | $583.5M | $585.7M | $573.5M | $584.3M | $602.3M | $429.8M | $399.7M |
| Operating Income | $619.2M | $604.7M | $792.0M | $571.9M | $541.9M | $431.1M | $691.8M | $538.1M |
| Operating Margin | 38.0% | 37.7% | 43.8% | 36.7% | 35.2% | 30.2% | 45.8% | 40.9% |
| Interest Expense | — | — | — | — | — | — | $22.6M | $9.5M |
| Pretax Income | $565.0M | $554.2M | $739.0M | $520.2M | $497.5M | $389.3M | $685.8M | $543.7M |
| Income Tax Expense | $135.3M | $133.6M | $178.7M | $124.8M | $113.7M | $92.1M | $166.5M | $130.3M |
| Net Income | $429.7M | $420.6M | $560.3M | $395.4M | $383.8M | $297.2M | $519.3M | $413.4M |
| Net Margin | 26.4% | 26.2% | 31.0% | 25.4% | 24.9% | 20.8% | 34.4% | 31.4% |
| EPS (Basic) | $1.21 | $1.17 | $1.56 | $1.10 | $1.07 | $0.82 | $1.44 | $1.15 |
| EPS (Diluted) | $1.21 | $1.17 | $1.56 | $1.10 | $1.06 | $0.83 | $1.43 | $1.14 |
| Shares Outstanding (Basic) | 355.8M | 358.9M | 358.7M | 359.4M | 360.1M | 360.2M | 360.1M | 360.0M |
| Shares Outstanding (Diluted) | 356.6M | 360.0M | 359.5M | 360.4M | 361.9M | 362.0M | 362.0M | 361.7M |
| Dividends Per Share | $1.19 | $1.19 | $1.08 | $1.08 | $1.08 | $1.08 | $0.98 | $0.98 |