Cash & Equivalents
Paychex Cash & Equivalents increased by 17.3% to $1.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $1.56B to $1.74B. Over 4 years (FY 2021 to FY 2025), Cash & Equivalents shows a downward trend with a -2.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.82B | $1.97B | $1.62B | $267.50M | $370.00M | $1.18B | $1.10B | $1.32B | $1.22B | $1.65B | $1.36B | $1.69B | $1.47B | $1.46B | $1.20B | $1.56B | $1.63B | $809.00M | $1.49B | $1.74B |
| QoQ Change | — | +8.3% | -17.7% | -83.5% | +38.3% | +220.1% | -7.4% | +20.1% | -7.2% | +34.7% | -17.2% | +24.2% | -13.3% | -0.6% | -17.6% | +30.1% | +4.1% | -50.3% | +83.6% | +17.3% |
| YoY Change | — | — | — | — | -79.7% | -40.0% | -32.5% | +392.3% | +230.3% | +39.0% | +24.3% | +28.6% | +20.2% | -11.3% | -11.8% | -7.7% | +10.9% | -44.6% | +23.6% | +11.4% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Paychex's cash & equivalents?
- Paychex (PAYX) reported cash & equivalents of $1.74B in Q4 2025.
- How has Paychex's cash & equivalents changed year-over-year?
- Paychex's cash & equivalents increased by 11.4% year-over-year, from $1.56B to $1.74B.
- What is the long-term trend for Paychex's cash & equivalents?
- Over 4 years (2021 to 2025), Paychex's cash & equivalents has grown at a -2.8% compound annual growth rate (CAGR), from $1.82B to $1.63B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.