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Automatic Data Processing, Inc. ADP Revenues from external customers — Revenue

Other product segments

HCM
$2.24B+4.7%
PEO zero-margin benefits pass-throughs
$1.18B+7.8%
HRO, excluding PEO zero-margin benefits pass-throughs
$964.3M+5.6%
Global
$749.8M+8.8%
Interest on funds held for clients
$355.4M+15.5%

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WEXAccount servicing revenue — Total revenues (revenues from external customers)
$177.8M-0.1%
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WEXPayment processing revenue — Total revenues (revenues from external customers)
$344.5M+20.8%
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TITNRevenue from Contracts with Customers — Revenue
$513.88M-12.6%

Other financials

Income statement

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Revenue$5.5B+6.8%
Gross profit$2.5B+8.7%
Net income$978.6M+7.5%
EPS (diluted)$2.45+9.9%

Balance sheet

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Cash & equivalents$4.2B+26.4%
Total debt$5.4B-41.4%
Total equity$6.0B-2.5%
Total assets$63.2B+18.4%

Cash flow

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Operating cash flow$1.4B-0.8%
CapEx$72.8M+113%
Free cash flow$1.4B-3.6%

Valuation

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Market cap$108.66B-11.1%
Enterprise value$109.8B-14.3%
P/E24.6×-5.3×
P/S-1.0×

Profitability

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Gross margin46.4%+0.4pp
Net margin20.1%+0.3pp
FCF margin23.9%+0.7pp

Returns & leverage

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Return on equity72.2%-3.8pp
Debt / equity0.9×-0.6×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Automatic Data Processing, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Automatic Data Processing, Inc.’s 10-K, filed August 5, 2026.

Filed
Aug 5, 2026, 4:01 PM EDT
Fiscal year
FY2026
Accession
0000008670-26-000030
Year ended June 30, 2026Employer ServicesPEO ServicesTotal
Revenues from external customers$13,476.9$7,115.7$20,592.6
Interest on funds held for clients1,342.412.41,354.8
Intercompany revenues12.112.1
Total segment revenues14,831.47,128.121,959.5
Reconciliation of revenues:
Intercompany eliminations(12.1)
Total consolidated revenues$21,947.4
Less segment expenses: (a)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Automatic Data Processing, Inc.'s revenues from external customers — revenue?
Automatic Data Processing, Inc. (ADP) reported revenues from external customers — revenue of $5.12B in Q2 2026.
How has Automatic Data Processing, Inc.'s revenues from external customers — revenue changed year-over-year?
Automatic Data Processing, Inc.'s revenues from external customers — revenue increased by 6.2% year-over-year, from $4.82B to $5.12B.
What is the long-term trend for Automatic Data Processing, Inc.'s revenues from external customers — revenue?
Over 3 years (2023 to 2026), Automatic Data Processing, Inc.'s revenues from external customers — revenue has grown at a 6.2% compound annual growth rate (CAGR), from $17.2B to $20.59B.
What does revenues from external customers — revenue mean?
This metric represents the total revenue generated from core business operations, excluding interest income earned on funds held on behalf of clients. It reflects the primary top-line performance of the company's service offerings, such as payroll processing, human capital management, and HR outsourcing. By isolating these revenues, investors can assess the organic growth and market demand for the company's professional services independent of fluctuations in interest rate environments.

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