Financing
Net increase in client funds obligations
Automatic Data Processing, Inc. Net increase in client funds obligations increased by 6129.3% to $35.7B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 78.8%, from $19.96B to $35.7B.
Analysis
StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ2 2026Jan 29, 2026
How to read this metric
An increase indicates higher client fund balances held, while a decrease reflects the payout or settlement of these obligations.
Detailed definition
This metric tracks the net change in liabilities related to funds held on behalf of clients, common in payroll and finan...
Peer comparison
Specific to financial services and payroll processing firms.
Metric ID:
financing_net_increase_decrease_in_client_funds_obligationsHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$3.18B | -$3.18B | -$3.18B | -$3.18B | $5.58B | -$10.87B | $19.96B | -$8.46B | -$8.91B | $573.1M | $35.7B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +275.7% | -294.9% | +283.6% | -142.4% | -5.4% | +106.4% | >999% |
| YoY Change | — | — | — | — | +275.7% | — | — | -251.6% | — | +105.3% | +78.8% |
Range-$10.87B – $35.7B
CAGR+163.2%
Avg YoY Growth+52.0%
Median YoY Growth+92.1%
Current Streak2 quarters growth
Net increase in client funds obligations at Other Companies
Frequently Asked Questions
- What is Automatic Data Processing, Inc.'s net increase in client funds obligations?
- Automatic Data Processing, Inc. (ADP) reported net increase in client funds obligations of $35.7B in Q4 2025.
- How has Automatic Data Processing, Inc.'s net increase in client funds obligations changed year-over-year?
- Automatic Data Processing, Inc.'s net increase in client funds obligations increased by 78.8% year-over-year, from $19.96B to $35.7B.
- What does net increase in client funds obligations mean?
- The net change in cash held on behalf of clients for processing services.