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R&D at other companies

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$705M+6.3%
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$26.08M-21.6%

Other financials

Income statement

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Revenue$5.9B+7.0%
Gross profit$2.9B+8.2%
Net income$1.4B+8.8%
EPS (diluted)$3.38+10.5%

Balance sheet

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Cash & equivalents$3.2B+20.4%
Total debt$4.4B+30.6%
Total equity$6.4B+8.5%
Total assets$64.5B+14.2%

Cash flow

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Operating cash flow$2.2B+46.7%
CapEx$50.6M+39.0%
Free cash flow$2.2B+46.9%

Valuation

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Market cap$86.47B-30.4%
Enterprise value$87.64B-29.9%
P/E19.9×-11.2×
P/S-2.1×

Profitability

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Gross margin46.2%+0.2pp
Net margin20.1%+0.3pp
FCF margin24.5%+1.7pp

Returns & leverage

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Return on equity71.2%-5.1pp
Debt / equity0.7×+0.1×
Current ratio0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Automatic Data Processing, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Automatic Data Processing, Inc.'s R&D?
Automatic Data Processing, Inc. (ADP) reported R&D of $253.9M in Q1 2026.
How has Automatic Data Processing, Inc.'s R&D changed year-over-year?
Automatic Data Processing, Inc.'s R&D increased by 2.8% year-over-year, from $247.1M to $253.9M.
What is the long-term trend for Automatic Data Processing, Inc.'s R&D?
Over 3 years (2022 to 2025), Automatic Data Processing, Inc.'s R&D has grown at a 7.4% compound annual growth rate (CAGR), from $798.6M to $988.6M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.