Operating
Paychex·Cash Flow Statement·22 metrics
Breakdown
| Metric | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $221.7M | $546.1M | $295M | $716M | $343.8M | $718.4M | $444.9M | $812.5M |
| Net income | $379.9M | $427.4M | $413.4M | $519.3M | $297.2M | $383.8M | $395.4M | $560.3M |
| Depreciation and amortization | $45.6M | $39M | $41.7M | $43.1M | $85.7M | $109.3M | $109.1M | $111M |
| Change in accounts payable | -$311.2M | $65.6M | — | $101.1M | — | $124.9M | — | $109.7M |
| Increase (Decrease) in Deferred Charges | $60.6M | $51.6M | $56.2M | $65.9M | $72.8M | $68.5M | $80.1M | $96.1M |
| Amortization of deferred commissions | $58.3M | $58.5M | $58.8M | $59.3M | $59.9M | $60.4M | $61.4M | $62.8M |
| Amortization of costs capitalized to obtain revenue contracts, net | $58.3M | $58.5M | $58.8M | $59.3M | $59.9M | $60.4M | $61.4M | $62.8M |
| Stock-based compensation | $16M | $16.5M | $16.4M | $17.6M | $61.3M | $26.8M | $25.5M | $23.1M |
| Deferred income taxes | -$8.9M | -$11M | — | -$6.6M | — | $66M | $11.2M | $21.8M |
| Change in other assets | $34.4M | -$26.3M | $95.2M | -$71.2M | $14.3M | -$29.5M | $37.3M | -$20.3M |
| Increase (Decrease) in Prepaid Expense and Other Assets | $34.4M | -$26.3M | $95.2M | -$71.2M | $14.3M | -$29.5M | $37.3M | -$20.3M |
| Accounts Receivable, Credit Loss Expense (Reversal) | $4.9M | $7.5M | $4.9M | $5.2M | $6.6M | $7.7M | $4.5M | $16.9M |
| Provision for credit losses | $4.9M | $7.5M | $4.9M | $5.2M | $6.6M | $7.7M | $4.5M | $16.9M |
| Change in accounts receivable | -$116.5M | $36.4M | $32.2M | $31.3M | $30.8M | $18.9M | $37.2M | $11M |
| Change in accrued investment income | — | -$400K | $800K | -$1.1M | $4.5M | $6.1M | $1M | $2M |
| Increase (Decrease) in Accrued Interest Receivable, Net | — | -$400K | $800K | -$1.1M | $4.5M | $6.1M | $1M | $2M |
| Accretion (Amortization) of Discounts and Premiums, Investments | $2.3M | $2.8M | $2.8M | -$10.7M | -$18.3M | $2.1M | $2M | $1.6M |
| Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net | $1.5M | $1.7M | $1.2M | $1.4M | — | $700K | — | $1M |
| Net gains (losses) on investments | -$2.6M | $0 | -$0 | -$400K | $0 | -$0 | $7.1M | $300K |
| Gain/(loss) on dispositions, net | -$8.2M | -$925K | -$925K | -$925K | -$925K | — | — | — |
| Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net | — | -$8.4M | -$5.6M | -$11.4M | — | -$6.3M | -$4.9M | — |
| Premiums Paid On Cash Flow Hedges | $0 | -$4.8M | -$4.8M | -$4.8M | -$4.8M | — | — | — |