Paychex PAYX Funds Held for Clients
Funds Held for Clients at other companies
Other financials
Where this comes from
Reported directly by Paychex in its filing.
Tagged under the XBRL concept us-gaap:FundsHeldForClients.
The official record: Paychex’s 8-K, filed June 24, 2026, on SEC EDGAR. View the filing →
Ask your AI about Paychex's funds held for clients.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Paychex's funds held for clients?
- Paychex (PAYX) reported funds held for clients of $4.83B in Q1 2026.
- How has Paychex's funds held for clients changed year-over-year?
- Paychex's funds held for clients increased by 0.4% year-over-year, from $4.81B to $4.83B.
- What is the long-term trend for Paychex's funds held for clients?
- Over 5 years (2021 to 2026), Paychex's funds held for clients has grown at a 5.2% compound annual growth rate (CAGR), from $3.75B to $4.83B.
- What does funds held for clients mean?
- This represents the cash and investment balances held by the company on behalf of clients to facilitate payroll and tax payments. These funds are legally segregated and are not available for general corporate use. The interest earned on these funds is a significant component of the company's revenue model.