Paychex PAYX Gross margin
Gross margin at other companies
Other financials
Where this comes from
Calculated from Paychex’s reported figures.
Based on trailing twelve months.
The official record: Paychex’s 10-Q, filed March 26, 2026, on SEC EDGAR. View the filing →
Ask your AI about Paychex's gross margin.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI

Claude
Questions, answered.
- What is Paychex's gross margin?
- Paychex (PAYX) reported gross margin of 73.9% in Q4 2025.
- How has Paychex's gross margin changed year-over-year?
- Paychex's gross margin increased by 2.6% year-over-year, from 72% to 73.9%.
- What is the long-term trend for Paychex's gross margin?
- Over 4 years (2021 to 2025), Paychex's gross margin has grown at a 1.3% compound annual growth rate (CAGR), from 273.6% to 288%.
- What does gross margin mean?
- How much of every sales dollar is left after the direct cost of what was sold.
- How do you interpret gross margin?
- Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
- How does gross margin compare across companies?
- Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.