Current Assets
Income taxes receivable
Paychex Income taxes receivable decreased by 33.6% to $37.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 106.0%, from $18.30M to $37.70M. Over 4 years (FY 2021 to FY 2025), Income taxes receivable shows an upward trend with a 3.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ2 2015
Last reportedQ4 2025
How to read this metric
An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.
Detailed definition
This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...
Peer comparison
Common for large corporations that manage complex tax filings across multiple jurisdictions.
Metric ID:
income_taxes_receivableHistorical Data
16 periods
| Q1 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.50M | $57.30M | $41.70M | $34.00M | $67.30M | $37.10M | $48.10M | $83.50M | $21.00M | $47.50M | $92.20M | $18.30M | $38.90M | $9.20M | $56.80M | $37.70M |
| QoQ Change | — | +71.0% | -27.2% | -18.5% | +97.9% | -44.9% | +29.6% | +73.6% | -74.9% | +126.2% | +94.1% | -80.2% | +112.6% | -76.3% | +517.4% | -33.6% |
| YoY Change | — | — | — | +1.5% | +17.5% | -11.0% | +41.5% | +24.1% | -43.4% | -1.2% | +10.4% | -12.9% | -18.1% | — | -38.4% | +106.0% |
Range$9.20M – $92.20M
CAGR+3.2%
Avg YoY Growth+6.3%
Median YoY Growth+0.1%
Income taxes receivable at Other Companies
Frequently Asked Questions
- What is Paychex's income taxes receivable?
- Paychex (PAYX) reported income taxes receivable of $37.70M in Q4 2025.
- How has Paychex's income taxes receivable changed year-over-year?
- Paychex's income taxes receivable increased by 106.0% year-over-year, from $18.30M to $37.70M.
- What is the long-term trend for Paychex's income taxes receivable?
- Over 4 years (2021 to 2025), Paychex's income taxes receivable has grown at a 3.8% compound annual growth rate (CAGR), from $33.50M to $38.90M.
- What does income taxes receivable mean?
- Tax refunds or credits owed to the company by government tax agencies.