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Paychex PAYX Net Income

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Other financials

Income statement

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Revenue$1.6B+12.5%
Gross profit$1.2B+15.0%
Operating income$604.7M+40.3%
EPS (diluted)$1.18+43.9%

Balance sheet

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Cash & equivalents$1.1B-33.2%
Total debt$4.6B-0.3%
Total equity$3.7B-9.5%
Total assets$16.2B-2.4%

Cash flow

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Operating cash flow$580.9M+69.0%
CapEx$65.9M+8.9%
Free cash flow$515.0M+81.8%

Valuation

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Market cap$44.42B-11.1%
Enterprise value$47.96B-9.4%
P/E25.2×-4.9×
P/S6.8×-2.1×

Profitability

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Gross margin74.3%+1.9pp
Operating margin38.6%-1.1pp
Net margin27%-2.7pp
FCF margin35.7%+5.0pp

Returns & leverage

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Return on equity44.8%+3.0pp
Debt / equity1.2×+0.1×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Paychex in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic.

The source filing: Paychex’s 10-K, filed July 17, 2026.

Filed
Jul 17, 2026, 4:05 PM EDT
Fiscal year
FY2026
Accession
0001193125-26-307785
Year ended May 31,202620252024
Other income, net69.973.681.2
Income before income taxes2,310.92,175.92,218.0
Income taxes550.8518.6527.6
Net income$$1,760.1$1,657.31,690.4
Other comprehensive income/(loss), net of tax3.891.414.8
Comprehensive income$$1,763.9$1,748.71,705.2
Basic earnings per share$$4.90$4.604.69
Diluted earnings per share$$4.89$4.584.67

Item 8. Financial Statements and Supplementary Data

FAQ

What is Paychex's net income?
Paychex (PAYX) reported net income of $420.6M in Q1 2026.
How has Paychex's net income changed year-over-year?
Paychex's net income increased by 41.5% year-over-year, from $297.2M to $420.6M.
What is the long-term trend for Paychex's net income?
Over 4 years (2022 to 2026), Paychex's net income has grown at a 6.0% compound annual growth rate (CAGR), from $1.39B to $1.76B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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