Paychex Deferred costs increased by 5.1% to $530.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $472.30M to $530.00M. Over 4 years (FY 2021 to FY 2025), Deferred costs shows an upward trend with a 5.9% CAGR.
An increase indicates a growing pipeline of long-term contracts, while a decrease may signal shorter contract durations or reduced acquisition spending.
This represents the portion of incremental contract acquisition costs that will be amortized over a period exceeding one...
Standard in SaaS companies, often grouped with other long-term deferred assets.
non_current_assets_capitalized_contract_cost_net_noncurrent| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $384.10M | $387.40M | $394.00M | $414.10M | $433.30M | $441.10M | $443.60M | $456.90M | $470.10M | $473.20M | $474.60M | $476.10M | $477.10M | $471.00M | $468.00M | $472.30M | $482.40M | $489.00M | $504.10M | $530.00M |
| QoQ Change | — | +0.9% | +1.7% | +5.1% | +4.6% | +1.8% | +0.6% | +3.0% | +2.9% | +0.7% | +0.3% | +0.3% | +0.2% | -1.3% | -0.6% | +0.9% | +2.1% | +1.4% | +3.1% | +5.1% |
| YoY Change | — | — | — | — | +12.8% | +13.9% | +12.6% | +10.3% | +8.5% | +7.3% | +7.0% | +4.2% | +1.5% | -0.5% | -1.4% | -0.8% | +1.1% | +3.8% | +7.7% | +12.2% |