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Paychex PAYX Amortization of costs capitalized to obtain revenue contracts, net

Amortization of costs capitalized to obtain revenue contracts, net at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
$300.9M+5.2%
Workday, Inc. logo
Workday, Inc.WDAY
Global Payments logo
Global PaymentsGPN

Other financials

Income statement

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Revenue$1.6B+12.5%
Gross profit$1.4B+22.8%
Operating income$604.7M+40.3%
Net income$420.6M+41.5%
EPS (diluted)$1.17+42.7%

Balance sheet

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Cash & equivalents$1.1B-33.2%
Total debt$4.6B-0.8%
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$37.79B-28.0%
Enterprise value$41.31B-25.6%
P/E21.5×-10.2×
P/S5.8×-3.6×

Profitability

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Gross margin73.9%+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:CapitalizedContractCostAmortization.

The official record: Paychex’s 10-Q, filed March 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paychex's amortization of costs capitalized to obtain revenue contracts, net?
Paychex (PAYX) reported amortization of costs capitalized to obtain revenue contracts, net of $62.8M in Q4 2025.
How has Paychex's amortization of costs capitalized to obtain revenue contracts, net changed year-over-year?
Paychex's amortization of costs capitalized to obtain revenue contracts, net increased by 5.9% year-over-year, from $59.3M to $62.8M.
What is the long-term trend for Paychex's amortization of costs capitalized to obtain revenue contracts, net?
Over 3 years (2022 to 2025), Paychex's amortization of costs capitalized to obtain revenue contracts, net has grown at a 5.4% compound annual growth rate (CAGR), from $202.1M to $236.5M.