Current Assets
Restricted Cash
Paychex Restricted Cash decreased by 1.8% to $49.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $49.10M to $49.80M. Over 4 years (FY 2021 to FY 2025), Restricted Cash shows relatively stable performance with a -1.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ3 2022
Last reportedQ4 2025
How to read this metric
An increase suggests higher regulatory or contractual obligations, potentially reducing operational liquidity, while a decrease may indicate the release of restricted funds.
Detailed definition
Cash balances that are legally or contractually restricted from being used for general corporate purposes. This often in...
Peer comparison
Standard line item for all major banks; peers disclose this to clarify the portion of cash that is not immediately available for deployment.
Metric ID:
restricted_cashHistorical Data
20 periods
| 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 | $51.30M | $48.80M | $52.50M | $55.80M | $50.30M | $60.10M | $57.80M | $56.60M | $49.80M | $49.80M | $47.90M | $41.00M | $47.80M | $54.90M | $63.10M | $49.10M | $47.90M | $50.40M | $50.70M | $49.80M |
| QoQ Change | — | -4.9% | +7.6% | +6.3% | -9.9% | +19.5% | -3.8% | -2.1% | -12.0% | +0.0% | -3.8% | -14.4% | +16.6% | +14.9% | +14.9% | -22.2% | -2.4% | +5.2% | +0.6% | -1.8% |
| YoY Change | — | — | — | — | -1.9% | +23.2% | +10.1% | +1.4% | -1.0% | -17.1% | -17.1% | -27.6% | -4.0% | +10.2% | +31.7% | +19.8% | +0.2% | -8.2% | -19.7% | +1.4% |
Range$41.00M – $63.10M
CAGR-0.6%
Avg YoY Growth+0.1%
Median YoY Growth-0.4%
Restricted Cash at Other Companies
Frequently Asked Questions
- What is Paychex's restricted cash?
- Paychex (PAYX) reported restricted cash of $49.80M in Q4 2025.
- How has Paychex's restricted cash changed year-over-year?
- Paychex's restricted cash increased by 1.4% year-over-year, from $49.10M to $49.80M.
- What is the long-term trend for Paychex's restricted cash?
- Over 4 years (2021 to 2025), Paychex's restricted cash has grown at a -1.7% compound annual growth rate (CAGR), from $51.30M to $47.90M.
- What does restricted cash mean?
- Cash that is set aside for specific purposes and cannot be used for general business needs.