On our screens:Cheap stocks by free cash flow yieldLow-volatility growth stocksQuality at a reasonable priceStocks that buy back more than they dilute
The financials
Paychex by the numbers
Paychex (PAYX) reported revenue of $1.61B in Q4 2026 (quarter ended May 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 74% and net income of $421M (26% of revenue). For the full year FY2026, revenue was $6.51B (+17% year on year) and net income $1.76B. Its largest product in Q4 2026 was Management Solutions at $1.18B, 76% of the disclosed total, well ahead of Peo And Insurance Solutions at 24%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $1.61B | $1.43B | +12% |
| Gross profit | $1.19B | $1.03B | +15% |
| Operating income | $605M | $431M | +40% |
| Net income | $421M | $297M | +42% |
| Diluted EPS | $1.18 | $0.82 | +44% |
| Product | Revenue | Share |
|---|---|---|
| Management Solutions | $1.18B | 76% |
| Peo And Insurance Solutions | $370M | 24% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q4 2026Total $1.55B (-11%)
Management Solutions grew +14% year on yearPeo And Insurance Solutions +8.6% year on year
Segment Latestquarter on quarteryear on year
- Management Solutions$1.18B$1.18BQoQ -13%year on year +14%-13%+14%
- Peo And Insurance Solutions$369.7M$369.7MQoQ -7.0%year on year +8.6%-7.0%+8.6%
Software - Application
The closest names by size in the same industry