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Red Flags Detected

  • Unrealized Losses On Available-for-sale Securities (worsened) — Unrealized losses increased from $211.5M to $1,312.8M, indicating a significant decline in the fair value of the investment portfolio.
NASDAQ: ADP AUTOMATIC DATA PROCESSING INC 10-Q

ADP Q1 FY27: Revenue up 6.1% to $5.49B, EPS up 13.7% to $2.83; $48M ERISA settlement

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

  • high

    Net earnings rose 11.1% to $1.13B, with diluted EPS up 13.7% to $2.83, driven by higher revenue and share repurchases.

    MD&A: Results verify on EDGAR →
  • high

    ADP settled the 2020 ERISA class action for $48M, recording a $48M accrual and a $30M insurance receivable.

    Legal Proceedings verify on EDGAR →
  • high

    Unrealized losses on available-for-sale securities surged to $1,312.8M from $211.5M, reflecting a sharp decline in portfolio fair value.

    MD&A: Investments verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Nov 2, 2026 · How we verify