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Get filing alertsPaychex reports 17% FY2026 revenue growth, launches WISE AI engine, returns $2.2B to holders
Filed June 24, 2026 · Period ending June 24, 2026 · ~1 min read
Key Changes
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Full-year revenue grew 17% to $6.5 billion; Q4 revenue up 12% to $1.6 billion. Full-year diluted EPS rose 7% to $4.89 (adjusted EPS up 11% to $5.51). Paycor acquisition contributed ~8% to Management Solutions growth.
Exhibit 99.1 view on EDGAR → -
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Launched WISE AI engine across HCM platforms using patent-pending technology to extract insights from unstructured data, aiming to boost productivity and client outcomes through autonomous execution.
Exhibit 99.1 view on EDGAR → -
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Returned $2.2 billion to shareholders in FY2026: $1.6 billion in dividends ($4.43/share) and $611 million in buybacks (5.6 million shares).
Exhibit 99.1 view on EDGAR → -
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FY2027 guidance: total revenue growth 5–6%, adjusted operating margin ~44%, adjusted diluted EPS growth 7–9%. Interest on client funds expected at $195–205 million.
Exhibit 99.1 view on EDGAR → -
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Repaid $400 million in long-term debt including Senior Notes Series A maturity in March 2026, funded from corporate investment balances following Paycor acquisition financing.
Exhibit 99.1 view on EDGAR →
Summary
Paychex disclosed strong fiscal 2026 results with full-year revenue up 17% to $6.5 billion and adjusted diluted EPS up 11% to $5.51, driven partly by the Paycor acquisition completed in April 2025. The company launched WISE, an AI-powered intelligence engine using patent-pending technology to analyze unstructured data across its HCM platforms, positioning it to differentiate through AI-driven automation and advisory services. Paychex returned $2.2 billion to shareholders through dividends and buybacks while repaying $400 million in debt.
For fiscal 2027, management projects revenue growth of 5–6% and adjusted EPS growth of 7–9%, with an adjusted operating margin around 44%. The guidance reflects a moderation from fiscal 2026's elevated growth as Paycor integration effects normalize. Retail holders should note the company's ability to sustain double-digit earnings growth and substantial capital returns while investing in AI capabilities, though the forward outlook suggests a return to mid-single-digit organic growth rates.
Section-by-Section Diff
Event · Exhibit 99.1
Paychex reported Q4 and full-year fiscal 2026 results with 12% and 17% revenue growth, launched WISE AI engine, and returned $2.2 billion to shareholders.
Added in current filing · view on EDGAR → · paraphrased
Total revenue increased to $1.6 billion for the fourth quarter, representing growth of 12% over the prior year period. ... Total revenue increased 17% to $6.5 billion. ... Diluted earnings per share increased 43% to $1.17 per share and adjusted diluted earnings per share(1) increased 11% to $1.32 per share for the fourth quarter. ... Diluted earnings per share increased 7% to $4.89 per share. Adjusted diluted earnings per share(1) increased 11% to $5.51 per share.
Paychex disclosed strong fourth-quarter and full-year fiscal 2026 results. Fourth-quarter total revenue reached $1.6 billion, up 12% year-over-year, while full-year revenue grew 17% to $6.5 billion. Fourth-quarter diluted EPS rose 43% to $1.17 (adjusted EPS up 11% to $1.32), and full-year diluted EPS increased 7% to $4.89 (adjusted EPS up 11% to $5.51). The results reflect the integration of Paycor, acquired in April 2025, which contributed approximately 8% to Management Solutions revenue growth in the quarter.
Added in current filing · view on EDGAR →
This quarter, we launched WISE, our AI-powered intelligence engine, across our HCM platforms and internal operations, enabling more proactive, autonomous execution. It leverages patent-pending technology to unlock insights from unstructured data to increase productivity and enhance client outcomes.
Paychex announced the launch of WISE (Workforce Intelligence Engine), an AI-powered platform deployed across its HCM systems and internal operations. The technology uses patent-pending methods to extract insights from unstructured data, aiming to boost productivity and improve client outcomes through more proactive and autonomous execution. This positions Paychex to differentiate its offerings through AI-driven technology combined with advisory expertise.
Added in current filing · view on EDGAR →
Total revenue is anticipated to grow in the range of 5% to 6%. ... Management Solutions revenue is anticipated to grow in the range of 5% to 6%. ... PEO and Insurance Solutions revenue is anticipated to grow in the range of 6% to 7%. ... Interest on funds held for clients is expected to be in the range of $195 million to $205 million. ... Adjusted operating margin(1) is anticipated to be approximately 44%. ... The effective income tax rate for fiscal 2027 is anticipated to be approximately 24%. ... Adjusted diluted earnings per share(1) is anticipated to grow in the range of 7% to 9%.
Paychex provided fiscal 2027 guidance projecting total revenue growth of 5% to 6%, with Management Solutions revenue up 5% to 6% and PEO and Insurance Solutions revenue up 6% to 7%. Interest on funds held for clients is expected to be $195 million to $205 million. The company anticipates an adjusted operating margin of approximately 44%, an effective tax rate of approximately 24%, and adjusted diluted EPS growth of 7% to 9%.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 26, 2026 · How we verify