Paychex's fourth quarter adjusted EPS of $1.32 beats estimates as fiscal 2026 revenue grew 17%.

Paychex reported fourth quarter fiscal 2026 revenue of $1.606 billion, up 12% year-over-year, and adjusted diluted EPS of $1.32, an 11% increase. For the full fiscal year, revenue grew 17% to $6.5 billion, driven by contributions from its recent acquisition.

Key Highlights

• Fiscal 2026 revenue grew 17% to $6.5 billion, while adjusted diluted EPS increased 11% to $5.51.
• The Management Solutions segment, a key investor focus, reported revenue of $1.2 billion, up 14% year-over-year, with the Paycor acquisition contributing approximately 8% to this growth.
• Adjusted operating margin for the quarter expanded to 42.1% from 40.4% in the prior-year period, reflecting increased profitability.
• The company guided for fiscal 2027 total revenue growth of 5% to 6% and adjusted diluted EPS growth of 7% to 9%.