Paychex (PAYX) Cost of Revenue (2019 - 2026)

Paychex (PAYX) has 8 years of Cost of Revenue data on file, last reported at $417.3 million in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 5.94% year-over-year to $417.3 million; the trailing twelve-month figure through May 2026 stood at $1.7 billion (up 8.71% YoY), and the FY2026 full-year result was $1.7 billion, up 8.71% from the prior year.
• Cost of Revenue slipped to $417.3 million in Q2 2026, from $431.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $431.2 million in Q1 2026 to a low of $351.0 million in Q3 2022.
• A 5-year average of $381.1 million and a median of $377.2 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue grew 14.0% in 2022 and advanced 1.34% in 2023, its largest moves.
• Tracing PAYX's Cost of Revenue over 5 years: stood at $359.3 million in 2022, then rose by 1.34% to $364.1 million in 2023, then increased by 4.12% to $379.1 million in 2024, then grew by 8.73% to $412.2 million in 2025, then grew by 1.24% to $417.3 million in 2026.
• Business Quant data shows PAYX's Cost of Revenue at $417.3 million in Q2 2026, $431.2 million in Q1 2026, and $412.2 million in Q4 2025.