Paychex (PAYX) Current Taxes (2009 - 2026)
Paychex's (PAYX) quarterly Current Taxes came in at $87.8 million in Q2 2026, up 40.48% quarter-over-quarter from $62.5 million in Q1 2026.
Analysis
Paychex (PAYX) Current Taxes (2009 - 2026) Analysis & Trends
Paychex has disclosed Current Taxes across 18 years of filings, most recently posting $87.8 million for Q2 2026.
- In Q2 2026, Current Taxes changed N/A year-over-year to $87.8 million; the TTM figure through May 2026 stood at $87.8 million (changed N/A YoY), while the FY2026 annual figure was $87.8 million, changed N/A from the prior year.
- Current Taxes came in at $87.8 million for Q2 2026 at Paychex, up from $62.5 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $87.8 million in Q2 2026 to a low of $40.0 million in Q3 2022.
- Average Current Taxes over 5 years is $61.5 million, with a median of $61.8 million recorded in 2023.
- Year-over-year, Current Taxes retreated 2.2% in 2022 and surged 52.5% in 2023.
- Over 5 years, Current Taxes stood at $40.0 million in 2022, then jumped by 52.5% to $61.0 million in 2023, then advanced by 20.49% to $73.5 million in 2024, then sank by 39.59% to $44.4 million in 2025, then jumped by 97.75% to $87.8 million in 2026.
- Per Business Quant data, the three most recent Current Taxes figures were $87.8 million in Q2 2026, $62.5 million in Q1 2026, and $44.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 110.30 Mn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 87.80 Mn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | - |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | - |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | - |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | - |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | - |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | - |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 87.80 Mn |
| Feb 28, 2026 | 62.50 Mn |
| Nov 30, 2025 | 44.40 Mn |
| Aug 31, 2024 | 73.50 Mn |
| Aug 31, 2023 | 61.00 Mn |
| Aug 31, 2022 | 40.00 Mn |
| Aug 31, 2021 | 40.90 Mn |
| Aug 31, 2020 | 51.80 Mn |
| May 31, 2020 | 50.50 Mn |
| Aug 31, 2019 | 49.00 Mn |
| Aug 31, 2018 | 51.60 Mn |
| Aug 31, 2017 | 4.10 Mn |
| Aug 31, 2016 | 65.60 Mn |
| Aug 31, 2015 | 29.40 Mn |
| Feb 28, 2015 | 10.80 Mn |
| Aug 31, 2014 | 60.20 Mn |
| Feb 28, 2014 | 8.10 Mn |
| Aug 31, 2013 | 25.60 Mn |
| Feb 28, 2013 | 9.90 Mn |
| Aug 31, 2012 | 61.00 Mn |