Paychex (PAYX) Gross Profit (2019 - 2026)
Paychex's (PAYX) quarterly Gross Profit came in at $1.2 billion in Q2 2026, up 14.98% year-over-year from $1.0 billion in Q2 2025, and down 13.75% quarter-over-quarter from $1.4 billion in Q1 2026.
Analysis
Paychex (PAYX) Gross Profit (2019 - 2026) Analysis & Trends
Paychex has disclosed Gross Profit across 8 years of filings, most recently posting $1.2 billion for Q2 2026.
- In Q2 2026, Gross Profit rose 14.98% year-over-year to $1.2 billion; the TTM figure through May 2026 stood at $4.8 billion (up 20.0% YoY), while the FY2026 annual figure was $4.8 billion, up 20.0% from the prior year.
- Gross Profit came in at $1.2 billion for Q2 2026 at Paychex, down from $1.4 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.4 billion in Q1 2026 to a low of $784.3 million in Q2 2022.
- Average Gross Profit over 5 years is $996.1 million, with a median of $938.2 million recorded in 2024.
- Year-over-year, Gross Profit advanced 1.37% in 2024 and grew 22.83% in 2026.
- Over 5 years, Gross Profit stood at $831.0 million in 2022, then increased by 7.56% to $893.8 million in 2023, then rose by 4.92% to $937.8 million in 2024, then advanced by 22.14% to $1.1 billion in 2025, then rose by 3.74% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $1.2 billion in Q2 2026, $1.4 billion in Q1 2026, and $1.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn |
| 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 | 1.19 Bn |
| Feb 28, 2026 | 1.38 Bn |
| Nov 30, 2025 | 1.15 Bn |
| Aug 31, 2025 | 1.13 Bn |
| May 31, 2025 | 1.03 Bn |
| Feb 28, 2025 | 1.12 Bn |
| Nov 30, 2024 | 937.80 Mn |
| Aug 31, 2024 | 938.50 Mn |
| May 31, 2024 | 919.90 Mn |
| Feb 29, 2024 | 1.06 Bn |
| Nov 30, 2023 | 893.80 Mn |
| Aug 31, 2023 | 925.80 Mn |
| May 31, 2023 | 859.80 Mn |
| Feb 28, 2023 | 1.01 Bn |
| Nov 30, 2022 | 831.00 Mn |
| Aug 31, 2022 | 855.20 Mn |
| May 31, 2022 | 784.30 Mn |
| Feb 28, 2022 | 923.80 Mn |
| Nov 30, 2021 | 776.90 Mn |
| Aug 31, 2021 | 770.40 Mn |