Paychex (PAYX) Intangibles (2009 - 2026)
Paychex's Intangibles came in at $1.63 billion for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 13.8% from $1.89 billion a year earlier and down 3.4% from the prior quarter.
Paychex (PAYX) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Paychex's Intangibles was $1.68 billion, down 13.5% from FY2025.
- Intangibles carries a five-year compound annual growth rate of 43.6% (FY2021 to FY2026).
- Going back by fiscal year, Intangibles was $1.95 billion in FY2025 (+901.2%), $194.5 million in FY2024 (+3.8%), $187.4 million in FY2023 (-16.6%) and $224.6 million in FY2022 (-18.6%).
- The fiscal Q1 2027 figure represents the lowest quarterly Intangibles since fiscal Q3 2025.
- Year-over-year, Intangibles increased in four of the last eight quarters, with growth averaging 444.7%.
- The fastest year-over-year change in Intangibles over five years came in fiscal Q2 2026 (growth of 908.0%), and the weakest in fiscal Q4 2022 (a decline of 18.6%).
- Business Quant data shows PAYX's Intangibles at $1.68 billion (Q4 2026), $1.75 billion (Q3 2026) and $1.81 billion (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn | - |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - | - |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn | 3.17 Bn |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn | 6.14 Bn |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn | 1.66 Bn |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn | 3.59 Bn |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn | 4.64 Bn |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - | 4.12 Bn |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - | 3.03 Bn |
| 10 | Paychex | 42.46 Bn | 37.54 Bn | 1.20 Bn | 1.63 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.63 Bn |
| May 31, 2026 | 1.68 Bn |
| Feb 28, 2026 | 1.75 Bn |
| Nov 30, 2025 | 1.81 Bn |
| Aug 31, 2025 | 1.89 Bn |
| May 31, 2025 | 1.95 Bn |
| Feb 28, 2025 | 175.60 Mn |
| Nov 30, 2024 | 179.80 Mn |
| Aug 31, 2024 | 187.70 Mn |
| May 31, 2024 | 194.50 Mn |
| Feb 29, 2024 | 204.90 Mn |
| Nov 30, 2023 | 201.00 Mn |
| Aug 31, 2023 | 197.50 Mn |
| May 31, 2023 | 187.40 Mn |
| Feb 28, 2023 | 196.20 Mn |
| Nov 30, 2022 | 203.90 Mn |
| Aug 31, 2022 | 212.50 Mn |
| May 31, 2022 | 224.60 Mn |
| Feb 28, 2022 | 234.80 Mn |
| Nov 30, 2021 | 245.90 Mn |
Paychex Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();