Paychex (PAYX) Operating Income (2009 - 2026)
Paychex's (PAYX) quarterly Operating Income came in at $604.7 million in Q2 2026, up 40.27% year-over-year from $431.1 million in Q2 2025, and down 23.65% quarter-over-quarter from $792.0 million in Q1 2026.
Analysis
Paychex (PAYX) Operating Income (2009 - 2026) Analysis & Trends
Paychex has disclosed Operating Income across 18 years of filings, most recently posting $604.7 million for Q2 2026.
- In Q2 2026, Operating Income rose 40.27% year-over-year to $604.7 million; the TTM figure through May 2026 stood at $2.5 billion (up 13.72% YoY), while the FY2026 annual figure was $2.5 billion, up 13.72% from the prior year.
- Operating Income came in at $604.7 million for Q2 2026 at Paychex, down from $792.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $792.0 million in Q1 2026 to a low of $394.0 million in Q2 2022.
- Average Operating Income over 5 years is $549.0 million, with a median of $540.0 million recorded in 2024.
- Year-over-year, Operating Income retreated 10.52% in 2025 and soared 40.27% in 2026.
- Over 5 years, Operating Income stood at $472.3 million in 2022, then climbed by 7.18% to $506.2 million in 2023, then increased by 6.3% to $538.1 million in 2024, then grew by 6.28% to $571.9 million in 2025, then gained by 5.74% to $604.7 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $604.7 million in Q2 2026, $792.0 million in Q1 2026, and $571.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | -1.82 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 604.70 Mn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 168.50 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 84.42 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 127.22 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | -40.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | -2.40 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 3.81 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 604.70 Mn |
| Feb 28, 2026 | 792.00 Mn |
| Nov 30, 2025 | 571.90 Mn |
| Aug 31, 2025 | 541.90 Mn |
| May 31, 2025 | 431.10 Mn |
| Feb 28, 2025 | 691.80 Mn |
| Nov 30, 2024 | 538.10 Mn |
| Aug 31, 2024 | 546.70 Mn |
| May 31, 2024 | 481.80 Mn |
| Feb 29, 2024 | 649.80 Mn |
| Nov 30, 2023 | 506.20 Mn |
| Aug 31, 2023 | 536.30 Mn |
| May 31, 2023 | 453.30 Mn |
| Feb 28, 2023 | 611.90 Mn |
| Nov 30, 2022 | 472.30 Mn |
| Aug 31, 2022 | 495.60 Mn |
| May 31, 2022 | 394.00 Mn |
| Feb 28, 2022 | 562.80 Mn |
| Nov 30, 2021 | 440.30 Mn |
| Aug 31, 2021 | 442.90 Mn |