Paychex (PAYX) Operating Leases (2019 - 2026)

Paychex's Operating Leases history runs 8 years deep, the most recent figure standing at $59.3 million for Q1 2026.

• In Q1 2026, Operating Leases rose 25.9% year-over-year to $59.3 million; the TTM figure through Feb 2026 stood at $59.3 million (up 25.9% YoY), while the FY2025 annual figure was $55.5 million, up 13.27% from the prior year.
• Operating Leases came in at $59.3 million for Q1 2026 at Paychex, down from $66.6 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $79.3 million in Q1 2022 to a low of $45.7 million in Q4 2024.
• A 5-year average of $58.7 million and a median of $55.5 million in 2025 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases decreased 23.4% in 2023 and surged 45.73% in 2025, its largest moves.
• Paychex's Operating Leases stood at $66.8 million in 2022, then retreated by 19.91% to $53.5 million in 2023, then decreased by 14.58% to $45.7 million in 2024, then soared by 45.73% to $66.6 million in 2025, then dropped by 10.96% to $59.3 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $59.3 million, $66.6 million, and $52.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison