Paychex (PAYX) Tax Provisions (2009 - 2026)
Paychex recorded quarterly Tax Provisions of $178.7 million in Q1 2026, up 43.19% quarter-over-quarter from $124.8 million in Q4 2025, and up 7.33% year-over-year from $166.5 million in Q1 2025.
Paychex's Tax Provisions history runs 18 years deep, the most recent figure standing at $178.7 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 7.33% year-over-year to $178.7 million; the TTM figure through Feb 2026 stood at $509.3 million (down 5.4% YoY), while the FY2025 annual figure was $518.6 million, down 1.71% from the prior year.
- Tax Provisions came in at $178.7 million for Q1 2026 at Paychex, up from $124.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $178.7 million in Q1 2026 to a low of $90.1 million in Q2 2022.
- A 5-year average of $127.5 million and a median of $124.8 million in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions gained 25.64% in 2023 and retreated 17.69% in 2025, its largest moves.
- Paychex's Tax Provisions stood at $114.9 million in 2022, then increased by 8.96% to $125.2 million in 2023, then increased by 4.07% to $130.3 million in 2024, then dropped by 4.22% to $124.8 million in 2025, then surged by 43.19% to $178.7 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $178.7 million, $124.8 million, and $113.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 663.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -53.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 204.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 92.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 533.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 983.00 Mn |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 178.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 178.70 Mn |
| Nov 30, 2025 | 124.80 Mn |
| Aug 31, 2025 | 113.70 Mn |
| May 31, 2025 | 92.10 Mn |
| Feb 28, 2025 | 166.50 Mn |
| Nov 30, 2024 | 130.30 Mn |
| Aug 31, 2024 | 129.70 Mn |
| May 31, 2024 | 111.90 Mn |
| Feb 29, 2024 | 160.60 Mn |
| Nov 30, 2023 | 125.20 Mn |
| Aug 31, 2023 | 129.90 Mn |
| May 31, 2023 | 113.20 Mn |
| Feb 28, 2023 | 150.00 Mn |
| Nov 30, 2022 | 114.90 Mn |
| Aug 31, 2022 | 112.80 Mn |
| May 31, 2022 | 90.10 Mn |
| Feb 28, 2022 | 123.60 Mn |
| Nov 30, 2021 | 105.50 Mn |
| Aug 31, 2021 | 110.30 Mn |
| May 31, 2021 | 82.90 Mn |
| Feb 28, 2021 | 112.10 Mn |
| Nov 30, 2020 | 77.20 Mn |
| Aug 31, 2020 | 64.50 Mn |
| May 31, 2020 | 70.90 Mn |
| Feb 29, 2020 | 109.70 Mn |
| Nov 30, 2019 | 78.30 Mn |
| Aug 31, 2019 | 80.10 Mn |
| May 31, 2019 | 80.10 Mn |
| Feb 28, 2019 | 101.00 Mn |
| Nov 30, 2018 | 73.50 Mn |
| Aug 31, 2018 | 79.00 Mn |
| May 31, 2018 | 2.70 Mn |
| Feb 28, 2018 | 4.10 Mn |
| Nov 30, 2017 | 106.00 Mn |
| Aug 31, 2017 | 109.00 Mn |
| May 31, 2017 | 105.20 Mn |
| Feb 28, 2017 | 105.30 Mn |
| Nov 30, 2016 | 109.90 Mn |
| Aug 31, 2016 | 107.10 Mn |
| May 31, 2016 | 98.00 Mn |
| Feb 29, 2016 | 101.30 Mn |
| Nov 30, 2015 | 106.60 Mn |
| Aug 31, 2015 | 88.40 Mn |
| May 31, 2015 | 92.40 Mn |
| Feb 28, 2015 | 96.50 Mn |
| Nov 30, 2014 | 98.60 Mn |
| Aug 31, 2014 | 97.60 Mn |
| May 31, 2014 | 83.80 Mn |
| Feb 28, 2014 | 92.10 Mn |
| Nov 30, 2013 | 91.20 Mn |
| Aug 31, 2013 | 93.50 Mn |
| May 31, 2013 | 89.70 Mn |
| Feb 28, 2013 | 81.90 Mn |
| Nov 30, 2012 | 84.00 Mn |
| Aug 31, 2012 | 86.80 Mn |
| May 31, 2012 | 74.40 Mn |
| Feb 29, 2012 | 76.60 Mn |
| Nov 30, 2011 | 79.00 Mn |
| Aug 31, 2011 | 82.30 Mn |
| May 31, 2011 | 65.30 Mn |
| Feb 28, 2011 | 69.80 Mn |
| Nov 30, 2010 | 71.50 Mn |
| Aug 31, 2010 | 70.30 Mn |
| May 31, 2010 | 59.40 Mn |
| Feb 28, 2010 | 57.40 Mn |
| Nov 30, 2009 | 68.30 Mn |
| Aug 31, 2009 | 67.20 Mn |
| May 31, 2009 | 61.41 Mn |
| Feb 28, 2009 | 67.68 Mn |