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# Paychex posts $1.63B Q1 revenue and raises PEO growth outlook
- URL: https://www.enterprisey.com/paychex-posts-1-63b-q1-revenue-and-raises-peo-growth-outlook/
- Published: 2026-09-23T15:45:00.000Z
- Updated: 2026-10-26T04:14:36.000Z
- Description: Paychex reported fiscal Q1 2027 revenue of $1,630.5M and diluted EPS of $1.21. It kept its total revenue growth outlook at 5% to 6% and raised its PEO and Insurance Solutions outlook.
- Author: Enterprisey Admin
- Tags: News, Earnings

Paychex reported fiscal Q1 2027 revenue of $1,630.5M and diluted EPS of $1.21\. It kept its total revenue growth outlook at 5% to 6% and raised its PEO and Insurance Solutions outlook. ([SEC Form 8-K Exhibit 99.1 (Paychex)](https://www.sec.gov/Archives/edgar/data/0000723531/000072353126000004/payx-ex99%5F1.htm?ref=enterprisey.com); [Earnings Whispers](https://www.earningswhispers.com/article/PAYX/2609231699?ref=enterprisey.com))

Net income was $429.7M and adjusted diluted EPS was $1.34 for the quarter ended August 31, 2026\. PEO and Insurance Solutions revenue growth guidance rose to 7% to 8% from 6% to 7%. Guidance for interest on client funds rose to $200M to $210M. CEO John Gibson said the results show "the durability of our business model." ([SEC Form 8-K Exhibit 99.1 (Paychex)](https://www.sec.gov/Archives/edgar/data/0000723531/000072353126000004/payx-ex99%5F1.htm?ref=enterprisey.com); [Earnings Whispers](https://www.earningswhispers.com/article/PAYX/2609231699?ref=enterprisey.com))