Paychex posts $1.63B Q1 revenue and raises PEO growth outlook
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.
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); Earnings Whispers)
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); Earnings Whispers)