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Paychex Gross Profit 2018-2027 | PAYX

Annual FY2018–FY2026 · quarterly through Q1 FY2027

Latest annual · FY2026

$4.84B

+20.0%YoY vs FY2025Source: 10-KFY2026

From $2.36B in FY2018 to $4.84B in FY2026: 2.1× in 8 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY27$1.2B+6.6%Not reportedNot reportedNot reported
FY26$1.1B+20.0%$1.1B+22.1%$1.4B+22.8%$1.2B+15.0%
FY25$939M+1.4%$938M+4.9%$1.1B+5.9%$1.0B+12.3%
FY24$926M+8.3%$894M+7.6%$1.1B+5.1%$920M+7.0%
FY23$855M+13.1%$831M+8.9%$1.0B+10.9%$860M+11.7%
Share24%24%28%24%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+12.2%

FY2021
$2.73B
FY2026
$4.84B

5 years selected · on the chart

Gross Profit History

Year-over-year comparison from 10-K annual reports

  1. $4.84B
YoY changeLargest recent move+17.3%in FY22Latest +20.0%

Gross Profit, period by period

PeriodValueChangeSource
FY2026$4.84B+20.0%10-K
FY2025$4.03B+6.1%10-K
FY2024$3.80B+6.9%10-K
FY2023$3.55B+11.1%10-K
FY2022$3.20B+17.3%10-K
FY2021$2.73B−1.2%10-K
FY2020$2.76B+6.4%10-K
FY2019$2.59B+10.0%10-K
FY2018$2.36B—10-K

What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is Paychex's current gross profit?

Paychex (PAYX) annual gross profit for 2026 was $4.84B, a 20.00% increase from 2025. Paychex gross profit for the quarter ending August 31, 2026 was $1.20B.

What was Paychex's gross profit in 2025?

Paychex annual gross profit for 2025 was $4.03B, a 6.11% increase from 2024.

What was Paychex's gross profit in 2024?

Paychex annual gross profit for 2024 was $3.80B, a 6.89% increase from 2023.

What is Paychex's 5-year gross profit CAGR?

Paychex gross profit grew at a compound annual growth rate (CAGR) of 12.15% from FY2021 to FY2026, going from $2.73B to $4.84B over 5 years.

Company
Paychex
Ticker
PAYX
Sector
Other
Industry
Services-Engineering, Accounting, Research, Management