Earnings ·
Paychex reports Q1 fiscal 2027 revenue up 6% to $1.63B, diluted EPS rises 14% to $1.21
PAYXPaychex Inc
Paychex reported first-quarter fiscal 2027 results for the period ended August 31, 2026. Total revenue increased 6% to $1,630.5 million, driven by a 4% rise in Management Solutions revenue and a 12% increase in PEO and Insurance Solutions revenue. Operating income grew 14% to $619.2 million, while diluted earnings per share rose 14% to $1.21. The company paid dividends of $1.19 per share during the quarter. Paychex operates in the human resources, payroll, and benefits services industry.