Paychex Inc

PAYX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Paychex Earnings: PEO Revenue Exceeds Expectations, Though Core HCM Has Room to Grow

Jivyaa Vaidya

Sep 24, 2026

Paychex reported first-quarter sales of $1.63 billion, up 6% year over year, and an adjusted operating margin of 42%, both in line with guidance. Management raised its full-year outlook for the PEO and insurance solutions segment and for interest income, with the rest of the guidance left unchanged.

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Paychex Inc

Paychex Earnings: PEO Revenue Exceeds Expectations, Though Core HCM Has Room to Grow

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