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PAYX on Nasdaq

Paychex

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

American payment technology company

Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 800,000 payroll clients in the U.S. and Europe. Paychex is ranked 681st on the Fortune 500 list of largest corporations by revenue.3 It was founded by Tom Golisano.1 Its shares trade on Nasdaq under the symbol PAYX.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$6.3BRevenue, fiscal 20266
$1.8BNet income, fiscal 20266
1971Founded1

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  • TickerPAYX on Nasdaq1
  • IndustryServices-Engineering, Accounting, Research, Management1
  • HeadquartersRochester1
  • Websitewww.paychex.com
  • Legal formpublic company1
  • Incorporated inDE7
  • Business address911 Panorama Trail S, Rochester, Ny 14625-03977
  • Filer categoryLarge accelerated filer7
  • LEI529900K900DW6SUBM1744
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o The Corporation Trust Company, Corporation Trust Center 1209 Orange St, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 8715964

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Paychex headquarters
Photo: DanielPenfield, CC BY-SA 3.0, via Wikimedia Commons10

Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 800,000 payroll clients in the U.S. and Europe. Paychex is ranked 681st on the Fortune 500 list of largest corporations by revenue.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

39.8%Operating margin6
27.9%Net margin6
16.5%Revenue growth, 20266
47.1%Return on equity6
1.22×Debt to equity6
$2.3BFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Management Solutions brought in 77% of the revenue Paychex broke down this way in fiscal 2026.

  1. Management Solutions$4.9B677%up 20% from 2025
  2. Peo And Insurance Solutions$1.4B623%up 7% from 2025
Products and services by year
Products and services202420252026
Management Solutions$3.9B$4.1B$4.9B
Peo And Insurance Solutions$1.3B$1.3B$1.4B

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue27¢$1.7B
  • Selling, general and admin37¢$2.3B
  • Income tax9¢$550.8M
  • Profit28¢$1.8B

Out of $6.3B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending9¢$234.9M
  • Dividends paid62¢$1.6B
  • Share buybacks24¢$611.0M
  • Kept or used elsewhere5¢$121.2M

Out of $2.6B of cash from operations.6

Financial statements

Revenue11121314156$6.3B in 2026+71% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $3.7B$3.7B20192020: $4.0B$4.0B2020+7%2021: $4.0B$4.0B2021+1%2022: $4.6B$4.6B2022+14%2023: $4.9B$4.9B2023+8%2024: $5.1B$5.1B2024+5%2025: $5.4B$5.4B2025+5%2026: $6.3B$6.3B2026+16%
Operating income11121314156$2.5B in 2026+83% since 2019
0$1.0B$2.0B$3.0B2019: $1.4B$1.4B20192020: $1.5B$1.5B2020+7%2021: $1.5B$1.5B2021+0%2022: $1.8B$1.8B2022+26%2023: $2.0B$2.0B2023+10%2024: $2.2B$2.2B2024+7%2025: $2.2B$2.2B2025+2%2026: $2.5B$2.5B2026+14%
Net income14156$1.8B in 2026+26% since 2022
0$500.0M$1.0B$1.5B$2.0B2022: $1.4B$1.4B20222023: $1.6B$1.6B2023+12%2024: $1.7B$1.7B2024+9%2025: $1.7B$1.7B2025−2%2026: $1.8B$1.8B2026+6%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2026-05-312025-05-312024-05-31
Total service revenue$6.3B$5.4B$5.1B
Interest on funds held for clients$210.9M$161.7M$146.3M
Total revenue$6.5B$5.6B$5.3B
Cost of service revenue$1.7B$1.5B$1.5B
Selling, general and administrative expenses$2.3B$1.8B$1.6B
Total expenses$4.0B$3.4B$3.1B
Operating income$2.5B$2.2B$2.2B
Interest expense-$269.5M-$105.4M-$37.3M
Other income, net$69.9M$73.6M$81.2M
Income before income taxes$2.3B$2.2B$2.2B
Income taxes$550.8M$518.6M$527.6M
Net income$1.8B$1.7B$1.7B
Other comprehensive income/(loss), net of tax$3.8M$91.4M$14.8M
Comprehensive income$1.8B$1.7B$1.7B
Basic earnings per share$4.90$4.60$4.69
Diluted earnings per share$4.89$4.58$4.67
Weighted-average common shares outstanding358.9M shares360.2M shares360.3M shares
Weighted-average common shares outstanding, assuming dilution360.0M shares362.0M shares362.1M shares

Compare Paychex with another company

Corporate structure

Paychex sits at the top of its group. 28 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Paychex

  • Paychex Rochester, New York, United States
    • ACH Insurance, LLC Subsidiary · Florida, United States
    • Advantage Payroll Services, Inc. Subsidiary · Delaware, United States
    • Alterna Capital Solutions, LLC Subsidiary · Florida, United States
    • ESG Insurance, LLC Subsidiary · Utah, United States
    • Fast 401k, Inc. d/b/a ePlan Services Subsidiary · Delaware, United States
    • Lessor A/S (DK) Subsidiary · Denmark
    • Oasis Advisory Services, LLC Subsidiary · Florida, United States
    • Oasis HR Solutions III, LLC Subsidiary · Florida, United States
    • Oasis Outsourcing Acquisition Corporation Subsidiary · Delaware, United States
    • Oasis Outsourcing Holdings, Inc. Subsidiary · Florida, United States
    • Oasis Outsourcing, LLC Subsidiary · Florida, United States
    • Paychex Administrative Services, LLC Subsidiary · Florida, United States
    • Paychex Advance, LLC Subsidiary · New York, United States
    • Paychex Deutschland, GmbH (GM) Subsidiary · Germany
    • Paychex Holdings, LLC Subsidiary · New York, United States
    • Paychex Insurance Agency, Inc. Subsidiary · New York, United States
    • Paychex Insurance Concepts, Inc. Subsidiary · New York, United States
    • Paychex Investment, LLC Subsidiary · Delaware, United States
    • Paychex North America, Inc. Subsidiary · Delaware, United States
    • Paychex of New York, LLC Subsidiary · Delaware, United States
    • Paychex PEO VI, LLC Subsidiary · Florida, United States
    • Paychex PEO VII, LLC Subsidiary · Florida, United States
    • Paychex Retirement, LLC Subsidiary · New York, United States
    • Paychex Securities Corporation Subsidiary · New York, United States
    • Paycor HCM, Inc. Subsidiary · Delaware, United States
    • and 2 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Paychex reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.9B6 May 31, 2026$1.7B6 May 31, 2025+11.0%
Accumulated depreciation$1.3B6 May 31, 2026$1.2B6 May 31, 2025+9.2%
Property and equipment, net$588.9M6 May 31, 2026$511.5M6 May 31, 2025+15.1%
Operating-lease assets (leased space)$63.9M6 May 31, 2026$63.8M6 May 31, 2025+0.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.1B6 May 31, 2026$1.6B6 May 31, 2025−33.2%
Marketable securities, current$36.3M6 May 31, 2026$34.5M6 May 31, 2025+5.2%
Marketable securities, non-current$015 May 31, 2025$3.7M15 May 31, 2024−100.0%
Debt securities available for sale$4.5B6 May 31, 2026$3.8B6 May 31, 2025+19.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.5B6 May 31, 2026$4.5B6 May 31, 2025+0.3%
Intangible assets, net (excluding goodwill)$1.7B6 May 31, 2026$1.9B6 May 31, 2025−13.5%
Accumulated amortization$875.0M6 May 31, 2026$575.8M6 May 31, 2025+52.0%

Properties, in its own words

We owned and leased the following properties as of May 31, 2026:

Square feet

The rest of Item 2

Owned facilities:

Rochester, New York · 832,000

Cincinnati, Ohio · 136,000

Other U.S. locations · 30,000

Total owned facilities · 998,000

Leased facilities:

Rochester, New York · 53,000

Cincinnati, Ohio · 167,000

Other U.S. locations · 605,000

International locations · 235,000

Total leased facilities · 1,060,000

Our facilities in Rochester, New York and Cincinnati, Ohio house various distribution, processing, and technology functions, certain ancillary functions, a telemarketing unit, and other back-office functions. Facilities outside of Rochester, New York are in various locations throughout the U.S. and house our service centers, fulfillment centers and sales functions. Our International locations primarily consist of our European operations in Denmark and Germany, our Canadian operations, and locations in India, Serbia and Israel which house information technology, service, and sales support functions.

During fiscal 2026, three leased premises in Other U.S. locations and one lease in an International location were vacated upon lease expiration.

Item 2 of the 10-K filed Jul 17, 2026.21

The story

Founded by Tom Golisano in 1971.1

Paychex was founded in 1971 by Tom Golisano, who started the company with only $3,000.

The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, the company (ticker symbol: PAYX) became a public company via an initial public offering.

Paychex acquired Pay-Fone in 1995. In 1996, the company acquired Olsen Computer Systems and National Business Systems.

Between 2002 and 2003, it acquired Advantage Payroll Services, Interpay, and Time in a Box, followed by Time in a Box's parent Stromberg in 2004.

The company purchased Hawthorne Benefit Technologies in 2007, SurePayroll, Inc. in 2010, and ePlan Services in 2011. It Icon Time Systems and ExpenseWire in 2012 for an undisclosed amount. Between 2013 and 2017, it purchased myStaffingPro NETtime solutions Advance Partners, and Human Resources Outsourcing, Inc.

Rochester Democrat and Chronicle named Paychex one of the Best Places to Work in Rochester in 2016.

It acquired Lessor Group 2018. That year it also acquired Oasis for a reported $1.2 billion.

In 2019, Paychex was named to the Fortune list of Future 50 companies.

Read the full text

John Gibson has been CEO of Paychex since October 2022.

The company generated $5.2 billion in revenue and $13 billion in assets in 2024.

In 2025, it acquired Paycor for $4.1 billion

In May 2025, Paychex acquired SixFifty, the legal tech unit of U.S. law firm Wilson Sonsini Goodrich & Rosati, in an all-cash deal worth between $70 million and $85 million.

Small Business Employment Watch

Paychex and IHS Markit launched a Small Business Jobs Index in 2014 that measures the health of businesses employing 50 people or less. The IHS Markit Small Business Employment Watch shares small business jobs data beginning 2005 and wage data from 2011. The Employment Watch is frequently used by financial experts, analysts, and journalists assessing the economic outlook.

From Wikipedia’s article on Paychex, shared under CC BY-SA 4.0.8

Leadership

Who has led Paychex, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jonathan Judge2006–2010
  2. Martin Mucci2010–2022
  3. John B. Gibson2022–now

Chair

  1. Tom Golisano2006
  2. Martin Mucci2021–2022

President

  1. Jonathan Judge2006–2010
  2. Martin Mucci2010–2021
  3. John B. Gibson2022–now

Chief financial officer

  1. John M. Morphy2006–2011
  2. Efrain Rivera2011–2023
  3. Robert L. Schrader2023–now

Chief operating officer

  1. John B. Gibson2022
19801990200020102020
Board members and other officers (45)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • ACH Insurance, LLC Florida9
  • Advantage Payroll Services, Inc. Delaware9
  • Alterna Capital Solutions, LLC Florida9
  • ESG Insurance, LLC Utah9
  • Fast 401k, Inc. d/b/a ePlan Services Delaware9
  • Lessor A/S (DK) Denmark9
  • Oasis Advisory Services, LLC Florida9
  • Oasis HR Solutions III, LLC Florida9
  • Oasis Outsourcing Acquisition Corporation Delaware9
  • Oasis Outsourcing Holdings, Inc. Florida9
  • Oasis Outsourcing, LLC Florida9
  • PXC, Inc.. New York9
  • Paychex Administrative Services, LLC Florida9
  • Paychex Advance, LLC New York9
  • Paychex Deutschland, GmbH (GM) Germany9
  • Paychex Holdings, LLC New York9
  • Paychex Insurance Agency, Inc. New York9
  • Paychex Insurance Concepts, Inc. New York9
  • Paychex Investment, LLC Delaware9
  • Paychex North America, Inc. Delaware9
  • Paychex PEO VI, LLC Florida9
  • Paychex PEO VII, LLC Florida9
  • Paychex Retirement, LLC New York9
  • Paychex Securities Corporation New York9
All 27 listed subsidiaries
  • Paychex of New York, LLC Delaware9
  • Paycor HCM, Inc. Delaware9
  • SurePayroll, Inc. Delaware9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 23, 20268-K Results of operations74
  2. Jul 21, 20268-K Executive or director change75
  3. Jun 24, 20268-K Results of operations76
  4. Mar 25, 20268-K Results of operations77
  5. Jan 26, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation78
  6. Jan 20, 20268-K Executive or director change; Other events79
  7. Dec 19, 20258-K Results of operations80
  8. Oct 14, 20258-K Shareholder vote81
  9. Sep 30, 20258-K Results of operations82
  10. Jul 14, 20258-K Executive or director change; Regulation FD disclosure83
  11. Jun 27, 20258-K Financial statements and exhibits84
  12. Jun 25, 20258-K Results of operations85
  13. Oct 18, 2022New chief executive John B. Gibson becomes CEO22
  14. Oct 14, 2010New chief executive Martin Mucci becomes CEO23
  15. Jul 6, 2006New chief executive Jonathan Judge becomes CEO24
  16. Mar 26, 1990Went public Listed on NASDAQ1
  17. 1971Founded Founded1

Calendar

Coming up

  1. Around Dec 23, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.
  2. Oct 26, 2026Dividend Ex-dividend; $1.19 a share; paid 2026-11-25.86

When it reported results

  1. Sep 23, 2026Reported quarterly or annual results74
  2. Jun 24, 2026Reported quarterly or annual results76
  3. Mar 25, 2026Reported quarterly or annual results77
  4. Dec 19, 2025Reported quarterly or annual results80
  5. Sep 30, 2025Reported quarterly or annual results82
  6. Jun 25, 2025Reported quarterly or annual results85
  7. Mar 26, 2025Reported quarterly or annual results87
  8. Dec 19, 2024Reported quarterly or annual results88

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

437 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 48 major events, 264 insider forms, 18 large holders, 86 other. The latest 20:

  1. Oct 14, 2026144 EDGAR
  2. Oct 2, 20264 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Sep 30, 20264 EDGAR
  5. Sep 29, 2026144 EDGAR
  6. Sep 24, 202610-Q EDGAR
  7. Sep 23, 20268-K EDGAR
  8. Sep 4, 2026ARS EDGAR
  9. Sep 4, 2026DEFA14A EDGAR
  10. Sep 4, 2026DEF 14A EDGAR
  11. Sep 2, 20264 EDGAR
  12. Aug 17, 20264 EDGAR
  13. Jul 21, 20268-K EDGAR
  14. Jul 21, 20264 EDGAR
  15. Jul 21, 20264 EDGAR
  16. Jul 21, 20264 EDGAR
  17. Jul 20, 2026144 EDGAR
  18. Jul 17, 2026144 EDGAR
  19. Jul 17, 2026144 EDGAR
  20. Jul 17, 202610-K EDGAR

The 437 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

79 open-market trades by officers, directors and large owners since October 2021: 8 buys and 71 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 20, 2026Schrader Robert L.Sr. VP, CFOSale2,600$115.09$299.2KForm 4
Jul 17, 2026Simmons Christopher CVP, Controller & TreasurerSale2,615$115.92$303.1KForm 4
Jul 14, 2026MUCCI MARTINDirectorSale25,000$109.93$2.7MForm 4
Jun 26, 2026TUCCI JOSEPH MDirectorSale3,907$98.25$383.9KForm 4
May 13, 2026Roaldsen ElizabethSr. Vice PresidentSale459$90.00$41.3KForm 4
Feb 4, 2026DOODY JOSEPHDirectorBuy1,000$98.76$98.8KForm 4
Feb 4, 2026BONADIO TOMDirectorBuy1,000$98.50$98.5KForm 4
Jul 16, 2025Simmons Christopher CVP, Controller & TreasurerSale1,843$140.98$259.8KForm 4
Jul 16, 2025Schrader Robert L.Sr. VP, CFOSale3,160$140.63$444.4KForm 4
Jul 16, 2025Gibson John BPresident and CEOSale12,370$141.92$1.8MForm 4
Jul 10, 2025MUCCI MARTINDirectorSale97,526$145.17$14.2MForm 4
Apr 15, 2025VELLI JOSEPH MDirectorSale3,650$149.25$544.8KForm 4
Apr 3, 2025Gioja Michael ESr. Vice PresidentSale31,653$154.59$4.9MForm 4
Oct 16, 2024Bottini Mark AnthonySr. VP of SalesSale46,875$141.87$6.6MForm 4
Oct 15, 2024Schrader Robert L.Sr. VP, CFOSale13,015$142.35$1.9MForm 4
Oct 9, 2024Gioja Michael ESr. Vice PresidentSale26,428$139.03$3.7MForm 4
Oct 4, 2024Gioja Michael ESr. Vice PresidentSale14,731$139.18$2.1MForm 4
Aug 26, 2024DOODY JOSEPHDirectorSale8,641$130.69$1.1MForm 4
Aug 24, 2024FLASCHEN DAVID J SDirectorBuy45$122.31$5.6KForm 4
Aug 16, 2024Simmons Christopher CVP, Controller & TreasurerSale2,344$125.34$293.8KForm 4

All 79 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026John B. GibsonPresident and CEO$921.9K$10.3M94
2026Robert L. SchraderSVP and CFO$521.9K$3.4M94
2026Adam AnteSVP of HCM$509.6K$2.8M94
2026Ryan BergstromChief Product and Technology Officer$484.1K$2.8M94
2026Chad ParodiSVP of HR & Benefits Services$475.0K$2.5M94
2025John B. GibsonPresident and CEO$900.0K$8.8M94
2025Adam AnteSVP of HCM$56.8K$3.3M94
2025Robert L. SchraderSVP and CFO$493.7K$2.8M94
2024John B. GibsonPresident and CEO$922.2K$7.5M94
2024Robert L. SchraderSVP and CFO$414.9K$1.9M94

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Capital International Investors28,840,445$2.8B0.6%−1,108,241
BlackRock, Inc.27,753,178$2.7B0.0%−661,274
Vanguard Capital Management LLC21,040,690$2.1B0.0%+75,420
Vanguard Portfolio Management LLC15,277,715$1.5B0.1%+28,155
State Street Corp14,411,341$1.4B0.0%+361,713
Invesco Ltd.13,040,655$1.3B0.1%+255,853
Charles Schwab Investment Management Inc10,402,177$1.0B0.1%+1,026,924
Geode Capital Management, LLC10,250,030$1.0B0.1%−20,498
Morgan Stanley6,540,823$643.2M0.0%+1,242,795
Federated Hermes, Inc.5,881,768$578.4M0.8%−3,808
Goldman Sachs Group Inc4,619,471$454.2M0.0%+660,155
Bank Of America Corp /de/4,414,326$434.1M0.0%+90,436
Northern Trust Corp4,006,462$394.0M0.0%+9,665
Wells Fargo & Company/mn3,852,234$378.8M0.1%−387,014
First Trust Advisors LP3,366,093$331.0M0.2%+1,022,037
UBS Group AG3,303,592$324.8M0.1%−228,797
Jpmorgan Chase & Co2,838,927$283.4M0.0%+96,048
Envestnet Asset Management Inc2,764,004$271.8M0.1%−10,469
Victory Capital Management Inc2,741,215$269.5M0.2%+1,341,349
Dimensional Fund Advisors LP2,706,479$266.2M0.0%−116,090
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2,669,450$262.5M0.0%−29,943
Millennium Management LLC2,329,624$229.1M0.2%+1,194,645
Select Equity Group, L.P.2,320,215$228.1M1.2%−1,349,858
Norges Bank2,131,253$209.6M0.0%New
Legal & General Group Plc2,107,031$207.2M0.0%−238,090

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

41 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 25, 2026April McClain DelaneyDemocratic, HouseSale$100,001 - $250,000+12.1%Report
Apr 21, 2026April McClain DelaneyDemocratic, HousePartial sale$1,001 - $15,000−8.6%Report
Apr 16, 2026April McClain DelaneyDemocratic, HousePartial sale$1,001 - $15,000−10.2%Report
Apr 14, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+13.5%Report
Apr 7, 2026Rick LarsenDemocratic, HouseSale$1,001 - $15,000−3.8%Report
Mar 27, 2026Alan ArmstrongRepublican, SenateSale$1,001 - $15,000+0.9%Report
Feb 24, 2026April McClain DelaneyDemocratic, HousePartial sale$1,001 - $15,000−12.9%Report
Feb 23, 2026April McClain DelaneyDemocratic, HousePartial sale$1,001 - $15,000−13.7%Report
Feb 20, 2026Shelley Moore CapitoRepublican, SenateSale$1,001 - $15,000−9.5%Report
Jan 14, 2026Rick W. AllenRepublican, HouseSale$15,001 - $50,000+11.4%Report
Nov 13, 2025Shelley Moore CapitoRepublican, SenatePartial sale$1,001 - $15,000+15.8%Report
Nov 12, 2025Marjorie Taylor GreeneRepublican, HouseBuy$15,001 - $50,000−13.2%Report
Oct 21, 2025Shelley Moore CapitoRepublican, SenatePartial sale$1,001 - $15,000+28.1%Report
Oct 1, 2025April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−26.1%Report
Sep 25, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+29.8%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseBuy$1,001 - $15,000−30.7%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+30.7%Report
Aug 4, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+42.8%Report
Jul 16, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−45.8%Report
Jun 26, 2025April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−47.6%Report
May 5, 2025Marjorie Taylor GreeneRepublican, HouseBuy$1,001 - $15,000−62.8%Report
Apr 9, 2025April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−64.9%Report
Apr 9, 2025Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+64.9%Report
Mar 19, 2025Sheri BiggsRepublican, HouseSale$15,001 - $50,000+61.0%Report
Feb 27, 2025April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−57.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Paychex is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPAYCHEX INC2
  • CIK0000723531
  • Employer ID (EIN)16-112416621
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company21
  • Incorporated inDelaware21
  • Fiscal year endsMay 312
  • Industry code (SIC)8700 Services-Engineering, Accounting, Research, Management2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address911 Panorama Trail S, Rochester, NY 14625-03972
  • Mailing address911 Panorama Trail South, Rochester, NY 14625-03972
  • Phone58538566662
  • Shares outstanding355,980,473 as of Aug 31, 202616
  • Public float$36.0B as of Nov 28, 202521
  • AuditorPricewaterhouseCoopers LLP, Victor, New York PCAOB ID 238; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceFeb 6, 19952
  • Filings1,663 in all: 4 (903), 8-K (235), 10-Q (95), SC 13G/A (66), 144 (59), 3 (44), 5 (36), 10-K (32)2
    All 37 form types

    DEF 14A (32), 11-K (30), SC 13G (21), UPLOAD (17), ARS (15), CORRESP (11), S-8 (11), 4/A (10), DEFA14A (10), SCHEDULE 13G/A (6), 8-K/A (3), PRE 14A (3), 3/A (2), 424B2 (2), POS AM (2), S-3 (2), S-3/A (2), S-3ASR (2), S-8 POS (2), 10-K/A (1), 10-Q/A (1), 144/A (1), 424B3 (1), 424B7 (1), FWP (1), NO ACT (1), S-4 (1), S-4/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Jul 17, 2026
    Quarterly report (10-Q) Sep 24, 2026
    Proxy statement (DEF 14A) Sep 4, 2026
    Latest 8-K (8-K) Sep 23, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par valuePAYXNASDAQ

From the cover page of the 10-K filed Jul 17, 2026 (Section 12(b) of the Exchange Act).21

Risk factors and legal proceedings

The risks Paychex names in Item 1A of its 10-K filed Jul 17, 2026: 22 risks under these headings, as written.21

  • Business and Operational Risks
  • We may not be able to keep pace with changes in technology or provide timely enhancements to our solutions and support.
  • Our use of AI technology and the incorporation of AI technology into our solutions carries risks and challenges that could adversely affect our business, financial condition, results of operations, and prospects.
  • We may experience software defects, undetected errors, and development delays, which could damage our relationship with customers, decrease our potential profitability and expose us to liability.
  • We could be subject to reduced revenues, increased costs, liability claims, or harm to our competitive position as a result of cyberattacks, security vulnerabilities or Internet disruptions.
  • In the event of a catastrophe, our business continuity plan may fail, which could result in the loss of customer data and adversely interrupt operations.
  • We may be adversely impacted by any failure of third-party service providers to perform their functions.
  • We may be exposed to additional risks related to our co-employment relationship within our PEO business.
  • We may be adversely impacted by changes in health insurance and workers’ compensation rates and underlying claims trends.
  • We made and may continue to make acquisitions that involve numerous risks and uncertainties.
  • Financial Risks
  • Our clients could have insufficient funds to cover payments we made on their behalf, resulting in financial loss to us.
The other 12 risks
  • Our interest earned on funds held for clients may be impacted by changes in government regulations mandating the amount of tax withheld or timing of remittance.
  • Our debt obligations may expose us to risks affecting the operation of our business, and our failure to address these risks could have a material adverse effect on our results of operations and financial condition.
  • Change in our credit ratings could adversely impact our results of operations and lower our profitability.
  • Legal, Regulatory and Political Risks
  • Our business, services, and financial condition may be adversely impacted by changes in government laws and regulations.
  • Our business and reputation may be adversely impacted if we fail to comply with U.S. and foreign laws and regulations.
  • Our reputation, results of operations, or financial condition may be adversely impacted if we fail to comply with data privacy and AI laws and regulations.
  • Failure to protect our intellectual property rights may harm our competitive position and litigation to protect our intellectual property rights or defend against third-party allegations of infringement may be costly.
  • We are involved in litigation from time to time arising from the operation of our business and acquisitions and, as such, we could incur substantial judgments, fines, legal fees, or other costs.
  • General Risk Factors
  • Our business, results of operations, and financial condition may be impacted by macroeconomic and/or political factors of the U.S. and global economy and such impact could be materially adverse.
  • We may be adversely impacted by volatility and uncertainty in the political and economic environment.
  • We may not be able to attract and retain qualified people, which could impact the quality of our solutions and customer satisfaction.
  • In the event we receive negative publicity, our reputation and the value of our brand could be harmed, and customers may not use our solutions and support, which may have a material adverse effect on our business.

Legal proceedings

We are subject to various claims and legal matters that arise in the normal course of our business. Refer to Note Q of the Notes to Consolidated Financial Statements contained in Item 8 of this Form 10-K for further discussion of our legal proceedings, if any.

The opening of Item 3, Legal Proceedings.21

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