Paychex reports 6% first-quarter revenue growth and raises PEO outlook
Filed with the SEC on · Summarized by InvestorsBot
Paychex reported fiscal first-quarter revenue of $1.63 billion for the three months ended August 31, 2026, up 6% from a year earlier, while diluted EPS rose 14% to $1.21 and adjusted diluted EPS increased 10% to $1.34. PEO and Insurance Solutions revenue grew 12% to $367.6 million, prompting Paychex to raise its fiscal 2027 growth outlook for that segment to 7%-8% from 6%-7%; total revenue growth guidance remains 5%-6% and adjusted EPS growth guidance remains 7%-9%.