Paychex Q2 revenue rises 5% to $1.3 billion; EPS up 6% to $1.14
Paychex reported fiscal second-quarter results for the three months ended November 30, 2024, with total revenue up 5% and diluted earnings per share up 6%. The company left its fiscal 2025 business outlook unchanged from its first-quarter guidance, and it returned $810 million to stockholders in the first half of the fiscal year.
Key points
- Total revenue was $1,316.9 million for the quarter, up 5% from $1,257.9 million a year earlier.
- Operating income rose 6% to $538.1 million, and operating margin was 40.9% versus 40.2%.
- Diluted EPS was $1.14 versus $1.08; the company said operating income was affected by the expiration of the Employee Retention Tax Credit program.
- Fiscal 2025 guidance remained unchanged from the first-quarter outlook.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.