AI brief of an SEC Form 8-K · Paychex (PAYX)

Paychex Q4 revenue rises 10% to $1.4 billion; GAAP EPS falls 22% to $0.82

Mixed Impact 3 of 5 earnings Written later

Paychex reported fourth-quarter and fiscal 2025 results for the period ended May 31, 2025, with revenue up 10% in the quarter to $1.4 billion, while GAAP diluted earnings per share fell 22% to $0.82 and adjusted diluted EPS rose 6% to $1.19. The company said it completed its Paycor acquisition and issued a fiscal 2026 outlook calling for revenue growth of 16.5% to 18.5% and adjusted diluted EPS growth of 8.5% to 10.5%.

Key points

  • Fourth-quarter total revenue was $1.4 billion, up 10%, and operating income fell 11% to $431.1 million.
  • Acquisition-related costs were $145.6 million in operating income for the quarter, compared with none in the prior-year period.
  • Fiscal 2025 net income was $1.66 billion, down 2%, and diluted EPS was $4.58, down 2%.
  • Fiscal 2026 outlook calls for adjusted operating margin of approximately 43% and an effective tax rate of 24% to 25%.

The filing

CompanyPaychex (PAYX)
Form8-K, current report
Filed with the SECJun 25, 2025, 8:35 AM ET
Accession number0000950170-25-089743

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 June 25, 2025.

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.