Paychex 3Q Profit, Revenue Rise on Strong Demand for HR Services

Dow Jones

昨天

By Connor Hart

Paychex logged higher profit and revenue in its fiscal third quarter as businesses turned to the company for help navigating a complex regulatory and economic environment.

The human resources, payroll, and employee‑benefits outsourcing company on Wednesday posted a profit of $560.3 million, or $1.56 a share, for its quarter ended Feb. 28. That is up from $519.3 million, or $1.43 a share, a year earlier.

Stripping out one-time items, earnings were $1.71 a share. Analysts polled by FactSet expected adjusted earnings of $1.67 a share.

Revenue jumped 20% to $1.81 billion, just ahead of the $1.78 billion that Wall Street modeled.

Management solutions revenue increased 23% to $1.35 billion, boosted by growth in the number of clients served as well as higher revenue per client. Professional employer organization and insurance solutions revenue was up 9% to $397.5 million.

Chief Executive John Gibson said clients are increasingly relying on Paychex to navigate compliance-heavy HR and workforce challenges.

"We continue to drive investment and innovation in all areas of our business model to take full advantage of the power of AI to further enhance our leadership position in human capital management," he added.

Looking ahead, Paychex backed its outlook for adjusted earnings per share growth of 10% to 11%. Total revenue is anticipated to grow in the range of 16.5% to 18.5%.

Shares climbed 4.1%, to $94.29, in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 25, 2026 09:12 ET (13:12 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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That is up from $519.3 million, or $1.43 a share, a year earlier. \n</p>\n<p>\n  Stripping out one-time items, earnings were $1.71 a share. Analysts polled by FactSet expected adjusted earnings of $1.67 a share. \n</p>\n<p>\n  Revenue jumped 20% to $1.81 billion, just ahead of the $1.78 billion that Wall Street modeled. \n</p>\n<p>\n  Management solutions revenue increased 23% to $1.35 billion, boosted by growth in the number of clients served as well as higher revenue per client. 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Total revenue is anticipated to grow in the range of 16.5% to 18.5%. \n</p>\n<p>\n  Shares climbed 4.1%, to $94.29, in premarket trading. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 09:12 ET (13:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Paychex 3Q Profit, Revenue Rise on Strong Demand for HR Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPaychex 3Q Profit, Revenue Rise on Strong Demand for HR Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-25 21:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Paychex logged higher profit and revenue in its fiscal third quarter as businesses turned to the company for help navigating a complex regulatory and economic environment. \n</p>\n<p>\n  The human resources, payroll, and employee‑benefits outsourcing company on Wednesday posted a profit of $560.3 million, or $1.56 a share, for its quarter ended Feb. 28. That is up from $519.3 million, or $1.43 a share, a year earlier. \n</p>\n<p>\n  Stripping out one-time items, earnings were $1.71 a share. Analysts polled by FactSet expected adjusted earnings of $1.67 a share. \n</p>\n<p>\n  Revenue jumped 20% to $1.81 billion, just ahead of the $1.78 billion that Wall Street modeled. \n</p>\n<p>\n  Management solutions revenue increased 23% to $1.35 billion, boosted by growth in the number of clients served as well as higher revenue per client. Professional employer organization and insurance solutions revenue was up 9% to $397.5 million. \n</p>\n<p>\n  Chief Executive John Gibson said clients are increasingly relying on Paychex to navigate compliance-heavy HR and workforce challenges. \n</p>\n<p>\n  \"We continue to drive investment and innovation in all areas of our business model to take full advantage of the power of AI to further enhance our leadership position in human capital management,\" he added. \n</p>\n<p>\n  Looking ahead, Paychex backed its outlook for adjusted earnings per share growth of 10% to 11%. Total revenue is anticipated to grow in the range of 16.5% to 18.5%. \n</p>\n<p>\n  Shares climbed 4.1%, to $94.29, in premarket trading. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 09:12 ET (13:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAYX","symbol_name":"沛齐","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622079666","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622079666","pubTimestamp":1774444320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Paychex logged higher profit and revenue in its fiscal third quarter as businesses turned to the company for help navigating a complex regulatory and economic environment.The human resources, payroll, and employeebenefits outsourcing company on Wednesday posted a profit of $560.3 million, or $1.56 a share, for its quarter ended Feb. 28. 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That is up from $519.3 million, or $1.43 a share, a year earlier. \n\n\n  Stripping out one-time items, earnings were $1.71 a share. Analysts polled by FactSet expected adjusted earnings of $1.67 a share. \n\n\n  Revenue jumped 20% to $1.81 billion, just ahead of the $1.78 billion that Wall Street modeled. \n\n\n  Management solutions revenue increased 23% to $1.35 billion, boosted by growth in the number of clients served as well as higher revenue per client. Professional employer organization and insurance solutions revenue was up 9% to $397.5 million. \n\n\n  Chief Executive John Gibson said clients are increasingly relying on Paychex to navigate compliance-heavy HR and workforce challenges. \n\n\n  \"We continue to drive investment and innovation in all areas of our business model to take full advantage of the power of AI to further enhance our leadership position in human capital management,\" he added. \n\n\n  Looking ahead, Paychex backed its outlook for adjusted earnings per share growth of 10% to 11%. Total revenue is anticipated to grow in the range of 16.5% to 18.5%. \n\n\n  Shares climbed 4.1%, to $94.29, in premarket trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2026 09:12 ET (13:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}