Automatic Data Processing

ADP · Industrials · Market cap $104B

Q3 FY26 Mar 31, 2026 reported Apr 30, 2026

Revenue$5.9B +7% year over year

Gross profit$2.9B

Operating profit$1.7B

Net profit$1.4B 23% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	5.9	100%	+7%
HCM	2.5	42%	+4%
PEO Zero Margin Benefits Pass…	1.2	20%	+7%
HRO	1.1	19%	+5%
Global	0.8	14%	+15%
Interest On Funds Held for Clients	0.4	7%	+14%
Cost of revenue	−3.1	53%
Gross profit	2.9	48% margin	+1pp
Research & development	−0.3	4%	+0pp
SG&A	−0.9	18%	+0pp
Operating profit	1.7	29% margin	+1pp
Tax	−0.4
Net profit	1.4	23%	+0pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.4	100%	+6%
HCM	2.2	41%	+5%
PEO Zero Margin Benefits Pass…	1.1	20%	+7%
HRO	1	19%	+4%
Global	0.7	13%	+10%
Interest On Funds Held for Clients	0.3	6%	+13%
Cost of revenue	−2.9	54%
Gross profit	2.5	46% margin	+0pp
Research & development	−0.3	5%	+0pp
SG&A	−0.9	20%	+0pp
Operating profit	1.3	24% margin	+1pp
Tax	−0.3
Net profit	1.1	20%	+1pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.2	100%	+7%
HCM	2.2	42%	+6%
PEO Zero Margin Benefits Pass…	1.1	21%	+8%
HRO	0.9	17%	+5%
Global	0.7	13%	+8%
Interest On Funds Held for Clients	0.3	6%	+13%
Cost of revenue	−2.8	54%
Gross profit	2.3	45% margin	+0pp
Research & development	−0.3	5%	+0pp
SG&A	−0.8	19%	+0pp
Operating profit	1.2	23% margin	+0pp
Tax	−0.3
Net profit	1	20%	+0pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.1	100%	+8%
HCM	2.1	41%	+7%
PEO Zero Margin Benefits Pass…	1.1	22%	+8%
HRO	0.9	18%	+6%
Global	0.7	14%	+8%
Interest On Funds Held for Clients	0.3	6%	+11%
Cost of revenue	−2.8	55%
Gross profit	2.3	45% margin	+0pp
Research & development	−0.3	5%	+0pp
SG&A	−0.9	22%	+0pp
Operating profit	1.1	21% margin	+0pp
Tax	−0.3
Net profit	0.9	18%	+0pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Mar 31, 2026	Apr 30, 2026	$5.9B	+7%	29%	$1.4B	23%
Q2 FY26	Oct 1 – Dec 31, 2025	Jan 29, 2026	$5.4B	+6%	24%	$1.1B	20%
Q1 FY26	Jul 1 – Sep 30, 2025	Oct 31, 2025	$5.2B	+7%	23%	$1B	20%
Q4 FY25	Apr 1 – Jun 30, 2025	Aug 6, 2025	$5.1B	+8%	22%	$0.9B	18%