Paychex Q1 FY26: where the revenue came from and where it went
The whole income statement of Paychex for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jun 1 – Aug 31, 2025
- Reported
- Sep 30, 2025
Revenue$1.54B
+17% year over year
Gross profit$1.13B
73% margin
Operating profit$0.54B
35% margin
Net profit$0.38B
25% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.54 | 100% | +17% |
| Cost of revenue | −0.41 | 27% | |
| Gross profit | 1.13 | 73% margin | +2pp |
| SG&A | −0.58 | 38% | +8pp |
| Operating profit | 0.54 | 35% margin | −6pp |
| Interest & other costs | −0.04 | ||
| Tax | −0.11 | ||
| Net profit | 0.38 | 25% margin | −7pp |
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