FINHUB Insights

PAYX · Q2 FY26 · Sep 1 – Nov 30, 2025

Paychex Q2 FY26: where the revenue came from and where it went

Paychex Q2 FY26: revenue $1.6B (+18% year over year). Net profit $0.40B. The whole income statement as a sankey diagram from the SEC filing.

Period
Sep 1 – Nov 30, 2025
Reported
Dec 22, 2025 10-Q
Sankey diagram of Paychex's income statement for Q2 FY26: revenue of $1.56 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.56B +18% year over year
Gross profit$1.15B 74% margin
Operating profit$0.57B 37% margin
Net profit$0.40B 25% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Nov 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.56 100% +18%
Cost of revenue−0.4126%
Gross profit1.1574% margin+2pp
SG&A−0.5737%+6pp
Operating profit0.5737% margin−4pp
Tax−0.13
Interest & other costs−0.05
Net profit0.4025%−6pp
Filing on EDGAR More quarters of PAYX

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.