Paychex Q2 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
- Sep 1 – Nov 30, 2025
- Reported
- Dec 22, 2025
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
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.56 | 100% | +18% |
| Cost of revenue | −0.41 | 26% | |
| Gross profit | 1.15 | 74% margin | +2pp |
| SG&A | −0.57 | 37% | +6pp |
| Operating profit | 0.57 | 37% margin | −4pp |
| Interest & other costs | −0.05 | ||
| Tax | −0.13 | ||
| Net profit | 0.40 | 25% margin | −6pp |
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