Paychex Full Year 2025 Earnings: EPS Misses Expectations

Advertisement

Paychex (NASDAQ:PAYX) Full Year 2025 Results

Key Financial Results

  • Revenue: US$5.57b (up 5.6% from FY 2024).
  • Net income: US$1.66b (down 2.0% from FY 2024).
  • Profit margin: 30% (down from 32% in FY 2024). The decrease in margin was driven by higher expenses.
  • EPS: US$4.60 (down from US$4.69 in FY 2024).
revenue-and-expenses-breakdown
NasdaqGS:PAYX Revenue and Expenses Breakdown July 15th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Paychex EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.3%.

In the last 12 months, the only revenue segment was Staffing & Outsourcing Services contributing US$5.57b. The largest operating expense was General & Administrative costs, amounting to US$1.70b (72% of total expenses). Explore how PAYX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Paychex that you need to take into consideration.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NasdaqGS:PAYX

Paychex

Provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India.

Established dividend payer with adequate balance sheet.

Advertisement

Weekly Picks

LO
Lou_Basenese
CUE logo
Lou_Basenese on Cue Biopharma ·

Cue Biopharma (NASDAQ: CUE): The Scientist Behind Xolair Just Gave Cue a Next-Generation Shot at the Same Multi-Billion-Dollar Market

Fair Value:US$7061.6% undervalued
7 users have followed this narrative
0 users have commented on this narrative
3 users have liked this narrative
HE
HedgeY
ASTS logo
HedgeY on AST SpaceMobile ·

AST SpaceMobile: The Boldest Direct-to-Cell Bet in Public Markets

Fair Value:US$17036.6% undervalued
31 users have followed this narrative
0 users have commented on this narrative
10 users have liked this narrative
FU
ONTO logo
FundamentalFlow on Onto Innovation ·

Onto Innovation: The Advanced Packaging Chokepoint 51.3% undervalued intrinsic discount

Fair Value:US$38026.3% undervalued
22 users have followed this narrative
0 users have commented on this narrative
6 users have liked this narrative
MA
martinarauz
NU logo
martinarauz on Nu Holdings ·

Investment Analysis (May 2026)

Fair Value:US$22.7448.8% undervalued
51 users have followed this narrative
0 users have commented on this narrative
14 users have liked this narrative

Updated Narratives

IM
Imthetxarbi
BETS B logo
Imthetxarbi on Betsson ·

The Market Is Paying You a 9.3% Dividend and an 18.9% FCF Yield to Wait for a Recovery That's Already Starting

Fair Value:SEK 16747.5% undervalued
1 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
IM
Imthetxarbi
EVO logo
Imthetxarbi on Evolution ·

A Monopoly-Quality Business Trading at Distress Multiples — CEO Buying, €346M Buyback Active, 73% Upside to Fair Value

Fair Value:SEK 1.04k33.0% undervalued
1 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
IM
Imthetxarbi
STEM logo
Imthetxarbi on SThree ·

Every Staffing Stock Is Being Sold. SThree Is the Only One That Benefits From the Thing Killing the Others

Fair Value:UK£4.966.4% undervalued
1 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative

Popular Narratives

GO
QS logo
GoldenSands on QuantumScape ·

QuantumScape: A Mispriced Deep‑Tech Inflection Point With Multi‑Billion‑Dollar Optionality

Fair Value:US$8589.7% undervalued
124 users have followed this narrative
3 users have commented on this narrative
36 users have liked this narrative
CL
Clive_Thompson
TTWO logo
Clive_Thompson on Take-Two Interactive Software ·

Take-Two Interactive: The Calm Before the Storm NASDAQ: TTWO Last Price: $242.41 Date: May 15, 2026

Fair Value:US$276.9722.1% undervalued
56 users have followed this narrative
0 users have commented on this narrative
14 users have liked this narrative
NI
niteco
HON logo
niteco on Honeywell International ·

Honeywell - The Demand-Side of the AI Infrastructure

Fair Value:US$320.1930.3% undervalued
46 users have followed this narrative
0 users have commented on this narrative
19 users have liked this narrative