Companies · PAYX
Paychex
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Revenue
$6.5B
PAYX 10-K · FY 2026
Employees
17,600
Revenue growth YoY
+17%
Founded
1979
Profile
PAYX 10-K Item 1 · Jul 17, 2026Paychex is an industry-leading human capital management company providing technology and advisory solutions spanning HR, payroll processing, employee benefits, and insurance. The company serves approximately 840,000 customers across the U.S. and parts of Europe, of which approximately 800,000 are payroll clients. Its AI-powered platform WISE, three proprietary SaaS HCM platforms, and deep compliance expertise differentiate it in a highly competitive and fragmented market.
Read filing description ↓ Collapse description ↑
We are an industry-leading human capital management ('HCM') company providing comprehensive technology and advisory solutions in human resources ('HR'), payroll processing, employee benefits, and insurance. As of May 31, 2026, we served approximately 840,000 total customers across the U.S. and parts of Europe, of which approximately 800,000 are payroll clients. Paychex was incorporated in Delaware in 1979, maintains dual corporate headquarters in Rochester, New York and Cincinnati, Ohio, and has a fiscal year that ends on May 31st. We specialize in helping customers succeed in this rapidly evolving environment. What sets us apart in the industry is our comprehensive suite of solutions, deep advisory expertise, and differentiated access to a large and growing proprietary dataset. Paychex offers a full range of integrated HCM solutions from hire to retire, for businesses and their employees, with configurable options designed to meet a wide range of business sizes and complexities. We believe our solutions address the entire employee life cycle, while also enabling integrations with popular HR, accounting, enterprise resource planning ('ERP'), and point-of-sale applications. Key features of our solutions include comprehensive cloud-based HCM platforms optimized to meet customers' HR and payroll needs; AI-powered capabilities through WISE, our workforce intelligence engine, which leverages our large proprietary datasets to help automate workflows, enhance decision making, and increase productivity across our solutions and operations; expertise in HR and payroll backed by approximately 250 compliance experts and over 650 HR business professionals; streamlined workforce management that combines technology with flexible, tech-enabled support options; modern, mobile, and intuitive user experience with self-service capabilities; and scalable and customizable platforms that provide customers the flexibility to add solutions as they grow. Over 60% of our revenue is derived from solutions other than payroll processing.
Primary products
- SurePayroll
- Paychex Flex
- Paycor
- Payroll solutions
- HR management
- Talent acquisition
Business segments
End markets
Geographies
“We believe the breadth of our solutions combined with advisory support from industry professionals differentiates our offerings from those of our competitors.” Competitive position, as stated in the filing
Revenue commentary · FY 2026
Total revenue increased to $6.5 billion for fiscal 2026, reflecting an increase of 17% compared to the prior year, with Paycor contributing approximately 12% to total revenue growth.
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