AI English summary of an SEC filing — figures as filed
Paychex PAYXPaychex said total revenue for the first quarter ended August 31, 2025 was $1,540.0 million, up 17% from $1,318.5 million in the prior year period. The company said Paycor, acquired in April 2025, contributed approximately 17% to Management Solutions revenue growth year-over-year.
Key points
AI summaryPaychex said total revenue for the first quarter ended August 31, 2025 was $1,540.0 million, up 17% from $1,318.5 million in the prior year period. The company said Paycor, acquired in April 2025, contributed approximately 17% to Management Solutions revenue growth year-over-year.
Paychex said operating income for the first quarter was $541.9 million, down 1%, while adjusted operating income, which excludes $84.1 million of Paycor acquisition-related costs included in selling, general and administrative expenses, was $626.7 million, up 15%.
The company said diluted earnings per share for the first quarter was $1.06, down 10%, while adjusted diluted earnings per share was $1.22, up 5%. Paychex cited the issuance of incremental debt to finance the acquisition of Paycor as the primary factor for the increase in interest expense of $58.6 million to $68.2 million.
The company said cash flow from operations for the first quarter was $718.4 million, it paid dividends of $389.1 million and repurchased 1.1 million shares of common stock for $160.1 million. Paychex said it anticipates adjusted diluted earnings per share for fiscal 2026 to grow in the range of 9% to 11%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
First Quarter Total Revenue $1,540.0 million, Up 17%
Paychex said total revenue for the first quarter ended August 31, 2025 was $1,540.0 million, up 17% from $1,318.5 million in the prior year period. The company said Paycor, acquired in April 2025, contributed approximately 17% to Management Solutions revenue growth year-over-year.
Source · Based on the filing body and exhibits
Operating Income Down 1%, Adjusted Operating Income Up 15%
Paychex said operating income for the first quarter was $541.9 million, down 1%, while adjusted operating income, which excludes $84.1 million of Paycor acquisition-related costs included in selling, general and administrative expenses, was $626.7 million, up 15%.
Source · Based on the filing body and exhibits
Diluted EPS $1.06, Adjusted Diluted EPS $1.22
The company said diluted earnings per share for the first quarter was $1.06, down 10%, while adjusted diluted earnings per share was $1.22, up 5%. Paychex cited the issuance of incremental debt to finance the acquisition of Paycor as the primary factor for the increase in interest expense of $58.6 million to $68.2 million.
Source · Based on the filing body and exhibits
Operating Cash Flow, Shareholder Returns, and Fiscal 2026 Outlook
The company said cash flow from operations for the first quarter was $718.4 million, it paid dividends of $389.1 million and repurchased 1.1 million shares of common stock for $160.1 million. Paychex said it anticipates adjusted diluted earnings per share for fiscal 2026 to grow in the range of 9% to 11%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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