Paychex, Inc. reported third quarter fiscal 2026 results for the three months ended February 28, 2026, with total revenue of $1,808.9 million up 20% and operating income of $792.0 million up 14% year-over-year, driven by the Paycor acquisition and organic growth. Adjusted diluted EPS rose 15% to $1.71, with over $1.5 billion returned to shareholders fiscal year-to-date.
Key takeaways
Total revenue $1,808.9 million for Q3 FY2026, up 20% YoY
Operating income $792.0 million for Q3 FY2026, up 14% YoY
Adjusted diluted EPS $1.71 for Q3 FY2026, up 15% YoY
Returned $1.5 billion to shareholders YTD via $1.2 billion dividends ($3.24 per share) and $361.6 million share repurchases (2.9 million shares)
Cash flow from operations $2.0 billion for nine months ended February 28, 2026
FY2026 guidance for interest on funds held for clients updated to $200-210 million