Paychex Inc

PAYX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Paychex Earnings: Small Businesses Appear Resilient as Paychex Continues to Execute

Alex Medow

Sep 30, 2025

Paychex reported first-quarter fiscal 2026 results characterized by revenue growth of 17% and adjusted operating income growth of 15% year over year. Despite reaffirming full-year revenue guidance and increasing adjusted earnings expectations by 50 basis points, shares have fallen 5% on the print.

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Paychex Inc

Paychex Earnings: Small Businesses Appear Resilient as Paychex Continues to Execute

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