Paychex Q1 2026 Form 10-Q Report

These sources provide an overview of Paychex's financial performance for the first quarter of fiscal year 2026, primarily through a press release and the accompanying earnings call transcript and SEC Form 10-Q excerpts. The reports detail a strong start to the fiscal year with total revenue increasing by 17% due to growth in both Management Solutions and PEO and Insurance Solutions, significantly benefiting from the recent Paycor acquisition. Although GAAP operating income slightly decreased, adjusted operating income rose by 15%, and adjusted diluted earnings per share increased by 5%, leading Paychex to raise its full-year earnings outlook. Discussions during the earnings call highlight the successful integration of Paycor, the expansion of AI-driven solutions, and the overall resilience of the small business market.

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