The Investor
29 Oct 2025, 14:00
ADP Reports Strong Q1 FY2026 Results with 7% Revenue Growth, Reaffirms Outlook
ADP (Nasdaq: ADP) posted first-quarter fiscal 2026 revenue of $5.2 billion, up 7% year over year, or 6% on an organic constant-currency basis. Net earnings rose 6% to $1.0 billion, while adjusted EBIT grew 7% to $1.3 billion, maintaining a 25.5% margin. Diluted and adjusted EPS both increased 7% to $2.49. Growth was driven by solid new business bookings, strong client retention, and a 13% rise in interest on client funds to $287 million. CEO Maria Black highlighted continued integration of AI into products and operations, while CFO Peter Hadley reaffirmed the company’s full-year outlook for 5–6% revenue growth and 8–10% adjusted EPS growth.
ADP (Nasdaq: ADP) posted first-quarter fiscal 2026 revenue of $5.2 billion, up 7% year over year, or 6% on an organic constant-currency basis. Net earnings rose 6% to $1.0 billion, while adjusted EBIT grew 7% to $1.3 billion, maintaining a 25.5% margin. Diluted and adjusted EPS both increased 7% to $2.49. Growth was driven by solid new business bookings, strong client retention, and a 13% rise in interest on client funds to $287 million. CEO Maria Black highlighted continued integration of AI into products and operations, while CFO Peter Hadley reaffirmed the company’s full-year outlook for 5–6% revenue growth and 8–10% adjusted EPS growth.