The Investor
19 Dec 2025, 21:41
Paychex reported strong second-quarter results for fiscal 2026, delivering double-digit revenue growth and raising its full-year earnings outlook as it accelerates the rollout of AI-powered workforce management solutions. Revenue rose 18% year over year to $1.56 billion for the quarter, driven primarily by a 21% increase in Management Solutions revenue, supported by the April 2025 acquisition of Paycor. Adjusted operating income increased 21% to $649.0 million, while adjusted diluted earnings per share grew 11% to $1.26. For the first six months of the fiscal year, total revenue climbed 18% to $3.10 billion, reflecting continued client growth, higher revenue per client, and increased interest income on funds held for clients.