What is the primary revenue source for Paychex (PAYX)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze PAYX's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Paychex's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Paychex Makes Money: PAYX Revenue Breakdown (2027)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 100% of revenue, indicating concentration.

Operating margin improved by 2.79 percentage points year over year.

Revenue: USD 1.63B
Largest revenue segment share (Single Reportable): 100.00%
Income tax expense: USD 135.30M

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

Operating marginEarnings before interest and taxes · operating_income / revenue * 100
Largest revenue segment share (Single Reportable)Single Reportable · segment_value / revenue * 100
RevenueNet sales and operating revenues · Revenues
Income tax expenseIncome tax provision · IncomeTaxExpenseBenefit

Assets

Where is the money tied up, and how is the company financed?

Watch

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Goodwill accounts for 28.95% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 4.53B
Accounts receivable: USD 1.62B
Property, plant and equipment: USD 614.60M
Total liabilities: USD 11.96B
Shareholder equity: USD 3.71B

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

Accounts receivableNote receivable, short-term · AccountsNotesAndLoansReceivableNetCurrent
Shareholder equityTotal the campbell company's shareholders' equity · StockholdersEquity
Total liabilitiesTotal liabilities · Liabilities
Property, plant and equipmentProperty and equipment, net of accumulated depreciation of $2,361,254 and $2,217,485 as of august 31, 2026 and february 28, 2026, respectively · PropertyPlantAndEquipmentNet
GoodwillGoodwill · Goodwill

Cash

Did accounting profit ultimately turn into cash?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Net income: USD 429.70M

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

Net incomeNet earnings attributable to the campbell's company common shareholders - basic · NetIncomeLossAvailableToCommonStockholdersBasic

Some conclusions lack complete source metrics and should be interpreted cautiously.

Capital expenditure data is missing, so free cash flow cannot be calculated.

Shareholders

Did the money earned actually make its way back to shareholders?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Share repurchase data is missing, making net shareholder return incomplete.

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?