Automatic Data Processing (ADP) Revenue — Quarter Ended Dec 31, 2024
Total revenues advanced relative to the prior quarter, extending the sequential improvement observed in the trailing four periods. Year-over-year growth also accelerated from the previous quarter's pace.
Key takeaway
Quarter ended Dec 31, 2024 · FY2025 Q2
Total revenues advanced relative to the prior quarter, extending the sequential improvement observed in the trailing four periods. Year-over-year growth also accelerated from the previous quarter's pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.5%
Change from the immediately preceding quarter.
Year-over-year
+8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $5.3B | +6.6% |
| Jun 30, 2024 | $4.8B | +6.5% |
| Sep 30, 2024 | $4.8B | +7.1% |
| Dec 31, 2024 | $5B | +8.1% |
Revenue performance
Revenue for the quarter rose both sequentially and compared with the same period one year earlier, driven by increases across all major revenue lines.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Versus the same quarter one year ago, revenue was higher, and the year-over-year growth rate was stronger than in the prior quarter.
What to watch
Monitor whether the pace of revenue growth can be sustained given the sequential and year-over-year comparisons have both turned positive.