Automatic Data Processing (ADP) Revenue — Quarter Ended Mar 31, 2025
Total revenue increased for the quarter, with both core service revenue and PEO revenue contributing to the gain. The company's top line has grown in each of the last four quarters.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q3
Total revenue increased for the quarter, with both core service revenue and PEO revenue contributing to the gain. The company's top line has grown in each of the last four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.6B
Revenue reported for this quarter.
Quarter-over-quarter
+10.0%
Change from the immediately preceding quarter.
Year-over-year
+5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.2B
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 |
|---|---|---|
| Jun 30, 2024 | $4.8B | +6.5% |
| Sep 30, 2024 | $4.8B | +7.1% |
| Dec 31, 2024 | $5B | +8.1% |
| Mar 31, 2025 | $5.6B | +5.7% |
Revenue performance
Revenue rose from the prior quarter and from the same quarter a year ago, with increases in both service and PEO revenues.
Quarterly comparison
The sequential increase was the latest in a series of positive quarterly comparisons, and the year-over-year gain matched the pattern of growth seen in earlier periods.
What to watch
Interest on funds held for clients continued to rise, warranting attention in future quarters.