Paychex (PAYX) Revenue — Quarter Ended Feb 28, 2026
Revenue increased during the quarter. The growth rate decelerated slightly compared to the prior quarter but remained above the level reported a year earlier.
Key takeaway
Quarter ended Feb 28, 2026 · FY2026 Q3
Revenue increased during the quarter. The growth rate decelerated slightly compared to the prior quarter but remained above the level reported a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+16.6%
Change from the immediately preceding quarter.
Year-over-year
+19.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
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 |
|---|---|---|
| May 31, 2025 | $1.4B | +10.0% |
| Aug 31, 2025 | $1.5B | +16.5% |
| Nov 30, 2025 | $1.5B | +17.4% |
| Feb 28, 2026 | $1.8B | +19.5% |
Revenue performance
The upward trajectory continued from the previous quarter, though the sequential pace of growth narrowed. Compared with the same quarter a year ago, the expansion was notably stronger.
Quarterly comparison
When measured against the immediately preceding quarter, the reported revenue grew at a slower rate. Relative to the comparable quarter one year earlier, the increase was more pronounced.
What to watch
The filing notes that a portion of available-for-sale securities were in an unrealized loss position, which may warrant attention.