TTM
$4.84B
YoY change
+20.0%
5Y CAGR
+11.7%
Peak year (FY2026)
$4.84B
Cumulative gross profit
$56.5B
Gross Profit history chart for Paychex (PAYX) from 2017 to 2026
Latest: $4.84B
Gross Profit growth chart for Paychex (PAYX) from 2017 to 2026
Latest: +20.0%
Gross Profit history table for Paychex (PAYX) from 1986 to 2026
| FY2026 | $4.84B | +20.0% | +$806M | ||
| FY2025 | $4.03B | +6.1% | +$232M | ||
| FY2024 | $3.8B | +6.9% | +$245M | ||
| FY2023 | $3.55B | +9.2% | +$299M | ||
| FY2022 | $3.26B | +16.9% | +$470M | ||
| FY2021 | $2.79B | +0.9% | +$25.9M | ||
| FY2020 | $2.76B | +6.4% | +$165M | ||
| FY2019 | $2.59B | +9.8% | +$232M | ||
| FY2018 | $2.36B | +5.9% | +$131M | ||
| FY2017 | $2.23B | +6.5% | +$137M | ||
| FY2016 | $2.09B | +8.4% | +$163M | ||
| FY2015 | $1.93B | +8.1% | +$145M | ||
| FY2014 | $1.79B | +7.9% | +$132M | ||
| FY2013 | $1.65B | +6.8% | +$106M | ||
| FY2012 | $1.55B | +8.3% | +$118M | ||
| FY2011 | $1.43B | +6.2% | +$83.5M | ||
| FY2010 | $1.35B | -3.9% | -$55M | ||
| FY2009 | $1.4B | -0.2% | -$3.35M | ||
| FY2008 | $1.41B | +10.5% | +$134M | ||
| FY2007 | $1.27B | +14.1% | +$157M | ||
| FY2006 | $1.11B | -0.1% | -$1.3M | ||
| FY2005 | $1.12B | +12.6% | +$125M | ||
| FY2004 | $991M | +25.7% | +$203M | ||
| FY2003 | $788M | +7.4% | +$54.2M | ||
| FY2002 | $734M | +9.7% | +$64.7M | ||
| FY2001 | $670M | +13.3% | +$78.4M | ||
| FY2000 | $591M | +23.6% | +$113M | ||
| FY1999 | $478M | +22.9% | +$89M | ||
| FY1998 | $389M | +27.1% | +$83.1M | ||
| FY1997 | $306M | +26.3% | +$63.7M | ||
| FY1996 | $242M | +21.4% | +$42.8M | ||
| FY1995 | $200M | +19.4% | +$32.4M | ||
| FY1994 | $167M | +19.4% | +$27.2M | ||
| FY1993 | $140M | +18.7% | +$22.1M | ||
| FY1992 | $118M | +23.5% | +$22.4M | ||
| FY1991 | $95.5M | +15.8% | +$13M | ||
| FY1990 | $82.5M | +15.2% | +$10.9M | ||
| FY1989 | $71.6M | +38.0% | +$19.7M | ||
| FY1988 | $51.9M | +13.8% | +$6.3M | ||
| FY1987 | $45.6M | +28.5% | +$10.1M | ||
| FY1986 | $35.5M | — | — |
- FY2026$4.84B+20.0%
- FY2025$4.03B+6.1%
- FY2024$3.8B+6.9%
- FY2023$3.55B+9.2%
- FY2022$3.26B+16.9%
- FY2021$2.79B+0.9%
- FY2020$2.76B+6.4%
- FY2019$2.59B+9.8%
- FY2018$2.36B+5.9%
- FY2017$2.23B+6.5%
- FY2016$2.09B+8.4%
- FY2015$1.93B+8.1%
- FY2014$1.79B+7.9%
- FY2013$1.65B+6.8%
- FY2012$1.55B+8.3%
- FY2011$1.43B+6.2%
- FY2010$1.35B-3.9%
- FY2009$1.4B-0.2%
- FY2008$1.41B+10.5%
- FY2007$1.27B+14.1%
- FY2006$1.11B-0.1%
- FY2005$1.12B+12.6%
- FY2004$991M+25.7%
- FY2003$788M+7.4%
- FY2002$734M+9.7%
- FY2001$670M+13.3%
- FY2000$591M+23.6%
- FY1999$478M+22.9%
- FY1998$389M+27.1%
- FY1997$306M+26.3%
- FY1996$242M+21.4%
- FY1995$200M+19.4%
- FY1994$167M+19.4%
- FY1993$140M+18.7%
- FY1992$118M+23.5%
- FY1991$95.5M+15.8%
- FY1990$82.5M+15.2%
- FY1989$71.6M+38.0%
- FY1988$51.9M+13.8%
- FY1987$45.6M+28.5%
- FY1986$35.5M—
Gross Profit values are taken from Paychex's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current gross profit (TTM) is $4.84B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Paychex (PAYX) most recent annual gross profit stands at $4.84B (2026) – grew 20.0% year-over-year.
Paychex gross profit compound annual growth for the 2021–2026 (5 years) window is +11.7%, sustaining 16 straight years of year-over-year growth.
2026 marks the peak gross profit at $4.84B, with the historical low of $35.5M recorded in 1986.
Paychex Gross Profit by Year
Paychex Gross Profit 2026: $4.84B
2026's gross profit for Paychex came in at $4.84B, grew 20.0% from 2025. This figure represents the highest annual value in the available history.
Paychex Gross Profit 2025: $4.03B
Paychex posted gross profit of $4.03B in 2025, grew 6.1% from 2024.
Paychex Gross Profit 2024: $3.8B
In 2024, Paychex reported gross profit of $3.8B, grew 6.9% from 2023.
Paychex Gross Profit 2023: $3.55B
Paychex gross profit in 2023 was $3.55B, grew 9.2% from 2022.
Paychex Gross Profit 2022: $3.26B
Paychex gross profit in 2022 was $3.26B.
See more financial history for Paychex (PAYX).
Sector peers by Gross Profit
Industrials peers of Paychex (PAYX), ranked by their latest gross profit
| $21.9B | |
| $17.8B | |
| $16.9B | |
| $16.3B | |
| $14.6B | |
| $10.3B | |
| $9.22B | |
| $4.29B |
- $21.9B
- $17.8B
- $16.9B
- $16.3B
- $14.6B
- $10.3B
- $9.22B
- $4.29B
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- Buybacks1.67% TTM
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- Stock Split History10 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.