Revenue for Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current revenue (TTM) is $6.33B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PAYX
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TTM (last 4 quarters)
$6.33B
YoY change
+5.6%
5Y CAGR
+6.6%
Peak year (2025)
$5.57B
Cumulative revenue
$74.40B
Revenue history chart for Paychex (PAYX) from 1986 to 2025
Revenue history table for Paychex (PAYX) from 1986 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $5.57B | +5.6% | ||
| 2024 | $5.28B | +5.4% | ||
| 2023 | $5.01B | +8.6% | ||
| 2022 | $4.61B | +13.7% | ||
| 2021 | $4.06B | +0.4% | ||
| 2020 | $4.04B | +7.1% | ||
| 2019 | $3.77B | +11.6% | ||
| 2018 | $3.38B | +7.3% | ||
| 2017 | $3.15B | +6.8% | ||
| 2016 | $2.95B | +7.7% | ||
| 2015 | $2.74B | +8.8% | ||
| 2014 | $2.52B | +8.3% | ||
| 2013 | $2.33B | +4.3% | ||
| 2012 | $2.23B | +7.0% | ||
| 2011 | $2.08B | +4.2% | ||
| 2010 | $2.00B | -3.9% | ||
| 2009 | $2.08B | +0.8% | ||
| 2008 | $2.07B | +9.5% | ||
| 2007 | $1.89B | +12.7% | ||
| 2006 | $1.67B | +15.9% | ||
| 2005 | $1.45B | +11.7% | ||
| 2004 | $1.29B | +23.7% | ||
| 2003 | $1.05B | +9.5% | ||
| 2002 | $954.91M | +9.8% | ||
| 2001 | $869.86M | +19.5% | ||
| 2000 | $728.12M | -38.1% | ||
| 1999 | $1.18B | +18.3% | ||
| 1998 | $993.40M | +35.2% | ||
| 1997 | $734.70M | +125.9% | ||
| 1996 | $325.30M | +21.7% | ||
| 1995 | $267.20M | +19.2% | ||
| 1994 | $224.10M | +17.9% | ||
| 1993 | $190.00M | +17.8% | ||
| 1992 | $161.30M | +17.7% | ||
| 1991 | $137.10M | +14.1% | ||
| 1990 | $120.20M | +18.8% | ||
| 1989 | $101.20M | +27.5% | ||
| 1988 | $79.40M | +24.3% | ||
| 1987 | $63.90M | +26.0% | ||
| 1986 | $50.70M | — |
Revenue values are taken from Paychex's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Paychex (PAYX) reported revenue of $5.57B – grew 5.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Paychex revenue compounded at +6.6% per year, sustaining 15 straight years of year-over-year growth.
The highest annual revenue of $5.57B was reported in 2025. The lowest in the available history was $50.70M in 1986.
Paychex (PAYX) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $45.26B.
Paychex Revenue by Year
Paychex Revenue 2025: $5.57B
Paychex revenue in 2025 was $5.57B, grew 5.6% from 2024. This figure represents the highest annual value in the available history.
Paychex Revenue 2024: $5.28B
Paychex revenue in 2024 was $5.28B, grew 5.4% from 2023.
Paychex Revenue 2023: $5.01B
Paychex revenue in 2023 was $5.01B, grew 8.6% from 2022.
Paychex Revenue 2022: $4.61B
Paychex revenue in 2022 was $4.61B, grew 13.7% from 2021.
Paychex Revenue 2021: $4.06B
Paychex revenue in 2021 was $4.06B.
See more financial history for Paychex (PAYX).
Sector peers — Revenue
Companies in the same sector as Paychex, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| The Boeing Company (BA) | $89.46B | Industrials |
| RTX Corporation (RTX) | $88.60B | Industrials |
| Caterpillar Inc. (CAT) | $67.59B | Industrials |
| GE Aerospace (GE) | $45.85B | Industrials |
| Deere & Company (DE) | $44.66B | Industrials |
| Honeywell International Inc. (HON) | $37.44B | Industrials |
| Eaton Corporation plc (ETN) | $27.45B | Industrials |
| Union Pacific Corporation (UNP) | $24.51B | Industrials |
Frequently asked questions
What is Paychex's revenue?
- Latest reported revenue for Paychex (PAYX) is $6.33B (period ending February 28, 2026).
How has Paychex revenue changed year-over-year?
- Paychex (PAYX) revenue changed +5.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Paychex revenue?
- Paychex (PAYX) revenue compound annual growth rate is +6.6% over the most recent 5 years available.
When did Paychex revenue hit its highest annual value?
- Paychex revenue reached its highest annual value of $5.57B in 2025.
What was Paychex revenue in 2024?
- Paychex (PAYX) revenue in 2024 was $5.28B.
What was Paychex revenue in 2025?
- Paychex (PAYX) revenue in 2025 was $5.57B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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