The HRTech Wire

Paychex Q1 FY2027: Revenue Up 6% to $1.63B, Net Income Up 12%

Paychex reported first-quarter fiscal 2027 results (quarter ended Aug 31, 2026): total revenue of $1.63 billion, up 6% year-over-year, with net income up 12% to $429.7M and adjusted diluted EPS of $1.34 (+10%). Management Solutions grew 4% to $1,213.1M and PEO & Insurance Solutions grew 12% to $367.6M. The company reaffirmed FY2027 guidance of 5-6% revenue growth and 7-9% adjusted EPS growth. CEO John Gibson cited AI momentum, including the newly launched WISE Hire agentic recruiting solution. (Source: GlobeNewswire / Paychex)

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Paychex

Paychex provides HCM technology and advisory services spanning payroll, HR, benefits, insurance, retirement, and HR outsourcing.