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Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...
Paychex Launches WISE Agentic AI Platform to Power a Digital Workforce Across HCM
Paychex has launched WISE, Workforce Intelligence Strengthened by Expertise, an agentic AI platform across Paychex Flex, Paycor, and SurePayroll. The system combines AI agents, embedded intelligence, assistants, and advisory support to auto
Company NewsPaychex Announces $1 Billion Stock Repurchase Authorization and Declares Quarterly Dividend
Paychex , Inc. (Nasdaq: PAYX), a leading provider of human capital management solutions, has announced a major capital return initiative, reinforcing its long-standing commitment to shareholder value. The company’s Board of Directors author
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Product NewsPaychex Launches AI Innovation Suite to Transform Workforce Management
Paychex announced a major expansion of its AI-driven capabilities, marking a transformative shift in how organizations manage their workforce. Leveraging one of the industry’s richest datasets, the company is accelerating its evolution from
Venture CapitalGusto to Acquire Guideline, Creating a Unified HR and Retirement Platform for Small Businesses
Gusto has announced an agreement to acquire Guideline , a leading retirement benefits platform serving over one million people and 65,000 small businesses. The deal, pending final approvals, aims to create a unified solution for payroll, HR
Company NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
Product NewsSymmetry Introduces Fast, Compliant I-9 Verification for Onboarding and Payroll Providers in Partnership with WorkBright
Symmetry has partnered with employment verification leader WorkBright to launch " Symmetry I-9 " a new solution designed to streamline and automate the I-9 employment verification process for onboarding and payroll providers. This collabora
Venture CapitalPaychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol
Company NewsPaychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April
Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent
Venture CapitalPaychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c
Company NewsPaycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex
Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr
Venture CapitalPaychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology
Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Product NewsPaychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities
Paychex has launched HR Analytics Premium Plus, an advanced solution integrating generative AI insights to empower SMBs with enterprise-level workforce analytics. This enhanced offering within the Paychex Flex platform combines benchmarking
ColumnPaychex, Inc. Reports Solid First Quarter Results
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th
Product NewsPaychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick
Company NewsPaychex Launches Digital Employee Benefits Marketplace
Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e
Product NewsPaychex Announces Employee Engagement Solution
Paychex, Inc. , has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engag
EarningsPaychex, Inc. Reports Fourth Quarter and Full Year 2024 Results
Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1) Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"
Venture CapitalChronus Acquires Imperative to Help Employers Tackle Missing Driver of Employee Engagement - A Sense of Purpose
Chronus , an employee development platform specializing in mentorship and ERG management, has acquired Imperative, a platform focused on employee engagement through meaningful 1:1 conversations. This acquisition aims to address employee eng
Company NewsPaychex Declares Quarterly Dividend and Authorizes $400 Million Stock Repurchase
ROCHESTER, N.Y. Paychex, Inc ., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today announced a quarterly dividend of $.89 per share pay
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
Venture CapitalExectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services
Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
Company NewsDHRmap Participates in the 76th SHRM Exhibition, Welcomed by Over 23,000 HR Professionals Worldwide!
[June 18, 2023, Las Vegas] - The world's leading innovative digital HR media service company, DHRmap, has successfully debuted at the 76th SHRM Annual Conference. This is the world's largest HR conference, and DHRmap exhibited alongside lea
WellbeingPaychex Charitable Foundation to Donate $1 Million to Mental Health America
ROCHESTER, N.Y. , March 22, 2023 -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Mental Health America
Company NewsPaychex Wins 2023 Stevie Award for ERTC Service
Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ® Awardfor the company’s Employee Retention Tax Credit (ER
ColumnNext Generation HCM: It May Be Closer Than You Think.
But in the meantime, I want to talk about a big topic: Next Gen HCM . What Is Next-Gen HCM? The Human Capital Management (HCM) market is a massive, business-critical market. Going back to the days of mainframe computers, applications like
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