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Paychex posts 18% revenue growth in Q2 as AI investments drive efficiency
Paychex posts 18% revenue growth in Q2 as AI investments drive efficiency
Listen to this articlePaychex reported second-quarter revenue of nearly $1.6 billion, an 18% increase from the prior-year period.
Second-quarter net income totaled $395.4 million, down 4% from $413.4 million a year earlier. Diluted earnings per share declined 4% to $1.10, while adjusted diluted EPS rose 11% to $1.26.
“Progress on our strategic priorities, combined with disciplined cost management and productivity improvements — driven in part by expanding AI capabilities — continues to improve operating efficiency and deliver greater value to clients,” said John Gibson, president and CEO.
Gibson added that innovation remains central to Paychex’s strategy as the company accelerates the deployment of AI-powered workforce management technologies.
For fiscal 2026, Paychex now expects adjusted diluted earnings per share growth of 10% to 11%.
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