# Paychex, Inc. (PAYX) FY2025 Annual P&L / Income Statement

- Company: Paychex, Inc. (PAYX)
- Period: 2024-06-01 to 2025-05-31
- Filing: FY2025 10-K, filed 2025-07-11, accession number 0000950170-25-095300
- Page: https://plicit.ai/financials/payx/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/payx-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-06-01 through 2025-05-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 5,571,700,000 US dollars
- **Cost of service revenue**: 1,540,400,000 US dollars
- **Gross profit (calculated)**: 4,031,300,000 US dollars
- **Operating expenses (calculated)**: 1,823,600,000 US dollars
- **Operating income**: 2,207,700,000 US dollars
- **Other income (expense), net (calculated)**: negative 31,800,000 US dollars
- **Income before income taxes**: 2,175,900,000 US dollars
- **Income taxes**: 518,600,000 US dollars
- **Net income**: 1,657,300,000 US dollars
- **Interest on funds held for clients**: 161,700,000 US dollars
- **Management Solutions**: 4,067,100,000 US dollars
- **PEO And Insurance Solutions**: 1,342,900,000 US dollars
- **Selling, general and administrative expenses**: 1,823,600,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.