# Paychex, Inc. (PAYX) FY2026 Q1 P&L / Income Statement

- Company: Paychex, Inc. (PAYX)
- Period: 2025-06-01 to 2025-08-31
- Filing: Q1 FY2026 10-Q, filed 2025-09-30, accession number 0001193125-25-224997
- Page: https://plicit.ai/financials/payx/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/payx-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-06-01 through 2025-08-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 1,540,000,000 US dollars
- **Cost of service revenue**: 413,800,000 US dollars
- **Gross profit (calculated)**: 1,126,200,000 US dollars
- **Operating expenses (calculated)**: 584,300,000 US dollars
- **Operating income**: 541,900,000 US dollars
- **Other income (expense), net (calculated)**: negative 44,400,000 US dollars
- **Income before income taxes**: 497,500,000 US dollars
- **Income taxes**: 113,700,000 US dollars
- **Net income**: 383,800,000 US dollars
- **Interest on funds held for clients**: 47,600,000 US dollars
- **Management Solutions**: 1,163,300,000 US dollars
- **PEO and Insurance Solutions**: 329,100,000 US dollars
- **Selling, general and administrative expenses**: 584,300,000 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.