# Paychex, Inc. (PAYX) FY2027 Q1 P&L / Income Statement

- Company: Paychex, Inc. (PAYX)
- Period: 2026-06-01 to 2026-08-31
- Filing: Q1 FY2027 10-Q, filed 2026-09-24, accession number 0000723531-26-000006
- Page: https://plicit.ai/financials/payx/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/payx-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-06-01 through 2026-08-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 1,630,500,000 US dollars
- **Cost of service revenue**: 430,100,000 US dollars
- **Gross profit (calculated)**: 1,200,400,000 US dollars
- **Operating expenses (calculated)**: 581,200,000 US dollars
- **Operating income**: 619,200,000 US dollars
- **Other income (expense), net (calculated)**: negative 54,200,000 US dollars
- **Income before income taxes**: 565,000,000 US dollars
- **Income taxes**: 135,300,000 US dollars
- **Net income**: 429,700,000 US dollars
- **Interest on funds held for clients**: 49,800,000 US dollars
- **Management Solutions**: 1,213,100,000 US dollars
- **PEO and Insurance Solutions**: 367,600,000 US dollars
- **Selling, general and administrative expenses**: 581,200,000 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.