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Annual Revenue ($)

Paychex revenue was $4.04 b in FY, 2020

Quarterly Revenue ($)

FY, 2017FY, 2018FY, 2019FY, 2020
Revenue$3.15 b$3.38 b$3.77 b$4.04 b
Growth7.00%7.29%11.58%
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021
Revenue$803.1 m$812.5 m$866.5 m$862.8 m$858.9 m$1.07 b$992 m$990.7 m$1.14 b$932.2 m$983.7 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Paychex revenue breakdown by business segment: 76.3% from Management Solutions, 21.6% from PEO and Insurance Services and 2.1% from Other

FY, 2019FY, 2018FY, 2017
Payroll Service$1.81 b$1.78 b
HRS$1.51 b$1.32 b
Interest on Funds Held for Clients$80.6 m$63.5 m$50.6 m
Management Solutions$2.88 b
PEO and Insurance Services$814.2 m

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