Paychex (PAYX) revenue breakdown
By product, Management Solutions is the largest at 77% of fiscal 2026 revenue; PEO and Insurance Solutions grew fastest, 15% a year over 9 years.
Revenue by product
Fiscal years, as Paychex reports them in its 10-K filings; fiscal 2026 total $6.3B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Management Solutions | $2.7B | $2.8B | $2.9B | $3.0B | $3.0B | $3.4B | $3.7B | $3.9B | $4.1B | $4.9B | 77% |
| PEO and Insurance Solutions | $422M | $556M | $814M | $991M | $974M | $1.1B | $1.2B | $1.3B | $1.3B | $1.4B | 23% |
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Where does Paychex make its money?
In fiscal 2026, by product: Management Solutions $4.9B, PEO and Insurance Solutions $1.4B.
From Paychex's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.