19.9%$1.81
Strong Revenue Growth
PAYX achieved a 19.9% increase in revenue, reaching $1.81 billion, primarily driven by higher demand for its services.
Source: Source: 10-Q Income Statement, p.1
AI Takeaway
PAYX reported strong revenue growth of 19.9% in Q3 FY2026, driven by increased demand, but faced margin pressure due to rising SG&A expenses.
Revenue
$1.81B
++19.87% YoY
EPS (Basic)
$1.56
++8.33% YoY
Operating Income
$792M
++14.48% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-Q filing
PAYX achieved a 19.9% increase in revenue, reaching $1.81 billion, primarily driven by higher demand for its services.
Source: Source: 10-Q Income Statement, p.1
SG&A expenses rose by 36.3% to $585.7 million, impacting operating margins.
Source: Source: 10-Q Income Statement, p.1
Total assets increased by 56.1% while total liabilities grew by 90%, indicating significant balance sheet expansion.
Source: Source: 10-Q Balance Sheet, p.2
The company's debt to equity ratio is 3.36, indicating a high level of leverage which could pose risks if interest rates rise or cash flows decrease.
Source: Source: 10-Q Balance Sheet, p.2
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Upgrade to unlockReported EPS of $1.71 versus the $1.71 analyst consensus — a +0.3% beat for Q3 FY2026.
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $1.81B | $1.51B | +19.87% |
Cost of Revenue | $431.2M | $387.4M | +11.31% |
Operating Income | $792M | $691.8M | +14.48% |
Net Income | $560.3M | $519.3M | +7.90% |
EPS (Basic) | $1.56 | $1.44 | +8.33% |
EPS (Diluted) | $1.56 | $1.43 | +9.09% |
SG&A Expense | $585.7M | $429.8M | +36.27% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $17.51B | $11.22B | +56.05% |
Current Assets | $9.93B | $8.08B | +22.92% |
Total Liabilities | $13.5B | $7.11B | +89.98% |
Current Liabilities | $7.88B | $5.8B | +35.85% |
Stockholders' Equity | $4.01B | $4.12B | -2.50% |
Cash & Equivalents | $1.74B | $1.56B | +11.43% |
Long-Term Debt | $4.95B | — | — |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash FlowYTD | $1.98B | $1.56B | +26.89% |
Investing Cash FlowYTD | $-925M | $-281.7M | -228.36% |
Financing Cash FlowYTD | $-862.5M | $-779.1M | -10.70% |
Share BuybacksYTD | $361.6M | $104.5M | +246.03% |
D&AYTD | $329.4M | $123.8M | +166.07% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Margin | 43.8% | 45.8% | -2.06% |
Net Margin | 31.0% | — | — |
ROE | 14.0% | — | — |
ROA | 3.2% | — | — |
Current Ratio | $1.26 | — | — |
Debt to Equity | $3.363 | — | — |
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The filing does not provide information on earnings estimates, but PAYX reported a 19.9% increase in revenue and an 8.3% increase in EPS.
Key takeaways include a 19.9% revenue growth, increased SG&A expenses impacting margins, and a significant rise in total liabilities by 90%.
PAYX faces risks from high debt levels, margin pressure due to rising expenses, and a decrease in stockholders' equity.
PAYX's revenue grew by 19.9% to $1.81 billion, driven by increased demand for its services.
PAYX shows strong revenue growth and increased operating cash flow, but faces challenges with high debt levels and margin pressure.