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PAYX
Paychex Inc.Stock · IndustrialsNasdaq-100 0.2% · S&P 500 0.1%
$113.57+$2.91 (+2.63%)as of market close, Jul 24, 2026
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How Paychex makes money

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How does Paychex make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Paychex Inc. · FY2026 · year ended 2026-05-31
Revenue$6.3BGross profit$4.6B · 73%Cost of revenue$1.7B · 27%Operating income$2.5B · 40%Operating expenses$2.1B · 34%Other opex$2.1B · 34%Pre-tax income$2.3B · 37%Other expense$200M · 3%Net income$1.8B · 28%Income tax$551M · 9%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.