Paychex Inc Stock Price, News & Analysis

Paychex (NASDAQ:PAYX) reported that U.S. small business employment and wages were steady in 2025 according to the Paychex Small Business Employment Watch. The Small Business Jobs Index averaged 99.67 for 2025 and closed December at 99.26. Hourly earnings growth averaged 2.74% for the year and was 2.71% in December, remaining below 3% for the 17th consecutive month.

Weekly hours worked rose 0.25%, the highest since May 2021. Indiana and Education and Health Services led states and sectors, respectively.

Paychex (Nasdaq: PAYX) reported fiscal Q2 results for the quarter ended Nov 30, 2025 with total revenue $1.56B, up 18% YoY, and adjusted operating income $649.0M, up 21% YoY. GAAP diluted EPS was $1.10 (down 4%) and adjusted diluted EPS was $1.26 (up 11%). The company cited the April 2025 acquisition of Paycor contributing ~17% to Management Solutions growth and higher investment income. Cash, restricted cash, and investments totaled $1.6B; net borrowings were $5.0B. Paychex raised fiscal 2026 adjusted diluted EPS growth guidance to 10%–11%.

Paychex (Nasdaq: PAYX) published its annual list of top regulatory and compliance trends to watch in 2026, covering retirement, taxes, AI laws, and employment law.

Key items include the SECURE Act 2.0 change that will replace the Saver’s Credit with a direct Saver’s Match in 2027 requiring plan amendments; provisions in the 2025 Tax Law affecting business deductions and employee tip/overtime reporting; a recent executive order coordinating federal infrastructure on AI laws that may affect numerous state statutes; and evolving paid leave and worker classification rules effective January 1, 2026.

Paychex will host a webinar on January 14, 2026 to review these topics.

Paychex (Nasdaq: PAYX) announced a suite of AI-driven HCM innovations on December 8, 2025 designed to move its platforms to an AI-first model across Paychex Flex, Paycor, and SurePayroll. Key advances include deployed agentic AI that processed thousands of client payrolls with near 100% accuracy, a patent-pending AI knowledge mesh for extracting insights from unstructured data, and new GenAI platforms for employment law, sales, and service. Paychex cited prior AI Assistants that have answered millions of client inquiries, positioning these tools to boost efficiency, personalized recommendations, and client support.

Paychex (Nasdaq: PAYX) will release its fiscal 2026 second quarter results for the period ended November 30, 2025 on Friday, December 19, 2025 before the market opens. The company will host a conference call at 9:30 a.m. ET the same day to discuss results, with John Gibson, President and CEO, and Bob Schrader, CFO, participating.

The call will be webcast live and available for replay on the Paychex Investor Relations portal.

Paychex (NASDAQ:PAYX) reported the Paychex Small Business Employment Watch for November 2025 showing a modest rise in small business hiring and steady wage growth. The national Small Business Jobs Index increased to 99.38 (+0.11 points month-over-month, -0.53 points year-over-year). National hourly earnings growth edged to 2.66%, remaining below 3% for the 16th straight month. The Midwest led regions (99.79); Indiana (101.22) led states; Phoenix (100.34) led metros; Education and Health Services topped industries (100.64).

The report covers payrolls of Paychex customers with fewer than 50 employees and provides interactive historical data and monthly alerts.

Paychex (Nasdaq: PAYX) introduced Participant Event Notifications, an AI-driven advisor tool that sends real-time alerts in the Paychex Flex Advisor Console when retirement plan participants hit key milestones or experience work/life events. The solution uses payroll and plan-level data to notify advisors when participants reach age/status thresholds, change employment or retirement status, or are newly eligible but unenrolled.

Paychex says the feature is provided at no additional charge and complements a refreshed Advisor Console, enhanced participant portal, integration with 100+ payroll providers, and its position as recordkeeper for 124,000 plans.

Paychex (Nasdaq: PAYX) announced that its Paychex Flex and Paycor platforms were named Leaders in NelsonHall’s 2025 “HCM Technology and GenAI” NEAT evaluation for the SMB market. NelsonHall assessed 12 HCM platforms on two criteria: ability to deliver immediate client benefit and ability to meet future client requirements; both Paychex platforms were placed in the upper-right quadrant of the NEAT matrix.

The release highlights recent product advances including AI-driven analytics and automation, Paychex Engage generative AI workflows, Paychex Flex Perks, AI recruiting tools, and partner tools like Paychex Partner Pro and Partner+ Program.

Paychex (NASDAQ:PAYX) reported October small business payroll trends from its Small Business Employment Watch covering firms with fewer than 50 employees. The national Small Business Jobs Index stood at 99.27. Hourly earnings growth slowed slightly to 2.58%, remaining below 3% for the 15th consecutive month. Weekly hours worked rose, with monthly growth of 0.44%—the strongest since April 2021—lifting weekly earnings growth to 2.94%, the highest since January 2024.