Paychex (PAYX) Q4 2025 Earnings Call Transcript
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Paychex, Inc. (NASDAQ:PAYX) consolidated platforms and sales organizations to target distinct market segments with the Flex, Paycor, and SurePayroll offerings. Management projected top-line expansion for FY2026, driven primarily by the Paycor addition and cross-selling opportunities. Despite softness at the micro-client level in Q4 and ongoing PEO revenue headwinds in Florida, overall client retention improved, and the firm maintained industry-leading adjusted operating margins. Full-year operating cash flow supported continued investments in innovation and new partner programs targeting accountants and brokers. FY2026 guidance anticipates continued revenue synergy momentum and margin expansion, while assuming ongoing macroeconomic uncertainty.
Source Fool.com
Paychex Inc. Aktie
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