Financial Performance - Total revenue for the second quarter of fiscal year 2026 reached $1,558 million, an 18% increase compared to $1,317 million in the second quarter of fiscal year 2025[8] - Adjusted operating income for the second quarter of fiscal year 2026 was $649 million, a 21% increase compared to $538 million in the second quarter of fiscal year 2025[8] - Adjusted diluted EPS for the second quarter of fiscal year 2026 was $1.26, an 11% increase compared to $1.14 in the second quarter of fiscal year 2025[8] - For the six months ended November 30, 2025, total revenue was $3,097.6 million, an 18% increase[35] - For the six months ended November 30, 2025, adjusted operating income was $1,275.7 million, an 18% increase[35] - For the six months ended November 30, 2025, adjusted diluted EPS was $2.48, an 8% increase[35] Revenue Drivers - Management Solutions revenue increased by 21% from $963 million to $1,166 million[11] - PEO & Insurance Solutions revenue increased by 6% from $318 million to $337 million[11] - Interest on Funds Held for Clients increased by 51% from $36 million to $54 million[11] Fiscal Year 2026 Outlook - The company anticipates total revenue growth of 16.5% - 18.5% year-over-year[33] - The company anticipates adjusted diluted EPS growth of 8.5% - 10.5% year-over-year[33]
Paychex(PAYX) - 2026 Q2 - Earnings Call Presentation