PAYX Q1 2022 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

Q1 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$1.1B+16.2% YoY

Gross Profit

$770M71.1% margin

Operating Income

$443M40.9% margin

Net Income

$334M30.8% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$386M

Free Cash Flow

$355M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$6.3B

Stockholders' Equity

$3.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$932M	+16.2%
Gross Profit	$770M	$625M	+23.2%
Operating Income	$443M	$284M	+56.0%
Net Income	$334M	$212M	+57.7%

Revenue Segments

Management Solutions

$806M75%

Peo And Insurance Solutions

$263M25%