PAYX Q2 2022 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

Q2 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$1.1B+12.7% YoY

Gross Profit

$777M70.1% margin

Operating Income

$440M39.7% margin

Net Income

$332M30.0% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$170M

Free Cash Flow

$136M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$6.6B

Stockholders' Equity

$3.1B

Cash & Equivalents

$636M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$984M	+12.7%
Gross Profit	$777M	$664M	+17.0%
Operating Income	$440M	$354M	+24.3%
Net Income	$332M	$272M	+21.9%

Revenue Segments

Management Solutions

$832M76%

Peo And Insurance Solutions

$262M24%