PAYX Q3 2022 Earnings — Paychex, Inc. Revenue & Financial Results | Market Cap Arena

PAYXPaychex, Inc.

$34B

Q3 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$1.3B+14.8% YoY

Gross Profit

$924M72.4% margin

Operating Income

$563M44.1% margin

Net Income

$431M33.8% margin

EPS (Diluted)

$1.19

QoQ Revenue Growth

+15.1%

Cash Flow

Operating Cash Flow

$613M

Free Cash Flow

$578M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$7.0B

Stockholders' Equity

$3.3B

Cash & Equivalents

$268M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+14.8%
Gross Profit	$924M	$783M	+17.9%
Operating Income	$563M	$469M	+20.1%
Net Income	$431M	$351M	+22.9%

Revenue Segments

Management Solutions

$960M76%

Peo And Insurance Solutions

$302M24%