PAYCHEX INC

The Paychex Small Business Employment Watch for July 2026 reported steady U.S. small business job growth, with the jobs index at 99.23, slightly above the first-half average. A notable trend was the 0.40% growth in weekly hours worked, reaching its highest level in over five years. This contributed to weekly earnings growth rising to 3.14%, the strongest since December 2023. Manufacturing led all sectors in job growth for the month.

Paychex announced its AI-powered intelligence engine, WISE, is now available within Microsoft 365 Copilot and Teams. This integration expands Paychex's channel-agnostic ecosystem strategy, bringing trusted workforce insights, guidance, and actions directly into tools businesses use daily. The collaboration aims to make Human Capital Management (HCM) a more seamless part of business operations. Paychex is also expanding its WISE Integration Program to additional technology partners.

Paychex, Inc. announced that Kara Wilson will not seek re-election to the Board of Directors at the upcoming 2026 Annual Meeting. Following her decision, the Board has opted to reduce its size from 11 to 10 directors, effective upon the expiration of Ms. Wilson's term. The company clarified that her departure was not a result of any disagreement regarding the company's operations, policies, or practices.

Paychex, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $1.19 per share on its common stock. This dividend is scheduled to be paid on August 28, 2026, to shareholders who are on record as of July 28, 2026.

Paychex reported strong financial results for the fourth quarter and full fiscal year ended May 31, 2026. Fourth-quarter total revenue increased 12% to $1.61 billion, with diluted EPS up 43% to $1.17. For the full fiscal year, total revenue grew 17% to $6.51 billion, and adjusted diluted EPS increased 11% to $5.51. The company also highlighted the successful integration of Paycor, the launch of its AI-powered WISE Workforce Intelligence Engine, and returned $2.2 billion to shareholders.

Paychex, Inc. has been recognized by Newsweek as one of America's Most Trustworthy Companies and America's Greatest Workplaces for 2026. The "Most Trustworthy" award is based on an independent survey assessing customer, investor, and employee trust, while "America's Greatest Workplaces" is derived from a nationwide survey of employee reviews. This recognition highlights Paychex's strong workplace culture, commitment to its employees, and ethical business practices. The company's dedication to responsible practices is further reinforced by its 18th consecutive inclusion in Ethisphere’s World’s Most Ethical Companies.

Paychex has been recognized on TIME and Statista's inaugural list of America's Top WorkTech Companies 2026, highlighting its leadership in human capital management (HCM) solutions. The company was lauded for its impactful and financially strong position, driven by its commitment to innovation and AI-powered solutions. Paychex is transforming HCM with intelligence and expertise infused across the lifecycle, including its WISE solution and recent AI innovations in Paychex Flex®, Paycor®, and SurePayroll.

Paychex, Inc. announced it will release its financial results for the fiscal 2026 fourth quarter and full-year, which ended May 31, 2026, on Wednesday, June 24, 2026, before the financial markets open. The company will host a conference call at 9:30 a.m. ET on the same day to discuss these results. President and CEO John Gibson, along with CFO Bob Schrader, will participate in the call, which will be webcast live and available for replay.

The Paychex Small Business Jobs Index improved for the third consecutive month in May, reaching 99.34, its highest level in 2026. This indicates durable labor market strength among U.S. small businesses. Weekly earnings growth increased for the fifth consecutive month to 2.98%, while weekly hours worked also saw positive growth for the third month. Most states and metros analyzed reported an increase in small business job growth.