Cost of revenue · 2017–2025
Paychex cost of revenue
$1.7B+8.7% · FY2025
Paychex (PAYX) reported $1.7B in cost of revenue for fiscal 2025, +8.7% year on year.
| Fiscal year | Cost of revenue | Change | Filing |
|---|---|---|---|
| FY20252026-05-31 | $1.7B | +8.7% | Open → |
| FY20242025-05-31 | $1.5B | +4.1% | Open → |
| FY20232024-05-31 | $1.5B | +1.8% | Open → |
| FY20222023-05-31 | $1.5B | +7.1% | Open → |
| FY20212022-05-31 | $1.4B | +6.7% | Open → |
| FY20202021-05-31 | $1.3B | −0.7% | Open → |
| FY20192020-05-31 | $1.3B | +8.7% | Open → |
| FY20182019-05-31 | $1.2B | +15.7% | Open → |
| FY20172018-05-31 | $1.0B | — | Open → |
Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2017–2025 compound annual growth +6.4%
Cost of revenue at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Paychex cost of revenue |url=https://companiesranked.com/en/company/paychex/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Paychex cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/paychex/cost-of-revenueBibTeX
@misc{companiesranked-en-company-paychex-cost-of-revenue-2026,
author = {{CompaniesRanked}},
title = {{Paychex cost of revenue}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/paychex/cost-of-revenue}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001193125-26-307785 · July 17, 2026
{{cite web |title=Paychex cost of revenue — 10-K (0001193125-26-307785) |url=https://www.sec.gov/Archives/edgar/data/723531/000119312526307785/payx-20260531.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-07-17}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.