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Cash Flow Overview

Free Cash flow
$2,321,800K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from sales and maturiti...
    • Total revenue
    • Depreciation and amortization
    • Others
Negative Cash Flow Breakdown
    • Purchases of afs securities
    • Compensation-related expenses-Co...
    • Dividends paid
    • Others
Cash Flow
2026-05-31
2025-05-31
2024-05-31
2023-05-31
Total revenue
6,512,000
5,571,700
-
-
Compensation-related expenses-Core
2,091,900
1,853,000
-
-
Peo direct insurance costs-Core
563,200
520,100
-
-
Depreciation and amortization-Core
200,600
168,800
-
-
Other segment items-Core
841,600
659,800
-
-
Acquisition-related costs-Non Core
304,200
162,300
-
-
Total expenses
4,001,500
3,364,000
-
-
Interest expense, excluding paycor acquisition-related costs
269,500
71,400
-
-
Acquisition-related costs
-
34,000
-
-
Other income, net
69,900
73,600
-
-
Income before income taxes
2,310,900
2,175,900
-
-
Income tax expense
550,800
518,600
-
-
Net income
1,760,100
1,657,300
1,690,400
1,557,300
Depreciation and amortization
442,600
209,500
176,500
176,600
Amortization of discounts and premiums on afs securities, net
7,600
-23,400
7,000
-18,200
Amortization of deferred contract costs
249,200
236,500
231,700
219,100
Stock-based compensation costs
96,100
111,800
61,100
62,600
Provision of/(benefit from) deferred income taxes
103,700
-15,800
-29,800
-44,000
Provision for credit losses
38,100
24,200
19,800
17,700
Net realized (gains)/losses on sales of afs securities
7,600
-400
-2,600
-
Net realized losses on disposal of assets
-6,200
-3,700
-32,800
-
Net realized losses/(gains) on sales of afs securities
-
-
-
-9,800
Premium paid on cash flow hedges
0
-19,200
-
-
Interest receivable
8,200
3,800
-1,100
2,100
Accounts receivable and peo unbilled receivables, net
105,800
130,700
-113,000
123,600
Prepaid expenses and other current assets
-40,000
12,000
25,200
17,800
Accounts payable and other current liabilities
291,400
42,300
-127,000
67,400
Deferred costs
342,500
246,500
244,900
269,400
Net change in other long-term assets and liabilities
-3,900
-21,900
-6,100
-31,900
Net change in operating lease right-of-use assets and liabilities
2,900
2,100
3,500
4,300
Net cash provided by operating activities
2,556,700
1,900,900
1,897,700
1,699,400
Purchases of afs securities
12,226,200
14,302,900
6,868,500
14,585,300
Proceeds from sales and maturities of afs securities
11,517,600
14,292,500
7,161,200
14,943,200
Net change in purchased receivables
166,100
157,300
153,800
-
Purchases of property and equipment
234,900
191,800
161,400
143,000
Proceeds from sales of property and equipment
-
0
0
16,700
Acquisition of businesses, net of cash acquired
400
2,967,500
208,300
2,700
Purchases of other assets
42,400
29,800
30,100
10,400
Net cash used in investing activities
-1,152,400
-3,356,800
-260,900
218,500
Net change in client fund obligations
17,600
-290,700
-425,300
474,800
Net proceeds from short-term borrowings
-18,800
0
9,000
2,000
Payments on long-term borrowings
400,000
-
-
-
Proceeds from issuance of corporate bonds
0
4,180,900
-
-
Dividends paid
1,589,600
1,448,500
1,315,300
1,175,000
Repurchases of common shares
611,000
104,500
169,200
-
Debt issuance costs
0
47,800
-
-
Contingent consideration paid for acquisitions
-
0
-
2,800
Activity related to equity-based plans
-52,000
3,800
26,100
-10,400
Net cash (used in)/provided by financing activities
-2,653,800
2,293,200
-1,874,700
-711,400
Net change in cash, restricted cash, and equivalents
-1,249,500
837,300
-237,900
1,206,500
Cash, restricted cash, and equivalents, beginning of fiscal year
2,734,300
1,897,000
2,134,900
928,400
Cash, restricted cash, and equivalents, end of fiscal year
1,484,800
2,734,300
1,897,000
2,134,900
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Total revenue$6,512,000K (16.88%↑ Y/Y)Other income, net$69,900K (-5.03%↓ Y/Y)Income before incometaxes$2,310,900K (6.20%↑ Y/Y)Canceled cashflow$4,271,000K Net income$1,760,100K (6.20%↑ Y/Y)Depreciation andamortization$442,600K (111.26%↑ Y/Y)Accounts payable andother current...$291,400K (588.89%↑ Y/Y)Amortization of deferredcontract costs$249,200K (5.37%↑ Y/Y)Canceled cashflow$550,800K Provision of/(benefitfrom) deferred income...$103,700K (756.33%↑ Y/Y)Stock-based compensationcosts$96,100K (-14.04%↓ Y/Y)Prepaid expenses andother current assets-$40,000K (-433.33%↓ Y/Y)Provision for creditlosses$38,100K (57.44%↑ Y/Y)Net realized losseson disposal of...-$6,200K (-67.57%↓ Y/Y)Net change in otherlong-term assets and...-$3,900K (82.19%↑ Y/Y)Total expenses$4,001,500K (18.95%↑ Y/Y)Interest expense,excluding paycor...$269,500K (277.45%↑ Y/Y)Net cash provided byoperating activities$2,556,700K (34.50%↑ Y/Y)Canceled cashflow$474,600K Income tax expense$550,800K (6.21%↑ Y/Y)Compensation-related expenses-Core$2,091,900K (12.89%↑ Y/Y)Other segmentitems-Core$841,600K (27.55%↑ Y/Y)Peo directinsurance costs-Core$563,200K (8.29%↑ Y/Y)Acquisition-related costs-Non Core$304,200K (87.43%↑ Y/Y)Depreciation andamortization-Core$200,600K (18.84%↑ Y/Y)Net change in cash,restricted cash, and...-$1,249,500K (-249.23%↓ Y/Y)Canceled cashflow$2,556,700K Net change in clientfund obligations$17,600K (106.05%↑ Y/Y)Proceeds from sales andmaturities of afs...$11,517,600K (-19.42%↓ Y/Y)Deferred costs$342,500K (38.95%↑ Y/Y)Accounts receivable andpeo unbilled...$105,800K (-19.05%↓ Y/Y)Interest receivable$8,200K (115.79%↑ Y/Y)Net realized(gains)/losses on sales of afs...$7,600K (2000.00%↑ Y/Y)Amortization of discounts andpremiums on afs...$7,600K (132.48%↑ Y/Y)Net change inoperating lease...$2,900K (38.10%↑ Y/Y)Net cash (usedin)/provided by financing...-$2,653,800K (-215.72%↓ Y/Y)Canceled cashflow$17,600K Net cash used ininvesting activities-$1,152,400K (65.67%↑ Y/Y)Canceled cashflow$11,517,600K Dividends paid$1,589,600K (9.74%↑ Y/Y)Repurchases of common shares$611,000K (484.69%↑ Y/Y)Payments on long-termborrowings$400,000K Activity related toequity-based plans-$52,000K (-1468.42%↓ Y/Y)Net proceeds fromshort-term borrowings-$18,800K Purchases of afssecurities$12,226,200K (-14.52%↓ Y/Y)Purchases of property andequipment$234,900K (22.47%↑ Y/Y)Net change inpurchased receivables$166,100K (5.59%↑ Y/Y)Purchases of other assets$42,400K (42.28%↑ Y/Y)Acquisition of businesses,net of cash acquired$400K (-99.99%↓ Y/Y)
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PAYCHEX INC (PAYX)

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PAYCHEX INC (PAYX)