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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q1 FY272026-08-31 | Q4 FY262026-05-31 | Q3 FY262026-02-28 | Q2 FY262025-11-30 | Q1 FY262025-08-31 | Q4 FY252025-05-31 | Q3 FY252025-02-28 | Q2 FY252024-11-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.55B | $1.75B | $1.50B | $1.49B | $1.38B | $1.47B | $1.28B |
| Cost of revenue | $430.10M | $417.30M | $431.20M | $412.20M | $413.80M | $393.90M | $387.40M | $379.10M |
| Gross profit | $1.15B | $1.14B | $1.32B | $1.09B | $1.08B | $988.20M | $1.08B | $901.70M |
| Gross margin | 72.8% | 73.1% | 75.4% | 72.6% | 72.3% | 71.5% | 73.6% | 70.4% |
| Selling, general and administrative | $581.20M | $583.50M | $585.70M | $573.50M | $584.30M | $602.30M | $429.80M | $399.70M |
| Operating expenses | $581.20M | $583.50M | $585.70M | $573.50M | $584.30M | $602.30M | $429.80M | $399.70M |
| Operating income | $569.40M | $552.50M | $735.20M | $517.60M | $494.30M | $385.90M | $648.90M | $502.00M |
| Operating margin | 36.0% | 35.6% | 42.0% | 34.4% | 33.1% | 27.9% | 44.3% | 39.2% |
| EBITDA | $679.20M | $481.10M | $909.00M | $688.10M | $603.60M | $295.00M | $751.30M | $602.50M |
| Interest income | $49.80M | $52.20M | $56.80M | $54.30M | $47.60M | $45.20M | $42.90M | $36.10M |
| Interest expense | −$65.10M | −$64.70M | −$68.10M | −$68.50M | −$68.20M | −$63.70M | −$22.60M | −$9.50M |
| Income before taxes | $565.00M | $554.20M | $739.00M | $520.20M | $497.50M | $389.30M | $685.80M | $543.70M |
| Income taxes | $135.30M | $133.60M | $178.70M | $124.80M | $113.70M | $92.10M | $166.50M | $130.30M |
| Net income | $429.70M | $420.60M | $560.30M | $395.40M | $383.80M | $297.20M | $519.30M | $413.40M |
| Net margin | 27.2% | 27.1% | 32.0% | 26.3% | 25.7% | 21.5% | 35.4% | 32.3% |
| EPS, basic | $1.21 | $1.18 | $1.56 | $1.10 | $1.07 | $0.82 | $1.44 | $1.15 |
| EPS, diluted | $1.21 | $1.17 | $1.56 | $1.10 | $1.06 | $0.82 | $1.43 | $1.14 |
| Diluted shares | 356.60M | 358.20M | 359.50M | 360.40M | 361.90M | 362.40M | 362.00M | 361.70M |
Figures describe Paychex shares, not any token. As of Sep 24, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.