ADP · Technology

AUTOMATIC DATA PROCESSING INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Client Funds InterestImportance 36 · Surprise 40
  ADP earns fees from payroll services and invests client cash, according to the article. Interest on client funds increased 15% to $329 million. The article links this client-funds interest income to ADP’s business…

News · 2026-11-05

• Macroeconomic Factors ImpactImportance 17 · Surprise 24
  ADP's October U.S. private payroll report recorded a net increase of 86,000 jobs, 19,000 above the estimate and matching September's pace. Services gains included 39,000 jobs in trade, transportation and utilities,…
• Revenue Performance and MixImportance 9 · Surprise 6
  ADP reported first-quarter fiscal 2027 revenue of $5,490.7 million, following the quarter’s recently announced results. Net income for the same quarter was $1,125.2 million. The digest provides no year-over-year or…

News · 2026-11-04

• Guidance / OutlookImportance 63 · Surprise 76
  ADP raised its fiscal 2027 adjusted earnings growth outlook to 10–12%, according to the report. The outlook was raised following ADP’s latest earnings beat. The report does not provide a prior growth outlook or…
• Macroeconomic Factors ImpactImportance 22 · Surprise 32
  ADP’s October National Employment Report, produced with the Stanford Digital Economy Lab, showed U.S. private-sector employment increased by 86,000 jobs, matching September’s revised gain and exceeding economists’…

News · 2026-11-03

• AI Labor Market DisruptionImportance 32 · Surprise 48
  Stanford economists analyzed ADP payroll data and found that, as of June, employment among U.S. workers aged 22 to 25 in the most AI-exposed occupations was about 19% below the level implied by employment growth among…

News · 2026-11-02

• Guidance / OutlookImportance 62 · Surprise 68
  ADP raised its fiscal 2027 revenue growth guidance to 6%. The news report also cited a 6% increase in Q1 revenue and a 13% rise in adjusted EPS, but those are reported performance metrics rather than forward guidance.…
• Quarterly Earnings PerformanceImportance 41 · Surprise 22
  ADP reported Q1 revenue growth of 6%. Adjusted EPS increased 13% in Q1. Adjusted EPS growth exceeded 10% year over year, while the reported revenue increase was 6%.
• Partner Ecosystem ExpansionImportance 31 · Surprise 42
  ADP partnered with PNC Bank to provide payroll services. The report identifies the partnership as a driver of ADP’s business, but does not specify launch timing, customer reach, or expected contribution. No geographic…
• Products and TechnologyImportance 31 · Surprise 42
  ADP expanded its AI and Lyric offerings and integrated WorkForce Suite. The report names no specific AI or Lyric products, capabilities, customer adoption, or markets. It provides no details on the scope or timing of…
• Strategic InitiativesImportance 31 · Surprise 42
  The report cited a partnership with PNC Bank for payroll services. It also mentioned expansion of ADP’s AI and Lyric offerings and integration of WorkForce Suite. The report gave no deal value, geographic scope, or…

News · 2026-10-31

• Products and TechnologyImportance 23 · Surprise 24
  ADP said disciplined investment in AI-driven product enhancements supported its Employer Services and Professional Employer Organization businesses. CEO Maria Black said ADP Assist and its AI interviewer agent reduced…
• AI Investment and ProductivityImportance 23 · Surprise 24
  Management described disciplined investment in AI-driven product enhancements and operational productivity improvements. CEO Maria Black said adoption of ADP Assist and its AI interviewer agent reduced client-service…

10-Q · 2026-10-30

• Capital Return ProgramImportance 81 · Surprise 64
  ADP returned $1.5 billion to shareholders during the three months ended September 30, 2026, comprising $0.7 billion of dividends and $0.8 billion of share repurchases. The company repurchased 2.9 million shares in the…
• Interest Rate EnvironmentImportance 46 · Surprise 56
  For the three months ended September 30, 2026, interest revenue on funds held for clients increased $42.5 million year over year to $329.3 million, exceeding the filing’s $165 million revenue materiality threshold. ADP…
• Revenue Performance and MixImportance 43 · Surprise 32
  Revenue for the three months ended September 30, 2026 increased 6% to $5,490.7 million from $5,175.2 million, including 6% growth on an organic constant-currency basis. The $315.5 million increase reflected new…
• Market Demand TrendsImportance 43 · Surprise 32
  ADP reported 6% revenue growth, also 6% on an organic constant-currency basis, attributing the increase to new business started from bookings, strong client retention, and pricing increases. U.S. pays per control, a…
• Interest Income TrendsImportance 40 · Surprise 56
  Interest income on corporate funds increased $32.2 million, from $101.5 million of income in the prior-year quarter to $133.7 million in the three months ended September 30, 2026. The increase reflected average…
• Margin DriversImportance 36 · Surprise 40
  Earnings before income taxes increased to $1,454.9 million for the three months ended September 30, 2026 from $1,307.5 million, and the pretax margin expanded 120 basis points to 26.5%. Adjusted EBIT increased to…
• Liquidity and Cash PositionImportance 31 · Surprise 6
  Cash and cash equivalents were $3.3 billion as of September 30, 2026, primarily invested in time deposits and money market funds. ADP reported $11.7 billion of committed credit facilities and expects cash, marketable…
• Products and TechnologyImportance 31 · Surprise 42
  ADP Assist, ADP’s cross-platform generative-AI solution, was embedded more deeply in client workflows and added more than 100,000 clients during the quarter. ADP expanded the capabilities of ADP Assist agents across HR…
• Strategic Initiatives and AIImportance 31 · Surprise 42
  During the first quarter of fiscal 2027, ADP continued its AI transformation efforts, and ADP Assist added more than 100,000 clients. The company expanded ADP Assist agents across HR and talent workflows, including…
• Client Funds InterestImportance 30 · Surprise 40
  Interest on funds held for clients rose to $329.3 million for the three months ended September 30, 2026 from $286.8 million a year earlier, an increase of $42.5 million. Average client funds balances increased 5.7% to…
• Operating Expense TrendsImportance 30 · Surprise 14
  Total expenses increased $198.3 million to $4,176.1 million for the three months ended September 30, 2026 from $3,977.8 million a year earlier. Operating expenses rose $123.3 million, primarily because PEO zero-margin…
• Quarterly Earnings PerformanceImportance 29 · Surprise 22
  Net earnings for the three months ended September 30, 2026 increased to $1,125.2 million from $1,013.0 million, while diluted EPS rose 14% to $2.83 from $2.49. Adjusted net earnings were $1,123.0 million and adjusted…

News · 2026-10-30

• Guidance / OutlookImportance 42 · Surprise 48
  Third-party reporting said ADP increased its full-year fiscal 2027 outlook for revenue and earnings per share following its first-quarter results. The report did not specify the revised guidance amounts or the size of…
• Products and TechnologyImportance 31 · Surprise 42
  ADP expanded AI agents and introduced Model Context Protocol (MCP) capabilities for governed AI integration across enterprise workflows. It continued deploying The Zone, its AI-enabled service platform, with reported…
• Quarterly Earnings PerformanceImportance 19 · Surprise 22
  ADP reported net earnings of $1,125.2 million for the quarter ended September 30, 2026, up 11% year over year. Diluted EPS increased 14% to $2.83. Revenue was $5,490.7 million, up 6% year over year, an increase below…

8-K · 2026-10-28

• Guidance / OutlookImportance 68 · Surprise 68
  ADP raised its fiscal 2027 consolidated revenue growth outlook from 5%–6% to approximately 6%, and adjusted diluted EPS growth guidance from 9%–11% to 10%–12%. The company maintained expected adjusted EBIT margin…
• Capital Return ProgramImportance 51 · Surprise 64
  ADP repurchased $758.8 million of common stock in the three months ended September 30, 2026, compared with $366.0 million in the prior-year quarter. Dividends paid were $677.0 million, up from $626.7 million a year…
• Interest Rate EnvironmentImportance 48 · Surprise 24
  ADP's fiscal 2027 client-funds outlook uses Fed Funds futures and forward yield curves as of October 27, 2026. A blended rate of 5.3% from forward yield curves reflecting its investment mix was used to forecast new…
• Client Funds InterestImportance 42 · Surprise 40
  Interest on funds held for clients increased 15% year over year to $329.3 million for the quarter ended September 30, 2026. Average client funds balances grew 6% to $36.9 billion, while the average yield rose 30 basis…
• Market Demand TrendsImportance 25 · Surprise 32
  Employer Services U.S. pays per control increased 2% in the first quarter, indicating growth in employees on ADP clients’ processed payrolls. ADP’s fiscal 2027 outlook calls for Employer Services new business bookings…
• Revenue Performance and MixImportance 24 · Surprise 14
  First-quarter fiscal 2027 revenue increased 6% year over year to $5.491 billion, compared with $5.175 billion in the prior-year quarter; organic constant-currency growth was also 6%. Employer Services revenue grew 6%…
• Margin DriversImportance 23 · Surprise 22
  Adjusted EBIT rose 12% year over year to $1.470 billion in the first quarter of fiscal 2027. Adjusted EBIT margin expanded 130 basis points to 26.8%, from 25.5%. Employer Services segment margin increased 130 basis…
• Liquidity and Cash PositionImportance 18 · Surprise 6
  Cash and cash equivalents were $3.277 billion at September 30, 2026, down from $4.230 billion at June 30, 2026. Long-term debt was $4.965 billion at quarter-end, essentially unchanged from $4.964 billion at June 30.…

News · 2026-10-20

• Market Demand TrendsImportance 35 · Surprise 48
  ADP’s NER Pulse indicates that U.S. private employers added an average of 18,500 jobs per week for the four weeks ended October 3, 2026. Hiring decelerated from 26,000 jobs per week for the prior four-week period ended…
• Macroeconomic Factors ImpactImportance 35 · Surprise 48
  ADP’s NER Pulse estimated that U.S. private employers added an average of 18,500 jobs per week for the four weeks ended October 3, 2026. The estimate declined 28.8% from 26,000 jobs per week for the four weeks ended…

News · 2026-10-15

• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  ADP is reported to be interested in acquiring Darwinbox, an Indian HR software developer. The reported target would expand ADP’s HR technology presence in India. The report does not disclose a transaction value,…

News · 2026-10-13

• Macroeconomic Factors ImpactImportance 42 · Surprise 64
  ADP’s NER Pulse estimated that U.S. private employers added an average of 24,750 jobs per week for the four weeks ended September 26, 2026. Hiring slowed after five consecutive weeks of strengthening, although the…

News · 2026-10-09

• Macroeconomic Factors ImpactImportance 42 · Surprise 64
  ADP reported that private-sector job additions reached 23,750 on a four-week-average basis by September 19, 2026. The average increased 150% from the comparable prior period, indicating a material shift in labor-market…
• Products and TechnologyImportance 23 · Surprise 24
  ADP is described as maintaining a strategic focus on human capital management (HCM) technology. The reporting highlights integration of artificial intelligence into ADP’s HCM offerings. No specific product launch,…

News · 2026-10-07

• Revenue Performance and MixImportance 43 · Surprise 32
  ADP reported fiscal 2026 revenue growth of 6.7% year over year. Growth was attributed more to pricing and interest earned on client funds than to client hiring. ADP’s payroll and HR software operations retain billions…
• Interest Rate EnvironmentImportance 20 · Surprise 24
  ADP holds billions of dollars in client funds and earns interest income on those balances. Potential interest-rate cuts would reduce the yield on client funds and could pressure float-related earnings. The reported…
• Market Demand TrendsImportance 17 · Surprise 24
  ADP’s payroll and HR software demand is exposed to cooling employment trends and slower client hiring. The reporting indicates that recent performance was driven more by pricing than by underlying employment growth.…
• Macroeconomic Factors ImpactImportance 17 · Surprise 24
  The digest identifies cooling employment trends as a risk to ADP's payroll and HR services demand. Slower hiring could weaken client additions, payroll volumes, and related client-funds balances. The employment…

News · 2026-10-06

• Market Demand TrendsImportance 25 · Surprise 32
  ADP’s NER Pulse reported that U.S. private employers added an average of 23,750 jobs per week during the four weeks ended September 19, 2026. The seasonally adjusted estimate increased from 22,500 the prior week,…
• Macroeconomic Factors ImpactImportance 25 · Surprise 32
  ADP’s preliminary NER Pulse estimate showed U.S. private employers added an average of 23,750 jobs per week during the four weeks ending September 19, 2026. The seasonally adjusted weekly estimate increased from 22,500…

News · 2026-10-03

• Revenue Performance and MixImportance 41 · Surprise 32
  ADP’s pays-per-control metric grew 1% in fiscal 2026, indicating limited underlying volume growth because the company charges customers per employee paid. ADP projects pays-per-control growth of 0–1% in fiscal 2027,…
• Market Demand TrendsImportance 41 · Surprise 32
  ADP reported that its pays-per-control metric grew only 1% in fiscal 2026 and is projected to grow 0–1% in 2027, indicating a cooling labor market and slower employment growth. Because ADP charges customers based on…
• Macroeconomic Factors ImpactImportance 41 · Surprise 32
  ADP reported that labor-market cooling is affecting payroll-related demand, with its pays-per-control metric growing only 1% in fiscal 2026. Management projects pays-per-control growth of approximately 0%–1% in fiscal…

News · 2026-10-01

• Market Demand TrendsImportance 17 · Surprise 24
  ADP’s latest report estimated that U.S. private-sector employers added 90,000 jobs in September. Manufacturing and construction contributed significantly to employment growth, indicating continued hiring demand in…
• Macroeconomic Factors ImpactImportance 17 · Surprise 24
  ADP’s September 2026 private-sector employment report indicated that U.S. employers added 90,000 jobs. Manufacturing and construction contributed materially to the monthly increase. The Home Builders Institute reported…

News · 2026-09-30

• Macroeconomic Factors ImpactImportance 22 · Surprise 32
  ADP’s September National Employment Report showed U.S. private-sector employment increased by 90,000 jobs, rebounding from 36,000 in August after three months of slowing growth. Gains were concentrated in education and…

News · 2026-09-25

• Quarterly Earnings PerformanceImportance 33 · Surprise 6
  ADP recently reported second-quarter revenue of $5.47 billion. Second-quarter net profit was $978.6 million. Net profit increased from the prior-year period, although the reported item did not quantify the…
• Competition and Market PositionImportance 26 · Surprise 24
  Workday launched Total Benefits, an AI-powered solution combining employee health, financial and wellbeing programs for employers. The offering includes Workday Wellness, AI-powered Benefits Guidance and…
• Quarterly Dividend DeclarationImportance 9 · Surprise 6
  ADP shareholders of record by September 11, 2026, are set to receive a $1.70 dividend. The dividend is scheduled in connection with the company’s 2026 shareholder calendar. The digest did not provide a payment date or…

News · 2026-09-24

• Market Demand TrendsImportance 43 · Surprise 32
  ADP reported revenue growth of 6.77%, indicating stronger demand than the company’s professional services peer group. The peer group averaged 2.79% growth over the comparison period. The report characterized ADP as…
• Revenue Performance and MixImportance 36 · Surprise 14
  Automatic Data Processing reported revenue growth of 6.77%, implying an increase of approximately $1.49 billion against the company’s $21.947 billion revenue baseline. ADP’s growth exceeded the 2.79% average for…

News · 2026-09-23

• AI Adoption RecognitionImportance 31 · Surprise 42
  ADP’s Assist and the Zone AI tools are reportedly gaining adoption across the company’s business. The tools are described as improving service efficiency and supporting bookings growth. A report also cites an expanded…