ADP · 10-K · 2026A · Full report
Products and Technology
AUTOMATIC DATA PROCESSING INC · 2026-08-05 · Importance 31 · Surprise 42
ADP expanded ADP Assist agents across payroll, benefits, HR, and compliance solutions, making AI-powered HCM agents available to nearly all of its more than 1.1 million clients. ADP Assist became increasingly embedded in client workflows, with the company citing time savings and improved accuracy. ADP also reported strong enterprise sales momentum for ADP Lyric HCM and the ADP WorkForce Suite, which combine global payroll, global HR, and global time capabilities. The company continued deploying AI tools in sales, service, and research and development to improve client experience and internal productivity.
Key facts
- R&D increase in fiscal 2026 due in part to integration costs associated with the WorkForce Software acquisition source
- Depreciation and amortization increase due in part to amortization of intangible assets acquired in the WorkForce Software acquisition source
- Net (gain)/loss on ADP Ventures' investments in fiscal 2026: $(8.4) million (a net gain of $8.4 million) source
- Company experienced strong enterprise sales momentum for ADP Lyric HCM and the ADP WorkForce Suite during fiscal 2026 source