ADP · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

AUTOMATIC DATA PROCESSING INC · 2026-10-30 · Importance 43 · Surprise 32 · No source text

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 business, strong client retention, pricing, $97.6 million of additional zero-margin benefits pass-throughs, and $42.5 million of additional interest on funds held for clients. Employer Services revenue increased to $3,685.4 million from $3,491.2 million, while PEO Services revenue increased to $1,808.1 million from $1,687.5 million.

Key facts

• For the three months ended September 30, 2026, ADP revenue grew 6% to $5,490.7 million, including 6% growth on an organic constant currency basis. source
• PEO Services revenue increased due to a $97.6 million increase in zero-margin benefits pass-throughs and 2% growth in average worksite employees. source
• Total revenues increased due in part to a $97.6 million increase in zero-margin benefits pass-throughs and a $42.5 million increase in interest on funds held for clients. source
• PEO Services revenues increased by $120.6 million to $1,808.1 million for the three months ended September 30, 2026, from $1,687.5 million. source
• PEO zero-margin benefits pass-throughs increased by $97.6 million to $1,228.6 million from $1,131.0 million. source
• PEO Services revenue excluding zero-margin benefits pass-throughs increased by $23.0 million to $579.5 million from $556.5 million. source
• Employer Services revenue increased due to new business bookings, strong client retention, pricing, $42.1 million more interest earned on client funds, and 2% growth in pays per control. source

Impact estimates