ADP · 10-Q · 2026Q3 · Full report

Market Demand Trends

AUTOMATIC DATA PROCESSING INC · 2026-10-30 · Importance 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 same-store measure of employee growth on payrolls for a subset of Employer Services clients, increased 2%. PEO Services average worksite employees also increased 2%, supporting segment growth alongside higher benefits pass-throughs. Employer Services revenue increased by $194.2 million year over year, exceeding the stated materiality threshold.

Key facts

• ADP's U.S. pays per control grew 2% for the three months ended September 30, 2026, compared with the same period in 2025. source
• PEO average worksite employees increased 2% for the three months ended September 30, 2026, compared with the same period in 2025. source