ADP · 10-Q · 2026Q3 · Full report
Client Funds Interest
AUTOMATIC DATA PROCESSING INC · 2026-10-30 · Importance 30 · Surprise 40 · No source text
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 $36.9 billion, and the average interest rate earned rose to 3.6% from 3.3%. Employer Services revenue included a $42.1 million increase in interest earned on client funds.
Key facts
- Average client funds balances increased 5.7% to $36.9 billion for the three months ended September 30, 2026, while the average interest rate earned rose to 3.6% from 3.3%. source
- Interest on funds held for clients was $329.3 million for the three months ended September 30, 2026, compared with $286.8 million in the same period in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +0.8% | Average client funds balances increased 5.7% to $36.9 billion for the three months ended September 30, 2026, while the average interest… |