Paychex Outlook Reflects Updated Assumptions With Adjusted Diluted Earnings Per Share Anticipated To Grow 10% To 11%

Business Outlook

Our business outlook for fiscal 2026 incorporates current assumptions and market conditions and excludes acquisition-related costs. Changes in the macroeconomic environment could alter our guidance. With consideration of these impacts, we have updated our business outlook as follows:

• Adjusted diluted earnings per share(1) is now anticipated to grow in the range of 10% to 11%.
• Other aspects of our guidance for fiscal 2026 remain unchanged from what we provided previously.