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Inferra AI / Company / ADP

Automatic Data Processing

ADP · Industrials

Last earnings Oct 28, 2026

Key results

Revenuequarter

7%

Revenues increased 7% compared to last year's first quarter to $5.2 billion 6% organic constant currency

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Net incomequarter

6%

net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

EPSquarter

25.5%

net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

First Quarter Fiscal 2026 Consolidated Results Compared to last year s first quarter, revenues increased 7% to $5.2 billion and 6% on an organic constant currency basis.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted net incomequarter

6%

Net earnings increased 6% to $1.0 billion, and adjusted net earnings increased 6% to $1.0 billion.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted EPSquarter

7%

Diluted EPS increased 6% to $2.49, and adjusted diluted EPS increased 7% to $2.49.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Employer Services revenuequarter

7%

Compared to last year's first quarter Employer Services revenues increased 7% on a reported basis and 5% on an organic constant currency basis U.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

PEO Services revenuequarter

7%

PEO Services revenues increased 7% PEO Services revenues excluding zero-margin benefits pass-throughs increased 6% Average worksite employees paid by PEO Services increased 2% to about 754,000 PEO Services segment margin decreased 140 basis points Included within the results of our segments above Interest on Funds Held

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Diluted EPS $10.01 8 to 10% 8 to 10% Employer Services Revenues $13,883M 5 to 6% 5 to 6% ES New Business Bookings $2.1B 4 to 7% 4 to 7% Client Revenue Retention 92.1% (30) to (10) bps (30) to (10) bps U.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

AI analysis

Q1 FY2026 · reported Oct 29, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Headline figures

MetricQ1 FY2026Prior qtrYear ago
Revenue7%——
Net income6%——
EPS25.5%——
Adjusted net income6%——
Adjusted EPS7%——
Employer Services revenue7%——
PEO Services revenue7%——

EX-99 · Oct 29, 2025

Guidance · company-stated

Direction: Raised

Revenue$5.2 billion

“htm EXHIBIT 99 Document ADP Reports First Quarter Fiscal 2026 Results Revenues increased 7% compared to last year's first quarter to $5.2 billion 6% organic constant currency Net earnings increased 6% to $1.0 billion, and adjusted net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted diluted EPS increased 7% to $2.49 Maintaining fiscal 2026 consolidated outlook for revenue growth of 5% to 6%, adjusted EBIT margin expansion of 50 to 70 basis points, and adjusted diluted EPS growth of 8% to 10% ROSELAND, N.”

Company outlook

“Compared to last year's first quarter Interest on funds held for clients increased 13% to $287 million Average client funds balances increased 7% to $34.9 billion The average interest yield on client funds increased 20 basis points to 3.3% 2 Fiscal 2026 Outlook Certain components of ADP s fiscal 2026 outlook and related growth comparisons exclude the impact of the following items and are discussed on an adjusted basis where applicable.”

Revenue

“Interest on funds held for clients of $1.300 to $1.320 billion this is based on anticipated growth in client funds balances of 3% to 4% and an average yield that is anticipated to increase approximately 3.4% Total contribution from the client funds extended investment strategy of $1.260 to $1.280 billion 3 Fiscal 2026 Outlook Fiscal 2025 (unaudited) July 30, 2025 Fiscal 2026 Outlook (a) October 29, 2025 Fiscal 2026 Outlook (a) Total ADP Revenues $20,561M 5 to 6% 5 to 6% Adj.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

As of June 30, 2025, $38.4 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements.

Management believes this information is beneficial as it allows the reader to understand the extended investment strategy for ADP's client funds assets, corporate investments, and short-term borrowings.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

First Quarter Fiscal 2026 Consolidated Results Compared to last year s first quarter, revenues increased 7% to $5.2 billion and 6% on an organic constant currency basis

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EXHIBIT 99 Document ADP Reports First Quarter Fiscal 2026 Results Revenues increased 7% compared to last year's first quarter to $5.2 billion 6% organic constant currency Net earnings increased 6% to $1.0 billion, and adjusted net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted diluted EPS increased 7% to $2.49 Maintaining fiscal 2026 consolidated outlook for revenue growth of 5% to 6%, adjusted EBIT margin expansion of 50 to 70 basis points, and adjusted diluted EPS growth of 8% to 10% ROSELAND, N.”

Company outlook: “Compared to last year's first quarter Interest on funds held for clients increased 13% to $287 million Average client funds balances increased 7% to $34.9 billion The average interest yield on client funds increased 20 basis points to 3.3% 2 Fiscal 2026 Outlook Certain components of ADP s fiscal 2026 outlook and related growth comparisons exclude the impact of the following items and are discussed on an adjusted basis where applicable.”

Revenue: “Interest on funds held for clients of $1.300 to $1.320 billion this is based on anticipated growth in client funds balances of 3% to 4% and an average yield that is anticipated to increase approximately 3.4% Total contribution from the client funds extended investment strategy of $1.260 to $1.280 billion 3 Fiscal 2026 Outlook Fiscal 2025 (unaudited) July 30, 2025 Fiscal 2026 Outlook (a) October 29, 2025 Fiscal 2026 Outlook (a) Total ADP Revenues $20,561M 5 to 6% 5 to 6% Adj.”

Revenue — Raised (“increased”)
“htm EXHIBIT 99 Document ADP Reports First Quarter Fiscal 2026 Results Revenues increased 7% compared to last year's first quarter to $5.2 billion 6% organic constant currency Net earnings increased 6% to $1.0 billion, and adjusted net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted diluted EPS increased 7% to $2.49 Maintaining fiscal 2026 consolidated outlook for revenue growth of 5% to 6%, adjusted EBIT margin expansion of 50 to 70 basis points, and adjusted diluted EPS growth of 8% to 10% ROSELAND, N.”

Company outlook — Raised (“increased”)
“Compared to last year's first quarter Interest on funds held for clients increased 13% to $287 million Average client funds balances increased 7% to $34.9 billion The average interest yield on client funds increased 20 basis points to 3.3% 2 Fiscal 2026 Outlook Certain components of ADP s fiscal 2026 outlook and related growth comparisons exclude the impact of the following items and are discussed on an adjusted basis where applicable.”

Revenue — Raised (“increase”)
“Interest on funds held for clients of $1.300 to $1.320 billion this is based on anticipated growth in client funds balances of 3% to 4% and an average yield that is anticipated to increase approximately 3.4% Total contribution from the client funds extended investment strategy of $1.260 to $1.280 billion 3 Fiscal 2026 Outlook Fiscal 2025 (unaudited) July 30, 2025 Fiscal 2026 Outlook (a) October 29, 2025 Fiscal 2026 Outlook (a) Total ADP Revenues $20,561M 5 to 6% 5 to 6% Adj.”

Classified from the release's primary full-year outlook statement.

Capital allocation

As of June 30, 2025, $38.4 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Management believes this information is beneficial as it allows the reader to understand the extended investment strategy for ADP's client funds assets, corporate investments, and short-term borrowings.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

11 (a) In Adjusted EBIT, we include the interest income earned on investments associated with our client funds extended investment strategy and interest expense on borrowings related to our client funds extended investment strategy as we believe these amounts to be fundamental to the underlying operations of our business model.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

As of June 30, 2025, $ 38.4 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements (see Note 10).

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

government agency securities ( 0.1 ) 8.0 ( 79.9 ) 1,093.8 ( 80.0 ) 1,101.8 Canadian provincial bonds ( 0.8 ) 44.3 ( 26.9 ) 588.8 ( 27.7 ) 633.1 Other securities ( 1.5 ) 168.4 ( 61.3 ) 1,130.2 ( 62.8 ) 1,298.6 $ ( 10.2 ) $ 1,963.9 $ ( 672.1 ) $ 16,184.9 $ ( 682.3 ) $ 18,148.8 At December 31, 2025, Corporate bonds include investment-grade debt securities with a wide variety of issuers, industries, and sectors, primarily carrying credit ratings of A and above, and have maturities ranging from January 2026 through December 2035.

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

government a gency securities primarily include debt directly issued by Federal Farm Credit Banks and Federal Home Loan Banks with fair values of $ 636.1 million and $ 137.2 million, respectively.

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

Strategy & priorities

htm EXHIBIT 99 Document ADP Reports First Quarter Fiscal 2026 Results Revenues increased 7% compared to last year's first quarter to $5.2 billion 6% organic constant currency Net earnings increased 6% to $1.0 billion, and adjusted net earnings increased 6% to $1.0 billion Adjusted EBIT increased 7% to $1.3 billion, and adjusted EBIT margin remained flat at 25.5% Diluted earnings per share ( EPS ) increased 6% to $2.49 adjusted diluted EPS increased 7% to $2.49 Maintaining fiscal 2026 consolidated outlook for revenue growth of 5% to 6%, adjusted EBIT margin expansion of 50 to 70 basis points, and adjusted diluted EPS growth of 8% to 10% ROSELAND, N.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Fiscal 2026 started off with solid financial performance and meaningful progress across our strategic priorities, said Maria Black, President and Chief Executive Officer, ADP.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We look forward to delivering strong financial performance in fiscal 2026, as we continue to make strategic investments to support our long-term growth.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Compared to last year's first quarter PEO Services revenues increased 7% PEO Services revenues excluding zero-margin benefits pass-throughs increased 6% Average worksite employees paid by PEO Services increased 2% to about 754,000 PEO Services segment margin decreased 140 basis points Included within the results of our segments above Interest on Funds Held for Clients The safety, liquidity, and diversification of ADP clients funds are the foremost objectives of the Company s investment strategy.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Fiscal 2025 pre-tax gain of about $3 million related to the sale of assets Fiscal 2025 pre-tax charges of about $19 million related to optimization initiatives Consolidated Fiscal 2026 Outlook Revenue growth of 5% to 6% Adjusted EBIT margin expansion of 50 to 70 basis points Adjusted effective tax rate of approximately 23% Diluted EPS growth of 8% to 10% Adjusted diluted EPS growth of 8% to 10% Employer Services Segment Fiscal 2026 Outlook Employer Services revenue growth of 5% to 6% Employer Services new business bookings growth of 4% to 7% Employer Services client revenue retention decrease of 10 to 30 basis points U.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Risks & headwinds

As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises and everything in between.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

These statements are based on management s expectations and assumptions and depend upon or refer to future events or conditions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

These risks and uncertainties, along with the risk factors discussed under Item 1A.

SEC original ↗Automatic Data Processing — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Legal Proceedings 42 Item 1A.

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

The Company believes these revenue categories depict how the nature, amount, timing, and uncertainty of its revenue and cash flows are affected by economic factors.

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

The Company is vigorously defending against this lawsuit.

SEC original ↗Automatic Data Processing — 10-Q Quarterly report10-QJan 29, 2026

Documents

Earnings deck slides

4 decks with slide view

Automatic Data Processing — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Named in the company’s own filings

Financial Institutions Inc. (FISI)“HCM Solutions, Global Solutions and HRO Solutions (other than PEO) compete with other business outsourcing companies, companies providing ERP services, providers of cloud-based HCM solutions and financial institutions.”

Filings

64 documents

Earnings releases

43 documents

Presentations

5 documents

Transcripts

0 documents

No transcripts for Automatic Data Processing are held in this edition of the library.

Mentioned by

3 companies

Other tracked companies whose held documents mention Automatic Data Processing by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.