Automatic Data Processing, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting first-quarter financial results including total revenues of $5,490.7 million and net earnings of $1,125.2 million.

Key Highlights

  • Total revenues: $5,490.7 million for the three months ended September 30, 2026, up from $5,175.2 million in the same period of the prior year.
  • Net earnings: $1,125.2 million, compared with $1,013.0 million for the three months ended September 30, 2025.
  • Diluted earnings per share: $2.83, versus $2.49 in the prior-year quarter.
  • PEO revenues: $1,805.2 million for the quarter, net of direct pass-through costs of $18,991.0 million, compared with $1,684.9 million net of $18,534.4 million in pass-through costs in the prior-year period.
  • Shares outstanding: 394,759,432 common shares as of October 27, 2026.
  • Total assets: $63,453.8 million at September 30, 2026, versus $63,193.3 million at June 30, 2026.
  • Comprehensive income: $456.9 million for the quarter, reflecting a net-of-tax other comprehensive loss of $668.3 million driven primarily by unrealized losses on available-for-sale securities.

ADP Quarterly Results: Revenue Growth and Earnings Detail for September 30, 2026

According to the filing, Automatic Data Processing, Inc. (NASDAQ:ADP) reported total revenues of $5,490.7 million for the three months ended September 30, 2026, compared with $5,175.2 million for the same period a year earlier. Revenues other than interest on funds held for clients and PEO revenues were $3,356.2 million, interest on funds held for clients was $329.3 million, and PEO revenues were $1,805.2 million. The company reported total expenses of $4,176.1 million, which included operating expenses of $2,584.9 million, research and development of $251.3 million, depreciation and amortization of $129.0 million, selling, general, and administrative expenses of $1,062.8 million, and interest expense of $148.1 million.

The filing disclosed earnings before income taxes of $1,454.9 million and a provision for income taxes of $329.7 million, resulting in net earnings of $1,125.2 million. Basic earnings per share were $2.84 and diluted earnings per share were $2.83, based on basic weighted average shares outstanding of 396.5 million and diluted weighted average shares outstanding of 397.6 million. Net cash flows provided by operating activities were $651.0 million for the quarter, compared with $642.3 million in the prior-year period, according to the filing.

The consolidated balance sheet disclosed total assets of $63,453.8 million at September 30, 2026. Funds held for clients stood at $44,733.3 million, and client funds obligations were $46,039.6 million. Total stockholders' equity declined to $5,092.1 million from $6,031.2 million at June 30, 2026, with accumulated other comprehensive loss widening to $(1,570.4) million, primarily due to unrealized net losses on available-for-sale securities recorded in the quarter. Treasury stock at cost was $(23,958.6) million, reflecting 243.1 million shares held, up from 240.9 million shares at June 30, 2026, according to the filing.

What Was Disclosed

Automatic Data Processing, Inc. filed a Form 10-Q for the quarter ended September 30, 2026, disclosing revenues of $5,490.7 million, net earnings of $1,125.2 million, diluted EPS of $2.83, and total assets of $63,453.8 million, along with balance sheet and cash flow data for the period.