Automatic Data Processing (ADP) Q1 FY2027 earnings: revenue $5.5 billion, up 6.1% on the year

Automatic Data Processing Inc. (ADP) announced its results for Q1 FY2027, the quarter ended 30 September 2026, on 28 October 2026. Revenue was $5.5 billion, up 6.1% on the same quarter a year earlier. Net income was $1.1 billion, up 11.1% on the year, and diluted earnings per share $2.83. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$5.5 billionup 6.1%

Net income$1.1 billionup 11.1%

Diluted EPS$2.83$2.49 a year earlier

QuarterQ1 FY2027ended 30 September 2026

The quarter, against the one before and a year earlier

Line	Q1 FY2027	Q4 FY2026	Q1 FY2026	Change on the year
Revenue	5,491	5,474	5,175	+6.1%
Net income	1,125	979	1,013	+11.1%
Diluted EPS	$2.83	$2.45	$2.49	+13.7%

$ million except per share.

Q1 FY2027 is from the company's press release of 28 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026 *
Revenue	3,832	4,025	4,513	4,128	4,216	4,391	4,928	4,478	4,512	4,668	5,254	4,768	4,833	5,048	5,553	5,127	5,175	5,359	5,939	5,474
Cost of revenue	2,223	2,341	2,512	2,386	2,394	2,451	2,624	2,485	2,515	2,562	2,768	2,632	2,634	2,742	2,904	2,817	2,836	2,890	3,072	2,962
Gross profit	1,610	1,684	2,001	1,742	1,822	1,940	2,304	1,992	1,997	2,106	2,486	2,137	2,199	2,306	2,649	2,310	2,339	2,470	2,867	2,511
Gross margin	42%	42%	44%	42%	43%	44%	47%	44%	44%	45%	47%	45%	46%	46%	48%	45%	45%	46%	48%	46%
R&D	n/a	n/a	n/a	n/a	210	204	209	222	236	229	243	248	233	240	247	269	251	258	254	266
SG&A	719	782	818	914	800	856	938	957	880	922	941	1,035	927	1,006	1,016	1,103	1,006	1,068	1,082	1,252
Operating income	872	884	1,165	801	970	1,028	1,328	928	1,025	1,079	1,482	1,000	1,134	1,170	1,558	1,093	1,197	1,277	1,707	1,138
Operating margin	23%	22%	26%	19%	23%	23%	27%	21%	23%	23%	28%	21%	23%	23%	28%	21%	23%	24%	29%	21%
Interest expense	18.5	18.4	18.4	26.6	51.2	57.0	38.3	107	91.6	105	62.7	102	138	130	74.8	114	135	124	78.7	121
Pre-tax income	901	910	1,190	803	1,010	1,058	1,364	1,006	1,093	1,144	1,546	1,089	1,236	1,261	1,622	1,191	1,308	1,383	1,782	1,258
Tax rate	22%	24%	22%	22%	23%	23%	24%	23%	21%	23%	23%	24%	23%	24%	23%	24%	23%	23%	24%	22%
Net income	700	694	928	626	779	813	1,043	777	859	878	1,185	829	956	963	1,250	911	1,013	1,062	1,360	979
Net margin	18%	17%	21%	15%	18%	19%	21%	17%	19%	19%	23%	17%	20%	19%	23%	18%	20%	20%	23%	18%
Diluted EPS	$1.65	$1.65	$2.21	$1.49	$1.87	$1.95	$2.51	$1.87	$2.08	$2.13	$2.88	$2.02	$2.34	$2.35	$3.06	$2.23	$2.49	$2.62	$3.38	$2.45
Operating cash flow	122	1,094	971	913	718	900	1,404	1,186	326	1,032	1,498	1,301	824	1,150	1,526	1,439	642	1,133	2,238	1,428
Capital expenditure	35.9	39.9	51.0	47.6	45.4	49.7	50.3	60.9	39.3	54.8	59.6	54.7	58.8	39.4	36.4	34.1	46.7	26.5	50.6	72.8
Free cash flow	86.0	1,054	920	865	673	850	1,354	1,125	287	978	1,438	1,246	766	1,111	1,489	1,405	596	1,106	2,187	1,355
Buybacks	528	462	491	488	333	220	264	304	250	255	292	436	373	272	312	324	366	516	581	620
Dividends paid	393	394	438	434	433	433	521	518	516	516	576	575	573	572	628	626	627	629	687	683
Shares outstanding	422m	420m	418m	416m	415m	414m	414m	412m	412m	411m	410m	408m	408m	407m	406m	405m	405m	403m	401m	398m
Filing	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 28 October 2026 with a Form 8-K: the release.