Automatic Data Processing Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 30, 2026 · FY), Automatic Data Processing Inc. reported revenue of $21.9B (+6.7% year on year) and net income of $4.4B (+8.2% year on year).
| Line item | Jun 30, 2026 · FY | Jun 30, 2025 · FY | Jun 30, 2024 · FY | Jun 30, 2023 · FY |
|---|---|---|---|---|
| Revenues | $21.9B | $20.6B | $19.2B | $18.0B |
| Operating expenses | $10.2B | $9.6B | $9.1B | $8.7B |
| Research and development | $1.0B | $988.6M | $955.7M | — |
| Depreciation and amortization | $490.8M | $486.0M | $470.9M | $451.2M |
| TOTAL COSTS OF REVENUES | $11.8B | $11.1B | $10.5B | $10.0B |
| Selling, general, and administrative expenses | $4.4B | $4.1B | $3.8B | $3.6B |
| Interest expense | $459.3M | $455.9M | $361.4M | $253.3M |
| TOTAL EXPENSES | $16.6B | $15.6B | $14.6B | $13.8B |
| Other (income)/expense, net | ($410.6M) | ($354.1M) | ($286.7M) | ($183.5M) |
| EARNINGS BEFORE INCOME TAXES | $5.7B | $5.3B | $4.9B | $4.4B |
| Provision for income taxes | $1.3B | $1.2B | $1.1B | $1.0B |
| NET EARNINGS | $4.4B | $4.1B | $3.8B | $3.4B |
| BASIC EARNINGS PER SHARE (in dollars per share) | $10.97 | $10.02 | $9.14 | $8.25 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | $10.94 | $9.98 | $9.10 | $8.21 |
| Basic weighted average shares outstanding (in shares) | 402.3M | 407.1M | 410.6M | 413.7M |
| Diluted weighted average shares outstanding (in shares) | 403.3M | 408.7M | 412.2M | 415.7M |
| Line item | Mar 31, 2026 · Q3 | Dec 31, 2025 · Q2 | Sep 30, 2025 · Q1 | Mar 31, 2025 · Q3 |
|---|---|---|---|---|
| Revenues | $5.9B | $5.4B | $5.2B | $5.6B |
| Operating expenses | $2.7B | $2.5B | $2.5B | $2.5B |
| Research and development | $253.9M | $257.8M | $251.2M | $247.1M |
| Depreciation and amortization | $122.1M | $122.9M | $123.3M | $122.4M |
| TOTAL COSTS OF REVENUES | $3.1B | $2.9B | $2.8B | $2.9B |
| Selling, general, and administrative expenses | $1.1B | $1.1B | $1.0B | $1.0B |
| Interest expense | $78.7M | $124.1M | $135.4M | $74.8M |
| TOTAL EXPENSES | $4.2B | $4.1B | $4.0B | $4.0B |
| Other (income)/loss, net | ($75.0M) | ($105.8M) | ($110.1M) | ($63.7M) |
| EARNINGS BEFORE INCOME TAXES | $1.8B | $1.4B | $1.3B | $1.6B |
| Provision for income taxes | $422.0M | $321.2M | $294.5M | $372.4M |
| NET EARNINGS | $1.4B | $1.1B | $1.0B | $1.2B |
| BASIC EARNINGS PER SHARE (in dollars per share) | $3.39 | $2.63 | $2.50 | $3.07 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | $3.38 | $2.62 | $2.49 | $3.06 |
| Basic weighted average shares outstanding (in shares) | 401.7M | 403.8M | 405.1M | 406.9M |
| Diluted weighted average shares outstanding (in shares) | 402.5M | 404.7M | 406.5M | 408.5M |
| Line item | Jun 30, 2026 · FY | Jun 30, 2025 · FY | Jun 30, 2024 · FY | Jun 30, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $4.2B | $3.3B | $2.9B | $2.1B |
| Short-term marketable securities | $0 | $4.5B | — | — |
| Accounts receivable, net of allowance for doubtful accounts of $44.5 and $47.1, respectively | $3.5B | $3.6B | $3.4B | $3.0B |
| Other current assets | $852.1M | $840.8M | $1.2B | $743.9M |
| Total current assets before funds held for clients | $8.6B | $12.3B | $7.5B | $5.8B |
| Funds held for clients | $44.0B | $31.0B | $38.0B | $36.3B |
| Total current assets | $52.6B | $43.3B | $45.5B | $42.2B |
| Property, plant and equipment, net | $641.3M | $655.4M | $685.6M | $681.4M |
| Operating lease right-of-use assets | $388.6M | $374.1M | $370.6M | $402.4M |
| Deferred contract costs | $3.2B | $3.2B | $3.0B | $2.8B |
| Other assets | $1.4B | $1.1B | $1.1B | $1.3B |
| Goodwill | $3.3B | $3.3B | $2.4B | $2.3B |
| Intangible assets, net | $1.7B | $1.6B | $1.3B | $1.3B |
| Total assets | $63.2B | $53.4B | $54.4B | $51.0B |
| Accounts payable | $162.5M | $169.1M | $100.6M | $96.8M |
| Accrued expenses and other current liabilities | $3.2B | $3.1B | $3.4B | $2.3B |
| Accrued payroll and payroll-related expenses | $1.0B | $973.1M | $958.7M | $941.4M |
| Dividends payable | $671.9M | $620.6M | $566.4M | $510.0M |
| Short-term deferred revenues | $267.5M | $262.8M | $199.8M | $188.6M |
| Obligations under reverse repurchase agreements | $139.3M | $38.4M | $385.4M | $105.4M |
| Obligations under commercial paper borrowings | $0 | $4.8B | — | — |
| Income taxes payable | $110.3M | $9.1M | $15.1M | $44.2M |
| Total current liabilities before client funds obligations | $5.6B | $9.9B | $5.6B | $4.2B |
| Client funds obligations | $44.4B | $31.3B | $39.5B | $38.5B |
| Total current liabilities | $50.0B | $41.3B | $45.1B | $42.8B |
| Long-term debt | $5.0B | $4.0B | $3.0B | $3.0B |
| Operating lease liabilities | $306.7M | $321.2M | $328.6M | $349.9M |
| Other liabilities | $1.1B | $1.1B | $990.8M | $933.7M |
| Deferred income taxes | $339.1M | $163.6M | $64.3M | $73.6M |
| Long-term deferred revenues | $385.9M | $385.2M | $360.1M | $348.1M |
| Total liabilities | $57.2B | $47.2B | $49.8B | $47.5B |
| Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none | 0 | 0 | 0 | 0 |
| Common stock, $0.10 par value: authorized,1,000.0 shares; issued, 638.7 shares at June 30, 2026 and June 30, 2025; outstanding, 397.8 and 405.3 shares at June 30, 2026 and June 30, 2025, respectively | 63.9M | 63.9M | 63.9M | 63.9M |
| Capital in excess of par value | $3.1B | $2.8B | $2.4B | $2.1B |
| Retained earnings | $27.0B | $25.2B | $23.6B | $22.1B |
| Treasury stock - at cost: 240.9 and 233.4 shares at June 30, 2026 and June 30, 2025, respectively | -23.2B | -21.0B | -19.7B | -18.5B |
| Accumulated other comprehensive (loss)/income | ($902.1M) | ($883.4M) | ($1.8B) | ($2.3B) |
| Total stockholders’ equity | $6.0B | $6.2B | $4.5B | $3.5B |
| Total liabilities and stockholders’ equity | $63.2B | $53.4B | $54.4B | $51.0B |
| Line item | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.2B | $2.4B | $2.5B | $2.7B |
| Short-term marketable securities | $0 | $45.7M | $5.5B | — |
| Accounts receivable, net of allowance for doubtful accounts of $46.0 and $47.1, respectively | $3.6B | $3.4B | $3.5B | $3.5B |
| Other current assets | $1.0B | $1.1B | $1.1B | $933.1M |
| Total current assets before funds held for clients | $7.8B | $7.0B | $12.5B | $7.2B |
| Funds held for clients | $46.4B | $67.5B | $31.7B | $39.4B |
| Total current assets | $54.2B | $74.5B | $44.2B | $46.5B |
| Property, plant and equipment, net | $622.7M | $622.7M | $646.7M | $670.4M |
| Operating lease right-of-use asset | $400.8M | $405.7M | $392.7M | $335.6M |
| Deferred contract costs | $3.1B | $3.1B | $3.1B | $3.0B |
| Other assets | $1.2B | $1.1B | $1.1B | $999.9M |
| Goodwill | $3.3B | $3.3B | $3.3B | $3.3B |
| Intangible assets, net | $1.6B | $1.6B | $1.6B | $1.6B |
| Total assets | $64.5B | $84.6B | $54.3B | $56.4B |
| Accounts payable | $136.1M | $143.1M | $129.0M | $146.3M |
| Accrued expenses and other current liabilities | $3.0B | $2.5B | $2.9B | $3.0B |
| Accrued payroll and payroll-related expenses | $777.9M | $721.3M | $601.9M | $732.1M |
| Dividends payable | $676.8M | $680.5M | $618.9M | $620.7M |
| Short-term deferred revenues | $269.1M | $261.7M | $258.1M | $241.3M |
| Obligations under reverse repurchase agreements | $0 | $45.8M | $247.4M | $0 |
| Obligations under commercial paper borrowings | $0 | $0 | $5.2B | — |
| Income taxes payable | $372.2M | $197.3M | $116.5M | $63.9M |
| Total current liabilities before client funds obligations | $5.2B | $4.5B | $10.1B | $5.8B |
| Client funds obligations | $46.8B | $67.6B | $31.8B | $40.1B |
| Total current liabilities | $52.0B | $72.1B | $41.9B | $45.8B |
| Long-term debt | $4.0B | $4.0B | $4.0B | $3.0B |
| Operating lease liabilities | $318.2M | $347.6M | $341.7M | $283.2M |
| Other liabilities | $1.1B | $1.1B | $1.0B | $991.2M |
| Deferred income taxes | $344.9M | $349.5M | $272.4M | $129.1M |
| Long-term deferred revenues | $384.9M | $380.2M | $383.9M | $361.9M |
| Total liabilities | $58.1B | $78.2B | $47.9B | $50.6B |
| Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none | 0 | 0 | 0 | 0 |
| Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at March 31, 2026 and June 30, 2025; outstanding, 400.6 and 405.3 shares at March 31, 2026 and June 30, 2025, respectively | 63.9M | 63.9M | 63.9M | 63.9M |
| Capital in excess of par value | $3.0B | $2.9B | $2.9B | $2.7B |
| Retained earnings | $26.7B | $26.0B | $25.6B | $25.0B |
| Treasury stock - at cost: 238.1 and 233.4 shares at March 31, 2026 and June 30, 2025, respectively | -22.5B | -22.0B | -21.4B | -20.7B |
| Accumulated other comprehensive income/(loss) | ($853.1M) | ($639.7M) | ($730.7M) | ($1.2B) |
| Total stockholders’ equity | $6.4B | $6.4B | $6.4B | $5.9B |
| Total liabilities and stockholders’ equity | $64.5B | $84.6B | $54.3B | $56.4B |
| Line item | Jun 30, 2026 · FY | Jun 30, 2025 · FY | Jun 30, 2024 · FY | Jun 30, 2023 · FY |
|---|---|---|---|---|
| Net earnings | $4.4B | $4.1B | $3.8B | $3.4B |
| Depreciation and amortization | $585.9M | $582.4M | $561.9M | $549.3M |
| Amortization of deferred contract costs | $1.2B | $1.1B | $1.1B | $992.9M |
| Deferred income taxes | $156.4M | $37.0M | ($37.4M) | ($80.1M) |
| Stock-based compensation expense | $242.6M | $266.1M | $243.5M | $220.4M |
| Bad debt expense | $47.5M | $53.2M | $54.6M | — |
| Net pension (income)/expense | ($15.4M) | ($19.7M) | ($22.9M) | ($42.6M) |
| Net accretion of discounts and amortization of premiums on available-for-sale securities | ($88.2M) | ($72.2M) | ($42.6M) | $23.0M |
| Other | $4.2M | $13.4M | ($1.7M) | $71.4M |
| (Increase)/decrease in accounts receivable | $1.0M | ($146.6M) | ($483.7M) | $129.2M |
| Increase in deferred contract costs | ($1.3B) | ($1.3B) | ($1.3B) | — |
| Increase in other assets | ($204.5M) | ($59.8M) | ($157.2M) | ($1.4B) |
| Increase/(decrease) in accounts payable | ($4.5M) | $60.6M | $1.8M | ($11.8M) |
| Increase in accrued expenses and other liabilities | $410.1M | $290.6M | $492.9M | $301.3M |
| Net cash flows provided by operating activities | $5.4B | $4.9B | $4.2B | $4.2B |
| Purchases of corporate and client funds marketable securities | ($12.4B) | ($7.9B) | ($6.8B) | ($6.6B) |
| Proceeds from the sales and maturities of corporate and client funds marketable securities | $8.3B | $6.5B | $6.0B | $4.7B |
| Capital expenditures | ($196.6M) | ($168.7M) | ($208.4M) | ($206.3M) |
| Additions to intangibles | ($468.5M) | ($378.3M) | ($355.0M) | ($365.3M) |
| Acquisitions of businesses, net of cash acquired | ($22.8M) | ($1.2B) | ($33.6M) | ($32.4M) |
| Proceeds from the sale of property, plant, and equipment and other assets | $0 | $10.8M | $28.3M | $0 |
| Other | ($10.9M) | ($14.9M) | ($24.5M) | — |
| Net cash flows used in investing activities | ($4.7B) | ($3.0B) | ($1.4B) | ($2.5B) |
| Net increase/(decrease) in client funds obligations | $13.2B | ($8.3B) | $1.0B | — |
| Net cash (distributed)/received from the Internal Revenue Service | $24.0M | ($552.2M) | — | — |
| Payments of debt | ($1.1M) | ($1.0B) | ($900.0K) | ($1.0M) |
| Proceeds from the issuance of debt | $985.7M | $2.0B | — | $0 |
| Settlement of cash flow hedges | $3.7M | ($15.6M) | — | $0 |
| Repurchases of common stock | ($2.1B) | ($1.3B) | ($1.2B) | ($1.1B) |
| Net (repurchases)/proceeds from stock-based compensation plans and stock purchase plan | ($1.0M) | — | — | — |
| Dividends paid | ($2.6B) | ($2.4B) | ($2.2B) | ($1.9B) |
| Net (payments)/proceeds related to reverse repurchase agreements | $106.2M | ($331.8M) | — | ($44.7M) |
| Net (payments)/proceeds from issuance of commercial paper | ($4.8B) | $4.8B | — | — |
| Net cash flows provided by/(used in) financing activities | $4.9B | ($7.0B) | ($1.4B) | ($15.7B) |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents | ($37.8M) | $37.3M | ($22.4M) | ($21.1M) |
| Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents | $5.6B | ($5.0B) | $1.3B | ($14.0B) |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of year | $5.1B | $10.1B | $8.8B | $22.8B |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of year | $10.6B | $5.1B | $10.1B | $8.8B |
| Cash and cash equivalents | $4.2B | $3.3B | $2.9B | $2.1B |
| Restricted cash and restricted cash equivalents included in funds held for clients | $6.4B | $1.7B | $7.2B | $6.7B |
| Total cash, cash equivalents, restricted cash, and restricted cash equivalents | $10.6B | $5.1B | $10.1B | $8.8B |
| Cash paid for interest | $439.6M | $426.8M | $353.9M | $246.5M |
| Cash paid for income taxes, net of income tax refunds | $1.0B | $1.2B | $1.2B | $1.1B |
| Line item | Mar 31, 2026 · YTD | Dec 31, 2025 · YTD | Sep 30, 2025 · Q1 | Mar 31, 2025 · YTD |
|---|---|---|---|---|
| Net earnings | $3.4B | $2.1B | $1.0B | $3.2B |
| Depreciation and amortization | $438.7M | $292.3M | $146.7M | $436.7M |
| Amortization of deferred contract costs | $899.0M | $598.1M | $298.6M | $852.0M |
| Deferred income taxes | $173.4M | $119.1M | $64.8M | $17.2M |
| Stock-based compensation expense | $182.9M | $131.9M | $58.7M | $202.5M |
| Bad debt expense | $34.4M | $22.5M | $10.3M | $40.2M |
| Net pension (income)/loss | ($11.6M) | ($7.7M) | ($3.8M) | ($14.8M) |
| Net accretion of discounts and amortization of premiums on available-for-sale securities | ($67.2M) | ($45.4M) | ($22.5M) | ($49.8M) |
| Other | $5.0M | $4.2M | $2.5M | $10.8M |
| Increase in accounts receivable | ($33.4M) | $145.9M | $102.0M | ($138.7M) |
| Increase in deferred contract costs | ($892.3M) | ($556.4M) | ($271.4M) | ($890.8M) |
| Increase in other assets | ($327.7M) | ($350.1M) | ($342.4M) | ($154.9M) |
| (Decrease)/increase in accounts payable | ($33.0M) | ($25.0M) | ($38.0M) | $42.0M |
| Increase/(decrease) in accrued expenses and other liabilities | $210.1M | ($629.3M) | ($376.2M) | ($20.9M) |
| Net cash flows provided by operating activities | $4.0B | $1.8B | $642.3M | $3.5B |
| Purchases of corporate and client funds marketable securities | ($9.6B) | ($5.7B) | ($3.6B) | ($5.7B) |
| Proceeds from the sales and maturities of corporate and client funds marketable securities | $6.4B | $3.4B | $1.9B | $3.8B |
| Capital expenditures | ($123.8M) | ($73.2M) | ($46.7M) | ($134.6M) |
| Additions to intangibles | ($352.4M) | ($209.1M) | ($94.1M) | ($276.8M) |
| Acquisitions of businesses, net of cash acquired | ($22.9M) | ($22.9M) | $500.0K | ($1.2B) |
| Proceeds from the sale of property, plant, and equipment and other assets | $0 | $0 | $0 | $3.3M |
| Other | ($23.5M) | ($18.4M) | ($13.7M) | ($11.5M) |
| Net cash flows used in investing activities | ($3.8B) | ($2.5B) | ($1.9B) | ($3.5B) |
| Net increase in client funds obligations | $15.5B | $36.3B | $573.1M | $634.4M |
| Net cash (distributed)/received from the Internal Revenue Service | ($6.8M) | ($1.2M) | ($11.5M) | ($549.2M) |
| Payments of debt | ($800.0K) | ($500.0K) | ($300.0K) | ($900.0K) |
| Proceeds from the issuance of debt | $0 | $0 | $0 | $988.9M |
| Settlement of cash flow hedges | $0 | $0 | $0 | ($12.5M) |
| Repurchases of common stock | ($1.5B) | ($881.8M) | ($366.0M) | ($956.5M) |
| Net (repurchases)/proceeds from stock-based compensation plans and stock purchase plan | ($20.0M) | ($40.0M) | ($57.8M) | — |
| Dividends paid | ($1.9B) | ($1.3B) | ($626.7M) | ($1.8B) |
| Net (payments)/proceeds related to reverse repurchase agreements | ($28.2M) | $18.5M | — | — |
| Net (payments)/proceeds related to commercial paper | ($4.8B) | ($4.8B) | $438.5M | — |
| Net cash flows provided by/(used in) financing activities | $7.3B | $29.3B | $164.1M | ($1.9B) |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents | ($13.7M) | $28.8M | ($6.7M) | ($12.7M) |
| Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents | $7.5B | $28.6B | ($1.1B) | ($1.9B) |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period | $5.1B | $5.1B | $5.1B | $10.1B |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period | $12.6B | $33.7B | $4.0B | $8.2B |
| Cash paid for interest | $328.5M | $253.9M | $130.3M | $339.9M |
| Cash paid for income taxes, net of income tax refunds | $462.1M | $303.7M | $73.8M | $836.9M |
Automatic Data Processing Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.