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Earnings Callsⓘ
Q4 2026August 7, 2026
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Q4 beat expectations, driven by AI efficiency gains and margin expansion.
FY26 revenue 21.9 billion, up 7%, EPS up 11%; Q4 revenue up 7%, EPS up 17%, EBIT margin expanded 140bp. ES bookings 2.2 billion, up 6%, retention 92.1%.
AI is now core: ADP Assist has 3.1 million active users, The Zone covers 48% of service personnel, customer contact volume down 4%. Lyric customers up 94%, International signed multiple large global payroll, HR, and time deals.
FY27 guidance: revenue up 5%–6%, EPS up 9%–11%, EBIT expanding 70–90bp, bookings up 4%–7%, retention expected to dip slightly by 10–30bp.
Management is optimistic, believing AI reshapes rather than eliminates jobs; the risk is that a weaker economy could hit retention.
Q3 2026April 29, 2026
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FinancialsⓘFY2025 · Source: SEC EDGAR 10-K
5y revenue CAGR 8% · latest net margin 19.8%
Revenue$20.6B
Rev. YoY+7.1%
Gross margin46%
Net margin19.8%
Net income$4.08B
Free cash flow—
Operating cash flow$4.94B
ROE65.9%
Source: SEC EDGAR company filings (10-K). Foreign issuers (20-F/IFRS) not yet covered.