Earnings Releases·Oct 28, 2026, 6:55 AM ET

ADP — First Quarter Fiscal 2027 Earnings Summary

Consolidated revenues grew 6% year-over-year to $5.5 billion, while net earnings and adjusted net earnings rose 11% to $1.1 billion; adjusted diluted EPS increased 13% to $2.82 and adjusted EBIT margin expanded 130 basis points to 26.8%.
The company raised full-year fiscal 2027 guidance, projecting revenue growth of approximately 6% (up from 5% to 6%) and adjusted diluted EPS growth of 10% to 12% (up from 9% to 11%).
Capital allocation included $758.8 million in common stock repurchases and $677.0 million in dividends paid, with long-term debt standing at $4.97 billion as of September 30, 2026.
Segment performance showed 6% revenue growth in Employer Services and 7% growth in PEO Services, driven by a 2% increase in U.S. pays per control and 771,000 average worksite employees paid, respectively.
Management highlighted a disciplined investment approach supporting AI transformation, with interest on client funds projected to reach $1.59 to $1.61 billion for fiscal 2027 based on anticipated balance growth and yield increases.