Operating Expenses Summary of Paychex, Inc.

Paychex, Inc.'s latest annual operating expenses in 2023 was 1.62 Billion USD , up 6.93% from previous year.
Paychex, Inc.'s latest quarterly operating expenses in 2023 FY was 1.62 Billion USD , up 6.93% from previous quarter.
Paychex, Inc. reported a annual operating expenses of 1.52 Billion USD in annual operating expenses 2022, up 7.46% from previous year.
Paychex, Inc. reported a annual operating expenses of 1.41 Billion USD in annual operating expenses 2021, up 6.83% from previous year.
Paychex, Inc. reported a quarterly operating expenses of 389.5 Million USD for 2023 Q1, down -4.18% from previous quarter.
Paychex, Inc. reported a quarterly operating expenses of 440.2 Million USD for 2023 Q4, up 7.44% from previous quarter.

Annual Operating Expenses Chart of Paychex, Inc. (2023 - 1989)

Historical Annual Operating Expenses of Paychex, Inc. (2023 - 1989)

Year	Operating Expenses	Operating Expenses Growth
2023	1.62 Billion USD	6.93%
2022	1.52 Billion USD	7.46%
2021	1.41 Billion USD	6.83%
2020	1.32 Billion USD	1.98%
2019	1.29 Billion USD	6.2%
2018	1.22 Billion USD	13.74%
2017	1.07 Billion USD	8.42%
2016	992.1 Million USD	4.63%
2015	948.2 Million USD	8.0%
2014	878 Million USD	9.24%
2013	803.7 Million USD	7.15%
2012	750.1 Million USD	7.91%
2011	695.1 Million USD	7.88%
2010	644.3 Million USD	3.51%
2009	622.44 Million USD	4.25%
2008	597.04 Million USD	3.42%
2007	577.32 Million USD	1.3%
2006	569.93 Million USD	22.68%
2005	464.59 Million USD	-20.15%
2004	581.86 Million USD	4.35%
2003	557.59 Million USD	43.96%
2002	387.33 Million USD	4.54%
2001	370.51 Million USD	11.33%
2000	332.8 Million USD	0.17%
1999	332.22 Million USD	14.29%
1998	290.7 Million USD	14.18%
1997	254.6 Million USD	21.53%
1996	209.5 Million USD	19.78%
1995	174.9 Million USD	17.7%
1994	148.6 Million USD	13.96%
1993	130.4 Million USD	14.99%
1992	113.4 Million USD	14.55%
1991	99 Million USD	20.44%
1990	82.2 Million USD	16.93%
1989	70.3 Million USD	22.47%

Year	Operating Expenses	Operating Expenses Growth
2023 Q3	409.7 Million USD	5.7%
2023 Q1	389.5 Million USD	-4.18%
2023 Q4	440.2 Million USD	7.44%
2023 FY	1.62 Billion USD	6.93%
2023 Q2	387.6 Million USD	-0.49%
2022 Q2	358.7 Million USD	-0.25%
2022 Q3	396.2 Million USD	10.45%
2022 Q4	406.5 Million USD	2.6%
2022 FY	1.52 Billion USD	7.46%
2022 Q1	359.6 Million USD	-7.87%
2021 Q4	390.3 Million USD	8.12%
2021 Q1	327.5 Million USD	-8.93%
2021 FY	1.41 Billion USD	6.83%
2021 Q2	336.6 Million USD	2.78%
2021 Q3	361 Million USD	7.25%
2020 Q1	341.1 Million USD	5.34%
2020 FY	1.32 Billion USD	1.98%
2020 Q2	309.5 Million USD	-9.26%
2020 Q3	314.7 Million USD	1.68%
2020 Q4	359.6 Million USD	14.27%
2019 FY	1.29 Billion USD	6.2%
2019 Q1	317.5 Million USD	-7.65%
2019 Q2	325.6 Million USD	2.55%
2019 Q3	332.3 Million USD	2.06%
2019 Q4	323.8 Million USD	-2.56%
2018 Q3	315.8 Million USD	10.11%
2018 Q4	343.8 Million USD	8.87%
2018 Q1	277 Million USD	-3.48%
2018 Q2	286.8 Million USD	3.54%
2018 FY	1.22 Billion USD	13.74%
2017 Q2	245.6 Million USD	2.46%
2017 Q4	287 Million USD	-5.37%
2017 FY	1.07 Billion USD	8.42%
2017 Q1	239.7 Million USD	-10.66%
2017 Q3	303.3 Million USD	23.49%
2016 Q1	237.4 Million USD	-7.73%
2016 FY	992.1 Million USD	4.63%
2016 Q2	234 Million USD	-1.43%
2016 Q3	252.4 Million USD	7.86%
2016 Q4	268.3 Million USD	6.3%
2015 FY	948.2 Million USD	8.0%
2015 Q4	257.3 Million USD	4.3%
2015 Q2	223 Million USD	0.81%
2015 Q1	221.2 Million USD	-6.67%
2015 Q3	246.7 Million USD	10.63%
2014 Q2	207 Million USD	0.98%
2014 Q3	229 Million USD	10.63%
2014 Q4	237 Million USD	3.49%
2014 FY	878 Million USD	9.24%
2014 Q1	205 Million USD	-3.62%
2013 Q2	194.2 Million USD	3.24%
2013 FY	803.7 Million USD	7.15%
2013 Q4	212.7 Million USD	1.92%
2013 Q3	208.7 Million USD	7.47%
2013 Q1	188.1 Million USD	-7.25%
2012 Q1	176 Million USD	-4.4%
2012 Q3	196.2 Million USD	12.05%
2012 Q4	202.8 Million USD	3.36%
2012 FY	750.1 Million USD	7.91%
2012 Q2	175.1 Million USD	-0.51%
2011 FY	695.1 Million USD	7.88%
2011 Q2	162.6 Million USD	-2.28%
2011 Q3	182 Million USD	11.93%
2011 Q1	166.4 Million USD	-3.31%
2011 Q4	184.1 Million USD	1.15%
2010 Q3	165.8 Million USD	11.2%
2010 Q1	157.3 Million USD	-1.39%
2010 Q2	149.1 Million USD	-5.21%
2010 Q4	172.1 Million USD	3.8%
2010 FY	644.3 Million USD	3.51%
2009 Q3	175.06 Million USD	24.28%
2009 Q2	140.86 Million USD	-4.18%
2009 FY	622.44 Million USD	4.25%
2009 Q4	159.51 Million USD	-8.88%
2009 Q1	147 Million USD	-5.01%
2008 Q3	156.67 Million USD	10.66%
2008 Q4	154.74 Million USD	-1.23%
2008 Q1	144.03 Million USD	-6.14%
2008 Q2	141.58 Million USD	-1.7%
2008 FY	597.04 Million USD	3.42%
2007 Q4	153.45 Million USD	1.77%
2007 Q1	137.22 Million USD	-19.03%
2007 FY	577.32 Million USD	1.3%
2007 Q2	135.86 Million USD	-0.99%
2007 Q3	150.77 Million USD	10.98%
2006 Q1	124.93 Million USD	-1.44%
2006 Q3	153.76 Million USD	26.28%
2006 Q4	169.48 Million USD	10.23%
2006 FY	569.93 Million USD	22.68%
2006 Q2	121.75 Million USD	-2.54%
2005 FY	464.59 Million USD	-20.15%
2005 Q4	126.75 Million USD	1.81%
2005 Q3	124.5 Million USD	17.61%
2005 Q2	105.86 Million USD	-1.5%
2005 Q1	107.47 Million USD	-29.75%
2004 Q3	152.44 Million USD	8.53%
2004 Q4	152.99 Million USD	0.36%
2004 Q2	140.45 Million USD	3.31%
2004 Q1	135.96 Million USD	-17.77%
2004 FY	581.86 Million USD	4.35%
2003 FY	557.59 Million USD	43.96%
2003 Q1	122.5 Million USD	76.23%
2003 Q2	122.84 Million USD	0.28%
2003 Q3	146.89 Million USD	19.57%
2003 Q4	165.34 Million USD	12.56%
2002 Q1	94.25 Million USD	-3.04%
2002 FY	387.33 Million USD	4.54%
2002 Q4	69.51 Million USD	-40.88%
2002 Q3	117.57 Million USD	10.93%
2002 Q2	105.99 Million USD	12.46%
2001 Q4	97.2 Million USD	-1.66%
2001 Q1	87.29 Million USD	46.54%
2001 Q3	98.84 Million USD	13.39%
2001 Q2	87.17 Million USD	-0.14%
2001 FY	370.51 Million USD	11.33%
2000 Q1	88.43 Million USD	-1.88%
2000 FY	332.8 Million USD	0.17%
2000 Q2	86.99 Million USD	-1.64%
2000 Q3	97.8 Million USD	12.42%
2000 Q4	59.57 Million USD	-39.09%
1999 FY	332.22 Million USD	14.29%
1999 Q1	77.1 Million USD	2.66%
1999 Q2	77.4 Million USD	0.39%
1999 Q3	87.5 Million USD	13.05%
1999 Q4	90.12 Million USD	3.0%
1998 Q4	75.1 Million USD	-2.97%
1998 FY	290.7 Million USD	14.18%
1998 Q1	69.3 Million USD	-6.73%
1998 Q2	68.9 Million USD	-0.58%
1998 Q3	77.4 Million USD	12.34%
1997 Q4	74.3 Million USD	18.5%
1997 Q1	58.3 Million USD	-4.74%
1997 FY	254.6 Million USD	21.53%
1997 Q2	59.3 Million USD	1.72%
1997 Q3	62.7 Million USD	5.73%
1996 Q2	47.6 Million USD	2.81%
1996 Q4	61.2 Million USD	12.5%
1996 Q3	54.4 Million USD	14.29%
1996 Q1	46.3 Million USD	1.76%
1996 FY	209.5 Million USD	19.78%
1995 Q1	41.5 Million USD	2.72%
1995 FY	174.9 Million USD	17.7%
1995 Q2	41.6 Million USD	0.24%
1995 Q3	46.3 Million USD	11.3%
1995 Q4	45.5 Million USD	-1.73%
1994 Q2	35.1 Million USD	0.29%
1994 Q4	40.4 Million USD	6.04%
1994 FY	148.6 Million USD	13.96%
1994 Q1	35 Million USD	0.86%
1994 Q3	38.1 Million USD	8.55%
1993 Q1	30.8 Million USD	0.65%
1993 FY	130.4 Million USD	14.99%
1993 Q2	31.3 Million USD	1.62%
1993 Q3	33.6 Million USD	7.35%
1993 Q4	34.7 Million USD	3.27%
1992 Q1	26.9 Million USD	0.0%
1992 FY	113.4 Million USD	14.55%
1992 Q2	27 Million USD	0.37%
1992 Q3	28.9 Million USD	7.04%
1992 Q4	30.6 Million USD	5.88%
1991 Q4	26.9 Million USD	6.32%
1991 Q1	23.3 Million USD	3.56%
1991 Q2	23.5 Million USD	0.86%
1991 Q3	25.3 Million USD	7.66%
1991 FY	99 Million USD	20.44%
1990 FY	82.2 Million USD	16.93%
1990 Q3	21 Million USD	7.14%
1990 Q2	19.6 Million USD	2.08%
1990 Q1	19.2 Million USD	0.52%
1990 Q4	22.5 Million USD	7.14%
1989 Q4	19.1 Million USD	3.8%
1989 Q2	16.4 Million USD	0.0%
1989 Q1	16.4 Million USD	118.85%
1989 FY	70.3 Million USD	22.47%
1989 Q3	18.4 Million USD	12.2%

Peer Operating Expenses Comparison of Paychex, Inc.

Name	Operating Expenses	Operating Expenses Difference
Amadeus FiRe AG	155.08 Million EUR	-948.688%

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Paychex, Inc. (PCX.DE)

Operating Expenses Summary of Paychex, Inc.

Annual Operating Expenses Chart of Paychex, Inc. (2023 - 1989)

Historical Annual Operating Expenses of Paychex, Inc. (2023 - 1989)

Peer Operating Expenses Comparison of Paychex, Inc.