Paychex
Valuation
$16.3B
2025 Revenue
$5.4B
Customers
740K
Funding
$0
Avg ACV
$7.4K
Team
16K
Profits
$1
Churn
5%
How Paychex CEO John Gibson grew Paychex to $5.4B revenue and 740K customers in 2025.
Paychex, Inc. (Nasdaq: PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services.
Last updated
Paychex Revenue
In 2025, Paychex's revenue reached $5.4B. The company previously reported $4.6B in 2022. Since its launch in 1971, Paychex has shown consistent revenue growth.
Paychex Valuation, Funding Rounds
Paychex's most recent disclosed valuation is $16.3B.
Paychex is a bootstrapped HRMS & HCM Software startup. Founded in 1971, Paychex has grown to $5.4B in revenue without raising any venture capital or outside funding.
As a self-funded HRMS & HCM Software SaaS company, Paychex has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Paychex Employees & Team Size
Paychex employs approximately 16K people as of 2026, up from 15K in 2022.
Paychex has 16K total employees in different roles and functions. They have 740K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 16K employees (May 2025) |
| 2022 | Reached 15K employees (May 2022) |
| 2020 | Reached 15.2K employees (May 2020) |
| 2016 | Reached 13.8K employees (May 2016) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Paychex acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Paychex
What is Paychex's revenue?
Paychex generates $5.4B in revenue.
Who is the CEO of Paychex?
The CEO of Paychex is John Gibson.
How much funding does Paychex have?
Paychex raised $0.
How many employees does Paychex have?
Paychex has 16K employees.
Where is Paychex headquarters?
Paychex is headquartered in Rochester, New York, United States.
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Compare Paychex to the industry
Paychex operates across multiple industries. Browse revenue, funding, and growth data for Paychex in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .