Paychex
Rochester, New York, United States
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 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 | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Paychex serves 740K customers.
Paychex Employees & Team Size
Paychex employs approximately 16K people as of 2026, up from 15K in 2022. It serves 740K customers that rely on its 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) |
Frequently 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.
Compare Paychex to the industry
Paychex operates across multiple industries. Browse revenue, funding, and growth data for Paychex in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Bolt Technology
Bolt Technology OU is an Estonian-based transportation platform. Bolt offers a range of ride-hailing, micromobility, and food delivery services in over 45 countries across Europe, Africa, and other parts of the world. The company was founded in 2013 by Markus Villig and has since become one of the fastest-growing transportation companies in the world, with over 75 million customers and more than 2 million drivers using the platform. Bolt's mission is to make urban transportation more affordable, convenient, and sustainable through the use of technology.
Xiaohongshu
Xiaohongshu is a lifestyle platform that allows users to share shopping experiences through text, images, and videos. It operates in the social media and e-commerce sectors.
Anthropic
We're an AI research company that builds reliable, interpretable, and steerable AI systems. Our first product is Claude, an AI assistant for tasks at any scale. Our research interests span multiple areas including natural language, human feedback, scaling laws, reinforcement learning, code generation, and interpretability.
Revolut
Revolut Group Holdings Ltd, known as Revolut, is a British multinational neobank that provides mobile app-based banking services, money transfers, currency exchange, and financial analytics.
Radius
Radius Payment Solutions is Europe's leading independent service provider to the fleet and logistics market, specializing in payment processing and telematics services for small and medium-sized fleets across Europe, North America, and Asia.
