Paychex closed fiscal 2026 with total revenue up 12% to $1.6 billion and GAAP diluted EPS up 43% to $1.17, though the headline EPS jump largely reflects lower year-over-year Paycor acquisition costs; adjusted diluted EPS rose a more representative 11% to $1.32. Organic revenue growth nearly doubled over the year to a mid-single-digit Q4 exit rate, and management exceeded its Paycor synergy targets while completing the integration and territory realignment. Adjusted operating income margin expanded approximately 170 basis points to 42.1% on productivity gains and cost discipline, and the company launched its Wise AI engine across its HCM platforms. For fiscal 2027, management introduced guidance of 5% to 6% total revenue growth and 7% to 9% adjusted EPS growth, with a float-income headwind of roughly 4% to 5% from prior rate cuts. It was a strong finish with accelerating organic momentum, partly flattered at the GAAP line by acquisition-driven comparisons.