NASDAQ$ADP

Automatic Data Processing Inc · Q3 2026 earnings

Q3 2026 earnings · · Before market open · Investor relations

Briefing

ADP reported fiscal Q3 2026 revenue of $5.94B and diluted EPS of $3.38, up 10% year over year.

Fiscal Q3 2026 total revenues increased on new business bookings, client retention, and higher interest on funds held for clients ($403.9 million in the quarter). Diluted EPS was $3.38 (+10%); adjusted diluted EPS growth was 9% per MD&A.

  • Total revenues ~$5.94B; interest on client funds $403.9M.
  • Diluted EPS $3.38 (+10% YoY).
  • Employer Services and PEO segments discussed.
  • Client funds balances and rate environment affect NII.

Headline financials

Total Revenue

$5.94B

Previous: $5.55B+7.0%
EPS (adj)

$3.38

Previous: $3.06+10.5%
Capital Expenditures

-$124M

Previous: -$135M+8.0%
Free Cash Flow

$3.89B

No prior period
Net Income

$1.36B

Previous: $1.25B+8.8%
Operating Income

-$6.88B

Previous: $1.62B-524.3%
Gross Profit

$2.87B

Previous: $2.9B-1.0%
Cash & Equivalents

$3.23B

No prior period
Total Assets

$64.5B

No prior period

Revenue & EPS history

ADP · Revenue · Quarterly

$5.94B

Q3 2026+7%vs Q3 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

ADP · $4.52B total across 2 segments · Q1 2024

  • Employer Services
    $3.05B+9.2%
  • PEO Services
    $1.47B+2.8%

Forward guidance

Management outlook in the 10-Q covers operating priorities, capital allocation, and sector risks; numeric multi-quarter EPS bridges are limited.

Tailwinds

  • MD&A highlights strategic priorities and liquidity.
  • Segment or product trends support the core business narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

-0.1%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+2.6%

Avg return

30 days after

50%

35 / 70 earnings

Positive

+10.8%

Q4 2017

Best reaction

-9.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%+6.1%+11.4%
Q2 2026-1.2%-6.2%-14.5%
Q1 2026-6.6%-8.0%-8.7%
Q3 2025+1.6%+2.8%+10.1%
Q2 2025+0.8%+3.0%+5.7%
Q1 2025+0.4%+0.7%+6.6%
Q4 2024+1.4%+0.2%+7.0%
Q3 2024+0.1%+0.4%+1.3%
Q2 2024+3.6%+4.1%+4.7%
Q1 2024-9.0%-10.1%-4.1%
Q4 2023+4.3%+2.8%+5.2%
Q3 2023+2.1%+4.5%+0.4%
Q2 2023-5.7%-7.0%-7.3%
Q1 2023-1.2%+1.7%+11.0%
Q4 2022+9.9%+10.7%+14.9%
Q3 2022+3.3%-1.3%+1.1%
Q2 2022-9.4%-4.9%-5.8%
Q1 2022+1.9%+1.5%+4.9%
Q4 2021+0.5%+0.8%+0.5%
Q3 2021-3.8%-2.3%+0.1%
Q2 2021+1.3%+1.1%+5.8%
Q1 2021+8.3%+10.6%+20.0%
Q4 2020-9.4%-8.3%-3.6%
Q3 2020+2.6%+1.0%+2.4%
Q2 2020-1.8%-2.4%-13.2%
Q1 2020-0.4%-0.6%+4.9%
Q4 2019-0.4%-3.2%+2.9%
Q3 2019-3.6%-2.5%-2.6%
Q2 2019+4.4%+7.2%+14.9%
Q1 2019+2.7%+3.0%+7.4%
Q4 2018-1.4%+0.4%+8.7%
Q3 2018+3.6%+5.7%+11.7%
Q2 2018-0.3%-5.6%-6.0%
Q1 2018-2.7%-2.3%-1.4%
Q4 2017+10.8%+10.2%-1.3%
Q3 2017-4.7%-7.0%-2.9%
Q2 2017-4.6%-4.5%+3.5%
Q1 2017+2.8%+4.2%+9.6%
Q4 2016-6.3%-7.3%-5.4%
Q3 2016-1.9%
Q2 2016+0.8%
Q1 2016-2.2%
Q4 2015-3.1%
Q3 2015+0.7%
Q2 2015+2.4%
Q1 2015+2.2%
Q4 2014-0.7%
Q3 2014+0.8%
Q2 2014-1.0%
Q1 2014-1.7%
Q4 2013-0.7%
Q3 2013+1.9%
Q2 2013+2.0%
Q1 2013-0.7%
Q4 2012-1.4%
Q3 2012-1.6%
Q2 2012-1.6%
Q1 2012-0.7%
Q4 2011-0.7%
Q3 2011+0.7%
Q3 2010+0.7%
Q2 2011+0.1%
Q1 2011-0.7%
Q4 2008-0.2%
Q4 2010-0.2%
Q2 2009+0.7%
Q2 2010+0.7%
Q1 2009+1.7%
Q1 2010+1.7%
Q4 2009+1.7%

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