ADP reports fiscal 2026 revenue of $21.9 billion and guides for 5% to 6% growth in fiscal 2027

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Automatic Data Processing reported fiscal 2026 revenue of $21.9 billion, a 7% increase year over year, with adjusted diluted EPS of $11.12, up 11%. Employer Services new business bookings reached $2.2 billion, growing 6%, while client retention held at 92.1%. For fiscal 2027, the company forecasts consolidated revenue growth of 5% to 6%, adjusted diluted EPS growth of 9% to 11%, and adjusted EBIT margin expansion of 70 to 90 basis points. The outlook assumes stable macroeconomic conditions and includes client funds interest revenue of $1.54 billion to $1.56 billion based on an anticipated average yield of 3.7%. CEO Maria Black highlighted that AI is reshaping work rather than eliminating jobs at scale, with the ADP Assist agent handling 12 million conversations and The Zone service platform reaching 48% of service associates.

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