Automatic Data Processing, Inc.

Automatic Data Processing, Inc. Earnings Recaps

ADP Industrials 3 recaps
Q3 2026 Apr 30, 2026

Shares rose 6.4% following ADP’s Q3 print, as revenue growth, margin expansion, and EPS all came in ahead of expectations. The market responded positively to outperformance across key metrics and constructive commentary on AI-driven product innovation.

Key takeaways
  • Employer Services new business bookings posted solid growth, with international and compliance solutions performing especially well.
  • Insurance and retirement services continued to drive gains within the small business portfolio.
  • Retention rate and overall client satisfaction both reached new record highs for a third quarter.
  • Management highlighted significant adoption and tangible time savings from new AI-driven products, including ADP Assist agents and Lyric HCM.
  • Strategic expansion of the AI ecosystem, including broader third-party integrations via the ADP Marketplace, was called out as a recent milestone.
Full recap
Q2 2026 Jan 28, 2026

Automatic Data Processing, Inc. reported robust second quarter results for Fiscal 2026, achieving 6% revenue growth, 11% adjusted EPS growth, and an 80 basis points increase in adjusted EBIT margin, all while enhancing its strategic positioning in the HCM technology space.

Key takeaways
  • Strong performance driven by broad-based growth, especially in international, US enterprise, and compliance sectors.
  • New business bookings in employer services grew significantly, supported by a record-high client satisfaction rate.
  • Continued advancements in HCM technology platforms, with notable traction and new sales from Workforce Now NextGen and ADP Lyric.
  • Successful integration of Workforce Software enhances the ADP Workforce Suite, driving incremental deals.
  • AI initiatives are gaining momentum, offering innovative client-facing solutions to streamline processes and enhance decision-making.
Full recap
Q4 2025 Aug 1, 2025

ADP delivered solid Q4 results, achieving 8% revenue growth and 9% adjusted EPS growth for the fiscal year 2025 while expanding margins and enhancing client retention.

Key takeaways
  • Fourth quarter revenue increased by 8% year-over-year, with adjusted EBIT margin expanding by 40 basis points.
  • Full-year adjusted EPS grew by 9%, driven by strong client satisfaction and retention rates, which rose to 92.1%.
  • New business bookings in Employer Services totaled $2.1 billion, showing 3% growth despite macroeconomic challenges, particularly in international markets.
  • Notable advancements in AI and technology include a 50% increase in clients for the ADP Lyric HCM platform and continued rollout of ADP Assist, enhancing client engagement and operational efficiencies.
  • Strategic acquisitions, including WorkForce Software, aim to enhance global payroll capabilities and broaden workforce management offerings.
Full recap