ADP reported solid year-over-year financial performance for the three months ended September 30, 2025 (Q1 FY2026), achieving Total Revenues of \(5.18 billion (up 7%, 6% organic constant currency) and Net Earnings of \)1.013 billion (up 6%), resulting in Diluted EPS of $2.49. Total Expenses grew 8%, outpacing revenue due to higher PEO pass-through costs and increased selling/marketing spend related to the WorkForce Software acquisition amortization.
Segment margins compressed despite revenue growth. Employer Services margin fell slightly to 35.2% due to investment in servicing costs, while PEO S
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