ADP Reports First Quarter Fiscal 2026 Results

Automatic Data Processing, Inc. (ADP) announced its first quarter fiscal 2026 financial results, reporting a 7% increase in revenues to $5.2 billion compared to the same period last year. Net earnings rose 6% to $1.0 billion, while adjusted net earnings also increased by 6% to $1.0 billion. Adjusted EBIT grew by 7% to $1.3 billion, with the adjusted EBIT margin remaining flat at 25.5%. Diluted earnings per share (EPS) increased 6% to $2.49, and adjusted diluted EPS rose 7% to $2.49. ADP maintained its fiscal 2026 outlook, projecting revenue growth of 5% to 6%, adjusted EBIT margin expansion of 50 to 70 basis points, and adjusted diluted EPS growth of 8% to 10%. The company highlighted strong client satisfaction and retention, as well as continued investments in AI to enhance its HR solutions.