ADP
NASDAQ · Industrials · Staffing & Employment Services · US
Research · Oct 29, 2026
ADP Assist AI Agents Reach 12 Million Conversations at ADP
ADP says its ADP Assist AI agents moved into broad use, with 3.1 million users and 12 million conversations in fiscal 2026, but it has not tied them to its costs.
Research · Oct 29, 2026
ADP Q1 Fiscal 2027 Earnings: Client Funds Interest Up 15%, Outlook Raised
ADP fiscal Q1 2027 revenue rose 6% and client funds interest grew 15%, lifting its full-year interest outlook by $50 million, though fee revenue grew only about 4.8%.
Research · Oct 1, 2026
[ADP] ADP: Q1 Fiscal 2027 Earnings Hinge on Payroll Headcount and Float
ADP grew fiscal 2026 revenue 7% to $21.95 billion as client fund interest rose 13.9%; Q1 must show whether 1% headcount growth still supports 5%-6% Employer Services growth.
Research · Sep 3, 2026
[ADP] ADP Thesis 2026: Lyric HCM Platform Sales Accelerate, Next Cycle Takes Shape
ADP FY25 (Jun 30, 2025 FYE) at $20.56B revenue (+7%). NI $4.08B; EPS $9.98 (+10%). 8th consecutive year margin expansion (+50bp). ADP Lyric HCM new client sales +50%. PEO margin -60bp. FY26 guide: ES +5-6%, bookings +4-7%, PPC 0-1%, retention 91.8-92.0%, FX tailwind, client funds interest increase.