September 26, 202616 min readPaychex Q1 FY2027 Earnings: 38% Margin, $4.35B Client FloatPaychex Q1 FY2027 revenue rose 6% to $1.63B and operating margin hit 38.0%, while $4.35B of client payroll funds earned $49.8M of interest.Mike Thriftpaychexopen-ledgerfinancial-analysis