Here is Why Paychex (PAYX) is One of the Best QQQ Stocks to Buy Now

Paychex Inc. (NASDAQ:PAYX) is one of the 9 Best QQQ Stocks to Buy Now. ​On March 25, Paychex reported its financial results for FQ3 2026, highlighting a 20% increase in total revenue to $1.8 billion. This growth was driven by the Management Solutions segment, which rose 23% to $1.4 billion, aided by the April 2025 acquisition of Paycor. Operating income for the quarter increased 14% to $792.0 million, while adjusted operating income grew 22% to $863.2 million. Diluted EPS reached $1.56, representing a 9% increase.

Total expenses rose 24% during the quarter to $1 billion, primarily due to compensation-related costs and the amortization of intangible assets following the Paycor acquisition. Despite these costs, the adjusted operating margin improved to 47.7% from 46.9% in the prior year. Fiscal year-to-date, Paychex has returned over $1.5 billion to shareholders through $1.2 billion in dividends and $361.6 million in share repurchases.

The company’s financial position remains robust, with $1.8 billion in cash and corporate investments against $5 billion in total borrowings as of February 28. Paychex Inc. (NASDAQ:PAYX) updated its full FY2026 outlook, specifically raising the anticipated interest on funds held for clients to a range of $200 to $210 million. All other guidance remains unchanged, though the company noted that its projections assume current market conditions and exclude ongoing acquisition-related costs.

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Paychex Inc. (NASDAQ:PAYX) provides integrated human capital management/HCM solutions focused on payroll, HR, benefits, and insurance for small- to medium-sized businesses mainly in the US and Europe. It uses its SaaS platforms like Paychex Flex and SurePayroll to offer services.

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