Filing Flows › Automatic Data Processing (ADP) › Q1 FY27
Automatic Data Processing (ADP) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 30, 2026
Automatic Data Processing (ADP) reported revenue of $5.5B for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and +0.3% from the quarter before. Operating margin was 23.9%, net earnings $1.1B (20.5% of revenue).
Automatic Data Processing, Q1 FY27: revenue $5.5B (+6% year over year), operating margin 23.9%, net earnings $1.1B, operating cash flow $651M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | +0.3% | +6% |
| Operating profit | $1.3B | +16% | +10% |
| Net earnings | $1.1B | +15% | +11% |
| Operating cash flow | $651M | -54% | +1% |
| Free cash flow | $598M | -56% | +0.5% |
What changed
Revenue was $5.5B in Q1 FY27, up 6% year over year and roughly flat from the previous quarter. HCM was the largest line at 41% of revenue. HCM added $0.10B year over year (up 5%), 32% of the total change.
Operating profit was $1.3B, a 23.9% margin (up 0.8 points year over year). Of the extra revenue versus Q1 FY26, 37% reached operating profit, above the 23% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $1.1B, up 11% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.65B (up 1% year over year), 58% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items used $0.70B. Capital expenditures of $0.05B left free cash flow of $0.60B.
Questions
What was Automatic Data Processing's revenue in the first quarter fiscal 2027?
Automatic Data Processing (ADP) reported revenue of $5.5B for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and +0.3% from the quarter before.
Was Automatic Data Processing profitable in the first quarter fiscal 2027?
Operating profit was $1.3B (23.9% of revenue) and net earnings $1.1B.