Automatic Data Processing ADP
In 1949, our founders established ADP with a simple, innovative idea: help clients focus on their business by solving their payroll challenges. 10-K, Item 1
- Headquarters
- Roseland, NJ
- CEO
- Maria Black
- Next results
- around Jan 27, 2027
Where each dollar of revenue went, FY2026
Revenue of $21.9B through the costs to a net profit of $4.4B · income statement of the 10-K
ADP among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
6 new risk paragraphs. 10-K filed Aug 5, 2026 against Aug 6, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
10 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 10 checks found nothing to note
-
Receivables -1.6% vs revenue +6.7% (-8.4 pts)
-
Cash from operations $5.4B vs net income $4.4B (FY ending Jun 30, 2026)
-
Same auditor in both 10-Ks: Deloitte & Touche LLP
7 more checks with nothing to note
-
No statement of substantial doubt about going concern
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
The same matters as last year: Goodwill - Employer Services Reportable Segment; Client Funds Obligations
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
6 paragraphs in Risk Factors that were not in the 10-K filed Aug 6, 2025. Quoted as filed.
-
Item 1A · new paragraph · not in the 10-K filed Aug 6, 2025 10-K, ITEM 1A
For our PEO to sponsor many of its employee benefit plan offerings, it must qualify as the employer of the WSEs under certain provisions of the Internal Revenue Code and ERISA. Additionally, our PEO’s status as an employer for purposes of ERISA is important because ERISA preempts certain state laws that could limit our PEO’s ability to…
-
Item 1A · new paragraph · not in the 10-K filed Aug 6, 2025 10-K, ITEM 1A
The collection, storage, hosting, transfer, processing, disclosure, use, security and retention and destruction of personal information required to provide our services is subject to federal, state and foreign privacy, data protection and cyber security laws. These laws, which are not uniform, generally do one or more of the following:…
-
Item 1A · new paragraph · not in the 10-K filed Aug 6, 2025 10-K, ITEM 1A
In addition, laws and regulations covering marketing, advertising, and email, telephone and text messaging communications, including the Telephone Consumer Protection Act, are applicable to our business. Claims that we have violated such laws or regulations could expose us to costly litigation, and if successful, significant statutory…
-
Item 1A · new paragraph · not in the 10-K filed Aug 6, 2025 10-K, ITEM 1A
Our payroll and tax processing services involve the collection, custody and transmission of a significant volume of funds in short-time frames. Our operations and the systems on which we rely have been, and may in the future be, subject to processing, technological, fraud-related or human errors, as well as failures, delays or…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Revenue | $18.0B | $19.2B | $20.6B | $21.9B |
| Net income | $3.4B | $3.8B | $4.1B | $4.4B |
| Operating cash flow | $4.2B | $4.2B | $4.9B | $5.4B |
Revenue, FY2017 to FY2026
Ten fiscal years, each from its own 10-K · XBRL · USD
$21.9B ▲ 6.7% in FY2026$4.4B ▲ 8.2% in FY2026
Recent filings
2 filings in the last 30 days · SEC EDGAR
-
10-QOct 30, 2026Quarterly report (10-Q) period ended Sep 30, 2026
-
8-KOct 28, 2026Quarterly results 8-K item 2.02
About the company
Automatic Data Processing, Roseland, NJ · from the 10-K filed Aug 5, 2026
In 1949, our founders established ADP with a simple, innovative idea: help clients focus on their business by solving their payroll challenges. In the 77 years since, we have led the Human Capital Management (“HCM”) industry in innovation. We were the first in HCM to deliver automation, move to the cloud, provide a mobile app, and create an online marketplace. Today, we continue that legacy with artificial intelligence (“AI”), building AI into the very core of how we orchestrate, govern and execute HR and pay processes for real-world outcomes.
- Headquarters
- Roseland, NJ
- Country
- United States
- Listed on
- Nasdaq
- Fiscal year ends
- June 30
- Last results
- Oct 28, 2026
- Incorporated in
- DE
Email alerts
Sources
The 10-K filed Aug 5, 2026 (open at SEC), compared with the 10-K filed Aug 6, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/ADP/export.csv") into a cell.