Automatic Data Processing, Inc. earnings overview

ADP FY2026 Q3 · Calendar Q2 2026

Automatic Data Processing, Inc.

ADP's Q3 FY2026 results extended the company's streak of steady execution, with 7% revenue growth, 80 bps of adjusted EBIT margin expansion, and 10% adjusted EPS growth -- all ahead of consensus. The beat was underpinned by record Employer Services retention, strong international and compliance bookings, and tangible efficiency gains from AI-powered products like ADP Assist and Lyric. Management raised full-year FY2026 guidance for the second consecutive quarter, now projecting 6%-7% revenue growth and 10%-11% EPS growth. The stock responded with an approximate 8% abnormal return on the report day, with continued positive drift of about 2% in the sessions that followed. Analyst price targets as of late July 2026 show a consensus of $254.78 versus a current price of $264.17, suggesting the market has already re-rated the stock above prior expectations.