What is Paychex's backlog?

Paychex reported $90.8M of remaining performance obligations at 31 Aug 2026, up 1% from a year earlier. That is 0.0 years of trailing revenue already under contract.

Paychex (PAYX) backlog: remaining performance obligations

How much revenue Paychex already has under contract, how fast it converts, and who it is with.

Data as of 7 Nov 2026.

Open the interactive Backlog view Paychex competitor analysis

Paychex reported $90.8M of remaining performance obligations at 31 Aug 2026, up 1% from a year earlier. That is 0.0 years of trailing revenue already under contract.
The company reports 39% of the backlog due within the first 9 months.
Customer prepayments (contract liabilities) cover 100.0% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -13 points — revenue is catching up with orders.
By backlog size it ranks 437th among US filers the cockpit tracks.

Paychex backlog history

Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).

Amounts in USD. Source: SEC XBRL filings.
Quarter end	Backlog (RPO)	TTM revenue	Customer prepayments
31 Aug 2026	$90.8M	$6.60B	$90.8M
28 Feb 2026	$92.3M	$6.33B	$92.3M
30 Nov 2025	$90.5M	$6.03B	$90.5M
31 Aug 2025	$90.0M	$5.79B	$90.0M
28 Feb 2025	$75.6M	$5.44B	$75.6M
30 Nov 2024	$74.0M	$5.37B	$74.0M
31 Aug 2024	$73.4M	$5.31B	$73.4M
29 Feb 2024	$73.3M	$5.21B	$73.3M
30 Nov 2023	$69.8M	$5.15B	$69.8M
31 Aug 2023	$67.0M	$5.09B	$67.0M
28 Feb 2023	$58.5M	$4.92B	$58.5M
30 Nov 2022	$55.2M	$4.82B	$55.2M

Questions

What is Paychex's backlog?: Paychex reported $90.8M of remaining performance obligations at 31 Aug 2026, up 1% from a year earlier. That is 0.0 years of trailing revenue already under contract.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.