Slide 1: ADP Earnings Call & Webcast Q3 Fiscal 2026
ADP Earnings Call & Webcast Q3 Fiscal 2026 April 29, 2026 Copyright © 2026 ADP, Inc.
Slide 2: Disclaimers
DISCLAIMERS FORWARD-LOOKING STATEMENTS This document and other written or oral statements made from time to time by ADP may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature and which may be i
Slide 3: Strong Q3 Performance; Guidance Raised
STRONG Q3 PERFORMANCE; GUIDANCE RAISED • 7% revenue growth and 10% adjusted diluted EPS1 growth • Solid Employer Services new business bookings growth • Employer Services retention and overall client satisfaction reached new record highs for a third quarter • Raising fiscal 2026 guidance for revenue
Slide 4: Financial Highlights
Q3 FISCAL (Unaudited) 2026 FINANCIAL HIGHLIGHTS TOTAL REVENUES ADJUSTED EBIT1 ADJUSTED DILUTED EPS1 7% 10% 10% 6% Organic Constant Currency1 Adjusted EBIT1 Margin 80 bps $5,939M $1,791M $3.37 $5,553M $1,630M $3.06 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 1. For a reconciliation of t
Slide 5: Employer Services Segment Results
Q3 FISCAL (Unaudited) 2026 EMPLOYER SERVICES SEGMENT RESULTS ES REVENUES ES MARGIN FY26 ES OUTLOOK 7% 130 bps January 28, April 29, 5% Organic Constant Currency1 2026 2026 Revenues ~6% 6 to 7% $4,036M 41.1% ES New Business 4 to 7% 4 to 7% $3,768M Bookings Client Revenue 39.8% (30) to (10) bp
Slide 6: PEO Services Segment Results
Q3 FISCAL (Unaudited) 2026 PEO SERVICES SEGMENT RESULTS PEO REVENUES PEO MARGIN FY26 PEO OUTLOOK 7% 120 bps January 28, April 29, 2026 2026 $1,906M 14.2% Revenues 5 to 7% 6 to 7% $1,789M 13.0% Revenues Ex ZMPT 3 to 5% 4 to 5% Average WSEs ~2% ~2% Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 • Revenues excl
Slide 7: Fiscal 2026 Outlook
FISCAL 2026 OUTLOOK July 30, 2025 October 29, 2025 January 28, 2026 April 29, 2026 Fiscal 2025 Fiscal 2026 Fiscal 2026 Fiscal 2026 Fiscal 2026 (unaudited) 1 1 1 1 Outlook Outlook Outlook Outlook Revenues $20,561M 5 to 6% 5 to 6% ~6% 6 to 7% 2 Adj. EBIT Margin 26.0% 50 to 70 bps 50 to 70 bps 50 to 70
Slide 8: Appendix: Client Funds Investment Strategy Detail
APPENDIX: CLIENT FUNDS INVESTMENT STRATEGY DETAIL Interest Income / (Expense) Average Balances ($) Average Rates ($) April 29, 2026 April 29, 2026 April 29, 2026 Fiscal 2025 Fiscal 2025 Fiscal 2025 Fiscal 2026 Fiscal 2026 Fiscal 2026 (unaudited) 1 (unaudited) 1 (unaudited) 1 Outlook Outlook Outlook