AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

ADP · NASDAQ · Software - Application

ADP (ADP)

Runs payroll, human capital management and outsourced HR for employers of every size.

$269.64

After hours+0.01 (+0.00%)

At close$269.63(−0.11%)

In millions of USD, except per-share figures

In millions	Q1 FY24Sep 2023	Q2 FY24Dec 2023	Q3 FY24Mar 2024	Q4 FY24Jun 2024	Q1 FY25Sep 2024	Q2 FY25Dec 2024	Q3 FY25Mar 2025	Q4 FY25Jun 2025	Q1 FY26Sep 2025	Q2 FY26Dec 2025	Q3 FY26Mar 2026	Q4 FY26Jun 2026
Revenue	4,512	4,668	5,254	4,769	4,833	5,048	5,553	5,127	5,175	5,359	5,939	5,474
Cost of revenue	2,299	2,353	2,551	2,408	2,424	2,527	2,682	2,548	2,836	2,890	3,072	2,574
Gross profit	2,213	2,315	2,703	2,360	2,408	2,521	2,871	2,579	2,339	2,470	2,867	2,900
	1,097	1,131	1,158	1,263	1,136	1,221	1,238	1,372	2,462	1,192	1,082	1,762
Research & development	237	229	243	248	233	240	247	269	251	258	0	266
	860	902	915	1,015	904	982	991	1,103	1,006	1,068	1,082	1,252
General & administrative	0	0	0	0	0	0	0	0	0	0	1,082	1,252
Other expenses	0	0	0	0	0	0	0	0	1,204	−134	0	244
Operating income	1,117	1,184	1,545	1,098	1,272	1,300	1,633	1,207	−123	1,277	1,786	1,138
	−24	−40	2	−8	−36	−39	−11	−16	1,430	106	−4	120
Interest income	47	57	56	82	92	84	56	88	102	102	64	109
Interest expense	93	106	62	103	137	128	73	114	135	124	79	121
Other non-operating income	−69	−66	−63	−95	−101	−90	−62	−92	−1,565	−230	11	0
Income before tax	1,093	1,144	1,546	1,089	1,236	1,261	1,622	1,191	1,308	1,383	1,782	1,258
Income tax expense	233	265	361	260	280	298	372	280	295	321	422	279
Net income from continuing operations	859	878	1,185	829	956	963	1,250	911	1,013	1,062	1,360	979
Net income	859	878	1,185	829	956	963	1,250	911	1,013	1,062	1,360	979
EPS, basic	$2.09	$2.14	$2.89	$2.03	$2.34	$2.36	$3.07	$2.24	$2.50	$2.63	$3.39	$2.45
EPS, diluted	$2.08	$2.13	$2.88	$2.02	$2.34	$2.36	$3.06	$2.23	$2.49	$2.63	$3.38	$2.45
Weighted average shares, basic	412	411	411	409	408	408	407	406	405	404	401	399
Weighted average shares, diluted	414	413	412	411	410	409	409	408	407	405	402	399
EBITDA	1,327	1,390	1,753	1,328	1,512	1,541	1,842	1,421	1,566	1,630	1,896	1,261
Depreciation & amortization	142	140	145	136	139	151	147	122	123	123	122	123
EBIT	1,186	1,250	1,608	1,193	1,373	1,390	1,695	1,299	1,443	1,507	1,774	1,138