Company: PAYX
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001193125-25-328698
Chunk: 6

Company: PAYCHEX INC
Filing Date: 2025-12-22
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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 current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to known and unknown uncertainties, risks, changes in circumstances, and other factors that are difficult to predict, many of which are outside our control. Our actual performance and outcomes, including without limitation, our actual results and financial condition may differ materially from those indicated in or suggested by the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:

•our ability to keep pace with changes in technology or provide timely enhancements to our solutions and support;

•software defects, undetected errors, and development delays for our solutions;

•the possibility of cyberattacks, security vulnerabilities or Internet disruptions, including data security and privacy leaks and data loss and business interruptions;

•risks related to our use of artificial intelligence ("AI") and new technologies in our business;

•the possibility of failure of our business continuity plan during a catastrophic event;

•the failure of third-party service providers to perform their functions;

•the possibility that we may be exposed to additional risks related to our co-employment relationship with our professional employer organization (“PEO”) business;

•changes in health insurance and workers’ compensation insurance rates and underlying claim trends;

•risks related to acquisitions and the integration of the businesses we acquire, including risks related to the integration of Paycor;

•our clients’ failure to reimburse us for payments made by us on their behalf;

•the effect of changes in government regulations mandating the amount of tax withheld or the timing of remittances;

•our failure to comply with covenants in our corporate bonds and debt agreements;

•changes in our credit ratings;

•changes in governmental regulations, laws, and policies;

•our ability to comply with U.S., state, and foreign laws and regulations;

•our compliance with data privacy and AI laws and regulations;

•our failure to protect our intellectual property rights;

•potential outcomes related to pending or future litigation matters;