Company: ADP
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000008670-25-000047
Chunk: 26

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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September 30,Types of Revenues20252024HCM$2,155.7 $2,025.4 HRO, excluding PEO zero-margin benefits pass-throughs911.4 865.2 PEO zero-margin benefits pass-throughs1,131.0 1,049.2 Global690.3 639.6 Interest on funds held for clients286.8 253.3 Total Revenues$5,175.2 $4,832.7 

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Reconciliation of disaggregated revenue to our reportable segments for the three months ended September 30, 2025:Types of RevenuesEmployer ServicesPEOOtherTotalHCM$2,158.3 $— $(2.6)$2,155.7 HRO, excluding PEO zero-margin benefits pass-throughs358.4 553.9 (0.9)911.4 PEO zero-margin benefits pass-throughs— 1,131.0 — 1,131.0 Global690.3 — — 690.3 Interest on funds held for clients284.2 2.6 — 286.8 Total Segment Revenues$3,491.2 $1,687.5 $(3.5)$5,175.2 Reconciliation of disaggregated revenue to our reportable segments for the three months ended September 30, 2024:Types of RevenuesEmployer ServicesPEOOtherTotalHCM$2,027.6 $— $(2.2)$2,025.4 HRO, excluding PEO zero-margin benefits pass-throughs342.8 523.0 (0.6)865.2 PEO zero-margin benefits pass-throughs— 1,049.2 — 1,049.2 Global639.6 — — 639.6 Interest on funds held for clients251.0 2.3 — 253.3 Total Segment Revenues$3,261.0 $1,574.5 $(2.8)$4,832.7 Contract BalancesThe timing of revenue recognition for our HCM, HRO and Global Solutions is consistent with the invoicing of clients, as invoicing occurs in the period the services are provided. Therefore, the Company does not recognize a contract asset or liability resulting from the timing of