ADP Earnings

rm is defined under Section 3(a)(62) of the Exchange Act and (ii) no such organization shall have publicly announced that it has under surveillance or review, or has changed its outlook with respect to, its rating of the Securities or of any other debt securities of or guaranteed by the Company or any of its subsidiaries (other than an announcement with positi

ities across our products, service delivery, and sales organization to fuel our future growth, while continuing to deliver on our financial commitments. Our updated fiscal 2026 guidance reflects stronger revenue and earnings growth." 1 Adjusted EBIT, adjusted EBIT margin, adjusted net earnings, adjusted diluted earnings per share, adjusted effective tax rate a

ures' investments • Fiscal 2026 pre-tax gain of about $2 million related to a partial reversal of the workforce optimization initiative from fiscal 2024 Consolidated Fiscal 2026 Outlook • Revenue growth of 6% to 7% • Adjusted EBIT margin expansion of 70 to 80 basis points • Adjusted effective tax rate of approximately 23% • Diluted EPS growth of 10% to 11% • A

is points • Adjusted effective tax rate of approximately 23% • Diluted EPS growth of 10% to 11% • Adjusted diluted EPS growth of 10% to 11% Employer Services Segment Fiscal 2026 Outlook • Employer Services revenue growth of 6% to 7% • Employer Services new business bookings growth of 4% to 7% • Employer Services client revenue retention decrease of 20 basis po

25 pre-tax gain of about $3 million related to the sale of assets • Fiscal 2025 pre-tax charges of about $19 million related to optimization initiatives Consolidated Fiscal 2026 Outlook • Revenue growth of about 6% • Adjusted EBIT margin expansion of 50 to 70 basis points • Adjusted effective tax rate of approximately 23% • Diluted EPS growth of 9% to 10% • Ad

asis points • Adjusted effective tax rate of approximately 23% • Diluted EPS growth of 9% to 10% • Adjusted diluted EPS growth of 9% to 10% Employer Services Segment Fiscal 2026 Outlook • Employer Services revenue growth of about 6% • Employer Services new business bookings growth of 4% to 7% • Employer Services client revenue retention decrease of 10 to 30 ba

growth of 4% to 7% • Employer Services client revenue retention decrease of 10 to 30 basis points • U.S. pays per control of approximately flat PEO Services Segment Fiscal 2026 Outlook • PEO Services revenue growth of 5% to 7% • PEO Services revenue, excluding zero-margin benefits pass-throughs, growth of 3% to 5% • PEO Services average worksite employee coun