---
schema_version: "secwatch.filing_event.v1"
accession: "0000008670-23-000010"
form_type: "8-K"
ticker: "ADP"
cik: "0000008670"
company_name: "AUTOMATIC DATA PROCESSING INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:50:39.418636+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ADP Q3 FY2023 revenue up 9% to $4.9B; EPS $2.51, guidance raised

## Summary
- Revenues $4.9B (+9% YoY); organic constant currency growth 10%.
- Net earnings $1.0B (+12%); adjusted EBIT $1.4B (+14%), margin 27.8% (+110 bps).
- Diluted EPS $2.51 (+14%); adjusted diluted EPS $2.52 (+14%).
- Full-year adjusted diluted EPS guidance raised; Q3 new business bookings and client retention healthy.

## SEC filing metadata
- accession: 0000008670-23-000010
- form_type: 8-K
- ticker: ADP
- cik: 0000008670
- company_name: AUTOMATIC DATA PROCESSING INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8670/000000867023000010/0000008670-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8670/000000867023000010/adp-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008670-23-000010
- JSON: https://secwatch.observer/filing/0000008670-23-000010.json
- Plain text: https://secwatch.observer/filing/0000008670-23-000010.txt

## Key facts
- Earnings Releases
  AUTOMATIC DATA PROCESSING INC reported third quarter ended March 31, 2023 results: revenue $4.9 billion, net income $1.0 billion, EPS $2.51. Guidance raised.
  - Period: third quarter ended March 31, 2023
  - Revenue: $4.9 billion
  - Net income: $1.0 billion
  - EPS: $2.51
  - Guidance: raised
  - Result: reported results
  source text: (EXHIBIT 99) --- EX-99 2 q3fy23exhibit99.htm EXHIBIT 99 Document ADP Reports Third Quarter Fiscal 2023 Results • Revenues increased 9% compared to last year's third quarter to $4.9 billion; 10% organic constant currency • Net earnings increased 12% to $1.0 billion, and adjusted net earnings increased 13% to $1.0 billion • Adjusted EBIT increased 14% to $1.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/8670/000000867023000010/0000008670-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.