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Revenue (Tables)
6 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue
The following tables provide details of revenue by our business pillars, and include a reconciliation to the Company’s reportable segments:
Three Months EndedSix Months Ended
December 31,December 31,
Types of Revenues2024202320242023
HCM$2,131.9 $1,975.2 $4,157.3 $3,889.4 
HRO, excluding PEO zero-margin benefits pass-throughs943.2 888.7 1,808.4 1,700.4 
PEO zero-margin benefits pass-throughs1,055.2 970.7 2,104.4 1,947.5 
Global645.3 608.1 1,284.9 1,215.9 
Interest on funds held for clients272.8 225.3 526.1 427.1 
Total Revenues$5,048.4 $4,668.0 $9,881.1 $9,180.3 

Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2024:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$2,134.4 $— $(2.5)$2,131.9 
HRO, excluding PEO zero-margin benefits pass-throughs338.5 605.6 (0.9)943.2 
PEO zero-margin benefits pass-throughs— 1,055.2 — 1,055.2 
Global645.3 — — 645.3 
Interest on funds held for clients270.3 2.5 — 272.8 
Total Segment Revenues$3,388.5 $1,663.3 $(3.4)$5,048.4 

Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2023:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$1,977.4 $— $(2.2)$1,975.2 
HRO, excluding PEO zero-margin benefits pass-throughs316.4 573.4 (1.1)888.7 
PEO zero-margin benefits pass-throughs— 970.7 — 970.7 
Global608.1 — — 608.1 
Interest on funds held for clients223.3 2.0 — 225.3 
Total Segment Revenues$3,125.2 $1,546.1 $(3.3)$4,668.0 

Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2024:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$4,162.0 $— $(4.7)$4,157.3 
HRO, excluding PEO zero-margin benefits pass-throughs681.3 1,128.6 (1.5)1,808.4 
PEO zero-margin benefits pass-throughs— 2,104.4 — 2,104.4 
Global1,284.9 — — 1,284.9 
Interest on funds held for clients521.3 4.8 — 526.1 
Total Segment Revenues$6,649.5 $3,237.8 $(6.2)$9,881.1 
Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2023:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$3,894.0 $— $(4.6)$3,889.4 
HRO, excluding PEO zero-margin benefits pass-throughs638.5 1,064.3 (2.4)1,700.4 
PEO zero-margin benefits pass-throughs— 1,947.5 — 1,947.5 
Global1,215.9 — — 1,215.9 
Interest on funds held for clients423.2 3.9 — 427.1 
Total Segment Revenues$6,171.6 $3,015.7 $(7.0)$9,180.3 
Summary of Contract with Customer, Liability
Changes in deferred revenues related to set up fees for the six months ended December 31, 2024 were as follows:
Contract Liability
Contract liability, July 1, 2024$491.6 
Recognition of revenue included in beginning of year contract liability(69.9)
Contract liability, net of revenue recognized on contracts during the period60.9 
Currency translation adjustments(10.8)
Contract liability, December 31, 2024$471.8