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Revenue (Tables) | 6 Months Ended
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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 Ended |  | Six Months Ended
| December 31, |  | December 31,
Types of Revenues | 2024 |  | 2023 |  | 2024 |  | 2023
HCM | $ | 2,131.9 |  |  | $ | 1,975.2 |  |  | $ | 4,157.3 |  |  | $ | 3,889.4 |
HRO, excluding PEO zero-margin benefits pass-throughs | 943.2 |  |  | 888.7 |  |  | 1,808.4 |  |  | 1,700.4 |
PEO zero-margin benefits pass-throughs | 1,055.2 |  |  | 970.7 |  |  | 2,104.4 |  |  | 1,947.5 |
Global | 645.3 |  |  | 608.1 |  |  | 1,284.9 |  |  | 1,215.9 |
Interest on funds held for clients | 272.8 |  |  | 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 Revenues | Employer Services |  | PEO |  | Other |  | Total
HCM | $ | 2,134.4 |  |  | $ | — |  |  | $ | (2.5) |  |  | $ | 2,131.9 |
HRO, excluding PEO zero-margin benefits pass-throughs | 338.5 |  |  | 605.6 |  |  | (0.9) |  |  | 943.2 |
PEO zero-margin benefits pass-throughs | — |  |  | 1,055.2 |  |  | — |  |  | 1,055.2 |
Global | 645.3 |  |  | — |  |  | — |  |  | 645.3 |
Interest on funds held for clients | 270.3 |  |  | 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 Revenues | Employer Services |  | PEO |  | Other |  | Total
HCM | $ | 1,977.4 |  |  | $ | — |  |  | $ | (2.2) |  |  | $ | 1,975.2 |
HRO, excluding PEO zero-margin benefits pass-throughs | 316.4 |  |  | 573.4 |  |  | (1.1) |  |  | 888.7 |
PEO zero-margin benefits pass-throughs | — |  |  | 970.7 |  |  | — |  |  | 970.7 |
Global | 608.1 |  |  | — |  |  | — |  |  | 608.1 |
Interest on funds held for clients | 223.3 |  |  | 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 Revenues | Employer Services |  | PEO |  | Other |  | Total
HCM | $ | 4,162.0 |  |  | $ | — |  |  | $ | (4.7) |  |  | $ | 4,157.3 |
HRO, excluding PEO zero-margin benefits pass-throughs | 681.3 |  |  | 1,128.6 |  |  | (1.5) |  |  | 1,808.4 |
PEO zero-margin benefits pass-throughs | — |  |  | 2,104.4 |  |  | — |  |  | 2,104.4 |
Global | 1,284.9 |  |  | — |  |  | — |  |  | 1,284.9 |
Interest on funds held for clients | 521.3 |  |  | 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 Revenues | Employer Services |  | PEO |  | Other |  | Total
HCM | $ | 3,894.0 |  |  | $ | — |  |  | $ | (4.6) |  |  | $ | 3,889.4 |
HRO, excluding PEO zero-margin benefits pass-throughs | 638.5 |  |  | 1,064.3 |  |  | (2.4) |  |  | 1,700.4 |
PEO zero-margin benefits pass-throughs | — |  |  | 1,947.5 |  |  | — |  |  | 1,947.5 |
Global | 1,215.9 |  |  | — |  |  | — |  |  | 1,215.9 |
Interest on funds held for clients | 423.2 |  |  | 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 period | 60.9 |
Currency translation adjustments | (10.8) |
Contract liability, December 31, 2024 | $ | 471.8 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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