CBIZ, Inc.CBZEarnings & Financial Report
CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.
Revenue
$438.9M
Gross Profit
$72.9M
Operating Profit
$49.7M
Net Profit
$35.1M
Gross Margin
16.6%
Operating Margin
11.3%
Net Margin
8.0%
YoY Growth
6.9%
EPS
$0.70
CBIZ, Inc. Q3 FY2024 Financial Summary
CBIZ, Inc. reported revenue of $438.9M (up 6.9% YoY) for Q3 FY2024, with a net profit of $35.1M (up 4.2% YoY) (8.0% margin). Cost of goods sold was $366.0M, operating expenses totaled $23.2M.
Key Financial Metrics
| Total Revenue | $438.9M |
|---|---|
| Net Profit | $35.1M |
| Gross Margin | 16.6% |
| Operating Margin | 11.3% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
CBIZ, Inc. Q3 FY2024 revenue of $438.9M breaks down across 5 segments, led by Accounting Tax Advisory And Consulting at $322.3M (73.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Accounting Tax Advisory And Consulting | $322.3M | 73.4% |
| Core Benefits And Insurance Services | $100.0M | 22.8% |
| Managed Networking And Hardware Services | $10.3M | 2.4% |
| Non Core Benefits And Insurance Services | $4.1M | 0.9% |
| National Practices Consulting | $2.2M | 0.5% |
CBIZ, Inc. Annual Revenue by Year
CBIZ, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.8B |
| 2024 | $1.8B |
| 2023 | $1.6B |
| 2022 | $1.4B |
CBIZ, Inc. Quarterly Revenue & Net Profit History
CBIZ, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $848.6M | +1.3% | $161.6M | 19.0% |
| Q4 FY2025 | $542.7M | +17.9% | $-79.4M | -14.6% |
| Q3 FY2025 | $693.8M | +58.1% | $30.1M | 4.3% |
| Q2 FY2025 | $683.5M | +62.7% | $41.9M | 6.1% |
| Q1 FY2025 | $838.0M | +69.5% | $122.8M | 14.7% |
| Q4 FY2024 | $460.3M | +40.5% | $-90.7M | -19.7% |
| Q3 FY2024 | $438.9M | +6.9% | $35.1M | 8.0% |
| Q2 FY2024 | $420.0M | +5.4% | $19.8M | 4.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $420.0M | $438.9M | $460.3M | $838.0M | $683.5M | $693.8M | $542.7M | $848.6M |
| YoY Growth | 5.4% | 6.9% | 40.5% | 69.5% | 62.7% | 58.1% | 17.9% | 1.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.16B | $2.13B | $4.47B | $4.59B | $4.54B | $4.55B | $4.41B | $4.63B |
| Liabilities | $1.27B | $1.21B | $2.69B | $2.67B | $2.65B | $2.67B | $2.65B | $2.74B |
| Equity | $891.4M | $927.9M | $1.78B | $1.91B | $1.89B | $1.87B | $1.76B | $1.89B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $88.2M | $43.7M | $55.5M | $-88.3M | $113.1M | $24.0M | $143.6M | $-25.5M |