Back to news

CBIZ Reports Third-Quarter and Nine Months Ended September 30, 2026 Financial Results

Globe Newswire•19/10/2026•06:30 ET
0

Key Highlights

  • ➤Q3 revenue $702M, up 1.2% year over year
  • ➤Q3 net income $47M, up 56.7%; GAAP EPS $0.79, up 64.6%
  • ➤Q3 adjusted EBITDA $132M, up 6.3%; adjusted diluted EPS $1.21, up 14.2%
  • ➤Grant Thornton to acquire CBIZ for $5.0B, or $55.00 per share
  • ➤Transaction expected to close in Q4 2026; CBIZ will become private
  • ➤Nine-month operating cash flow increased $98M; free cash flow increased $91M

Third-Quarter Financial Highlights: * Total revenue of $702M, up 1.2%; Financial Services revenue up 1.2% * Net income of $47M, up 56.7%; GAAP EPS of $0.79, up 64.6% * Adjusted EBITDA of $132M, up 6.3%; Adjusted diluted EPS of $1.21, up 14.2% Nine Months Ended September 30, 2026 Financial Highlights: * Total revenue of $2,233M, up 0.8%; Financial Services revenue up 1.1% * Net income of $219M, up 12.2%; GAAP EPS of $3.62, up 18.3% * Adjusted EBITDA of $479M, down 1.2%; Adjusted diluted EPS of $4.64, up 5.9% * Operating cash flow up $98M; Free cash flow up $91M CLEVELAND, Oct. 19, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc., (NYSE: CBZ) (“CBIZ” or the “Company”), a leading national professional services advisor, today announced results for the third quarter and nine months ended September 30, 2026.

Proposed Transaction with Grant Thornton and New Mountain As previously disclosed, CBIZ and an affiliate of Grant Thornton in the U.S. (“Grant Thornton”), backed by New Mountain Capital, announced on July 29, 2026 that they entered into a definitive merger agreement pursuant to which Grant Thornton will acquire CBIZ in an all-cash transaction with an enterprise value of $5.0 billion, or $55.00 per share (the “proposed transaction”).

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in