CBIZ, Inc. (CBZ) Income Statement
CBZ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCBZ revenue and net income
Where CBZ's revenue goes
2025Each bar shows an amount and its share of revenue. CBZ kept 4.2% of revenue as net income.
CBZ profit margins
CBZ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +52.1% | +25.0% | +23.4% | +13.9% |
| Gross profit | +94.8% | +16.7% | +20.7% | +13.9% |
| Operating income | +217.4% | +11.6% | +20.4% | +13.9% |
| Net income | +181.3% | +3.1% | +8.1% | +13.0% |
| EPS (diluted) | +32.5% | +19.3% | +20.3% | +18.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CBZ quarterly EPS vs estimates
CBIZ beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.28).
CBZ income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.76B | $1.81B | $1.59B | $1.41B | $1.10B | $963.9M | $948.4M | $922.0M | $855.3M | $799.8M |
| Cost of revenue | $2.40B | $1.63B | $1.37B | $1.19B | $945.6M | $825.4M | $823.5M | $790.3M | $755.6M | $697.7M |
| Gross profit | $355.4M | $182.5M | $223.2M | $223.4M | $159.3M | $138.5M | $124.9M | $131.7M | $99.8M | $102.1M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $121.4M | $108.8M | $58.0M | $55.0M | $56.1M | $46.1M | $44.4M | $39.2M | $33.3M | $36.3M |
| Total operating expenses | $121.4M | $108.8M | $58.0M | $55.0M | $86.6M | $46.1M | $44.4M | $39.2M | $33.3M | $36.3M |
| Operating income | $234.0M | $73.7M | $165.2M | $168.3M | $72.7M | $92.5M | $80.5M | $92.5M | $66.5M | $65.8M |
| Interest income | $105.5M | $34.4M | $20.1M | $8.0M | $3.9M | $5.0M | $5.8M | $6.6M | $6.7M | $6.6M |
| Interest expense | $107.2M | $34.4M | $20.1M | $8.0M | $3.9M | $5.0M | $5.8M | $6.6M | $6.7M | $6.6M |
| Income before taxes | $160.8M | $57.8M | $166.3M | $141.5M | $93.0M | $103.5M | $92.9M | $79.8M | $74.3M | $67.0M |
| Income taxes | $45.4M | $16.8M | $45.3M | $36.1M | $22.1M | $25.1M | $21.8M | $18.3M | $23.3M | $26.4M |
| Net income | $115.4M | $41.0M | $121.0M | $105.4M | $70.9M | $78.3M | $70.7M | $61.6M | $50.4M | $40.1M |
| EBITDA | $366.3M | $140.2M | $222.7M | $182.4M | $124.0M | $131.6M | $121.0M | $116.2M | $89.5M | $87.9M |
| EPS (diluted) | $3.55 | $2.68 | $2.41 | $2.09 | $1.64 | $1.41 | $1.27 | $1.09 | $0.87 | $0.76 |
| Gross margin | 12.9% | 10.1% | 14.0% | 15.8% | 14.4% | 14.4% | 13.2% | 14.3% | 11.7% | 12.8% |
| Operating margin | 8.5% | 4.1% | 10.4% | 11.9% | 6.6% | 9.6% | 8.5% | 10.0% | 7.8% | 8.2% |
| Net margin | 4.2% | 2.3% | 7.6% | 7.5% | 6.4% | 8.1% | 7.5% | 6.7% | 5.9% | 5.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $682.2M | $848.6M | $542.7M | $693.8M | $683.5M | $838.0M | $460.3M | $438.9M | $420.0M | $494.3M | $327.5M | $410.5M |
| Cost of revenue | $609.8M | $622.6M | $593.4M | $603.7M | $595.6M | $609.9M | $522.2M | $366.0M | $366.4M | $376.5M | $340.8M | $342.1M |
| Gross profit | $72.4M | $226.0M | −$50.7M | $90.1M | $87.9M | $228.1M | −$61.9M | $72.9M | $53.6M | $117.8M | −$13.3M | $68.4M |
| Sales, general & admin | $38.4M | $29.6M | $34.4M | $31.3M | $27.6M | $28.1M | $44.8M | $23.2M | $22.1M | $18.7M | $13.4M | $13.1M |
| Total operating expenses | $38.4M | $29.6M | $34.4M | $31.3M | $27.6M | $28.1M | $44.8M | $23.2M | $22.1M | $18.7M | $13.4M | $13.1M |
| Operating income | $34.1M | $196.4M | −$85.2M | $58.9M | $60.3M | $200.0M | −$106.7M | $49.7M | $31.6M | $99.1M | −$26.7M | $55.3M |
| Interest income | — | — | $25.9M | $28.0M | $27.9M | $25.2M | $19.0M | $5.0M | — | — | — | $5.8M |
| Interest expense | $24.3M | $23.9M | $26.2M | $134.0M | $27.9M | $25.2M | $19.0M | $5.0M | $5.9M | $4.5M | $5.1M | $5.8M |
| Income before taxes | $23.7M | $226.5M | −$110.3M | $40.4M | $57.8M | $172.9M | −$125.4M | $51.0M | $28.2M | $104.0M | −$19.1M | $47.2M |
| Income taxes | $5.1M | $64.9M | −$30.8M | $10.3M | $15.8M | $50.1M | −$34.6M | $15.9M | $8.4M | $27.1M | −$6.3M | $13.5M |
| Net income | $18.6M | $161.6M | −$79.4M | $30.1M | $41.9M | $122.8M | −$90.7M | $35.1M | $19.8M | $76.9M | −$12.7M | $33.7M |
| EBITDA | $43.5M | $274.1M | −$60.1M | $198.9M | $110.7M | $222.9M | −$86.9M | $65.5M | $43.6M | $118.0M | −$4.7M | $62.2M |
| EPS (diluted) | $0.91 | $2.50 | −$0.70 | $1.01 | $0.95 | $2.29 | −$0.20 | $0.84 | $0.50 | $1.54 | −$0.26 | $0.66 |
| Gross margin | 10.6% | 26.6% | −9.4% | 13.0% | 12.9% | 27.2% | −13.4% | 16.6% | 12.8% | 23.8% | −4.1% | 16.7% |
| Operating margin | 5.0% | 23.2% | −15.7% | 8.5% | 8.8% | 23.9% | −23.2% | 11.3% | 7.5% | 20.0% | −8.2% | 13.5% |
| Net margin | 2.7% | 19.0% | −14.6% | 4.3% | 6.1% | 14.7% | −19.7% | 8.0% | 4.7% | 15.6% | −3.9% | 8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CBZ's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CBZ financial results
In fiscal year 2025 (ended December 31, 2025), CBIZ reported revenue of $2.8 billion, up 52.1% from the year before. It had net income of $115.4 million (up 181.3%), a net profit margin of 4.2%. Diluted earnings per share came to $3.55. Over five years revenue grew at an average rate of 23.4% a year.
See the CBZ stock overview for the latest quote and news, or the CBZ chart for price history and technical indicators.
CBZ income statement FAQ
What is CBIZ's annual revenue?
CBIZ reported total revenue of $2.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 52.1% from $1.8 billion the previous year.
Is CBIZ profitable?
Yes. CBIZ reported net income of $115.4 million in fiscal 2025, a net profit margin of 4.2%; its operating margin was 8.5%.
What is CBIZ's gross margin?
CBIZ's gross margin was 12.9% in fiscal 2025: for every $100 of revenue, CBIZ kept $13 after the direct cost of its products and services.
How fast is CBIZ growing?
Revenue grew 23.4% a year on average over the last five fiscal years, from $963.9 million to $2.8 billion.
What are CBIZ's earnings per share?
CBIZ earned $3.55 per diluted share in fiscal 2025, compared with $2.68 a year earlier.
When will CBIZ report its next earnings?
CBIZ is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does CBIZ's fiscal year end?
CBIZ's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.