---
schema_version: "secwatch.filing_event.v1"
accession: "0000944148-26-000067"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:38:05.711716+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CBIZ Q1 revenue up 1.3%, net income +31.6%; raises FY adjusted EPS outlook to $4.00-$4.10

## Summary
- Total revenue $849M (+1.3% YoY); Financial Services revenue up 2.1%.
- Net income $162M (+31.6%); GAAP EPS $2.63 (+37.7%); Adj. diluted EPS $2.50 (+7.3%).
- Operating cash flow +71.1%; free cash flow +69.5%; repurchased ~2M shares for ~$63M.
- Updated FY outlook: Adj. EBITDA raised to $465M-$475M; Adj. EPS raised to $4.00-$4.10.
- Revenue outlook reaffirmed at ~$2.8B-$2.9B; free cash flow ~$270M-$290M.

## SEC filing metadata
- accession: 0000944148-26-000067
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000094414826000067/0000944148-26-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000094414826000067/cbz-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944148-26-000067
- JSON: https://secwatch.observer/filing/0000944148-26-000067.json
- Plain text: https://secwatch.observer/filing/0000944148-26-000067.txt

## Key facts
- Earnings Releases
  CBIZ, Inc. reported fiscal year ending December 31, 2026 results: revenue ~$2.8B to $2.9B, EPS ~$4.00 to $4.10. Guidance raised.
  - Period: fiscal year ending December 31, 2026
  - Revenue: ~$2.8B to $2.9B
  - EPS: ~$4.00 to $4.10
  - Guidance: raised
  - Result: guidance update
  source text: 2026 Financial Outlook: Metric Previous 2026 Outlook Updated 2026 Outlook Total Revenue ~$2.8B to $2.9B ~$2.8B to $2.9B Adjusted EBITDA ~$450M to $460M ~$465M to $475M Adjusted Diluted EPS ~$3.75 to $3.85 ~$4.00 to $4.10 Free Cash Flow ~$270M to $290M ~$270M to $290M
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000094414826000067/0000944148-26-000067-index.htm
- Earnings Releases
  CBIZ, Inc. reported three months ended March 31, 2026 results: revenue $849M, net income $162M, EPS $2.63.
  - Period: three months ended March 31, 2026
  - Revenue: $849M
  - Net income: $162M
  - EPS: $2.63
  - Result: reported results
  source text: First-Quarter Financial Highlights: • Total revenue of $849M, up 1.3%; Financial Services revenue up 2.1% • Net income of $162M, up 31.6%; GAAP EPS of $2.63, up 37.7% • Adjusted EBITDA of $244M, up 1.5%; Adjusted diluted EPS of $2.50, up 7.3% • Operating cash flow up 71.1%; Free cash flow up 69.5% • Repurchased ~2M shares for ~$63M through end of April; net leverage decreased 0.5x YoY • 2026 outlook continues to contemplate low to mid-single digit revenue growth, improved earnings and strong free cash flow conversion over prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000094414826000067/0000944148-26-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.