earnings
confidence high
sentiment positive
materiality 0.60
CBIZ Q3 revenue $702M up 1.2%; net income $47M up 56.7%; Grant Thornton $55/share deal pending
CBIZ, Inc.
- Q3 revenue $702M (+1.2% YoY), Financial Services revenue +1.2%; net income $47M (+56.7%) and GAAP EPS $0.79 (+64.6%).
- Q3 adjusted EBITDA $132M (+6.3%) and adjusted diluted EPS $1.21 (+14.2%).
- Nine-month revenue $2,233M (+0.8%); net income $219M (+12.2%), GAAP EPS $3.62 (+18.3%), adjusted diluted EPS $4.64 (+5.9%).
- Nine-month adjusted EBITDA $479M (-1.2%); operating cash flow up $98M and free cash flow up $91M.
- Grant Thornton/New Mountain all-cash deal at $5.0B enterprise value, $55.00/share; expected close Q4 2026 pending shareholder and regulatory approvals.