secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2026-10-19T11:00:21+00:00
Accession:  0001193125-26-424639
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

CBIZ Q3 revenue $702M up 1.2%; net income $47M up 56.7%; Grant Thornton $55/share deal pending
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000119312526424639/0001193125-26-424639-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000119312526424639/d866979d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-424639

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer