CBIZ adds $15M one-time legal expense, cutting Q3 net income ~$10.5M; adjusted metrics unchanged

CBIZ, Inc.

CBIZ identified about $15M of additional one-time legal expenses during quarter-end close, not reflected in its Oct. 19, 2026 results release; to be recorded in the Q3 2026 Form 10-Q.
The charge is expected to reduce net income by roughly $10.5M after tax, but Adjusted Net Income, Adjusted Diluted EPS and Adjusted EBITDA are unaffected since the costs are added back.
Disclosure was made to prospective debt investors as part of a potential financing tied to the pending acquisition of CBIZ by an affiliate of Grant Thornton in the U.S.
CBIZ said the new information is incomplete on its own and should be read with the Prior 8-K filed Oct. 19, 2026 covering results for the three and nine months ended Sept. 30, 2026.

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