---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-007979"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T04:14:53.531306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CBIZ Q4 revenue up 40.5% on Marcum acquisition; 2025 adjusted EPS guidance $3.60-$3.65

## Summary
- Q4 revenue $460.3M (+40.5% YoY); same-unit revenue up 6.4%; Marcum acquisition closed Nov 1, 2024.
- Full-year revenue $1,813.5M (+14.0%); GAAP EPS $0.78; adjusted EPS $2.67 (+10.8%).
- 2025 outlook: revenue $2.90-2.95B, GAAP EPS $1.97-2.02, adjusted EPS $3.60-3.65, adjusted EBITDA $450-456M.
- New $2.0B credit facility entered; outstanding debt $1,420.9M at Dec 31, 2024.
- CEO cites strong momentum and accelerated integration of Marcum.

## SEC filing metadata
- accession: 0001628280-25-007979
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000162828025007979/0001628280-25-007979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000162828025007979/cbz-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-007979
- JSON: https://secwatch.observer/filing/0001628280-25-007979.json
- Plain text: https://secwatch.observer/filing/0001628280-25-007979.txt

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