CBIZ FY26 Q2 net income drops 55.6% to $19 million; revenue slips 0.2% to $682 million

Reuters2026/07/29 12:07

By:Reuters

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CBIZ posted second-quarter revenue of $682 million, down 0.2% year over year; GAAP net income fell 55.6% to $19 million.
GAAP EPS dropped 53% to $0.31; adjusted EBITDA slid 14.3% to $103 million.
First-half revenue rose 0.6% to $1.53 billion; GAAP net income increased 4.1% to $171 million.
Operating cash flow climbed $97 million to $122 million; free cash flow rose $99 million to $110 million.
Grant Thornton, backed by New Mountain Capital, agreed to acquire CBIZ for $55 per share in cash; CBIZ withdrew fiscal 2026 guidance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBIZ Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CBIZ FY26 Q2 net income drops 55.6% to $19 million; revenue slips 0.2% to $682 million

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