Filing Flows › Cbiz (CBZ) › Q2 2026 › vs Q2 2025
Cbiz (CBZ) Q2 2026 vs Q2 2025 (year over year)
Cbiz's revenue fell $1.3M (-0.2%) from $683M in Q2 2025 to $682M in Q2 2026. Gross margin 10.6% against 12.9% (-2.2 pts).
Cbiz, Q2 2026: revenue $682M (-0.2% year over year), operating margin 5.0%, net earnings $18.6M, operating cash flow $148M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 10.6% | 12.9% | -2.2 pts |
| Operating margin | 5.0% | 8.8% | -3.8 pts |
| Net margin | 2.7% | 6.1% | -3.4 pts |
| Free cash flow margin | 20.4% | 15.4% | +5.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $682M | $683M | −$1.3M | -0.2% |
| Gross profit | $72.4M | $87.9M | −$15.5M | -18% |
| Cost of revenue | $610M | $596M | $14.2M | +2% |
| Operating profit | $34.1M | $60.3M | −$26.2M | -43% |
| Operating expenses | $38.4M | $27.6M | $10.7M | +39% |
| Pre-tax earnings | $23.7M | $57.8M | −$34.1M | -59% |
| Other expense, net | $10.4M | $2.5M | $7.9M | +317% |
| Net earnings | $18.6M | $41.9M | −$23.3M | -56% |
| Income tax | $5.1M | $15.8M | −$10.8M | -68% |
| Share-based compensation | $8.1M | $6.6M | $1.5M | +23% |
| Working capital & other | $121M | $39.5M | $81.5M | +206% |
| Operating cash flow | $148M | $113M | $34.6M | +31% |
| Free cash flow (OCF − capex) | $139M | $105M | $33.8M | +32% |
| Capital expenditures | $8.7M | $7.9M | $791K | +10% |
Questions
How much did Cbiz's revenue grow year over year in Q2 2026?
Cbiz's revenue fell $1.3M (-0.2%) from $683M in Q2 2025 to $682M in Q2 2026. Gross margin 10.6% against 12.9% (-2.2 pts).