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How Cbiz (CBZ) makes money

Cbiz (CBZ) made $702M of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Of every dollar of revenue, 16¢ was left as gross profit, 11¢ was left as operating profit, 5¢ was left as net earnings.

Drawing the Sankey…

Cbiz revenue by quarterCbiz revenue by quarter$460MQ4 2024$838MQ1 2025$683MQ2 2025$694MQ3 2025$543MQ4 2025$682MQ2 2026$702MQ3 2026
Cbiz: where each dollar of revenue goesCbiz: where each dollar of revenue goesCost of revenue84¢Gross profit16¢Operating expenses5¢Operating profit11¢Income tax2¢Net earnings5¢Operating cash flow4¢Free cash flow2¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$702M100.0%
Cost of revenue$588M83.8%
Gross profit$114M16.2%
Operating expenses$38.5M5.5%
Operating profit$75.5M10.8%
Income tax$16.2M2.3%
Net earnings$36.8M5.2%
Operating cash flow$24.8M3.5%
Free cash flow$14.7M2.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$702M+1%
Q2 2026$682M-0.2%
Q4 2025$543M+18%
Q3 2025$694M+58%
Q2 2025$683M+63%
Q1 2025$838M+70%
Q4 2024$460M+40%

From Cbiz's 10-Q filed Oct 30, 2026 (on EDGAR).

Questions

How does Cbiz make money?

Cbiz (CBZ) made $702M of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Of every dollar of revenue, 16¢ was left as gross profit, 11¢ was left as operating profit, 5¢ was left as net earnings.

What is Cbiz's profit margin?

Net earnings were $36.8M, 5.2% of revenue, in the third quarter 2026; the operating margin was 10.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.