UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CBIZ, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to ________ Commiss ...

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CBIZ (CBZ) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.45%. A quarter ago, it was expected that this provider of outsourced business services would post earnings of $0.84 per share when it actually produced earnings of $0.95, delivering a surprise of +13.1%.Over the last four q ...

Financial Data and Key Metrics Changes - For Q3 2025, consolidated revenue was $694 million, representing a 58% increase year-over-year, while year-to-date revenue reached $2.2 billion, a 64% increase [11] - Adjusted EBITDA for Q3 was $120 million, with a year-to-date total of $476 million, reflecting a margin of 17.3% for the quarter and 21.5% year-to-date, an increase of approximately 325 basis points compared to the previous year [11][12] - Adjusted diluted earnings per share for Q3 was $1.01, bringing the year-to-date adjusted EPS to $4.27 [12] Business Line Data and Key Metrics Changes - Financial services segment revenue for Q3 was $579 million, up 80% year-over-year, with adjusted EBITDA increasing 86% to $126 million, a margin of 21.7% [13][14] - Core accounting and tax service lines delivered low single-digit growth, while project-based advisory businesses showed improved growth compared to the first half of the year [13][10] - Benefits and insurance segment revenue was $103 million, with year-to-date growth of 2.7% and adjusted EBITDA growth of 6.7% [15] Market Data and Key Metrics Changes - The company experienced strong mid-single-digit rate increases in Q3, exceeding overall inflation and reflecting the value of its service capabilities [14] - The market conditions improved in Q3, leading to increased conversion of late-stage pipeline opportunities [10] Company Strategy and Development Direction - The company is focused on leveraging the Marcum acquisition to accelerate growth and enhance competitive positioning, with significant investments in technology, AI, and offshoring resources [4][5] - A national brand campaign has been launched to promote the new CBIZ and highlight expanded capabilities, showing early signs of improved brand awareness [8] - The company aims to achieve a target leverage range of 2 to 2.5 times over time, with a focus on funding organic growth and maintaining capital [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the 2025 revenue outlook, citing steady performance in recurring businesses and improved market conditions [10] - The company anticipates accelerated growth beginning in 2026, driven by a commitment to operational excellence and client experience [24] - Management noted that the integration of Marcum is progressing well, with expected synergies of $50 million or more, and plans to realize $35 million in synergies this year [20][22] Other Important Information - The company ended Q3 with net debt of approximately $1.6 billion and had about $300 million of available liquidity [15] - Share repurchases totaled approximately $128 million year-to-date, with a current outstanding share count of approximately 54.1 million shares [16] Q&A Session Summary Question: What is the outlook for pricing in 2026? - Management indicated that mid-single-digit pricing growth is expected to continue, reflecting strong client relationships and market conditions [26] Question: Have any significant clients been lost due to the Marcum acquisition? - Management acknowledged some expected client dilution but reported strong client retention rates overall [28] Question: What are the expected integration costs for 2026? - Integration costs for 2026 are expected to be similar in nature to 2025, with some shifts in the mix of costs [30] Question: How has the OVBPA impacted the tax practice? - Management confirmed that the OVBPA has led to increased discussions and revenue in the tax practice [34] Question: What is the outlook for the fourth quarter? - Management expects continued growth in core recurring businesses and improved performance in non-recurring project-based businesses [38][41]

Investor Presentation CBIZ.COM | NYSE: CBZ Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical fact included in this presentation, including, without limitation, our "2025 Guidance," regarding our financial position, business strategy and pl ...

Exhibit 99.1 FOR IMMEDIATE RELEASE CBIZ REPORTS THIRD QUARTER AND NINE MONTH 2025 RESULTS THIRD QUARTER HIGHLIGHTS: NINE MONTH HIGHLIGHTS: CLEVELAND (October 29, 2025) – CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading national professional services advisor, today announced results for the third quarter ended September 30, 2025. "We are pleased with our third quarter results, which were largely in line with our expectations. Our core, recurring essential businesses continued to perform well, and ...

THIRD QUARTER HIGHLIGHTS: TOTAL REVENUE OF $693.8M, UP 58.1%NET INCOME OF $30.1M, DOWN 14.1%; GAAP EPS OF $0.48, DOWN 31.4%ADJUSTED EBITDA OF $120.0M, UP 57.4%; ADJUSTED DILUTED EPS OF $1.01, UP 8.5% NINE MONTH HIGHLIGHTS: TOTAL REVENUE OF $2.2B, UP 63.7%NET INCOME OF $194.9M, UP 47.9%; GAAP EPS OF $3.06, UP 16.8%ADJUSTED EBITDA OF $475.6M, UP 92.9%; ADJUSTED DILUTED EPS OF $4.27, UP 35.6% CLEVELAND, Oct. 29, 2025 (GLOBE NEWSWIRE) -- CBIZ, Inc., (NYSE: CBZ) (“CBIZ” or the “Company”), a leading national prof ...

Core Viewpoint - CBIZ, Inc. will announce its financial results for the third quarter and year-to-date periods on October 29, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will cover the periods ended September 30, 2025 [1] - A conference call to discuss these results will be hosted by the President and CEO Jerry Grisko and CFO Brad Lakhia at 5 p.m. (ET) on the same day [2] - The conference call will be available via live webcast on the investor relations page of the CBIZ website, with an archived replay accessible afterward [2] Group 2: Registration and Participation - Investors can register to receive the dial-in number and a unique personal identification number for the conference call [3] - Registration is open at any time, including up to and after the call start time [3] Group 3: Company Overview - CBIZ, Inc. is a leading professional services advisor to middle-market businesses across the United States [4] - The company has expertise in various areas including accounting, tax, advisory, benefits, insurance, and technology [4] - CBIZ employs over 10,000 team members across more than 160 locations in 22 major markets nationwide [4]

Core Insights - CBIZ, Inc. has appointed Jennifer Hutchins as Chief Investment Officer of CBIZ Investment Advisory Services, LLC, effective August 18, 2025 [1][2] Group 1: Leadership and Experience - Jennifer Hutchins brings over 20 years of experience in financial planning, investment analysis, and portfolio strategy [2] - Prior to joining CBIZ, Hutchins served as Co-Chief Investment Officer at Avantax Wealth Management, overseeing portfolio management and performance [2] - Hutchins has held positions at A.G. Edwards & Sons and Beck, Inc., showcasing a diverse background in the financial services industry [2] Group 2: Strategic Vision - Hutchins expressed enthusiasm about joining CBIZ at a pivotal time for the investment platform, emphasizing collaboration and research to enhance client outcomes [3] - As Chief Investment Officer, Hutchins will lead investment strategy, research, and governance functions, driving the organization's investment philosophy and model management [3] Group 3: Company Overview - CBIZ, Inc. is a prominent professional services advisor to middle market businesses, offering expertise in accounting, tax, advisory, benefits, insurance, and technology [5] - The company has over 10,000 team members across more than 160 locations in 22 major markets nationwide [5]

Core Insights - CBIZ, Inc. has released an Employee Experience Guide aimed at helping companies attract, retain, and engage diverse employee populations across various generations and work arrangements [1][2][4] - The guide emphasizes that a strong employee experience can lead to better retention, higher productivity, and enhanced profitability, advocating against a one-size-fits-all approach [2][4] - It provides insights on optimizing the employee journey through competitive total rewards packages, recruiting technology, and a positive workplace experience [3][4] Integrated Approach - An integrated approach to benefits, insurance, workforce development, and risk management is essential for curating an effective employee experience [4][5] - The guide reflects CBIZ's integrated service model, which combines expertise from various specialties to deliver comprehensive insights [4][6] Technology Utilization - Technology plays a significant role in enhancing employee experience, with tools like CBIZ's Centrally HR simplifying payroll, onboarding, and compliance processes [5][6] - The guide encourages companies to rethink salary strategies, flexible benefits, retirement readiness, and best practices for offboarding [5][6] Organizational Value - Employees are highlighted as the most important asset and competitive differentiator for organizations, with the guide aimed at helping businesses create bespoke experiences for optimal team performance [6]