The earnings call reflected strong revenue and EBITDA growth driven by the Marcum acquisition and solid performance in the Benefits and Insurance segment. However, challenges such as reduced rate increases, declines in nonrecurring revenue, and higher interest and tax expenses balanced the positive aspects.

Company Guidance

During the CBIZ Second Quarter 2025 Results Conference Call, the company provided several key metrics and guidance updates. Year-to-date, organic revenue for core services in the Benefits and Insurance segment, and core accounting and tax services grew by low single digits, while the National Practice segment saw a 13% increase. Adjusted EBITDA more than doubled compared to the previous year, underscoring the strength of the business model and the accretive impact of the Marcum acquisition. The company maintained its full-year revenue guidance, expecting it to be at the lower end of $2.8 billion to $2.95 billion, due to ongoing market uncertainties. Adjusted EBITDA margin increased by nearly 500 basis points year-over-year, reaching 17% for the quarter and 23% year-to-date. Despite facing headwinds with a 200 to 300 basis points decline in expected rate increases, CBIZ anticipates these challenges to be partially offset by revenue and cost control initiatives, supporting the achievement of their adjusted EBITDA and EPS guidance.

Strong Revenue and EBITDA Growth

Second quarter revenue was $684 million, and first half revenue was $1.5 billion, reflecting increases of 63% and 66%, respectively. Adjusted EBITDA increased by 128% in the quarter and more than doubled to $356 million in the first half, with a margin increase of nearly 500 basis points year-over-year.

Successful Marcum Acquisition

The Marcum acquisition has been a critical strategic decision, enhancing the company's scale, resiliency, and service breadth. Marcum's integration is on schedule and has strengthened CBIZ's presence in key U.S. markets, providing significant cross-serving opportunities and margin improvements.

Benefits and Insurance Segment Performance

The Benefits and Insurance segment delivered revenue of $102 million in Q2, up nearly $5 million or 5% compared to last year. The segment's adjusted EBITDA was up 21% with margin improvements driven by nearly all service lines.

CBIZ (CBZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CBZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.91 / -	0.7	―	―	―
Jul 30, 2025	2025 (Q2)	0.84 / 0.95	0.39	143.59% (+0.56)
Apr 24, 2025	2025 (Q1)	2.11 / 2.29	1.53	49.67% (+0.76)
Feb 26, 2025	2024 (Q4)	-0.33 / -0.20	-0.26	23.08% (+0.06)
Oct 29, 2024	2024 (Q3)	0.76 / 0.70	0.67	4.48% (+0.03)
Jul 31, 2024	2024 (Q2)	0.68 / 0.39	0.53	-26.42% (-0.14)
Apr 25, 2024	2024 (Q1)	1.50 / 1.53	1.44	6.25% (+0.09)
Feb 15, 2024	2023 (Q4)	-0.29 / -0.26	-0.23	-13.04% (-0.03)
Oct 26, 2023	2023 (Q3)	0.58 / 0.67	0.53	26.42% (+0.14)
Jul 27, 2023	2023 (Q2)	0.64 / 0.53	0.6	-11.67% (-0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CBZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$76.15	$61.12	-19.74%
Apr 24, 2025	$77.24	$66.42	-14.01%
Feb 26, 2025	$85.32	$80.86	-5.23%
Oct 29, 2024	$66.86	$71.07	+6.30%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CBIZ (CBZ) report earnings?

CBIZ (CBZ) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is CBIZ (CBZ) earnings time?

CBIZ (CBZ) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CBZ EPS forecast?

CBZ EPS forecast for the fiscal quarter 2025 (Q3) is 0.91.

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