CBIZ Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the quarterly period ended June30, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period from________ to ________Commission File Number 1-32961CBIZ, Inc.(Exact name of registrant as specified in its charter)Delaware(State or other jurisdiction of incorporationor organization)5959 Rockside Woods, N. Suite 600 Independence, Ohio(Address of principal executive offices)22-2769024(I.R.S. EmployerIdentification No.)44131(Zip Code)(216) 447-9000(Registrant’s telephone number, including area code)Not Applicable(Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of theExchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:Class of Common StockOutstanding at July 27, 2026Common Stock, $0.01 par value54,263,879 CBIZ, INC. AND SUBSIDIARIESTABLE OF CONTENTS PART I.FINANCIAL INFORMATION:PageItem 1.Financial Statements3Condensed Consolidated Balance Sheets (Unaudited) – June 30, 2026 and December31, 20253Condensed Consolidated Statements of Comprehensive Income (Unaudited) – Three and SixMonths Ended June 30, 2026 and 20254Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) – Three and Six MonthsEnded June 30, 2026 and 20255Condensed Consolidated Statements of Cash Flows (Unaudited) – Six Months Ended June 30,2026 and 20257Notes to the Condensed Consolidated Financial Statements (Unaudited)8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures About Market Risk40Item 4.Controls and Procedures41PART II.OTHER INFORMATION:Item 1.Legal Proceedings43Item 1A.Risk Factors43Item 2.Unregistered Sales of Equity Securities and Use of Proceeds44Item 3.Defaults Upon Senior Securities45Item 4.Mine Safety Disclosures45Item 5.Other Information45Item 6.Exhibits46Signature47 PART I – FINANCIAL INFORMATION CBIZ, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)(In thousands) CBIZ, INC. AND SUBSIDIARIESNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Selected Terms Used in Notes to the Condensed Consolidated Financial Statements ASA –Administrative Service AgreementASC –Accounting Standards CodificationASU –Accounting Standards UpdateCPA firm –Certified Public Accounting firmFASB –TheFinancial Accounting Standards BoardGAAP –United States Generally Accepted Accounting PrinciplesSOFR –Secured Overnight Financing RateSEC –United States Securities and Exchange Commission Marcum Transaction –On November 1, 2024, the Company completed the acquisition of Marcum LLP (“Marcum”), anaccounting and advisory services firm headquartered in New York City with offices in major markets throughout the UnitedStates, to expand the breadth and depth of the Company’s professional services portfolio in the U.S. Pursuant to theAgreement and Plan of Merger dated July 30, 2024 (the “Marcum Merger Agreement”), a wholly owned subsidiary of theCompany, merged with and into Marcum Advisory Group, a wholly owned subsidiary of Marcum ("MAG"), to whichMarcum contributed substantially all of its non-attest business assets and liabilities, (the “Merger”), resulting in MAGsurviving the Merger and becoming a wholly owned