CBIZ, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $18.6M | $152.8M | $-79.4M | $30.1M | $41.9M | $122.8M | $-90.7M | $35.1M |
| Depreciation & Amortization | — | — | $24.0M | $24.5M | $25.1M | $24.8M | $19.5M | $9.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | $6.4M | $7.3M | $6.6M | $5.6M | $6.4M | $2.4M |
| Net Cash from Operating Activities | $147.7M | $-25.5M | $143.6M | $24.0M | $113.1M | $-88.3M | $55.5M | $43.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $1.9M | $1.9M | $7.9M | $5.2M | $3.3M | $2.7M |
| Business Acquisitions | — | — | $1.6M | $0 | $0 | $0 | $1.06B | $437.0K |
| Net Cash from Investing Activities | — | — | $1.1M | $-4.6M | $-7.3M | $-5.0M | $-1.10B | $8.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | — | — | $-70.5M | $-42.0M | $-88.6M | $55.4M | $1.12B | $-73.3M |
| Net Change in Cash | — | — | $74.2M | $-22.6M | $17.2M | $-37.9M | $72.0M | $-21.2M |
| Free Cash Flow | — | — | $141.7M | $22.1M | $105.2M | $-93.4M | $52.3M | $41.1M |