Flagship explainer

How CBIZ, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.8B · 100%Cost of revenue$2.4B · 87%Gross profit$355M · 13%Operating income$234M · 8%Income before tax$161M · 6%Income tax$45.4M · 2%Net income$115M · 4%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.8B100%
Cost of revenue$2.4B87%
$355M13%
$234M8%
Income before tax$161M6%
Income tax$45.4M2%
$115M4%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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CBZ income explainer — Buy Like Buffett · Buy Like Buffett