CBIZ, Inc. (CBZ) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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CBIZ, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $9,779,000.00Accounts receivable, net → Operating adjustments reconciliation: $55,815,000.00Accrued personnel costs → Operating adjustments reconciliation: $35,286,000.00Accounts payable → Operating adjustments reconciliation: $28,771,000.00Depreciation and amortization expense → Operating adjustments reconciliation: $23,384,000.00Other liabilities → Operating adjustments reconciliation: $21,755,000.00Stock-based compensation expense → Operating adjustments reconciliation: $8,105,000.00Deferred income taxes → Operating adjustments reconciliation: $5,086,000.00Bad debt expense, net of recoveries → Operating adjustments reconciliation: $1,707,000.00Amortization of deferred financing fees → Operating adjustments reconciliation: $1,337,000.00Other, net → Operating adjustments reconciliation: $176,000.00Operating adjustments reconciliation → Net cash from operating activities: $137,963,000.00Operating adjustments reconciliation → Income taxes payable: $30,445,000.00Operating adjustments reconciliation → Other assets: $11,241,000.00Operating adjustments reconciliation → Adjustment to contingent purchase price liabilities: $1,773,000.00Proceeds from the sales and maturities of client fund investments → investing reconciliation: $2,325,000.00Other, net → investing reconciliation: $727,000.00investing reconciliation → Business acquisitions and purchases of client lists, net of cash acquired: $10,494,000.00investing reconciliation → Additions to property and equipment: $8,739,000.00investing reconciliation → Purchases of client fund investments: $2,150,000.00investing reconciliation → Change in funds held for clients: $210,000.00Net cash used in financing activities → financing reconciliation: $145,737,000.00Proceeds from bank debt → financing reconciliation: $200,700,000.00Other, net → financing reconciliation: $337,000.00financing reconciliation → Payment of bank debt: $278,700,000.00financing reconciliation → Payment for acquisition of treasury stock: $38,509,000.00financing reconciliation → Changes in client funds obligations: $17,643,000.00financing reconciliation → Payment of contingent consideration for acquisitions and client lists: $11,910,000.00financing reconciliation → Indirect repurchase of shares for minimum tax withholding: $12,000.00Net cash used in investing activities → investing reconciliation: $18,541,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $177,078,000.00Net cash from operating activities → Cash sources and uses: $147,742,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $160,542,000.00Cash sources and uses → Net cash used in investing activities: $18,541,000.00Cash sources and uses → Net cash used in financing activities: $145,737,000.00Accounts receivable, net: $55,815,000.00Accounts receivable+$55.82 MDeferred income taxes: $5,086,000.00Deferred taxes & credits+$5.09 MBad debt expense, net of recoveries: $1,707,000.00Bad debt, net of recoveries+$1.71 MDepreciation and amortization expense: $23,384,000.00Depreciation & amortization+$23.38 MNet income: $9,779,000.00Net income+$9.78 MStock-based compensation expense: $8,105,000.00Stock-based compensation+$8.11 MOther assets: -$11,241,000.00Other operating assets−$11.24 MAdjustment to contingent purchase price liabilities: -$1,773,000.00Contingent consideration change−$1.77 MAccrued personnel costs: $35,286,000.00Accrued compensation+$35.29 MOther, net: $176,000.00Other operating, net+$176.00 KIncome taxes payable: -$30,445,000.00Income taxes payable−$30.45 MAmortization of deferred financing fees: $1,337,000.00Debt issuance cost amortization+$1.34 MOther liabilities: $21,755,000.00Other operating liabilities+$21.76 MAccounts payable: $28,771,000.00Accounts payable+$28.77 MNet cash from operating activities: $147,742,000.00Operating cash+$147.74 MOperating adjustments reconciliation: $181,422,000.00Payment of contingent consideration for acquisitions and client lists: -$11,910,000.00Contingent consideration paid−$11.91 MChanges in client funds obligations: -$17,643,000.00Client funds obligations−$17.64 MPayment of bank debt: -$278,700,000.00Long-term credit line repayments−$278.70 MProceeds from bank debt: $200,700,000.00Long-term credit line borrowings+$200.70 MIndirect repurchase of shares for minimum tax withholding: -$12,000.00Stock-award tax withholding−$12.00 KPayment for acquisition of treasury stock: -$38,509,000.00Common stock repurchases−$38.51 MDeferred financing costs: $0.00Other, net: $337,000.00Other financing, net+$337.00 KNet cash used in financing activities: -$145,737,000.00. Cash required to fund net payments.Financing cash−$145.74 Mfinancing reconciliation: $346,774,000.00Proceeds from sales of divested operations: $0.00Business acquisitions and purchases of client lists, net of cash acquired: -$10,494,000.00Acquisitions, net of cash−$10.49 MProceeds from the sales and maturities of client fund investments: $2,325,000.00Investment sales & maturities+$2.33 MPurchases of client fund investments: -$2,150,000.00Investment purchases−$2.15 MOther, net: $727,000.00Other investing, net+$727.00 KAdditions to property and equipment: -$8,739,000.00PP&E purchases−$8.74 MChange in funds held for clients: -$210,000.00Change in funds held for clients−$210.00 KNet cash used in investing activities: -$18,541,000.00. Cash required to fund net payments.Investing cash−$18.54 Minvesting reconciliation: $21,593,000.00Cash sources and uses: $324,820,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $177,078,000.00Beginning cash$177.08 MEnding cash: Cash, cash equivalents, and restricted cash: $160,542,000.00Ending cash$160.54 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$139.00 MOperating cash − cash spent on PP&ECash flow / Net income15.11×Operating cash flow ÷ net incomeNet cash change−$16.54 MEnding cash − beginning cash
Chart details

CBIZ, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
177,078,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
147,742,000 US dollars. Net cash provided.
Net income
9,779,000 US dollars
Accounts receivable, net
55,815,000 US dollars
Deferred income taxes
5,086,000 US dollars
Bad debt expense, net of recoveries
1,707,000 US dollars
Depreciation and amortization expense
23,384,000 US dollars
Stock-based compensation expense
8,105,000 US dollars
Other assets
negative 11,241,000 US dollars
Adjustment to contingent purchase price liabilities
negative 1,773,000 US dollars
Accrued personnel costs
35,286,000 US dollars
Other, net
176,000 US dollars
Income taxes payable
negative 30,445,000 US dollars
Amortization of deferred financing fees
1,337,000 US dollars
Other liabilities
21,755,000 US dollars
Accounts payable
28,771,000 US dollars
Investing activities
negative 18,541,000 US dollars. Net cash used.
Proceeds from sales of divested operations
0 US dollars
Business acquisitions and purchases of client lists, net of cash acquired
negative 10,494,000 US dollars
Proceeds from the sales and maturities of client fund investments
2,325,000 US dollars
Purchases of client fund investments
negative 2,150,000 US dollars
Other, net
727,000 US dollars
Additions to property and equipment
negative 8,739,000 US dollars
Change in funds held for clients
negative 210,000 US dollars
Financing activities
negative 145,737,000 US dollars. Net cash used.
Payment of contingent consideration for acquisitions and client lists
negative 11,910,000 US dollars
Changes in client funds obligations
negative 17,643,000 US dollars
Payment of bank debt
negative 278,700,000 US dollars
Proceeds from bank debt
200,700,000 US dollars
Indirect repurchase of shares for minimum tax withholding
negative 12,000 US dollars
Payment for acquisition of treasury stock
negative 38,509,000 US dollars
Deferred financing costs
0 US dollars
Other, net
337,000 US dollars
Operating adjustment reconciliation
181,422,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
346,774,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
21,593,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
160,542,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
324,820,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 16,536,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
15.11×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
147,742,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
8,739,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
139,003,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $137.96M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is $9.78 M, derived by subtracting the earlier cumulative period; the income statement reports $18.60 M for the same period. The difference is −$8.83 M. Neither amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 147,742,000 US dollars minus 8,739,000 US dollars equals 139,003,000 US dollars.
  • Cash-flow net income is $9.78 M, derived by subtracting the earlier cumulative period; the income statement reports $18.60 M for the same period. The difference is −$8.83 M. Neither amount has been adjusted.
CBIZ, Inc. (CBZ) FY2026 Q2 Statement of Cash Flows Sankey chart
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