StocksMedium•19 October 2026•
1 min read
CBIZ Net Income Jumps 56.7% in Q3 Amid Ongoing Grant Thornton Acquisition
Key Facts
1CBIZ reported total revenue of $702M for the third quarter, up 1.2% year-over-year.
2Net income rose 56.7% to $47M, with adjusted diluted EPS reaching $1.21.
3The company confirmed the ongoing cash acquisition transaction by Grant Thornton at $55.00 per share.
CBIZ reported total revenue of $702M for the third quarter of 2026, representing a 1.2% increase year-over-year. GlobeNewswire reported that the company's net income rose 56.7% to $47M, while adjusted diluted EPS reached $1.21. The company also confirmed the ongoing cash acquisition transaction by Grant Thornton at $55.00 per share.
CBZ closed at $54.78 on October 16, 2026, trading close to the $55.00 per share cash acquisition price. This strong financial performance comes as the company moves toward completing its merger, valued at approximately $5 billion, supported by significant earnings growth despite modest top-line revenue gains.