CBZ Q1 2023 Earnings — CBIZ, Inc. Revenue & Financial Results | Market Cap Arena

CBZCBIZ, Inc.

$1B

Q1 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$455M+16.1% YoY

Gross Profit

$114M25.0% margin

Operating Income

$98M21.6% margin

Net Income

$73M16.1% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

+54.1%

Cash Flow

Operating Cash Flow

-$45M

Free Cash Flow

-$48M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$772M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$455M	$392M	+16.1%
Gross Profit	$114M	$101M	+12.0%
Operating Income	$98M	$85M	+15.1%
Net Income	$73M	$58M	+25.9%

Revenue Segments

Financial Services

$343M75%

Benefits And Insurance Services

$100M22%

National Practices

$11M3%