Cbiz (CBZ) Cost of Revenue (2009 - 2026)
Cbiz (CBZ) reported Cost of Revenue of $588.19 million for Q3 2026, down 2.6% from $603.69 million a year earlier and down 3.5% from the prior quarter.
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Analysis
Cbiz (CBZ) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cbiz's Cost of Revenue came in at $2.41 billion, up 3.5% year-over-year; for FY2025, it was $2.4 billion, up 47.3% from FY2024.
- Cost of Revenue has increased for 14 consecutive years, with a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $1.63 billion in FY2024 (+19.2%), $1.37 billion in FY2023 (+15.1%), $1.19 billion in FY2022 (+25.7%) and $945.64 million in FY2021 (+14.6%).
- The Q3 2026 figure ranks as the lowest quarterly Cost of Revenue since Q4 2024.
- Year over year, Cost of Revenue gained in seven of the last eight quarters, with growth averaging 32.3%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2025 (growth of 65.0%); the low point was Q3 2026 (a decline of 2.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $609.77 million (Q2 2026), $622.56 million (Q1 2026) and $593.41 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 172.92 Bn | 132.01 Bn | 5.98 Bn | 12.69 Bn |
| 2 | Cintas | 90.00 Bn | 89.09 Bn | 1.55 Bn | 1.46 Bn |
| 3 | Iron Mountain | 32.99 Bn | 32.50 Bn | 1.06 Bn | 926.65 Mn |
| 4 | Rollins | 18.37 Bn | 17.91 Bn | 582.90 Mn | 506.77 Mn |
| 5 | APi | 18.18 Bn | 15.39 Bn | 770.00 Mn | 1.78 Bn |
| 6 | UL Solutions | 16.47 Bn | 14.51 Bn | 423.00 Mn | 400.00 Mn |
| 7 | Aramark | 14.29 Bn | 12.30 Bn | 430.34 Mn | 4.63 Bn |
| 8 | Rentokil Initial | 11.99 Bn | 5.51 Bn | - | - |
| 9 | Gartner | 11.92 Bn | 5.41 Bn | 1.07 Bn | 433.14 Mn |
| 10 | Cbiz | 3.03 Bn | 2.95 Bn | 114.05 Mn | 588.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 588.19 Mn |
| Jun 30, 2026 | 609.77 Mn |
| Mar 31, 2026 | 622.56 Mn |
| Dec 31, 2025 | 593.41 Mn |
| Sep 30, 2025 | 603.69 Mn |
| Jun 30, 2025 | 595.59 Mn |
| Mar 31, 2025 | 609.91 Mn |
| Dec 31, 2024 | 522.18 Mn |
| Sep 30, 2024 | 365.97 Mn |
| Jun 30, 2024 | 366.37 Mn |
| Mar 31, 2024 | 376.49 Mn |
| Dec 31, 2023 | 340.84 Mn |
| Sep 30, 2023 | 342.15 Mn |
| Jun 30, 2023 | 343.99 Mn |
| Mar 31, 2023 | 341.01 Mn |
| Dec 31, 2022 | 302.56 Mn |
| Sep 30, 2022 | 306.02 Mn |
| Jun 30, 2022 | 289.74 Mn |
| Mar 31, 2022 | 290.30 Mn |
| Dec 31, 2021 | 246.40 Mn |
API Access
Cbiz Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CBZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CBZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CBZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();