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CBIZ CBZ Bad debt expense, net of recoveries

Bad debt expense, net of recoveries at other companies

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$0
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$0-100%
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Other financials

Income statement

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Revenue$848.6M+1.3%
Gross profit$226.0M-0.9%
Operating income$196.4M-1.8%
Net income$161.6M+31.6%
EPS (diluted)$2.63+37.7%

Balance sheet

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Cash & equivalents$177.1M+18.6%
Total debt$2.0B+2.0%
Total equity$1.9B-1.1%
Total assets$4.6B+1.0%

Cash flow

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Operating cash flow-$25.5M+71.1%
CapEx$3.0M-42.1%
Free cash flow-$28.5M+69.5%

Valuation

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Market cap$2.96B-13.3%
Enterprise value$4.77B-8.4%
P/E8.3×
P/S1.1×-0.3×

Profitability

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Gross margin14.5%-0.6pp
Operating margin7.2%
Net margin7.5%
FCF margin8.7%+4.7pp

Returns & leverage

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Return on equity11.2%
Debt / equity1.1×0.0×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by CBIZ in its filing.

Tagged under the XBRL concept cbz:ProvisionForDoubtfulAccountsNetOfRecoveries.

The source filing: CBIZ’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 8:55 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000944148-26-000069
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net income$161,612$122,773
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization expense23,75024,791
Bad debt expense, net of recoveries1,409417
Adjustment to contingent purchase price liabilities195502
Stock-based compensation expense7,5305,639
Deferred income taxes14,6604,320
Amortization of deferred financing fees1,3491,298

Item 1. Financial Statements

FAQ

What is CBIZ's bad debt expense, net of recoveries?
CBIZ (CBZ) reported bad debt expense, net of recoveries of $1.41M in Q1 2026.
How has CBIZ's bad debt expense, net of recoveries changed year-over-year?
CBIZ's bad debt expense, net of recoveries increased by 237.9% year-over-year, from $417K to $1.41M.
What is the long-term trend for CBIZ's bad debt expense, net of recoveries?
Over 3 years (2021 to 2025), CBIZ's bad debt expense, net of recoveries has grown at a 33.6% compound annual growth rate (CAGR), from $3.05M to $7.29M.
What does bad debt expense, net of recoveries mean?
This represents the net expense recognized for accounts receivable deemed uncollectible, adjusted for any subsequent recoveries of previously written-off amounts. It serves as a key indicator of credit risk management and the quality of the company's accounts receivable portfolio. High levels of this expense may signal deteriorating customer creditworthiness or aggressive revenue recognition practices.

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