$60.14
+0.86%Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Tysons, Virginia.
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Acceptable margins but limited operational leverage. Operating expense control is important.
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
MMS โข NYSE
| Maximus, Inc. Income Statement | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | Sep 2008 | Sep 2007 | Sep 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
5.4B | 5.3B | 4.9B | 4.6B | 4.3B | 3.5B | 2.9B | 2.4B | 2.5B | 2.4B | 2.1B | 1.7B | 1.3B | 1.1B | 929.6M | 831.7M | 717.3M | 745.1M | 738.6M | 700.9M | |
GROSS PROFIT | ||||||||||||||||||||
(4.2B) | (4.1B) | (4B) | (3.8B) | (3.4B) | (2.8B) | (2.2B) | (1.8B) | (1.8B) | (1.8B) | (1.6B) | (1.2B) | (945.2M) | (762.2M) | (676M) | (610.9M) | (525M) | (543.4M) | (561.6M) | (564.6M) | |
1.2B | 1.2B | 934M | 849.3M | 902.6M | 711M | 671.2M | 594.4M | 611.9M | 562.2M | 512.7M | 452.1M | 386M | 287.9M | 253.7M | 220.8M | 192.3M | 201.7M | 177.1M | 136.2M | |
OPERATING INCOME | ||||||||||||||||||||
(673.1M) | (668.4M) | (638.6M) | (537.6M) | (483.3M) | (422.7M) | (354.1M) | (295.5M) | (296.7M) | (281.6M) | (248.1M) | (226.8M) | (197.7M) | (157.5M) | (131.3M) | -113.4M | -102.5M | (202.6M) | (180.7M) | (139.1M) | |
(673.1M) | (668.4M) | (638.6M) | (537.6M) | (483.3M) | (387.1M) | (321M) | (285.2M) | (284.5M) | (268.3M) | (238.8M) | (226.8M) | (197.7M) | (157.4M) | (132.9M) | -113.4M | -102.5M | (115.6M) | (135.6M) | (129.7M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (4.6M) | (4.9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
576.8M | 491.7M | 295.4M | 311.8M | 419.4M | 288.3M | 317.1M | 295.5M | 313.5M | 286.6M | 259.8M | 225.3M | 186.2M | 127.6M | 122.4M | 107.4M | 89.8M | -895K | -3.1M | -2.8M | |
PRE-TAX INCOME | ||||||||||||||||||||
(84.1M) | (82.4M) | (84.1M) | (46M) | (14.7M) | (2.1M) | (3M) | (1M) | (2.2M) | (4.1M) | (1.4M) | (0.0) | (0.0) | (4K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-84.1M | -82.4M | -84.1M | -46M | -14.7M | -2.1M | -3M | -1M | -2.2M | -4.1M | -1.4M | 0.0 | 0.0 | 4.2M | 3.5M | 916K | 145K | 2.4M | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (35.6M) | (33.1M) | (4.7M) | (2.9M) | (3.5M) | (1.4M) | (0.0) | (0.0) | (90K) | -1.6M | (0.0) | (0.0) | (87M) | (45.1M) | (9.4M) | |
-131.9M | -85.2M | -85.1M | -34.7M | -35.7M | -1.2M | 213K | 3.7M | 723K | -635K | -13K | 2.1M | 2.9M | 1.5M | 3.5M | 916K | 145K | 2.4M | 6.3M | 6.9M | |
444.8M | 406.5M | 210.3M | 277.1M | 383.7M | 287.1M | 317.3M | 299.2M | 314.2M | 286M | 259.8M | 227.4M | 189.1M | 131.8M | 125.9M | 108.3M | 90M | 46.5M | 3.1M | 4M | |
NET INCOME | ||||||||||||||||||||
(125.8M) | (99.6M) | (48.5M) | (73.3M) | (92.5M) | (72.6M) | (76.8M) | (78.4M) | (102.1M) | (105.8M) | (99.8M) | (82M) | (71.9M) | (55.7M) | (43.8M) | (38.9M) | (35.4M) | (18.2M) | (11.4M) | (1.6M) | |
319M | 306.9M | 161.8M | 203.8M | 291.2M | 214.5M | 240.8M | 220.8M | 209.4M | 178.4M | 157.8M | 145.4M | 116.7M | 76.1M | 81.2M | 70.4M | 46.5M | 6.7M | -8.3M | 2.5M |
MMS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 27, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 10, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 05, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | January 22, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 18, 2025 | December 15, 2025 | 2025 | |
10-K 10-K 2025 FY FY | November 20, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 20, 2025 | November 20, 2025 | 2025 |
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