Listed

Maximus, Inc.

MMSNYSECIK 1032220IndustrialsFiscal year ends Sep 30

Latest reported revenue, Q3 FY2026$1.28bnRevenue, Q3 FY2026, three months to 2026-06-30$1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Aug 6, 2026.

Latest quarter: Q3 FY2026

Three months to Jun 30, 2026, against the same quarter a year earlier.

  • Revenue$1.28bnRevenue, Q3 FY2026, three months to 2026-06-30$1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure−5.1% on a year earlier
  • Gross margin27.3%Gross margin, Q3 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $348.8m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure+0.6 pts on a year earlier
  • Operating margin12.6%Operating margin, Q3 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $161.4m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure+0.3 pts on a year earlier
  • Net margin8.1%Net margin, Q3 FY2026, three months to 2026-06-30. net income / revenueNet income: $103.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure+0.2 pts on a year earlier
  • Diluted EPS$1.95Diluted EPS, Q3 FY2026, three months to 2026-06-30$1.95 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure+4.8% on a year earlier
  • Free cash flow−$137.0mFree cash flow, Q3 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: −$125.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Capital expenditure: $12.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Report this figure+30.9% on a year earlier

Last eight quarters

Full statements
Revenue$1.28bnGross margin 27.3%
Diluted EPS$1.95, Q3 FY2026
Free cash flow−$137.0m, Q3 FY2026
Maximus, Inc., key figures for the last eight quarters
Line itemUnitQ4 FY20242024-09-30Q1 FY20252024-12-31Q2 FY20252025-03-31Q3 FY20252025-06-30Q4 FY20252025-09-30Q1 FY20262025-12-31Q2 FY20262026-03-31Q3 FY20262026-06-30Shape over the periods
Revenue$m1,316Revenue, Q4 FY2024, three months to 2024-09-30$1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure1,403Revenue, Q1 FY2025, three months to 2024-12-31$1.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure1,362Revenue, Q2 FY2025, three months to 2025-03-31$1.36bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure1,348Revenue, Q3 FY2025, three months to 2025-06-30$1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure1,318Revenue, Q4 FY2025, three months to 2025-09-30$1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure1,345Revenue, Q1 FY2026, three months to 2025-12-31$1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure1,306Revenue, Q2 FY2026, three months to 2026-03-31$1.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure1,279Revenue, Q3 FY2026, three months to 2026-06-30$1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure
Gross margin%22.9%Gross margin, Q4 FY2024, three months to 2024-09-30. gross profit / revenueGross profit: $301.7m. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure21.5%Gross margin, Q1 FY2025, three months to 2024-12-31. gross profit / revenueGross profit: $301.6m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Revenue: $1.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure24.9%Gross margin, Q2 FY2025, three months to 2025-03-31. gross profit / revenueGross profit: $338.8m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Revenue: $1.36bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure26.7%Gross margin, Q3 FY2025, three months to 2025-06-30. gross profit / revenueGross profit: $359.5m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure25.3%Gross margin, Q4 FY2025, three months to 2025-09-30. gross profit / revenueGross profit: $333.6m. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure23.7%Gross margin, Q1 FY2026, three months to 2025-12-31. gross profit / revenueGross profit: $318.7m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure26.2%Gross margin, Q2 FY2026, three months to 2026-03-31. gross profit / revenueGross profit: $342.3m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Revenue: $1.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure27.3%Gross margin, Q3 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $348.8m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure
Operating margin%8.5%Operating margin, Q4 FY2024, three months to 2024-09-30. operating income / revenueOperating income: $111.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure6.2%Operating margin, Q1 FY2025, three months to 2024-12-31. operating income / revenueOperating income: $86.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Revenue: $1.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure11.2%Operating margin, Q2 FY2025, three months to 2025-03-31. operating income / revenueOperating income: $153.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Revenue: $1.36bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure12.3%Operating margin, Q3 FY2025, three months to 2025-06-30. operating income / revenueOperating income: $165.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure9.3%Operating margin, Q4 FY2025, three months to 2025-09-30. operating income / revenueOperating income: $122.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure10.9%Operating margin, Q1 FY2026, three months to 2025-12-31. operating income / revenueOperating income: $146.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure11.4%Operating margin, Q2 FY2026, three months to 2026-03-31. operating income / revenueOperating income: $148.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Revenue: $1.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure12.6%Operating margin, Q3 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $161.4m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure
Net margin%5.5%Net margin, Q4 FY2024, three months to 2024-09-30. net income / revenueNet income: $72.5m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure2.9%Net margin, Q1 FY2025, three months to 2024-12-31. net income / revenueNet income: $41.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure7.1%Net margin, Q2 FY2025, three months to 2025-03-31. net income / revenueNet income: $96.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.36bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure7.9%Net margin, Q3 FY2025, three months to 2025-06-30. net income / revenueNet income: $106.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure5.7%Net margin, Q4 FY2025, three months to 2025-09-30. net income / revenueNet income: $75.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Revenue: $1.32bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure7.0%Net margin, Q1 FY2026, three months to 2025-12-31. net income / revenueNet income: $93.9m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure7.5%Net margin, Q2 FY2026, three months to 2026-03-31. net income / revenueNet income: $98.1m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure8.1%Net margin, Q3 FY2026, three months to 2026-06-30. net income / revenueNet income: $103.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Revenue: $1.28bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure
Diluted EPS$ per sharenot reported (Diluted EPS not reported)0.69Diluted EPS, Q1 FY2025, three months to 2024-12-31$0.69 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure1.69Diluted EPS, Q2 FY2025, three months to 2025-03-31$1.69 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure1.86Diluted EPS, Q3 FY2025, three months to 2025-06-30$1.86 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figurenot reported (Diluted EPS not reported)1.70Diluted EPS, Q1 FY2026, three months to 2025-12-31$1.70 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure1.80Diluted EPS, Q2 FY2026, three months to 2026-03-31$1.80 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-07, accession 0001032220-26-000027.Report this figure1.95Diluted EPS, Q3 FY2026, three months to 2026-06-30$1.95 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001032220-26-000035.Report this figure
Free cash flow$m132Free cash flow, Q4 FY2024, three months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: $163.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Capital expenditure: $32.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure(103)Free cash flow, Q1 FY2025, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: −$80.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Capital expenditure: $23.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure25.5Free cash flow, Q2 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: $42.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-07, accession 0001032220-26-000027. Derived: 6-month figure less the 3-month figure.Capital expenditure: $17.2m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-05-07, accession 0001032220-26-000027. Derived: 6-month figure less the 3-month figure.Report this figure(198)Free cash flow, Q3 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: −$182.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Capital expenditure: $15.5m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Report this figure642Free cash flow, Q4 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $649.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Capital expenditure: $7.5m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-11-20, accession 0001032220-25-000053. Derived: 12-month figure less the 9-month figure.Report this figure(251)Free cash flow, Q1 FY2026, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: −$244.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Capital expenditure: $6.3m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-02-05, accession 0001032220-26-000014.Report this figure179Free cash flow, Q2 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: $189.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-07, accession 0001032220-26-000027. Derived: 6-month figure less the 3-month figure.Capital expenditure: $10.5m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-05-07, accession 0001032220-26-000027. Derived: 6-month figure less the 3-month figure.Report this figure(137)Free cash flow, Q3 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: −$125.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Capital expenditure: $12.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-08-06, accession 0001032220-26-000035. Derived: 9-month figure less the 6-month figure.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$5.43bnGross margin 24.6%
Diluted EPS$5.51, FY2025
Free cash flow$366.2m, FY2025
Maximus, Inc., key figures for the last five fiscal years
Line itemUnitFY20212021-09-30FY20222022-09-30FY20232023-09-30FY20242024-09-30FY20252025-09-30Shape over the periods
Revenue$m4,254Revenue, FY2021, twelve months to 2021-09-30$4.25bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure4,631Revenue, FY2022, twelve months to 2022-09-30$4.63bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure4,905Revenue, FY2023, twelve months to 2023-09-30$4.90bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure5,306Revenue, FY2024, twelve months to 2024-09-30$5.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure5,431Revenue, FY2025, twelve months to 2025-09-30$5.43bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure
Gross margin%22.3%Gross margin, FY2021, twelve months to 2021-09-30. gross profit / revenueGross profit: $947.0m. XBRL concept us-gaap:GrossProfit. 10-K filed 2023-11-16, accession 0001032220-23-000096.Revenue: $4.25bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure20.3%Gross margin, FY2022, twelve months to 2022-09-30. gross profit / revenueGross profit: $939.8m. XBRL concept us-gaap:GrossProfit. 10-K filed 2024-11-21, accession 0001032220-24-000094.Revenue: $4.63bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure21.0%Gross margin, FY2023, twelve months to 2023-09-30. gross profit / revenueGross profit: $1.03bn. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $4.90bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure23.6%Gross margin, FY2024, twelve months to 2024-09-30. gross profit / revenueGross profit: $1.25bn. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure24.6%Gross margin, FY2025, twelve months to 2025-09-30. gross profit / revenueGross profit: $1.33bn. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.43bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure
Operating margin%9.6%Operating margin, FY2021, twelve months to 2021-09-30. operating income / revenueOperating income: $408.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2023-11-16, accession 0001032220-23-000096.Revenue: $4.25bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure7.0%Operating margin, FY2022, twelve months to 2022-09-30. operating income / revenueOperating income: $325.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-11-21, accession 0001032220-24-000094.Revenue: $4.63bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure6.0%Operating margin, FY2023, twelve months to 2023-09-30. operating income / revenueOperating income: $294.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $4.90bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure9.2%Operating margin, FY2024, twelve months to 2024-09-30. operating income / revenueOperating income: $488.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure9.7%Operating margin, FY2025, twelve months to 2025-09-30. operating income / revenueOperating income: $528.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.43bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure
Net margin%6.8%Net margin, FY2021, twelve months to 2021-09-30. net income / revenueNet income: $291.2m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2023-11-16, accession 0001032220-23-000096.Revenue: $4.25bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure4.4%Net margin, FY2022, twelve months to 2022-09-30. net income / revenueNet income: $203.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-11-21, accession 0001032220-24-000094.Revenue: $4.63bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure3.3%Net margin, FY2023, twelve months to 2023-09-30. net income / revenueNet income: $161.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $4.90bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure5.8%Net margin, FY2024, twelve months to 2024-09-30. net income / revenueNet income: $306.9m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.31bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure5.9%Net margin, FY2025, twelve months to 2025-09-30. net income / revenueNet income: $319.0m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-11-20, accession 0001032220-25-000053.Revenue: $5.43bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure
Diluted EPS$ per share4.67Diluted EPS, FY2021, twelve months to 2021-09-30$4.67 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure3.29Diluted EPS, FY2022, twelve months to 2022-09-30$3.29 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure2.63Diluted EPS, FY2023, twelve months to 2023-09-30$2.63 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure4.99Diluted EPS, FY2024, twelve months to 2024-09-30$4.99 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure5.51Diluted EPS, FY2025, twelve months to 2025-09-30$5.51 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure
Free cash flow$m481Free cash flow, FY2021, twelve months to 2021-09-30. operating cash flow − capital expenditureOperating cash flow: $517.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2023-11-16, accession 0001032220-23-000096.Capital expenditure: $36.6m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2023-11-16, accession 0001032220-23-000096.Report this figure234Free cash flow, FY2022, twelve months to 2022-09-30. operating cash flow − capital expenditureOperating cash flow: $289.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-11-21, accession 0001032220-24-000094.Capital expenditure: $56.1m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2024-11-21, accession 0001032220-24-000094.Report this figure224Free cash flow, FY2023, twelve months to 2023-09-30. operating cash flow − capital expenditureOperating cash flow: $314.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-11-20, accession 0001032220-25-000053.Capital expenditure: $90.7m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure401Free cash flow, FY2024, twelve months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: $515.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-11-20, accession 0001032220-25-000053.Capital expenditure: $114.2m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure366Free cash flow, FY2025, twelve months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $429.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-11-20, accession 0001032220-25-000053.Capital expenditure: $63.2m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2025-11-20, accession 0001032220-25-000053.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

Funds that report holding Maximus, Inc.
FundQuarter endedReported valueSharesPut or callChange on the quarter before
BlackRock, Inc.2026-06-30$400.2m7,443,930Reduced−75,697
FMR LLC2026-06-30$298.1m5,544,432Reduced−2,633,941
VANGUARD PORTFOLIO MANAGEMENT LLC2026-06-30$182.2m3,388,533Reduced−83,103
FULLER & THALER ASSET MANAGEMENT, INC.2026-06-30$145.3m2,702,710Added+621,244
STATE STREET CORP2026-06-30$137.9m2,566,033Added+107,141
VANGUARD CAPITAL MANAGEMENT LLC2026-06-30$127.2m2,366,161Reduced−71,475
DIMENSIONAL FUND ADVISORS LP2026-06-30$126.6m2,354,118Added+246,840
REINHART PARTNERS, LLC.2026-06-30$106.6m1,982,415Added+1,127,346
GEODE CAPITAL MANAGEMENT, LLC2026-06-30$84.8m1,577,117Added+79,438
Allianz Asset Management GmbH2026-06-30$55.3m951,702Added+56,773

Recent filings

All 2,376 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

Maximus, Inc., recent filings
FiledFormWhat it isAccession number
2026-10-2011:25 ET8-K1.01 Entry into a material agreement; 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits0001032220-26-000038
2026-08-0614:47 ET10-QQuarterly reportPeriod 2026-06-300001032220-26-000035
2026-08-0612:25 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001032220-26-000033
2026-05-2820:15 ET8-K1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits0001032220-26-000030
2026-05-0715:35 ET10-QQuarterly reportPeriod 2026-03-310001032220-26-000027
2026-05-0711:28 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001032220-26-000024
2026-03-1120:24 ET8-K5.07 Shareholder vote results0001032220-26-000017
2026-02-0516:04 ET10-QQuarterly reportPeriod 2025-12-310001032220-26-000014
2026-02-0512:17 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001032220-26-000012
2026-01-2221:32 ETDEF 14AProxy statementPeriod 2026-03-100001032220-26-000007

Latest annual report

Form 10-K for the fiscal year ended Sep 30, 2025Filed Nov 20, 2025. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league

About the filer

CIK
1032220
Tickers
MMS
Exchange
NYSE
SIC code
7389 Services-Business Services, NEC
Sector
Industrials
Fiscal year ends
Sep 30
Incorporated in
VA
Filer category
Large accelerated filer
Former names
MAXIMUS INC (to 2019-07-02)

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. Listed shows no prices and gives no investment advice.