# Maximus, Inc.: financial statements, quarterly MMS · NYSE · CIK 1032220 · [Industrials](/sectors/industrials.md) · fiscal year ends Sep 30 Pages: [Overview](/companies/mms.md) · [Financials](/companies/mms/financials.md) · [Filings](/companies/mms/filings.md) · [Insiders](/companies/mms/insiders.md) Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/mms/financials.md?period=annual). ## Income statement | Line item | Unit | Q4 FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [1,260 d](/filings/0001032220-25-000053.md) | [1,327](/filings/0001032220-25-000016.md) | [1,348](/filings/0001032220-25-000029.md) | [1,315](/filings/0001032220-25-000040.md) | [1,316 d](/filings/0001032220-25-000053.md) | [1,403](/filings/0001032220-26-000014.md) | [1,362](/filings/0001032220-26-000027.md) | [1,348](/filings/0001032220-26-000035.md) | [1,318 d](/filings/0001032220-25-000053.md) | [1,345](/filings/0001032220-26-000014.md) | [1,306](/filings/0001032220-26-000027.md) | [1,279](/filings/0001032220-26-000035.md) | | Cost of revenue | $m | [969 d](/filings/0001032220-25-000053.md) | [1,027](/filings/0001032220-25-000016.md) | [1,031](/filings/0001032220-25-000029.md) | [983](/filings/0001032220-25-000040.md) | [1,014 d](/filings/0001032220-25-000053.md) | [1,101](/filings/0001032220-26-000014.md) | [1,023](/filings/0001032220-26-000027.md) | [989](/filings/0001032220-26-000035.md) | [985 d](/filings/0001032220-25-000053.md) | [1,026](/filings/0001032220-26-000014.md) | [964](/filings/0001032220-26-000027.md) | [930](/filings/0001032220-26-000035.md) | | Gross profit | $m | [291 d](/filings/0001032220-25-000053.md) | [300](/filings/0001032220-25-000016.md) | [318](/filings/0001032220-25-000029.md) | [332](/filings/0001032220-25-000040.md) | [302 d](/filings/0001032220-25-000053.md) | [302](/filings/0001032220-26-000014.md) | [339](/filings/0001032220-26-000027.md) | [360](/filings/0001032220-26-000035.md) | [334 d](/filings/0001032220-25-000053.md) | [319](/filings/0001032220-26-000014.md) | [342](/filings/0001032220-26-000027.md) | [349](/filings/0001032220-26-000035.md) | | Selling, general and administrative | $m | [168 d](/filings/0001032220-25-000053.md) | [169](/filings/0001032220-25-000016.md) | [168](/filings/0001032220-25-000029.md) | [167](/filings/0001032220-25-000040.md) | [167 d](/filings/0001032220-25-000053.md) | [192](/filings/0001032220-26-000014.md) | [163](/filings/0001032220-26-000027.md) | [171](/filings/0001032220-26-000035.md) | [188 d](/filings/0001032220-25-000053.md) | [152](/filings/0001032220-26-000014.md) | [173](/filings/0001032220-26-000027.md) | [167](/filings/0001032220-26-000035.md) | | Operating income | $m | [99.1 d](/filings/0001032220-25-000053.md) | [108](/filings/0001032220-25-000016.md) | [127](/filings/0001032220-25-000029.md) | [142](/filings/0001032220-25-000040.md) | [112 d](/filings/0001032220-25-000053.md) | [86.8](/filings/0001032220-26-000014.md) | [153](/filings/0001032220-26-000027.md) | [166](/filings/0001032220-26-000035.md) | [123 d](/filings/0001032220-25-000053.md) | [146](/filings/0001032220-26-000014.md) | [148](/filings/0001032220-26-000027.md) | [161](/filings/0001032220-26-000035.md) | | Interest expense | $m | not reported | [21.5](/filings/0001032220-25-000016.md) | [20.4](/filings/0001032220-25-000029.md) | [20.6](/filings/0001032220-25-000040.md) | [20.0 d](/filings/0001032220-25-000053.md) | [17.5](/filings/0001032220-26-000014.md) | [21.5](/filings/0001032220-26-000027.md) | [22.7](/filings/0001032220-26-000035.md) | [22.4 d](/filings/0001032220-25-000053.md) | [20.8](/filings/0001032220-26-000014.md) | [22.1](/filings/0001032220-26-000027.md) | [23.9](/filings/0001032220-26-000035.md) | | Income tax | $m | [19.0 d](/filings/0001032220-25-000053.md) | [21.4](/filings/0001032220-25-000016.md) | [27.4](/filings/0001032220-25-000029.md) | [30.6](/filings/0001032220-25-000040.md) | [20.2 d](/filings/0001032220-25-000053.md) | [27.8](/filings/0001032220-26-000014.md) | [35.9](/filings/0001032220-26-000027.md) | [37.0](/filings/0001032220-26-000035.md) | [25.2 d](/filings/0001032220-25-000053.md) | [32.3](/filings/0001032220-26-000014.md) | [28.5](/filings/0001032220-26-000027.md) | [34.6](/filings/0001032220-26-000035.md) | | Net income | $m | [59.1 d](/filings/0001032220-25-000053.md) | [64.1](/filings/0001032220-25-000040.md) | [80.5](/filings/0001032220-25-000040.md) | [89.8](/filings/0001032220-25-000040.md) | [72.5 d](/filings/0001032220-25-000053.md) | [41.2](/filings/0001032220-26-000035.md) | [96.6](/filings/0001032220-26-000035.md) | [106](/filings/0001032220-26-000035.md) | [75.3 d](/filings/0001032220-25-000053.md) | [93.9](/filings/0001032220-26-000035.md) | [98.1](/filings/0001032220-26-000035.md) | [104](/filings/0001032220-26-000035.md) | | Diluted EPS | $ per share | not reported | [1.04](/filings/0001032220-25-000016.md) | [1.31](/filings/0001032220-25-000029.md) | [1.46](/filings/0001032220-25-000040.md) | not reported | [0.69](/filings/0001032220-26-000014.md) | [1.69](/filings/0001032220-26-000027.md) | [1.86](/filings/0001032220-26-000035.md) | not reported | [1.70](/filings/0001032220-26-000014.md) | [1.80](/filings/0001032220-26-000027.md) | [1.95](/filings/0001032220-26-000035.md) | | Basic EPS | $ per share | not reported | [1.05](/filings/0001032220-25-000016.md) | [1.31](/filings/0001032220-25-000029.md) | [1.47](/filings/0001032220-25-000040.md) | not reported | [0.69](/filings/0001032220-26-000014.md) | [1.70](/filings/0001032220-26-000027.md) | [1.87](/filings/0001032220-26-000035.md) | not reported | [1.71](/filings/0001032220-26-000014.md) | [1.81](/filings/0001032220-26-000027.md) | [1.96](/filings/0001032220-26-000035.md) | - Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax - Cost of revenue: us-gaap:CostOfRevenue - Gross profit: us-gaap:GrossProfit - Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense - Operating income: us-gaap:OperatingIncomeLoss - Interest expense: us-gaap:InterestExpenseNonoperating - Income tax: us-gaap:IncomeTaxExpenseBenefit - Net income: us-gaap:NetIncomeLoss - Diluted EPS: us-gaap:EarningsPerShareDiluted - Basic EPS: us-gaap:EarningsPerShareBasic ## Balance sheet | Line item | Unit | FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Cash and equivalents | $m | [65.4](/filings/0001032220-24-000094.md) | [104](/filings/0001032220-24-000015.md) | [77.4](/filings/0001032220-24-000050.md) | [103](/filings/0001032220-24-000075.md) | [183](/filings/0001032220-25-000053.md) | [72.7](/filings/0001032220-25-000016.md) | [108](/filings/0001032220-25-000029.md) | [59.8](/filings/0001032220-25-000040.md) | [222](/filings/0001032220-26-000035.md) | [138](/filings/0001032220-26-000014.md) | [157](/filings/0001032220-26-000027.md) | [57.0](/filings/0001032220-26-000035.md) | | Current assets | $m | [1,055](/filings/0001032220-24-000094.md) | [1,110](/filings/0001032220-24-000015.md) | [1,118](/filings/0001032220-24-000050.md) | [1,078](/filings/0001032220-24-000075.md) | [1,201](/filings/0001032220-25-000053.md) | [1,165](/filings/0001032220-25-000016.md) | [1,328](/filings/0001032220-25-000029.md) | [1,605](/filings/0001032220-25-000040.md) | [1,253](/filings/0001032220-26-000035.md) | [1,423](/filings/0001032220-26-000014.md) | [1,509](/filings/0001032220-26-000027.md) | [1,641](/filings/0001032220-26-000035.md) | | Total assets | $m | [3,986](/filings/0001032220-24-000094.md) | [4,017](/filings/0001032220-24-000015.md) | [4,041](/filings/0001032220-24-000050.md) | [4,000](/filings/0001032220-24-000075.md) | [4,132](/filings/0001032220-25-000053.md) | [4,059](/filings/0001032220-25-000016.md) | [4,200](/filings/0001032220-25-000029.md) | [4,462](/filings/0001032220-25-000040.md) | [4,070](/filings/0001032220-26-000035.md) | [4,208](/filings/0001032220-26-000014.md) | [4,239](/filings/0001032220-26-000027.md) | [4,367](/filings/0001032220-26-000035.md) | | Current liabilities | $m | [723](/filings/0001032220-24-000094.md) | [658](/filings/0001032220-24-000015.md) | [729](/filings/0001032220-24-000050.md) | [680](/filings/0001032220-24-000075.md) | [808](/filings/0001032220-25-000053.md) | [679](/filings/0001032220-25-000016.md) | [721](/filings/0001032220-25-000029.md) | [706](/filings/0001032220-25-000040.md) | [765](/filings/0001032220-26-000035.md) | [608](/filings/0001032220-26-000014.md) | [682](/filings/0001032220-26-000027.md) | [678](/filings/0001032220-26-000035.md) | | Total liabilities | $m | [2,318](/filings/0001032220-24-000094.md) | [2,299](/filings/0001032220-24-000015.md) | [2,252](/filings/0001032220-24-000050.md) | [2,181](/filings/0001032220-24-000075.md) | [2,289](/filings/0001032220-25-000053.md) | [2,412](/filings/0001032220-25-000016.md) | [2,532](/filings/0001032220-25-000029.md) | [2,689](/filings/0001032220-25-000040.md) | [2,396](/filings/0001032220-26-000035.md) | [2,488](/filings/0001032220-26-000014.md) | [2,542](/filings/0001032220-26-000027.md) | [2,626](/filings/0001032220-26-000035.md) | | Long-term debt | $m | [1,163](/filings/0001032220-24-000094.md) | [1,222](/filings/0001032220-24-000015.md) | [1,121](/filings/0001032220-24-000050.md) | [1,101](/filings/0001032220-24-000075.md) | [1,092](/filings/0001032220-25-000053.md) | [1,353](/filings/0001032220-25-000016.md) | [1,446](/filings/0001032220-25-000029.md) | [1,609](/filings/0001032220-25-000040.md) | [1,282](/filings/0001032220-26-000035.md) | [1,509](/filings/0001032220-26-000014.md) | [1,472](/filings/0001032220-26-000027.md) | [1,565](/filings/0001032220-26-000035.md) | | Current portion of debt | $m | [86.8](/filings/0001032220-24-000094.md) | [90.4](/filings/0001032220-24-000015.md) | [88.5](/filings/0001032220-24-000050.md) | [40.0](/filings/0001032220-24-000075.md) | [40.1](/filings/0001032220-25-000053.md) | [34.9](/filings/0001032220-25-000016.md) | [47.1](/filings/0001032220-25-000029.md) | [48.3](/filings/0001032220-25-000040.md) | [52.7](/filings/0001032220-26-000035.md) | [58.3](/filings/0001032220-26-000014.md) | [63.9](/filings/0001032220-26-000027.md) | [71.6](/filings/0001032220-26-000035.md) | | Shareholders' equity | $m | [1,668](/filings/0001032220-25-000053.md) | [1,718](/filings/0001032220-25-000040.md) | [1,789](/filings/0001032220-25-000040.md) | [1,819](/filings/0001032220-25-000040.md) | [1,843](/filings/0001032220-26-000035.md) | [1,647](/filings/0001032220-26-000035.md) | [1,667](/filings/0001032220-26-000035.md) | [1,773](/filings/0001032220-26-000035.md) | [1,674](/filings/0001032220-26-000035.md) | [1,720](/filings/0001032220-26-000035.md) | [1,697](/filings/0001032220-26-000035.md) | [1,741](/filings/0001032220-26-000035.md) | - Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue - Current assets: us-gaap:AssetsCurrent - Total assets: us-gaap:Assets - Current liabilities: us-gaap:LiabilitiesCurrent - Total liabilities: us-gaap:Liabilities - Long-term debt: us-gaap:LongTermDebtNoncurrent - Current portion of debt: us-gaap:LongTermDebtCurrent - Shareholders' equity: us-gaap:StockholdersEquity ## Cash flow | Line item | Unit | Q4 FY2023 (2023-09-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Operating cash flow | $m | [145 d](/filings/0001032220-25-000053.md) | [21.6](/filings/0001032220-25-000016.md) | [130 d](/filings/0001032220-25-000029.md) | [199 d](/filings/0001032220-25-000040.md) | [164 d](/filings/0001032220-25-000053.md) | [(80.0)](/filings/0001032220-26-000014.md) | [42.7 d](/filings/0001032220-26-000027.md) | [(183) d](/filings/0001032220-26-000035.md) | [649 d](/filings/0001032220-25-000053.md) | [(244)](/filings/0001032220-26-000014.md) | [190 d](/filings/0001032220-26-000027.md) | [(125) d](/filings/0001032220-26-000035.md) | | Capital expenditure | $m | [31.8 d](/filings/0001032220-25-000053.md) | [22.2](/filings/0001032220-25-000016.md) | [25.3 d](/filings/0001032220-25-000029.md) | [34.7 d](/filings/0001032220-25-000040.md) | [32.0 d](/filings/0001032220-25-000053.md) | [23.0](/filings/0001032220-26-000014.md) | [17.2 d](/filings/0001032220-26-000027.md) | [15.5 d](/filings/0001032220-26-000035.md) | [7.5 d](/filings/0001032220-25-000053.md) | [6.3](/filings/0001032220-26-000014.md) | [10.5 d](/filings/0001032220-26-000027.md) | [12.0 d](/filings/0001032220-26-000035.md) | | Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Share repurchases | $m | [0.0 d](/filings/0001032220-25-000053.md) | [0.0](/filings/0001032220-25-000016.md) | [0.0 d](/filings/0001032220-25-000029.md) | [47.3 d](/filings/0001032220-25-000040.md) | [25.8 d](/filings/0001032220-25-000053.md) | [229](/filings/0001032220-26-000014.md) | [77.9 d](/filings/0001032220-26-000027.md) | [0.0 d](/filings/0001032220-26-000035.md) | [141 d](/filings/0001032220-25-000053.md) | [40.6](/filings/0001032220-26-000014.md) | [114 d](/filings/0001032220-26-000027.md) | [49.9 d](/filings/0001032220-26-000035.md) | - Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities - Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets - Dividends paid: not reported - Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock ## Shares | Line item | Unit | Q1 FY2023 (2022-12-31) | Q2 FY2023 (2023-03-31) | Q3 FY2023 (2023-06-30) | Q1 FY2024 (2023-12-31) | Q2 FY2024 (2024-03-31) | Q3 FY2024 (2024-06-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Diluted shares (weighted) | millions of shares | [61.2](/filings/0001032220-24-000015.md) | [61.4](/filings/0001032220-24-000050.md) | [61.5](/filings/0001032220-24-000075.md) | [61.5](/filings/0001032220-25-000016.md) | [61.6](/filings/0001032220-25-000029.md) | [61.4](/filings/0001032220-25-000040.md) | [60.0](/filings/0001032220-26-000014.md) | [57.1](/filings/0001032220-26-000027.md) | [57.0](/filings/0001032220-26-000035.md) | [55.3](/filings/0001032220-26-000014.md) | [54.6](/filings/0001032220-26-000027.md) | [53.1](/filings/0001032220-26-000035.md) | - Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding Shares outstanding: 52,357,763 at 2026-08-03, from the cover of the [10-Q filed 2026-08-06](/filings/0001032220-26-000035.md) (dei:EntityCommonStockSharesOutstanding). Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.