MAXIMUS financials
$53.07+1.86%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Jun 30 | Q2 '26 Mar 31 | Q1 '26 Dec 31 | Q4 '25 Sep 30 | Q3 '25 Jun 30 | Q2 '25 Mar 31 | Q1 '25 Dec 31 | Q4 '24 Sep 30 | Q3 '24 Jun 30 | Q2 '24 Mar 31 | Q1 '24 Dec 31 | Q4 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $1.31B | $1.35B | $1.32B | $1.35B | $1.36B | $1.40B | $1.32B | $1.31B | $1.35B | $1.33B | $1.26B |
| Gross profit | $348.8M | $342.3M | $318.7M | $333.6M | $359.5M | $338.8M | $301.6M | $301.7M | $332.3M | $317.6M | $300.1M | $290.9M |
| Gross margin | 27.3% | 26.2% | 23.7% | 25.3% | 26.7% | 24.9% | 21.5% | 22.9% | 25.3% | 23.6% | 22.6% | 23.1% |
| Operating income | $161.4M | $148.5M | $146.2M | $122.9M | $165.7M | $153.0M | $86.8M | $111.8M | $141.7M | $127.5M | $107.5M | $99.1M |
| Net income | $103.6M | $98.1M | $93.9M | $75.3M | $106.0M | $96.6M | $41.2M | $72.5M | $89.8M | $80.5M | $64.1M | $59.1M |
| Net margin | 8.1% | 7.5% | 7.0% | 5.7% | 7.9% | 7.1% | 2.9% | 5.5% | 6.8% | 6.0% | 4.8% | 4.7% |
| Diluted EPS | $1.95 | $1.80 | $1.70 | $1.31 | $1.86 | $1.69 | $0.69 | $1.18 | $1.46 | $1.31 | $1.04 | $0.96 |
| EBITDA | $193.5M | $181.1M | $179.4M | $160.0M | $198.3M | $185.4M | $118.3M | $144.6M | $172.8M | $157.3M | $139.3M | $99.1M |
| Operating cash flow | -$125.0M | $189.5M | -$244.4M | $649.4M | -$182.7M | $42.7M | -$80.0M | $163.8M | $199.3M | $130.5M | $21.6M | $144.6M |
| Free cash flow | -$137.0M | $179.0M | -$250.7M | $641.8M | -$198.2M | $25.5M | -$103.0M | $131.9M | $164.6M | $105.2M | -$639.0K | $112.8M |
| Diluted shares | 53.1M | 54.6M | 55.3M | 57.6M | 57.0M | 57.1M | 60.0M | 61.4M | 61.4M | 61.6M | 61.5M | 61.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $57.0M | $157.5M | $137.6M | $222.4M | $59.8M | $108.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.64B | $1.54B | $1.57B | $1.33B | $1.66B | $1.49B |
| Total assets | $4.37B | $4.24B | $4.21B | $4.07B | $4.46B | $4.20B |
| Total liabilities | $2.63B | $2.54B | $2.49B | $2.40B | $2.69B | $2.53B |
| Shareholders' equity | $1.74B | $1.70B | $1.72B | $1.67B | $1.77B | $1.67B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology