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Maximus

MMS

Maximus, Inc. is a leading provider of government services, specializing in the administration of large-scale public programs.

Market cap
$3.2B-20.2%
Revenue$5.3B-1.4%
Net income$373.3M+24.4%
EPS (diluted)$6.67+32.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$1.3B
EPS estimate$2.20

Financials

Q2 2026

Income statement

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Revenue$1.3B-4.1%
Gross profit$342.3M+1.0%
Operating income$148.5M-2.9%
Net income$98.1M+1.5%
EPS (diluted)$1.80+6.5%

Balance sheet

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Cash & equivalents$157.5M+45.7%
Total debt$1.6B+0.5%
Total equity$1.7B+1.8%
Total assets$4.2B+0.9%

Cash flow

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CapEx$10.5M-38.9%

Valuation & ratios

Valuation

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Market cap$3.2B-20.2%
Enterprise value$4.67B-19.8%
P/E8.6×-4.4×
P/S0.6×-0.2×

Profitability

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Gross margin25.5%+1.8pp
Operating margin11%+1.8pp
Net margin7%+1.5pp

Returns & leverage

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Return on equity22.2%+4.8pp
Debt / equity0.0×
Current ratio2.2×+0.4×

Segments

By product

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Program Operations$644.9M-6.6%
Clinical Services$530.8M+5.3%
Technology Solutions$70.3M-20.2%
Employment & Other$60.0M-24.0%

By segment

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U.S. Services$415.8M-6.0%
Outside the U.S.$137.1M-3.1%

Competitors

Profile

Maximus, Inc. is a leading provider of government services, specializing in the administration of large-scale public programs. The company partners with government agencies to deliver essential health and human services, focusing on program management, clinical assessments, and technology-driven business process outsourcing.

Competitive position

A dominant player in the government services market with a specialized focus on health and human services administration.

GeographiesUnited States, United Kingdom, Canada, Saudi Arabia
Customer segmentsFederal Government, State and Local Government, Public Health Agencies
Business modelB2G (Business-to-Government), Business Process Outsourcing (BPO), Service-based
SuppliersCloud Infrastructure Providers, Specialized Labor, Software Vendors
CustomersGovernment Agencies, Public Program Beneficiaries
Listed1997
Employees39.6K
CEOBruce L. Caswell
FilingsSEC EDGAR

Questions, answered.

What is Maximus's market cap?
Maximus (MMS) has a market capitalization of $3.2B and trades on NYSE.
What is Maximus's revenue and profitability?
Maximus generated $5.3B in trailing twelve-month revenue with net income of $373.3M, representing a net margin of 7.0%. Gross margin stands at 25.5%. These figures are based on the Q1 2026 filing.
Who are Maximus's competitors?
Maximus's key competitors include Booz Allen Hamilton, Conduent, Leidos, and others. These companies compete in similar markets and product categories.
Who does Maximus partner with?
Maximus's notable partners include Amazon Web Services, Microsoft.
What subsidiaries does Maximus have?
Maximus's subsidiaries include Attain Federal, Vangent, Aidvantage.
Where is Maximus headquartered?
Maximus is headquartered in United States of America and employs approximately 39,600 people. It has been publicly traded since 1997.