When did Maximus report Q1 2026 earnings?

Maximus (MMS) reported Q1 2026 earnings on February 5, 2026 before market open.

What were Maximus's Q1 2026 revenue and EPS?

Maximus reported revenue of $1.3B and eps of $1.85 for Q1 2026.

Did Maximus beat estimates in Q1 2026?

Revenue missed the consensus estimate of $1.4B by $29.9M. EPS beat the consensus estimate of $1.84 by $0.01.

How did Maximus's Q1 2026 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 4.1% from $1.4B a year earlier and eps grew 14.9% from $1.61.

Where can I find Maximus's Q1 2026 SEC filings?

You can read the 8-K earnings release (0001032220-26-000012) and the 10-Q periodic report (0001032220-26-000014) directly on SEC EDGAR. The filing index links above go to sec.gov.

Maximus MMS Q1 2026 earnings

Reported February 5, 2026 · Before market open

Revenue$1.3BMiss by $29.9M

EPS$1.85Beat by $0.01

Revenue estimate$1.4B

EPS estimate$1.84

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$1.3B

EPS estimate$2.20

Financials

Q1 2026

Income statement

See full

Revenue$1.3B-4.1%

Gross profit$318.7M+5.7%

Operating income$146.2M+68.5%

Net income$93.9M+128%

EPS (diluted)$1.70+146%

Balance sheet

See full

Cash & equivalents$137.6M+89.4%

Total debt$1.7B+10.2%

Total equity$1.7B+4.4%

Total assets$4.2B+3.7%

Cash flow

See full

Operating cash flow-$244.4M-206%

CapEx$6.3M-72.8%

Free cash flow-$250.7M-143%

Valuation & ratios

Valuation

as of 12/31/25

See full

Market cap$4.7B+5.2%

Enterprise value$6.23B+5.5%

P/E12.6×-3.1×

P/S0.9×0.0×

Profitability

See full

Gross margin25.1%+1.8pp

Operating margin10.9%+2.2pp

Net margin6.9%+1.6pp

FCF margin4.1%-1.5pp

Returns & leverage

See full

Return on equity22.1%+5.2pp

Debt / equity1×+0.1×

Current ratio2.3×+0.6×

Segments

By product

See full

Program Operations$676.4M-7.1%

Clinical Services$523.7M+11.1%

Technology Solutions$74.8M-16.5%

Employment & Other$70.2M-38.2%

By segment

See full

U.S. Services$415.2M-8.2%

Outside the U.S.$143.2M-15.7%

Versus estimates

Revenue

Q2 2026$1.3BMiss by $7.9M

Q1 2026$1.3BMiss by $29.9M

Q4 2025$1.3BMiss by $22.7M Q3 2025$1.3BBeat by $7.3M Q2 2025$1.4BBeat by $71.3M Q1 2025$1.4BBeat by $114.0M

Diluted EPS

Q2 2026$2.07Beat by $0.09

Q1 2026$1.85Beat by $0.01

Q4 2025$1.62Miss by $0.05 Q3 2025$2.16Beat by $0.77 Q2 2025$2.01Beat by $0.64 Q1 2025$1.61Beat by $0.22

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Questions, answered.

When did Maximus report Q1 2026 earnings?: Maximus (MMS) reported Q1 2026 earnings on February 5, 2026 before market open.
What were Maximus's Q1 2026 revenue and EPS?: Maximus reported revenue of $1.3B and eps of $1.85 for Q1 2026.
Did Maximus beat estimates in Q1 2026?: Revenue missed the consensus estimate of $1.4B by $29.9M. EPS beat the consensus estimate of $1.84 by $0.01.
How did Maximus's Q1 2026 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 4.1% from $1.4B a year earlier and eps grew 14.9% from $1.61.
Where can I find Maximus's Q1 2026 SEC filings?: You can read the 8-K earnings release (0001032220-26-000012) and the 10-Q periodic report (0001032220-26-000014) directly on SEC EDGAR. The filing index links above go to sec.gov.