Skip to content
Screener

Maximus MMS Q2 2025 earnings

Reported May 8, 2025 · Before market open

Revenue$1.4BBeat by $71.3M
EPS$2.01Beat by $0.64
Revenue estimate$1.3B
EPS estimate$1.37

Next report

Nov 19, 2026 (in 2 months)
Revenue estimate$1.3B
EPS estimate$1.88

Financials

Q2 2025

Income statement

See full
Revenue$1.4B+1.0%
Gross profit$338.8M+6.7%
Operating income$153.0M+20.0%
Net income$96.6M+19.9%
EPS (diluted)$1.69+29.0%

Balance sheet

See full
Cash & equivalents$108.1M+39.7%
Total debt$1.6B+18.2%
Total equity$1.7B-6.8%
Total assets$4.2B+3.9%

Cash flow

See full
Operating cash flow$42.7M-67.3%
CapEx$17.2M-32.0%
Free cash flow$25.5M-75.8%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$3.86B-25.0%
Enterprise value$5.37B-16.6%
P/E12.9×-9.1×
P/S0.7×-0.3×

Profitability

See full
Gross margin23.6%+0.7pp
Operating margin9.1%+1.5pp
Net margin5.6%+1.0pp
FCF margin4.1%—

Returns & leverage

See full
Return on equity17.4%+3.5pp
Debt / equity1×+0.2×
Current ratio1.8×+0.3×

Segments

By product

See full
Program Operations$690.8M+3.9%
Clinical Services$504.0M+8.0%
Technology Solutions$88.1M-12.5%
Employment & Other$79.0M-31.9%

By segment

See full
U.S. Services$442.4M-9.0%
Outside the U.S.$141.5M-11.9%

FAQ

When did Maximus report Q2 2025 earnings?
Maximus (MMS) reported Q2 2025 earnings on May 8, 2025 before market open.
What were Maximus's Q2 2025 revenue and EPS?
Maximus reported revenue of $1.4B and eps of $2.01 for Q2 2025.
Did Maximus beat estimates in Q2 2025?
Revenue beat the consensus estimate of $1.3B by $71.3M. EPS beat the consensus estimate of $1.37 by $0.64.
How did Maximus's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 1.0% from $1.3B a year earlier and eps grew 53.4% from $1.31.
Where can I find Maximus's Q2 2025 SEC filings?
You can read the 8-K earnings release (0001032220-25-000027) and the 10-Q periodic report (0001032220-25-000029) directly on SEC EDGAR. The filing index links above go to sec.gov.