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Maximus MMS Change in Deferred Revenue

Change in Deferred Revenue at other companies

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$38.9M-63.5%
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-$87M-1,840%

Other financials

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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Operating cash flow-$244.4M-206%
CapEx$10.5M-38.9%
Free cash flow-$250.7M-143%

Valuation

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Market cap$2.94B-9.4%
Enterprise value$4.41B-7.5%
P/E7.9×-2.9×
P/S0.6×0.0×

Profitability

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Gross margin25.5%+1.8pp
Operating margin11%+1.8pp
Net margin7%+1.5pp
FCF margin4.1%-1.5pp

Returns & leverage

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

Where this comes from

Reported directly by Maximus in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Maximus’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Maximus's change in deferred revenue?
Maximus (MMS) reported change in deferred revenue of -$10.76M in Q1 2026.
How has Maximus's change in deferred revenue changed year-over-year?
Maximus's change in deferred revenue decreased by 251.5% year-over-year, from -$3.06M to -$10.76M.
What is the long-term trend for Maximus's change in deferred revenue?
Over 3 years (2021 to 2025), Maximus's change in deferred revenue has grown at a -15.3% compound annual growth rate (CAGR), from $53.65M to -$32.61M.
What does change in deferred revenue mean?
Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.