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Maximus MMS Contract Liabilities, Non-Current

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Other financials

Income statement

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Revenue$1.3B-5.1%
Gross profit$348.8M-3.0%
Operating income$161.4M-2.6%
Net income$103.6M-2.3%
EPS (diluted)$1.95+4.8%

Balance sheet

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Cash & equivalents$57.0M-4.7%
Total debt$1.7B-2.7%
Total equity$1.7B-1.8%
Total assets$4.4B-2.1%

Cash flow

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Operating cash flow-$125.0M+31.6%
CapEx$12.0M-22.6%
Free cash flow-$137.0M+30.9%

Valuation

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Market cap$3.1B-33.5%
Enterprise value$4.77B-25.2%
P/E8.4×-6.4×
P/S0.6×-0.3×

Profitability

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Gross margin25.6%+1.6pp
Operating margin11%+1.5pp
Net margin7.1%+1.2pp
FCF margin4.1%-1.5pp

Returns & leverage

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Return on equity21.1%+3.5pp
Debt / equity0.0×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by Maximus in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Maximus’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:47 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001032220-26-000035
Line itemJune 30, 2026September 30, 2025
Operating lease liabilities, current portion38,28038,605
Other current liabilities121,14268,937
Total current liabilities678,069765,163
Deferred revenue, non-current portion35,86343,757
Deferred income taxes199,887149,020
Long-term debt, non-current portion1,565,3361,281,593
Deferred compensation plan liabilities, non-current portion66,46862,145
Operating lease liabilities, non-current portion56,60371,289

Item 1. Financial Statements

FAQ

What is Maximus's contract liabilities, non-current?
Maximus (MMS) reported contract liabilities, non-current of $35.86M in Q2 2026.
How has Maximus's contract liabilities, non-current changed year-over-year?
Maximus's contract liabilities, non-current decreased by 26.8% year-over-year, from $48.99M to $35.86M.
What is the long-term trend for Maximus's contract liabilities, non-current?
Over 4 years (2021 to 2025), Maximus's contract liabilities, non-current has grown at a 5.0% compound annual growth rate (CAGR), from $35.93M to $43.76M.
What does contract liabilities, non-current mean?
Obligation to transfer goods or services for which payment has been received, expected to be satisfied beyond one year.

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