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Maximus MMS Goodwill

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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$3.06B-27.4%
Enterprise value$4.74B-20.2%
P/E8.3×-5.1×
P/S0.6×-0.2×

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:Goodwill.

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
Property and equipment, net28,48530,972
Capitalized software, net201,373214,260
Operating lease right-of-use assets88,302100,514
Goodwill1,780,5431,782,095
Intangible assets, net477,031538,266
Deferred contract costs, net60,20563,332
Deferred compensation plan assets67,87763,272
Deferred income taxes8,04711,491

Item 1. Financial Statements

FAQ

What is Maximus's goodwill?
Maximus (MMS) reported goodwill of $1.78B in Q2 2026.
How has Maximus's goodwill changed year-over-year?
Maximus's goodwill decreased by 0.1% year-over-year, from $1.78B to $1.78B.
What is the long-term trend for Maximus's goodwill?
Over 4 years (2021 to 2025), Maximus's goodwill has grown at a 0.1% compound annual growth rate (CAGR), from $1.77B to $1.78B.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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