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Maximus MMS Outside the U.S. — Revenue

Other segment segments

U.S. Services
$415.75M-6.0%

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MORNNon United States — Revenue
$182.8M+16.1%
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VSECOther Countries — Revenue
$83.39M+78.7%
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CLFOther countries — Revenue
$163M-16.2%
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NTRSNon-U.S. — Total Revenue
$608.65M+14.7%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 outside the U.S. — revenue?
Maximus (MMS) reported outside the U.S. — revenue of $137.07M in Q1 2026.
How has Maximus's outside the U.S. — revenue changed year-over-year?
Maximus's outside the U.S. — revenue decreased by 3.1% year-over-year, from $141.51M to $137.07M.
What is the long-term trend for Maximus's outside the U.S. — revenue?
Over 4 years (2021 to 2025), Maximus's outside the U.S. — revenue has grown at a -3.8% compound annual growth rate (CAGR), from $699.09M to $599.89M.
What does outside the U.S. — revenue mean?
Represents the total gross income generated by business operations conducted in international markets outside of the United States. This metric is critical for assessing the company's global footprint and its ability to diversify revenue streams beyond domestic borders.