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Maximus MMS U.S. Services — Revenue

Other segment segments

Outside the U.S.
$137.07M-3.1%

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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 / equity1×0.0×
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 U.S. services — revenue?
Maximus (MMS) reported U.S. services — revenue of $415.75M in Q1 2026.
How has Maximus's U.S. services — revenue changed year-over-year?
Maximus's U.S. services — revenue decreased by 6.0% year-over-year, from $442.35M to $415.75M.
What is the long-term trend for Maximus's U.S. services — revenue?
Over 4 years (2021 to 2025), Maximus's U.S. services — revenue has grown at a 1.5% compound annual growth rate (CAGR), from $1.66B to $1.76B.
What does U.S. services — revenue mean?
Represents the total gross income generated by the U.S. Services business segment from its primary operations. This metric reflects the scale and market demand for the segment's service offerings within the domestic market.