What is Maximus's capitalized software licenses?

Maximus (MMS) reported capitalized software licenses of $202.58M in Q1 2026.

How has Maximus's capitalized software licenses changed year-over-year?

Maximus's capitalized software licenses decreased by 4.0% year-over-year, from $210.98M to $202.58M.

What is the long-term trend for Maximus's capitalized software licenses?

Over 5 years (2020 to 2025), Maximus's capitalized software licenses has grown at a 41.3% compound annual growth rate (CAGR), from $38.03M to $214.26M.

Maximus MMS Capitalized software licenses

Capitalized software licenses at other companies

Tyler TechnologiesTYL

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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:CapitalizedComputerSoftwareNet.

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 capitalized software licenses?: Maximus (MMS) reported capitalized software licenses of $202.58M in Q1 2026.
How has Maximus's capitalized software licenses changed year-over-year?: Maximus's capitalized software licenses decreased by 4.0% year-over-year, from $210.98M to $202.58M.
What is the long-term trend for Maximus's capitalized software licenses?: Over 5 years (2020 to 2025), Maximus's capitalized software licenses has grown at a 41.3% compound annual growth rate (CAGR), from $38.03M to $214.26M.