In Q2 FY2026 (ended March 31, 2026), Maximus reported revenue of $1.306 billion, down 4.1% year-over-year. Net income was $98.1 million, up 1.5%, while operating income fell 2.9% to $148.5 million. Diluted EPS grew 6.5% to $1.80. The company held $157.5 million in cash, $1.472 billion in long-term debt, and $1.697 billion in equity.
•Revenue decreased 4.1% YoY to $1.306B.
•Net income rose 1.5% to $98.1M; diluted EPS up 6.5% to $1.80.
Maximus is a provider of government services globally. Its operations are structured into three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Federal Services segment offers business process services, eligibility and enrollment, outreach, and services for federal health and human services programs.
Its portfolio also includes clinical services, and technology solutions, such as application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, data management, and infrastructure and engineering solutions. The U.S. Services segment offers program eligibility support and enrollment.
Its portfolio also includes centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment, application assistance and independent health plan choice counseling, beneficiary outreach, education, eligibility, enrollment, and redeterminations, subsidized telephone services, and person-centered independent assessment services.
This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services.
Its portfolio also includes technology solutions, and system implementation project management services. The Outside the U.S. segment offers BPS and technology solutions for international governments
Including health and disability assessments, program administration for employment services, wellbeing solutions and job seeker-related services, digitally-enabled customer services, and technologies for modernization. Founded in 1975, Maximus is headquartered in McLean, Virginia.
Maximus, Inc. is a provider of government services globally, operating through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Federal Services segment offers business process services, eligibility and enrollment support, outreach, and services for federal health and human services programs. It also provides clinical services and technology solutions including application development, advanced analytics, cybersecurity, and data management. The U.S. Services segment focuses on program eligibility support and enrollment, with services such as multilingual contact centers, digital self-service options, beneficiary outreach, and employment services like case management and job-readiness preparation. The Outside the U.S. segment delivers business process services and technology solutions to international governments, covering health and disability assessments and program administration for employment services.
Where is Maximus (MMS) listed and in which currency?
Maximus, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MMS. Its financials are reported in US Dollars (USD), as the company is headquartered in the United States and its primary operations are in the U.S. market.
What sector and industry does Maximus (MMS) operate in?
Maximus, Inc. is classified under the Industrials sector and the Specialty Business Services industry. This means the company provides specialized support services to other businesses or government entities, focusing on non-core functions such as business process outsourcing, technology solutions, and program administration. As a specialty business services firm, Maximus helps government agencies manage health and human services programs, employment services, and related administrative tasks.
What markets does Maximus (MMS) serve?
Maximus, Inc. serves government clients in the United States and internationally. Its U.S. Federal Services segment works with federal health and human services programs, while the U.S. Services segment supports state and local government programs, including Medicaid enrollment, health insurance exchanges, and employment services. The Outside the U.S. segment provides services to international governments, such as health and disability assessments and employment program administration. The company's global reach includes operations in multiple countries, though specific locations are not detailed in the available data.
How does Maximus (MMS) generate revenue?
Maximus generates revenue by providing business process services (BPS) and technology solutions to government clients under long-term contracts. Its U.S. Federal Services segment earns revenue from federal contracts for eligibility and enrollment support, clinical services, and technology modernization. The U.S. Services segment generates revenue through state contracts for program eligibility, enrollment, and employment services, including contact center operations and case management. The Outside the U.S. segment earns revenue from international government contracts for health assessments and program administration. The company's diversified portfolio across federal, state, and international clients helps stabilize its revenue streams.