Maximus, Inc. revenue by segment MMS

Annual Quarterly

Maximus, Inc. splits its revenue into 10 lines in its filings. The largest line in fiscal 2025, which ended Sep 30, 2025 was Program Operations at $2.7 billion, 49% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Sep 30, 2025	FY 2024 Sep 30, 2024	FY 2023 Sep 30, 2023	FY 2022 Sep 30, 2022	FY 2021 Sep 30, 2021	FY 2020 Sep 30, 2020	FY 2019 Sep 30, 2019	FY 2018 Sep 30, 2018	FY 2017 Sep 30, 2017	FY 2016 Sep 30, 2016
Revenue	5,248	5,431	5,306	4,905	4,631	4,254	3,462	2,887	2,392	2,451	2,403
Program Operations	2,529 -4.9% share 48.2%	2,651 +3.1% share 48.8%	2,570 +2.8% share 48.4%	2,501 -3.7% share 51.0%	2,597 -5.8% share 56.1%	2,756 share 64.8%	—	—	—	—	—
Clinical Services	2,173 +7.2% share 41.4%	2,101 +11.1% share 38.7%	1,891 +27.3% share 35.6%	1,486 +26.4% share 30.3%	1,176 +68.1% share 25.4%	699 share 16.4%	—	—	—	—	—
Program Administration	—	—	—	—	—	1,155 +22.2% share 27.1%	945 +6.9% share 27.3%	884 share 30.6%	—	—	—
Workforce Services	—	—	—	—	—	358 +73.3% share 8.4%	207 -24.2% share 6.0%	273 share 9.4%	—	—	—
Employment And Other	266 -33.0% share 5.1%	355 -24.4% share 6.5%	469 -9.9% share 8.8%	521 -5.6% share 10.6%	552 +19.0% share 11.9%	464 share 10.9%	—	—	—	—	—
Technology Solutions	280 -19.0% share 5.3%	325 -13.4% share 6.0%	375 -5.5% share 7.1%	397 +29.6% share 8.1%	306 -8.7% share 6.6%	336 +98.2% share 7.9%	169 +5.6% share 4.9%	160 share 5.6%	—	—	—
Employment And Children Services	—	—	—	—	—	321 +67.8% share 7.5%	191 +90.2% share 5.5%	100 share 3.5%	—	—	—
Assessments And Appeals	—	—	—	—	—	138 -2.2% share 3.3%	141 +3.9% share 4.1%	136 share 4.7%	—	—	—
Workforce And Children Services	—	—	—	—	—	—	—	100 share 3.5%	—	—	—
Other	—	—	—	—	—	48 -6.6% share 1.1%	52 -8.0% share 1.5%	56 share 1.9%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: MMS (NYSE)
Fiscal year ends: September 30
Incorporated in: VA
Headquarters: Mclean, VA
SEC filer status: Large accelerated filer
SEC CIK: 1032220
Former names: MAXIMUS INC (until Jul 2, 2019)

Other Services-Business Services, NEC companies

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.