Q3 FY2026 · ended Jun 30, 2026 · Revenue $1.28B, -5.1% YoY · Filed Aug 6, 2026
Maximus, Inc. (MMS) files with the SEC under industry code 7389, Services-Business Services, NEC. In Q3 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $1.3 billion and net income of $103.6 million. Free cash flow was -$137.0 million. As of Jun 30, 2026 it held $57.0 million in cash and investments and $1.7 billion in total debt.
Revenue
$1.28B
-5.1% vs year-ago quarter
Net income
$103.59M
-2.3% vs year-ago quarter
Operating cash flow
$-124.99M
+31.6% vs year-ago quarter
Free cash flow
$-136.97M
+30.9% vs year-ago quarter
EPS
$1.95
+4.8% vs year-ago quarter
Dividend per share
$0.33
+10.0% vs year-ago quarter
Shares outstanding
52.36M
-7.1% vs year-ago quarter
Net cash
$-1.67B
Q3 FY2026
Operating margin
11.0%
TTM
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
- Visa Inc. V
- Mastercard Inc MA
- Alibaba Group Holding Ltd BABA
- Accenture plc ACN
- Uber Technologies, Inc UBER
- PDD Holdings Inc. PDD
- Mercadolibre Inc MELI
- DoorDash, Inc. DASH
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Jun 30, 2026 |
Q2 FY2026 Mar 31, 2026 |
Q1 FY2026 Dec 31, 2025 |
Q4 FY2025 Sep 30, 2025 |
Q3 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B |
| Operating income | $161.4M | $148.5M | $146.2M | $122.9M | $165.7M |
| Net income | $103.6M | $98.1M | $93.9M | $75.3M | $106.0M |
| Diluted EPS | $1.95 | $1.80 | $1.70 | $1.31 | $1.86 |
| Operating cash flow | -$125.0M | $189.5M | -$244.4M | $649.4M | -$182.7M |
| Free cash flow | -$137.0M | $179.0M | -$250.7M | $641.8M | -$198.2M |
| Total assets | $4.4B | $4.2B | $4.2B | $4.1B | $4.5B |
| Total liabilities | $2.6B | $2.5B | $2.5B | $2.4B | $2.7B |
| Stockholders' equity | $1.7B | $1.7B | $1.7B | $1.7B | $1.8B |
| Cash and investments | $57.0M | $157.5M | $137.6M | $222.4M | $59.8M |
| Total debt | $1.7B | $1.6B | $1.7B | $1.4B | $1.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Results of operations, Regulation FD disclosure
|
Oct 20, 2026 | Oct 19, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
May 28, 2026 | May 27, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 7, 2026 | May 7, 2026 |
All 1001 Maximus, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.