Short answer
MAXIMUS, INC. (MMS) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.3B (down 4.1% year over year) with net income of $98M.
Q1 2026 key financials · XBRL
- Revenue
- $1.3B
- −4.1% YoY · −2.9% QoQ
- Net income
- $98M
- +1.5% YoY · +4.4% QoQ
- Operating margin
- 11.4%
- Gross margin
- 26.2%
- EPS (diluted)
- $1.80
- +8.4% YoY · +5.9% QoQ
Source: XBRL data from the MAXIMUS, INC. (MMS) Q1 2026 10-Q on SEC EDGAR. USD.
MAXIMUS, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.306B, down 4.1% YoY from $1.362B
- Gross margin 26.2% vs 24.9%; operating margin 11.4% vs 11.2%
- Best segment U.S. Federal Services: revenue $753.1M, operating margin 17.6% vs 15.3%
- Worst segment Outside the U.S.: revenue $137.1M, operating margin (2.3)% vs 3.4%
- Cash $157.5M; six-month operating cash outflow $54.9M vs $37.3M; $155.0M share repurchases
- Outlook: Federal margin approximately 17.5%; U.S. Services approximately 10%; Outside U.S. breakeven; collections expected to improve in second half
Risk Factors
- No material risk-factor changes during six months ended March 31, 2026
- Prior 10-K risks carried forward without quarterly updates
- No newly triggered regulatory, legal, compliance, operational, competitive, or financial risk disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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