Short answer
MAXIMUS, INC. (MMS) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.3B (down 5.1% year over year) with net income of $104M.
Q2 2026 key financials · XBRL
- Revenue
- $1.3B
- −5.1% YoY · −2.1% QoQ
- Net income
- $104M
- −2.3% YoY · +5.6% QoQ
- Operating margin
- 12.6%
- Gross margin
- 27.3%
- EPS (diluted)
- $1.95
- +5.4% YoY · +8.3% QoQ
Source: XBRL data from the MAXIMUS, INC. (MMS) Q2 2026 10-Q on SEC EDGAR. USD.
MAXIMUS, INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.279B, down 5.1% YoY from $1.348B
- Gross margin 27.3% vs 26.7%; operating margin 12.6% vs 12.3% YoY
- Best segment U.S. Federal Services: revenue $721.0M, operating margin 18.6% vs 18.1%
- Worst segment Outside the U.S.: gross profit $19.8M, down 28.0%; operating margin 0.9% vs 4.0%
- Cash used in operations $179.9M; share repurchases $204.9M; $57.0M cash balance
- Federal Services outlook: temporary modification expected to reduce diluted EPS $0.35 quarterly; fiscal 2026 margin guidance 16.5%-17%
Risk Factors
- No material risk-factor changes during nine months ended June 30, 2026 versus November 20, 2025 Form 10-K
- Carried-forward risks remain the most significant disclosed exposures
- No new regulatory, legal, compliance, operational, competitive, market, or financial risk identified in this section
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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