Maximus Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	5,374	5,431	5,306	4,905	4,631	4,254
Revenue Growth (YoY)	-0.15%	2.36%	8.19%	5.91%	8.85%	22.91%
Cost of Revenue	4,023	4,098	4,055	3,876	3,691	3,308
Gross Profit	1,351	1,333	1,252	1,029	939.81	946.98
Selling, General & Admin	673.53	713.11	671.58	639.22	534.49	494.09
Other Operating Expenses	89.31	92.05	91.57	94.59	79.42	44.36
Total Operating Expenses	762.84	805.15	763.15	733.81	613.91	538.45
Operating Income	587.71	528.29	488.5	294.79	325.9	408.53
Interest Expense	-87.37	-84.08	-82.44	-84.14	-45.97	-14.74
Other Non-Operating Income (Expense)	1.75	-0.64	-0.45	0.36	2.84	-10.11
Total Non-Operating Income (Expense)	-85.62	-84.72	-82.89	-83.78	-43.13	-24.85
Pretax Income	502.16	444.85	406.51	210.29	277.1	383.68
Provision for Income Taxes	130.38	125.82	99.6	48.5	73.27	92.48
Net Income	371.78	319.03	306.91	161.79	203.83	291.2
Net Income to Common	371.78	319.03	306.91	161.79	203.83	291.2
Net Income Growth	30.93%	3.95%	89.70%	-20.62%	-30.00%	35.75%
Shares Outstanding (Basic)	56	57	61	61	62	62
Shares Outstanding (Diluted)	57	58	61	61	62	62
Shares Change (YoY)	-7.28%	-5.79%	0.06%	-0.84%	-0.64%	-1.51%
EPS (Basic)	6.62	5.56	5.03	2.65	3.30	4.69
EPS (Diluted)	6.57	5.51	4.99	2.63	3.29	4.67
EPS Growth	41.29%	10.42%	89.73%	-20.06%	-29.55%	37.76%
Free Cash Flow	218.48	366.16	401.07	223.65	233.69	480.76
Free Cash Flow Growth	-40.33%	-8.70%	79.33%	-4.30%	-51.39%	135.80%
Free Cash Flow Per Share	3.86	6.32	6.52	3.64	3.77	7.71
Dividends Per Share	1.230	1.200	1.200	1.120	1.120	1.120
Dividend Growth	2.50%	-	7.14%	-	-	-
Gross Margin	25.13%	24.55%	23.59%	20.97%	20.29%	22.26%
Operating Margin	10.94%	9.73%	9.21%	6.01%	7.04%	9.60%
Profit Margin	6.92%	5.87%	5.78%	3.30%	4.40%	6.84%
FCF Margin	4.07%	6.74%	7.56%	4.56%	5.05%	11.30%
EBITDA	723.13	662.01	614.03	444.11	458.69	499.25
EBITDA Margin	13.46%	12.19%	11.57%	9.05%	9.90%	11.73%
EBIT	587.71	528.29	488.5	294.79	325.9	408.53
EBIT Margin	10.94%	9.73%	9.21%	6.01%	7.04%	9.60%
Effective Tax Rate	25.96%	28.28%	24.50%	23.06%	26.44%	24.10%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q