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	Mar '26 Mar 31, 2026	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	5,318	5,431	5,306	4,905	4,631	4,254
Revenue Growth (YoY)	-1.44%	2.36%	8.19%	5.91%	8.85%	22.91%
Cost of Revenue	3,964	4,098	4,055	3,876	3,691	3,308
Gross Profit	1,354	1,333	1,252	1,029	939.81	946.98
Selling, General & Admin	684.15	713.11	671.58	639.22	534.49	494.09
Other Operating Expenses	86.61	92.05	91.57	94.59	79.42	44.36
Total Operating Expenses	770.77	805.15	763.15	733.81	613.91	538.45
Operating Income	583.23	528.29	488.5	294.79	325.9	408.53
Interest Expense	-88.02	-84.08	-82.44	-84.14	-45.97	-14.74
Other Non-Operating Income (Expense)	0.95	-0.64	-0.45	0.36	2.84	-10.11
Total Non-Operating Income (Expense)	-87.03	-84.72	-82.89	-83.78	-43.13	-24.85
Pretax Income	496.24	444.85	406.51	210.29	277.1	383.68
Provision for Income Taxes	122.96	125.82	99.6	48.5	73.27	92.48
Net Income	373.28	319.03	306.91	161.79	203.83	291.2
Net Income to Common	373.28	319.03	306.91	161.79	203.83	291.2
Net Income Growth	24.42%	3.95%	89.70%	-20.62%	-30.00%	35.75%
Shares Outstanding (Basic)	56	57	61	61	62	62
Shares Outstanding (Diluted)	56	58	61	61	62	62
Shares Change (YoY)	-6.54%	-5.79%	0.06%	-0.84%	-0.64%	-1.51%
EPS (Basic)	6.73	5.56	5.03	2.65	3.30	4.69
EPS (Diluted)	6.68	5.51	4.99	2.63	3.29	4.67
EPS Growth	32.80%	10.42%	89.73%	-20.06%	-29.55%	37.76%
Shares Outstanding	53.11	54.81	60.35	61	60.77	61.95
Free Cash Flow	371.99	366.16	401.07	223.65	233.69	480.76
Free Cash Flow Growth	1.59%	-8.70%	79.33%	-4.30%	-51.39%	135.80%
Free Cash Flow Per Share	6.65	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	25.46%	24.55%	23.59%	20.97%	20.29%	22.26%
Operating Margin	10.97%	9.73%	9.21%	6.01%	7.04%	9.60%
Profit Margin	7.02%	5.87%	5.78%	3.30%	4.40%	6.84%
FCF Margin	7.00%	6.74%	7.56%	4.56%	5.05%	11.30%
EBITDA	718.84	662.01	614.03	444.11	458.69	499.25
EBITDA Margin	13.52%	12.19%	11.57%	9.05%	9.90%	11.73%
EBIT	583.23	528.29	488.5	294.79	325.9	408.53
EBIT Margin	10.97%	9.73%	9.21%	6.01%	7.04%	9.60%
Effective Tax Rate	24.78%	28.28%	24.50%	23.06%	26.44%	24.10%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q