Maximus, Inc. (MMS)

Revenue Breakdown

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
US Federal Services Revenue	3.07B	3.07B	2.74B
US Federal Services Revenue Growth	0.19%	12.07%	13.88%
US Services Revenue	1.73B	1.76B	1.91B
US Services Revenue Growth	-2.10%	-7.75%	5.50%
Outside the US Revenue	573.32M	599.89M	657.14M
Outside the US Revenue Growth	-4.43%	-8.71%	-4.63%
Revenue (Total)	5.37B	5.43B	5.31B
Revenue (Total) Growth	-1.06%	2.36%	8.19%

Revenue Breakdown 2

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
Program Operations Revenue	-	2.65B	2.57B
Program Operations Revenue Growth	-	3.12%	2.79%
Clinical Services Revenue	-	2.10B	1.89B
Clinical Services Revenue Growth	-	11.09%	27.27%
Employment & Other Revenue	-	354.84M	469.30M
Employment & Other Revenue Growth	-	-24.39%	-9.92%
Technology Solutions Revenue	-	324.73M	375.11M
Technology Solutions Revenue Growth	-	-13.43%	-5.52%
Revenue (Total)	5.37B	5.43B	5.31B
Revenue (Total) Growth	-1.06%	2.36%	8.19%

Revenue Breakdown 3

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
Performance-Based Revenue	2.96B	2.95B	2.94B
Performance-Based Revenue Growth	0.10%	0.51%	21.19%
Cost-Plus Revenue	1.32B	1.32B	1.25B
Cost-Plus Revenue Growth	0.15%	5.57%	0.70%
Fixed Price Revenue	706.72M	712.88M	686.56M
Fixed Price Revenue Growth	-0.86%	3.83%	-4.27%
Time and Materials Revenue	391.04M	447.36M	432.90M
Time and Materials Revenue Growth	-12.59%	3.34%	-17.29%
Revenue (Total)	5.37B	5.43B	5.31B
Revenue (Total) Growth	-1.06%	2.36%	8.19%

Revenue Breakdown 4

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
US State Government Agencies Revenue	1.73B	1.76B	1.90B
US State Government Agencies Revenue Growth	-1.94%	-7.25%	5.65%
US Federal Government Agencies Revenue	3.00B	3.00B	2.67B
US Federal Government Agencies Revenue Growth	0.11%	12.04%	14.04%
International Government Agencies Revenue	564.94M	590.80M	642.22M
International Government Agencies Revenue Growth	-4.38%	-8.01%	-3.14%
Other Customer Revenue	79.00M	79.97M	87.43M
Other Customer Revenue Growth	-1.21%	-8.53%	-8.93%
Revenue (Total)	5.37B	5.43B	5.31B
Revenue (Total) Growth	-1.06%	2.36%	8.19%

Gross Profit

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
US Federal Services Gross Profit	852.38M	810.76M	665.76M
US Federal Services Gross Profit Growth	5.13%	21.78%	19.34%
US Services Gross Profit	400.37M	410.98M	479.79M
US Services Gross Profit Growth	-2.58%	-14.34%	27.08%
Outside the US Gross Profit	97.80M	111.70M	106.10M
Outside the US Gross Profit Growth	-12.44%	5.27%	13.87%
Gross Profit (Total)	1.35B	1.33B	1.25B
Gross Profit (Total) Growth	1.28%	6.54%	21.68%

EBIT

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
US Federal Services Operating Income	499.79M	469.16M	333.62M
US Federal Services Operating Income Growth	6.53%	40.63%	33.62%
US Services Operating Income	159.70M	171.26M	246.98M
US Services Operating Income Growth	-6.75%	-30.66%	35.30%
Outside the US Operating Income	12.89M	22.39M	7.71M
Outside the US Operating Income Growth	-42.43%	190.60%	-
Operating Income (Other)	-84.67M	-134.52M	-99.81M
Operating Income (Total)	587.71M	528.29M	488.50M
Operating Income (Total) Growth	11.25%	8.14%	65.71%

Key Performance Indicators

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013
US Federal Services Backlog	9.78B	10.29B
US Federal Services Backlog Growth	-4.92%	-25.46%
US Services Backlog	3.92B	3.87B
US Services Backlog Growth	1.27%	-20.28%
Outside the US Backlog	1.63B	2.01B
Outside the US Backlog Growth	-19.02%	-3.59%
Total Backlog	15.33B	16.17B
Total Backlog Growth	-5.20%	-22.05%

Updated Feb 5, 2026. Data Source: Fiscal.ai.