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MAXIMUS (MMS) Stock News

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Maximus, Inc. reports developments tied to its role as a provider of tech-enabled government services for public programs. The company supports government agencies with business process management, technology solutions, health insurance eligibility and enrollment programs, clinical services, assessments, appeals and independent medical reviews across U.S. Federal Services, U.S. Services and international operations.

Recurring news includes fiscal results, guidance updates, sales-pipeline commentary, segment trends, clinical program demand and productivity initiatives. Company updates also cover AI-enabled tools such as Accuracy Assistant for state SNAP programs, quarterly cash dividends, common-stock repurchase authorizations and governance changes involving senior legal and corporate-secretary roles.

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Maximus (NYSE: MMS) reported fiscal 3Q26 revenue of $1.28 billion, down from $1.35 billion a year ago, with diluted EPS of $1.95 and adjusted diluted EPS of $2.22, both above the prior-year period. Operating margin was 12.6% and adjusted EBITDA margin 15.0%.

U.S. Federal Services revenue was $721 million with an 18.6% margin; U.S. Services revenue was $418 million with a 10.8% margin; Outside the U.S. revenue was $140 million with a 0.9% margin. A temporary contractual modification on a major federal program effective July 1–Dec. 31, 2026, is incorporated into updated full-year guidance.

For FY26, Maximus reiterates revenue guidance of $5.2–$5.35 billion and now expects adjusted EPS of $7.90–$8.20 and adjusted EBITDA margin of about 13.7%. Free cash flow is guided to $425–$475 million. Net leverage was 2.0x. The company used $50.4 million for share repurchases and declared a quarterly dividend of $0.33 per share, payable August 31, 2026.

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Maximus (NYSE:MMS) will release fiscal 2026 third quarter and nine-month results for the period ended June 30, 2026, at 6:30 a.m. ET on Thursday, August 6, 2026.

The company will host a public conference call at 9:00 a.m. ET, accessible via webcast and telephone, with a replay available on investor.maximus.com.

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Maximus (NYSE:MMS) announced that its board approved a quarterly cash dividend of $0.33 per share. The dividend is payable on August 31, 2026 to shareholders of record as of August 14, 2026, offering investors scheduled cash returns.

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Maximus (NYSE: MMS) reported FY2026 Q2 results: revenue of $1.31B, diluted EPS of $1.80 and adjusted diluted EPS of $2.07. The company raised full-year adjusted EBITDA margin by 20 bps to ~14.2% and raised adjusted diluted EPS guidance by $0.20 to $8.25–$8.55.

The Board refreshed a share repurchase authorization up to $400M; Q2 repurchases totaled ~1.4M shares for $111M plus 0.6M shares for $39.9M through May 1, 2026. A quarterly cash dividend of $0.33 is payable June 1, 2026.

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Maximus (NYSE: MMS) named Elizabeth Moellering as General Counsel and Corporate Secretary, effective April 24, 2026. Moellering served as Interim General Counsel and Deputy General Counsel since February 2026 and joined Maximus in 2024 as Head of Litigation.

Her background includes litigation roles at Optum, federal prosecution on white‑collar and child victim cases, and private practice at Skadden Arps.

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Maximus (NYSE: MMS) will release financial results for the three and six months ended March 31, 2026, on May 7, 2026 at 6:30 a.m. ET and will host a public conference call the same day at 9:00 a.m. ET.

The call is available by webcast and phone (Domestic: 877.407.8289; International: +1.201.689.8341), and a recording will be posted at investor.maximus.com.

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Maximus (NYSE: MMS) declared a quarterly cash dividend of $0.33 per share, payable on June 1, 2026 to shareholders of record on May 15, 2026. This distribution reflects a board-approved cash payout for common shareholders, with ex‑dividend implied before the record date.

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Spire Global (NYSE: SPIR) appointed John Martinez to its board of directors, effective March 9, 2026. Martinez is chief legal officer at Parsons and previously served as chief legal officer at Maximus, bringing more than two decades of government, defense, and intelligence sector experience to Spire.

The appointment underscores Spire's focus on expanding sovereign-ready space intelligence for U.S. and allied partners.

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Maximus (NYSE: MMS) reported Q1 FY2026 results for quarter ended December 31, 2025: revenue $1.35B, diluted EPS $1.70, and adjusted diluted EPS $1.85. The company narrowed revenue guidance to $5.2B–$5.35B, raised adjusted diluted EPS guidance to $8.05–$8.35, and increased adjusted EBITDA margin to ~14%. A quarterly cash dividend of $0.33 is payable March 2, 2026.

Cash used in operations was $244M and free cash flow was an outflow of $251M; sales pipeline totaled $59.1B.

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Maximus (NYSE: MMS) launched Accuracy Assistant, an AI-enabled suite for state SNAP programs that uses predictive analytics, intelligent automation, and NLP to identify data inconsistencies and flag high-risk cases in real time before benefits are issued. The tool offers eligibility inconsistency detection, side-by-side staff support with policy guidance, auto-generated interaction summaries, and interactive dashboards for monitoring. The launch is timed ahead of federal SNAP changes requiring states to fund a portion of benefits starting October 2027 when state payment error rates exceed 6%. Maximus positions the product as a preventative quality-assurance solution to reduce error rates and strengthen program integrity.

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FAQ

What is the current stock price of MAXIMUS (MMS)?

The current stock price of MAXIMUS (MMS) is $56.92 as of September 12, 2026.

What is the market cap of MAXIMUS (MMS)?

The market cap of MAXIMUS (MMS) is approximately 3.0B.