Every 8-K that Maximus (MMS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MMS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MMS filings page.
Maximus, Inc. reported fiscal 2026 third quarter revenue of $1.28 billion, compared with $1.35 billion a year earlier, in line with internal expectations. Operating margin was 12.6% and adjusted EBITDA margin 15.0%. Net income was $103.6 million, with diluted EPS of $1.95 and adjusted diluted EPS of $2.22, both modestly higher than the prior-year period.
U.S. Federal Services generated $721 million of revenue with an operating margin of 18.6%; guidance for this segment’s full‑year margin is now 16.5%–17.0% after a temporary contractual modification effective July 1 through December 31, 2026. U.S. Services revenue was $418 million with a 10.8% margin, and Outside the U.S. revenue was $140 million with a 0.9% margin, with management still targeting breakeven for the year.
Year‑to‑date signed awards totaled $1.25 billion, with $1.35 billion pending and a total sales pipeline of $50.4 billion. At June 30, 2026, gross debt was $1.65 billion and net leverage 2.0x. Operating cash flow in the quarter was an outflow of $125 million and free cash flow an outflow of $137 million, with DSO at 98 days but improved collections in July. The company repurchased 0.75 million shares for $50.4 million and declared a quarterly dividend of $0.33 per share. Fiscal 2026 guidance calls for revenue of $5.2–$5.35 billion, adjusted EBITDA margin of about 13.7%, adjusted diluted EPS of $7.90–$8.20, and free cash flow of $425–$475 million, with interest expense estimated at $88 million and a tax rate of 24.0%–24.5%.
Maximus, Inc. entered into a Second Amendment to its Amended and Restated Credit Agreement with JPMorgan Chase Bank and other lenders, adding new term B loans in an aggregate principal amount of $325,000,000 called Tranche B-1 Term Loans. These loans share the same terms as the existing term B loans under the Credit Agreement. The company plans to use the proceeds to repay revolving loans outstanding under the Credit Agreement, repurchase its capital stock, fund working capital, and pay fees and expenses related to the amendment.
Maximus reported fiscal Q2 2026 results and raised full-year earnings guidance while authorizing a large new share repurchase program. Revenue was $1.31 billion versus $1.36 billion a year earlier, but profitability improved, with diluted EPS of $1.80 and adjusted diluted EPS of $2.07 compared to $1.69 and $2.01.
Adjusted EBITDA margin rose to 14.4%, supported by efficiency gains and AI-enabled automation. The company now expects full-year adjusted EBITDA margin of about 14.2% and adjusted EPS between $8.25 and $8.55, while keeping revenue guidance at $5.2–$5.35 billion and free cash flow at $450–$500 million.
The Board refreshed the share repurchase authorization up to $400 million after buying 2.0 million shares for roughly $151 million through May 1, 2026, and declared a quarterly dividend of $0.33 per share payable June 1, 2026.
Maximus held its Annual Meeting of Shareholders on March 10, 2026, with 50,864,001 shares represented, equal to 93.2% of the common stock entitled to vote. Shareholders elected eight directors to one-year terms ending at the 2027 annual meeting.
They also ratified KPMG LLP as the independent registered public accounting firm for the 2026 fiscal year, with 50,814,166 votes for and 13,714 against. In addition, shareholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 48,075,519 votes for and 1,136,606 against.
Maximus, Inc. furnished a current report to share its financial results for the quarter ended December 31, 2025. The company did this by issuing a press release on February 5, 2026, which is attached as Exhibit 99.1. The information is provided under Item 2.02 of the Exchange Act and is designated as “furnished,” meaning it is not treated as filed for liability purposes unless specifically incorporated into other securities law filings.
Maximus, Inc. disclosed that Chief Legal Officer and Corporate Secretary John T. Martinez notified the company on December 15, 2025 of his intention to resign, effective February 15, 2026.
The company states that his decision is solely driven by a personal desire to pursue a new opportunity aligned with his industry background and is not due to any disagreement regarding operations, policies, or practices. Martinez will remain in his current role until his departure, and Maximus has begun a search for his successor.
Maximus, Inc. filed a current report to note that on November 20, 2025 it issued a press release announcing its financial results for the quarter and fiscal year ended September 30, 2025. The press release, which contains the detailed results, is furnished as Exhibit 99.1 to the report rather than being treated as formally filed under securities law.
MAXIMUS, Inc. announced an increase to its existing stock purchase program and said it intends to buy shares opportunistically in the open market, under 10b5-1 plans, or via privately negotiated transactions. The company specified the program has no set purchase amount or expiration date and may be extended, modified, suspended or discontinued at its discretion. A press release describing the increase is filed as Exhibit 99.1 to this Current Report. The filing includes standard forward-looking statements language and points investors to the company’s Annual Report for additional risk factors and disclosures.