MMS · XBRL financial data

Maximus financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MMS's year ends in late September)

In millions of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Revenue from contracts with customers	3,462	4,254	4,631	4,905	5,306	5,431
Cost of revenue	2,751	3,308	3,691	3,876	4,055	4,098
Gross profit	711	947	940	1,029	1,252	1,333
Selling, general and administrative	387	494	534	639	672	713
Operating income (loss)	288	409	326	295	488	528
Interest expense	2	—	46	84	82	84
Other income (expense)	1	(10)	(3)	(0)	0	1
Income tax expense (benefit)	73	92	73	49	100	126
Net income (loss)	215	291	204	162	307	319
Earnings per share, basic USD per share	3.40	4.69	3.30	2.65	5.03	5.56
Earnings per share, diluted USD per share	3.39	4.67	3.29	2.63	4.99	5.51
Weighted average shares, basic millions of shares	63	62	62	61	61	57
Weighted average shares, diluted millions of shares	63	62	62	61	61	58

Fiscal years (MMS's year ends in late September)

In millions of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Cash and cash equivalents	72	135	41	65	183	222
Accounts receivable	623	835	807	827	880	898
Prepaid and other current assets	73	104	182	147	133	129
Total current assets	933	1,079	1,032	1,055	1,201	1,253
Property and equipment, net	67	63	52	39	39	31
Right-of-use asset	177	179	133	164	134	101
Goodwill	593	1,774	1,779	1,779	1,783	1,782
Total assets	2,025	4,119	3,993	3,986	4,132	4,070
Current portion of long-term debt	11	81	63	87	40	53
Total current liabilities	561	789	774	723	808	765
Long-term debt	18	1,429	1,292	1,163	1,092	1,282
Lease liability, non-current	104	122	86	129	97	71
Total liabilities	783	2,639	2,443	2,318	2,289	2,396
Retained earnings	770	988	1,025	1,118	1,277	1,064
Total stockholders' equity	1,242	—	1,549	1,668	1,843	1,674
Total liabilities and equity	2,025	4,119	3,993	3,986	4,132	4,070
Common shares outstanding (cover page) millions of shares	61	62	61	61	60	54

Fiscal years (MMS's year ends in late September)

In millions of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Net income (loss)	215	291	204	162	307	319
Stock-based compensation	24	29	30	30	35	41
Net cash from operating activities	245	517	290	314	515	429
Net cash from investing activities	(44)	(1,835)	(54)	(81)	(129)	(60)
Share repurchases	167	3	96	0	73	447
Proceeds from long-term debt	638	2,318	615	—	—	—
Repayments of long-term debt	619	824	771	—	—	—
Net cash from financing activities	(230)	1,386	(248)	(251)	(276)	(344)
Net change in cash	(28)	68	(20)	(15)	114	25

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Maximus	57	1,279	(125)*	52.4M	0.5 quarters	Q3 FY26 10-QJun 30, 2026
CBIZ	18	702	25*	55.1M	—	Q3 FY26 10-QSep 30, 2026
ADT	228	1,349	440*	not reported	—	Q3 FY26 10-QSep 30, 2026
Amentum Holdings	459	3,490	146*	244.5M	—	Q3 FY26 10-QJul 3, 2026
Remitly Global	676	495	135*	211.7M	—	Q2 FY26 10-QJun 30, 2026
Sezzle	80	150	52*	33.7M	—	Q2 FY26 10-QJun 30, 2026
Concentrix	245	2,454	268*	61.1M	—	Q3 FY26 10-QAug 31, 2026
Etsy	2,066	692	160*	86.2M	—	Q3 FY26 10-QSep 30, 2026
WEX	593	524	(11)*	32.9M	28.9 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.