Quarterly ResultAug 6, 2026, 08:31 AM
Maximus Q3 Revenue $1.28B, EPS $1.95; FY26 Guidance Updated
AI Summary
Maximus reported its fiscal year 2026 third-quarter results, with revenue of $1.28 billion and diluted earnings per share of $1.95. The company reiterated its full-year revenue guidance but updated its adjusted diluted EPS guidance to $7.90-$8.20 and free cash flow guidance to $425-$475 million, reflecting a temporary contractual modification on a major federal program. Maximus also declared a quarterly cash dividend of $0.33 per share and repurchased $50.4 million of common stock during the quarter.
Key Highlights
- Q3 FY2026 Revenue: $1.28 billion, in line with expectations.
- Q3 FY2026 Diluted EPS: $1.95, up from $1.86 in prior year.
- Q3 FY2026 Adjusted Diluted EPS: $2.22, up from $2.16 in prior year.
- FY2026 Revenue Guidance: Reiterated at $5.2 billion to $5.35 billion.
- FY2026 Adjusted Diluted EPS Guidance: Updated to $7.90 to $8.20.
- FY2026 Free Cash Flow Guidance: Updated to $425 million to $475 million.
- Share Repurchases: $50.4 million for 0.75 million shares in the quarter.
- Quarterly Cash Dividend: $0.33 per share declared.
Price Impact
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