Quarterly ResultAug 6, 2026, 10:56 AM
MAXIMUS Q3 Revenue Down 5.2% to $1.28B; Diluted EPS Up 4.8% to $1.95
AI Summary
MAXIMUS reported Q3 2026 revenue decreased 5.2% to $1.28 billion, with net income down 2.3% to $103.6 million. However, diluted EPS rose 4.8% to $1.95, primarily due to share repurchases totaling $204.9 million over the nine months. The company also increased its Term Loan B by $325 million and declared a quarterly dividend of $0.33 per share.
Key Highlights
- Q3 2026 revenue decreased 5.2% to $1.28 billion.
- Q3 2026 net income decreased 2.3% to $103.6 million.
- Q3 2026 diluted EPS increased 4.8% to $1.95.
- Nine-month diluted EPS increased 29.8% to $5.45.
- Declared a quarterly dividend of $0.33 per share, up 10%.
- Increased Term Loan B by $325 million in May 2026.
- Purchased $204.9 million of common stock in nine months.
- Divested U.S. child support business for $15.0 million, recording $10.1 million gain.
Price Impact
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