earnings
confidence high
sentiment positive
materiality 0.75
Maximus Q1 adj EPS $1.85 beats prior $1.61; raises FY2026 guidance
MAXIMUS, INC.
2026-Q1 EPS reported
$1.70
revenue$1,345,046,000
- Revenue $1.35B (-4.1% YoY), in-line with expectations; GAAP EPS $1.70 vs $0.69, adj EPS $1.85 vs $1.61.
- FY2026 guidance raised: adj EBITDA margin ~14% (+30bps), adj EPS $8.05-$8.35 (up $0.10 midpoint); revenue narrowed to $5.2B-$5.35B.
- U.S. Federal Services margin improved to 16.5% (from 12.7%); U.S. Services margin fell to 7.1% (from 9.0%).
- Operating cash flow -$244M, free cash flow -$251M due to seasonality/delays; DSO 78 days.
- Dividend maintained at $0.33/share; payable March 2 to holders of record Feb 13.