secwatch.observer — SEC 8-K summary
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Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001032220-26-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maximus Q1 adj EPS $1.85 beats prior $1.61; raises FY2026 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222026000012/0001032220-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222026000012/mms-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001032220-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer