---
schema_version: "secwatch.filing_event.v1"
accession: "0001032220-26-000024"
form_type: "8-K"
ticker: "MMS"
cik: "0001032220"
company_name: "MAXIMUS, INC."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:21:08.477062+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Maximus Q2 EPS beats estimates, raises FY2026 guidance, authorizes $400M buyback

## Summary
- Revenue $1.31B (vs $1.36B YoY); diluted EPS $1.80, adjusted $2.07 (vs $2.01 YoY).
- Raises adjusted EBITDA margin forecast to ~14.2% (up 20bp), adjusted EPS guidance to $8.25-$8.55 (up $0.20).
- Board authorizes $400M share repurchase program (effective May 11); Q2 repurchased 1.4M shares for $111M.
- Quarterly dividend $0.33/share payable June 1 to record May 15.
- U.S. Federal Services operating margin 17.6% (up from 15.3% YoY).

## SEC filing metadata
- accession: 0001032220-26-000024
- form_type: 8-K
- ticker: MMS
- cik: 0001032220
- company_name: MAXIMUS, INC.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032220/000103222026000024/0001032220-26-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032220/000103222026000024/mms-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032220-26-000024
- JSON: https://secwatch.observer/filing/0001032220-26-000024.json
- Plain text: https://secwatch.observer/filing/0001032220-26-000024.txt

## Source-grounded claims
- claim_id: 80bc7a79a3bf68dac6028712413ff85623711a12
  claim: MAXIMUS, INC. reported the three and six months ended March 31, 2026 results: revenue $1.31 billion, EPS $1.80. Guidance raised.
  evidence_excerpt: Maximus Reports Fiscal Year 2026 Second Quarter Results Raises earnings outlook and announces $400 million share repurchase program (Tysons, Va. - May 7, 2026 ) - Maximus (NYSE: MMS), a leading provider of government services, reported financial results for the three and six months ended March 31, 2026. Highlights for the second quarter of fiscal year 2026 include: • Revenue of $1.31 billion was consistent with our full fiscal year 2026 expectations, and compares to $1.36 billion for the prior year period. • Diluted earnings per share were $1.80 and adjusted diluted earnings per share were $2.07, compared to $1.69 and $2.01, respectively, for the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032220/000103222026000024/0001032220-26-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.