Maximus Q3 adjusted EPS $2.22 beats $2.16 YoY; cuts FY2026 guidance on federal contract modification

MAXIMUS, INC.

Revenue $1.28B vs $1.35B prior year; diluted EPS $1.95 (adjusted $2.22) vs $1.86 ($2.16).
FY2026 adjusted EPS guidance lowered to $7.90-8.20; adjusted EBITDA margin ~13.7%.
Temporary customer-directed contractual modification on major federal program effective July-Dec 2026.
U.S. Federal Services revenue $721M (down $40M YoY) but operating margin improved to 18.6% from 18.1%.
Free cash flow guidance updated to $425-475M; DSO 98 days, expected below 70 by year-end.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.