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Maximus, Inc. income statement

In fiscal 2025, Maximus, Inc. reported revenue of $5.43bn, up 2.4% on the year before, operating income of $528m (a 9.7% margin) and net income of $319m, or $5.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Sept 20092010Sept 20102011Sept 20112012Sept 20122013Sept 20132014Sept 20142015Sept 20152016Sept 20162017Sept 20172018Sept 20182019Sept 20192020Sept 20202021Sept 20212022Sept 20222023Sept 20232024Sept 20242025Sept 2025LTMJun 2026
Revenue7208329301,0501,3311,7012,1002,4032,4512,3922,8873,4624,2544,6314,9055,3065,4315,248
Cost of revenue5296116767629451,2491,5871,8411,8391,7982,2162,7513,3083,6913,8764,0554,0983,905
Gross profit1912212542883864525135626125946717119479401,0291,2521,3331,343
Selling, general and administrative107119132161194221239269285285321387494534639672713681
Operating income89107122127185225260287314295317288409326295488528579
Interest expense—————0142132—4684828489
Income before tax89108126132189227260286314299317287384277210407445491
Income tax353944567282100106102787773927349100126121
Net income47708176117145158178209221241215291204162307319371
Diluted EPS$0.65$0.98$1.14$1.09$1.67$2.11$2.35$2.69$3.17$3.35$3.72$3.39$4.67$3.29$2.63$4.99$5.51$6.73
Diluted shares (average)72m72m71m70m70m69m67m66m66m66m65m63m62m62m61m61m58m55m
EBITDA101126145154216268307345369347370353455368350522570630

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Maximus, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Maximus, Inc.