Current Report · Items 2.02, 9.01 · 8-K

MAXIMUS, Inc.

MMSNYSEEQUITYCurrent

Results of Operations and Financial Condition

Filed Nov 20, 2025Accepted Nov 20, 2025, 6:52 AM ESTCIK 1032220Accession 0001032220-25-000049

Company context

As a leading strategic partner to government, Maximus helps improve the delivery of public services amid complex technology, health, economic, and social challenges. With a deep understanding of program service delivery, acute insights that achieve operational excellence, and an extensive awareness of the needs of the people being served, our employees advance the critical missions of our partners. Maximus provides tech-enabled services to government agencies, including innovative business process management and technology solutions, that provide improved outcomes for the public and higher levels of productivity and efficiency of government-sponsored programs. For more information, visit maximus.com.

Current securities

MMSNYSE · EQUITY · Current

Recent company filings

Disclosure sections

Items 2.02, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 2.02Item 2.02 - Results of Operations

Item 2.02 Results of Operations and Financial Condition. On November 20, 2025, the Company issued a press release announcing its financial results for the quarter and fiscal year ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report. The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Filed exhibits (1)

EX-99.1 (by filename) mms-2025x09x30x8kxex991.htm

EX-99.1 2 mms-2025x09x30x8kxex991.htm EX-99.1 Document FOR IMMEDIATE RELEASE CONTACT: James Francis, VP - IR ───────────────────────────────────────────────────────────────────── Jessica Batt, VP - IR Date: November 20, 2025 IR@maximus.com Maximus Reports Fourth Quarter and Full Year Results for Fiscal Year 2025 Delivers margin expansion, strong cash generation, and establishes fiscal year 2026 guidance (Tysons, Va. - November 20, 2025) - Maximus (NYSE: MMS), a leading provider of government services, reported financial results for the three months and year ended September 30, 2025. Highlights for fiscal year 2025 include: • Full year revenue increased 2.4% to $5.43 billion, compared to $5.31 billion for the prior year. Organic growth was 3.9% and driven by high demand for clinical services within the U.S. Federal Services Segment. • Full year operating margin was 9.7% and the adjusted EBITDA margin was 12.9%, reflecting year-over-year margin expansion. Full year diluted earnings per share were $5.51, and adjusted diluted earnings per share were $7.36. • Full year cash flows from operating …

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