
Maximus (MMS) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Maximus (MMS) last issued guidance on August 6, 2026 for fiscal year 2026. The company guided earnings per share in the range of $7.9 - $8.2, compared to a consensus EPS estimate of $8.43. Maximus also guided revenue in the range of $5.2B - $5.35B for the period.
Compared to prior guidance, Maximus lowered its EPS outlook from a previous range of $8.25 - $8.55. On the revenue side, the company maintained its revenue forecast from a prior range of $5.2B - $5.35B.
Maximus has issued 16 guidance updates between November 21, 2022 and August 6, 2026. During this period, the company raised its outlook 10 times and lowered it 3 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.20 | $1.98 | $1.83 | $1.65 |
| Actual | $2.22 | $2.07 | $1.85 | $1.62 |
| Surprise | +0.91% | +4.55% | +1.09% | -1.82% |
| Revenue | ||||
| Estimate | $1.33B | $1.32B | $1.39B | $1.34B |
| Actual | $1.28B | $1.31B | $1.34B | $1.32B |
| Surprise | -3.62% | -1.23% | -3.16% | -1.69% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.86 | $1.92 | $2.26 | $2.26 |
| Revenue | ||||
| Consensus | $1.30B | $1.41B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Aug 6, 2026 | $2.22 | $2.20 | 0.91 % |
| Q2 | May 7, 2026 | $2.07 | $1.98 | 4.55 % |
| Q1 | Feb 5, 2026 | $1.85 | $1.83 | 1.09 % |
| Q4 | Nov 20, 2025 | $1.62 | $1.65 | -1.82 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Aug 6, 2026 | $1.28B | $1.33B | -3.62 % |
| Q2 | May 7, 2026 | $1.31B | $1.32B | -1.23 % |
| Q1 | Feb 5, 2026 | $1.35B | $1.39B | -3.16 % |
| Q4 | Nov 20, 2025 | $1.32B | $1.34B | -1.69 % |