MAXIMUS, INC. — Form 8-K
Filed August 6, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 42/100
What the filing says
MAXIMUS reported Q3 FY26 revenue of $1.28B (down 5% YoY) and diluted EPS of $1.95 ($2.22 adjusted). A temporary customer-directed contractual modification on a major federal program, effective July 1–December 31, 2026, prompted guidance cuts: adjusted diluted EPS narrowed to $7.90–$8.20 (from implied prior range), adjusted EBITDA margin lowered to 13.7%, and free cash flow guidance reduced to $425–$475M. U.S. Federal Services Segment operating margin guidance also cut to 16.5%–17.0%. Company reiterated full-year revenue guidance at $5.2–$5.35B.
Why this rating
Material but temporary earnings headwind (~$0.30–0.50 per share impact on guidance) affecting ~2% of $3.8B market cap; contractual modification is six-month duration only; company maintains core revenue outlook and strong pipeline ($50.4B).
See more from August 6, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.