MAXIMUS (MMS) Company Report

Signing Day Sports, Inc. (SGN) announced the closing of its public offering on January 14, 2026.
The offering consisted of 9,483,500 shares of common stock and warrants to purchase 14,225,250 shares of common stock.
The public offering price was $0.5905 per share and accompanying warrant.
The company received approximately $5.6 million in gross proceeds from the offering.
Warrants are initially exercisable at $0.7086 per share and will expire on the earlier of full exercise, five years from the initial exercise date, or the closing date of transactions contemplated by the Business Combination Agreement.

4 days ago

Press Release

Maxus Mining Announces Positive Results from 2025 Exploration Program at Penny Copper Project

MMS

New Projects/Investments

Maxus Mining Inc. announced positive results from its 2025 Exploration Program at the Penny Copper Project in British Columbia.
The program's Airborne Mobile Magnetotelluric (MobileMT) Survey identified laterally continuous conductive horizons, suggesting potential for stratabound copper-silver mineralization.
Field sampling confirmed copper anomalism across the project, with an outcrop sample (326313) assaying 0.34% Cu.
Maxus Mining Inc. also increased its advertising budget with RMK Marketing Inc. by an additional $250,000 CDN, bringing the total for the existing term to $500,000 CDN.

Dec 9, 2025, 1:00 PM

Press Release

Maximus Reports Q4 Earnings and FY2026 Guidance

MMS

Earnings

Guidance Update

Dividends

Maximus reported Q4 earnings of $1.62 per share and revenues of $1.32 billion, contributing to a fiscal 2025 revenue of $5.43 billion.
For fiscal 2026, the company projects revenue between $5.23 billion and $5.43 billion, with adjusted earnings per share expected to be higher than analyst estimates.
The U.S. Federal Services segment was a key driver, with revenue growth of 12.1% year-over-year to $3.07 billion and an improved operating margin of 15.3%.
Maximus demonstrated strong financial health, generating $366 million in full-year free cash flow and maintaining a leverage ratio of 1.5x.
The company declared a quarterly cash dividend of $0.30 per share, payable on December 1, 2025.

Nov 20, 2025, 4:59 PM

Morningstar

Maximus Reports Fiscal Year 2025 Results and Provides Fiscal Year 2026 Guidance

MMS

Earnings

Guidance Update

Share Buyback

Maximus reported Fiscal Year 2025 total revenue of $5,431.3 million, a 2.4% increase, and Adjusted Diluted EPS of $7.36, marking a 20.5% increase over the prior fiscal year.
For Fiscal Year 2026, the company provided guidance projecting revenue between $5.225 billion and $5.425 billion, an Adjusted EBITDA margin of approximately 13.7%, and Adjusted Diluted EPS between $7.95 and $8.25.
In FY25, Maximus repurchased approximately 5.8 million shares for ~$457 million, with an additional ~$31 million repurchased after September 30, 2025.
Key strategic priorities for Fiscal Year 2026 include expanding U.S. Federal Markets and capitalizing on policy-driven initiatives like the One Big Beautiful Bill Act (OBBBA).

Nov 20, 2025, 2:00 PM

Presentation

Maximus Reports Strong FY 2025 Results and Provides FY 2026 Guidance

MMS

Earnings

Guidance Update

New Projects/Investments

Maximus reported strong fiscal year 2025 financial results, with revenue of $5.43 billion and adjusted EPS of $7.36, driven by 3.9% organic growth.
For fiscal year 2026, the company projects revenue between $5.225 billion and $5.425 billion (midpoint $5.325 billion) and adjusted EPS between $7.95 and $8.25 (midpoint $8.10), reflecting anticipated margin expansion.
Maximus generated $366 million in free cash flow in fiscal year 2025 and repurchased approximately $457 million worth of shares. Free cash flow for fiscal year 2026 is projected to be between $450 million and $500 million.
Strategic priorities for fiscal year 2026 include expanding in U.S. federal markets, pursuing policy-driven initiatives, and deploying AI, with approximately 30 AI-related deployments planned or in process. The pipeline at September 30, 2025, was $51.3 billion, with 64% representing new work.

Nov 20, 2025, 2:00 PM

Transcript

Maximus Reports Strong Fiscal Year 2025 Results and Provides Fiscal Year 2026 Guidance

MMS

Earnings

Guidance Update

New Projects/Investments

Maximus achieved strong fiscal year 2025 results, reporting $5.43 billion in revenue, 3.9% organic growth, and $7.36 adjusted earnings per share. The company also generated $366 million in free cash flow and repurchased $457 million worth of shares.
For fiscal year 2026, Maximus projects revenue between $5.225 billion and $5.425 billion (midpoint $5.325 billion) and adjusted EPS between $7.95 and $8.25 (midpoint $8.10). Free cash flow is expected to grow 30% year-over-year to a midpoint of $475 million.
Key strategic priorities for fiscal year 2026 include expanding in U.S. federal markets, capitalizing on policy-driven initiatives such as the One Big Beautiful Bill Act for Medicaid and SNAP, and advancing the deployment of AI and tech-enabled automation.
The company's capital allocation strategy prioritizes organic investments, a $0.30 per share quarterly dividend, and strategic acquisitions to accelerate organic growth, with a bias towards the U.S. federal defense and national security space.

Nov 20, 2025, 2:00 PM

Transcript

Maximus Reports Strong Fiscal Year 2025 Results and Provides Fiscal Year 2026 Guidance

MMS

Earnings

Guidance Update

Share Buyback

Maximus reported strong fiscal year 2025 financial results, with revenue and profitability higher than projected and a consolidated organic growth rate of 3.9%. The U.S. federal services segment delivered 12.1% organic growth, and the outside-the-U.S. segment delivered 4.1% organic growth.
For fiscal year 2026, Maximus projects revenue between $5.225 billion and $5.425 billion (midpoint $5.325 billion), adjusted EBITDA margin of approximately 13.7%, adjusted EPS between $7.95 and $8.25 (midpoint $8.10), and free cash flow between $450 million and $500 million.
The company ended fiscal year 2025 with a debt ratio of 1.5 times at September 30, 2025, and repurchased approximately 5.8 million shares totaling about $457 million during the year.
Strategic priorities for fiscal year 2026 include expanding in U.S. federal markets, focusing on policy-driven initiatives such as the One Big Beautiful Bill Act (Medicaid and SNAP), and deploying AI and related tech-enabled automation.

Nov 20, 2025, 2:00 PM

Transcript

Maximus Reports Fourth Quarter and Full Year Fiscal 2025 Results and Provides 2026 Guidance

MMS

Earnings

Guidance Update

Share Buyback

Maximus reported fiscal year 2025 revenue of $5.43 billion, a 2.4% increase year-over-year, with adjusted diluted earnings per share of $7.36, compared to $6.11 in the prior year.
The company achieved a full-year operating margin of 9.7% and an adjusted EBITDA margin of 12.9% for fiscal year 2025, reflecting year-over-year margin expansion.
Cash flows from operating activities totaled $429 million and free cash flow was $366 million for fiscal year 2025. Maximus also repurchased 5.8 million shares for $457 million during the full year and declared a quarterly cash dividend of $0.30 per share.
For fiscal year 2026, Maximus provided guidance expecting revenue between $5.225 billion and $5.425 billion, an adjusted EBITDA margin of approximately 13.7%, and adjusted diluted earnings per share ranging from $7.95 to $8.25.

Nov 20, 2025, 11:52 AM

8-K

Maximus Wins U.S. Air Force Contract

MMS

New Projects/Investments

Maximus has been awarded a new Joint Cyber Command and Control Readiness contract by the U.S. Air Force Life Cycle Management Center's Cryptologic and Cyber Systems Division, valued at up to $86 million.
The contract tasks Maximus with leading engineering analysis, software modification, maintenance, and maturation of existing architecture and infrastructure to enhance interoperability and deliver innovative solutions.
The agreement includes a base year plus four one-year options and a six-month extension, indicating potential longevity and scalability.
This award marks a significant expansion of Maximus' technology portfolio within the defense sector and is their second award from this Air Force division.

Nov 5, 2025, 8:30 PM

Morningstar

Empery Digital Releases Investor Presentation and Provides Share Repurchase Update

MMS

Share Buyback

New Projects/Investments

Empery Digital released a new investor presentation outlining its strategy to adopt bitcoin as a primary treasury reserve asset and initiatives to enhance shareholder value.
As of October 17, 2025, the company has repurchased 8,139,479 shares of its common stock at an average price of $7.55 per share under its $150 million share repurchase program.
$89 million remains available for future repurchases, and the current number of shares outstanding is 43,280,756.
Empery Digital will participate in the 2025 Maxim Growth Summit on October 22-23, 2025, where its Co-CEO and Chairman will join a panel discussion.