MAXIMUS, INC.

For the period ended Mar 31, 2025. Filed May 8, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

MMS$65.64+0.2%Stored close · as of Nov 9, 2026

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Contents

5. Earnings Per Share

EARNINGS PER SHARE

Table 5: Weighted Average Number of Shares - Earnings Per Share
	For the Three Months Ended		For the Six Months Ended
	March 31, 2025	March 31, 2024	March 31, 2025	March 31, 2024
(in thousands)
Basic weighted average shares outstanding	56,892	61,371	58,330	61,330
Dilutive effect of unvested RSUs and PSUs	165	251	223	243
Denominator for diluted earnings per share	57,057	61,622	58,553	61,573

The diluted earnings per share calculation for the three and six months ended March 31, 2025 excludes approximately 178,000 and 150,000 unvested anti-dilutive restricted stock units, respectively. The diluted earnings per share calculation for the three and six months ended March 31, 2024 excludes approximately 202,000 and 227,000 unvested anti-dilutive restricted stock units per share calculation, respectively.

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