MAXIMUS, INC.
For the period ended Sep 30, 2025. Filed Nov 20, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 20, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
10. Leases
- LEASES
| Table 10.1: Details of Lease Costs | |||
|---|---|---|---|
| For the Year Ended September 30, | |||
| 2025 | 2024 | 2023 | |
| (in thousands) | |||
| Operating lease cost | $56,104 | $69,071 | $76,630 |
| Short-term lease cost | 4,165 | 8,699 | 7,729 |
| Variable lease cost | 13,872 | 11,057 | 12,417 |
| Total operating lease costs | $74,141 | $88,827 | $96,776 |
| Table 10.2: Future Minimum Lease Payments Under Non-cancelable Operating Leases | |
|---|---|
| Amount Due | |
| (in thousands) | |
| Year ended September 30, 2026 | $44,043 |
| Year ended September 30, 2027 | 36,628 |
| Year ended September 30, 2028 | 26,382 |
| Year ended September 30, 2029 | 8,663 |
| Year ended September 30, 2030 | 3,016 |
| Thereafter | 2,033 |
| Total minimum lease payments | 120,765 |
| Less: Imputed interest | (10,871) |
| Total lease liabilities | $109,894 |
Our weighted average remaining lease term as of September 30, 2025, is 3.1 years.
For the years ended September 30, 2025, September 30, 2024, and September 30, 2023, we made cash payments of $64.5 million, $75.3 million, and $77.6 million for amounts included in our lease liabilities, respectively. New or amended leases resulted in additional right-of-use assets of $29.6 million, $27.7 million, and $109.4 million for the same periods, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.