MAXIMUS, INC.
For the period ended Sep 30, 2025. Filed Nov 20, 2025.
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FY2025 · Filed Nov 20, 2025
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Financial Overview
A number of factors have affected our fiscal year 2025 results, the most significant of which we have listed below. More detail on these changes is presented below within our "Results of Operations" section.
Our business has grown organically, mostly from the expansion of our U.S. Federal Services Segment.
During the first quarter of fiscal year 2025, we sold our businesses in Australia and Korea. This sale resulted in a loss and increased our full-year tax rate. However, this sale, and similar sales made in fiscal year 2024, have streamlined our international businesses and resulted in improved results in our Outside the U.S. Segment.
Our operating cash flows remain strong and our overall leverage is relatively low, allowing us to make significant purchases of our own common stock.
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