Maximus raises FY25 guidance as Q3 revenue rises 2.5% to $1.35 billion
Maximus reported fiscal third-quarter 2025 results for the quarter ended June 30, 2025, with revenue up 2.5% to $1.35 billion and diluted EPS of $1.86, compared with $1.46 a year earlier. The company raised its full-year fiscal 2025 revenue and adjusted EPS guidance, but free cash flow was an outflow of $198.2 million in the quarter, driven by payment delays on two large programs. For shareholders, the guidance raise is the main development, while the cash outflow and a 6.9% drop in U.S. Services revenue are offsetting points.
Key points
- Revenue rose 2.5% to $1.35 billion; diluted EPS was $1.86 versus $1.46 a year earlier
- FY25 revenue guidance raised to a range of $5.375 billion to $5.475 billion; adjusted diluted EPS guidance set at $7.35 to $7.55
- U.S. Services segment revenue fell 6.9% to $439.8 million; free cash flow was an outflow of $198.2 million in the quarter
- Quarterly cash dividend of $0.30 per share payable August 31, 2025, to holders of record on August 15, 2025
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.