Filing Flows › Maximus (MMS) › Free cash flow
Maximus (MMS) free cash flow by quarter
Maximus' free cash flow was $179M in Q2 FY26 (second quarter fiscal 2026), -72% from Q4 FY25. Over the last 4 quarters it ranged from $25.5M (Q2 FY25) to $642M (Q4 FY25).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY26 | $179M | -72% | +602% |
| Q4 FY25 | $642M | 25× | +387% |
| Q2 FY25 | $25.5M | -81% | — |
| Q4 FY24 | $132M | — | — |
Q2 FY26 at a glance
Maximus, Q2 FY26: revenue $1.3B (-4% year over year), operating margin 11.4%, net earnings $98.1M, operating cash flow $190M. The chart follows the revenue to costs, profit and cash.
Questions
What is Maximus' free cash flow?
Maximus' free cash flow was $179M in Q2 FY26 (second quarter fiscal 2026), -72% from Q4 FY25.
How has Maximus' free cash flow changed?
Over the last 4 quarters it ranged from $25.5M (Q2 FY25) to $642M (Q4 FY25).