Description

Maximus: The Accuracy Assistant—The AI Tool States Are Turning To for Error-Free Benefit Programs!

Maximus, a government services provider, demonstrated mixed results in its fiscal year 2026 first quarter, reflecting both strengths and challenges. The company operates in a resilient sector characterized by delivering essential services seamlessly, aligning well with government priorities. Despite operating in a sector less impacted by temporary government shutdowns, Maximus faced certain headwinds this quarter. Positively, Maximus’ total contract value of signed awards reached $246 million. However, the company’s book-to-bill ratio for the trailing twelve months stood at 0.5x, primarily due to lighter award activity within the federal segment impacted by the government shutdown. Maximus anticipates an increase in award activity in the remaining fiscal quarters, especially as federal markets and state programs like Medicaid and SNAP present opportunities. Maximus’ revenue for the quarter was $1.35 billion, a 4.1% decline from the previous year.