Maximus (MMS) Change in Receivables (2009 - 2026)
Maximus (MMS) posted quarterly Change in Receivables of -$30.7 million for Q1 2026, down 123.37% year-over-year from $131.4 million in Q1 2025, and down 112.12% quarter-over-quarter from $253.4 million in Q4 2025.
Maximus (MMS) Change in Receivables (2009 - 2026) Analysis & Trends
Maximus (MMS) has reported Change in Receivables for 18 consecutive years, with -$30.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Receivables fell 123.37% year-over-year to -$30.7 million; the TTM figure through Mar 2026 stood at $19.6 million (down 89.83% YoY), while the FY2025 annual figure was $31.9 million, down 37.0% from the prior year.
- Change in Receivables retreated to -$30.7 million in Q1 2026 per MMS's latest filing, from $253.4 million in the prior quarter.
- Across five years, Change in Receivables topped out at $318.4 million in Q2 2025 and bottomed at -$521.4 million in Q3 2025.
- Historically, Change in Receivables has averaged $17.7 million across 5 years, with a median of $34.9 million in 2022.
- Annual changes were most pronounced in 2022 — Change in Receivables surged 1322.34% — and 2025, when it tumbled 2269.61%.
- Maximus' Change in Receivables stood at $200.7 million in 2022, then slumped by 82.38% to $35.4 million in 2023, then jumped by 192.42% to $103.5 million in 2024, then surged by 144.92% to $253.4 million in 2025, then plunged by 112.12% to -$30.7 million in 2026.
- Business Quant data shows MMS's Change in Receivables at -$30.7 million in Q1 2026, $253.4 million in Q4 2025, and -$521.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn | 10.42 Mn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn | -67.52 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn | 185.71 Mn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn | - |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn | 44.72 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn | -24.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn | -105.57 Mn |
| 10 | Maximus | 3.08 Bn | 3.03 Bn | 348.80 Mn | 266.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 266.74 Mn |
| Jun 30, 2026 | 266.74 Mn |
| Mar 31, 2026 | -30.71 Mn |
| Mar 31, 2026 | -30.71 Mn |
| Dec 31, 2025 | 253.38 Mn |
| Dec 31, 2025 | 253.38 Mn |
| Sep 30, 2025 | -521.45 Mn |
| Sep 30, 2025 | -521.45 Mn |
| Jun 30, 2025 | 318.42 Mn |
| Jun 30, 2025 | 318.42 Mn |
| Mar 31, 2025 | 131.43 Mn |
| Mar 31, 2025 | 131.43 Mn |
| Dec 31, 2024 | 103.45 Mn |
| Dec 31, 2024 | 103.45 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Jun 30, 2024 | -65.86 Mn |
| Jun 30, 2024 | -65.86 Mn |
| Mar 31, 2024 | 57.01 Mn |
| Mar 31, 2024 | 57.01 Mn |