Maximus (MMS) Cost of Revenue (2009 - 2026)

Maximus' (MMS) quarterly Cost of Revenue came in at $963.7 million in Q1 2026, down 5.79% year-on-year from $1.0 billion in Q1 2025, and down 6.11% on a QoQ basis from $1.0 billion in Q4 2025.

Maximus (MMS) Cost of Revenue (2009 - 2026) Analysis & Trends

Maximus (MMS) has 18 years of Cost of Revenue data on file, last reported at $963.7 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 5.79% year-over-year to $963.7 million in Q1 2026; TTM through Mar 2026 was $4.0 billion, a 3.81% decrease from a year earlier, with the FY2025 full-year figure at $4.1 billion, up 1.07% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $963.7 million, down from $1.0 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for MMS reached as high as $1.1 billion in Q4 2024 and fell as low as $904.0 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $987.5 million across 5 years, with a median of $984.9 million in 2025.
  • Across the five-year window, Cost of Revenue soared 30.23% in 2022 and decreased 6.79% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $1.0 billion in 2022, then climbed by 2.24% to $1.0 billion in 2023, then rose by 7.22% to $1.1 billion in 2024, then dropped by 6.79% to $1.0 billion in 2025, then slipped by 6.11% to $963.7 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $963.7 million in Q1 2026, $1.0 billion in Q4 2025, and $984.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cintas 84.44 Bn 84.26 Bn 1.45 Bn 1.39 Bn
2 Rentokil Initial 72.59 Bn 70.09 Bn - -
3 Relx 65.46 Bn 65.22 Bn - -
4 Thomson Reuters 43.38 Bn 42.52 Bn - -
5 Copart 27.84 Bn 24.49 Bn 732.88 Mn 504.19 Mn
6 Global Payments 22.95 Bn 17.09 Bn 1.70 Bn 1.27 Bn
7 Rb Global 21.64 Bn 21.45 Bn 927.90 Mn 306.70 Mn
8 UL Solutions 18.05 Bn 17.80 Bn 381.00 Mn 377.00 Mn
9 Aramark 15.19 Bn 14.71 Bn 426.39 Mn 4.48 Bn
10 Maximus 3.32 Bn 3.16 Bn 342.26 Mn 963.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 963.70 Mn
Mar 31, 2026 963.70 Mn
Dec 31, 2025 1.03 Bn
Dec 31, 2025 1.03 Bn
Sep 30, 2025 984.86 Mn
Sep 30, 2025 984.86 Mn
Jun 30, 2025 988.89 Mn
Jun 30, 2025 988.89 Mn
Mar 31, 2025 1.02 Bn
Mar 31, 2025 1.02 Bn
Dec 31, 2024 1.10 Bn
Dec 31, 2024 1.10 Bn
Sep 30, 2024 1.01 Bn
Sep 30, 2024 1.01 Bn
Jun 30, 2024 982.62 Mn
Jun 30, 2024 982.62 Mn
Mar 31, 2024 1.03 Bn
Mar 31, 2024 1.03 Bn
Dec 31, 2023 1.03 Bn
Dec 31, 2023 1.03 Bn