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| Date | Value |
|---|---|
| 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 |