Growth Metrics

Maximus (MMS) Gross Margin (2016 - 2025)

Maximus (MMS) has disclosed Gross Margin for 17 consecutive years, with 23.69% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 219.0% to 23.69% in Q4 2025 year-over-year; TTM through Dec 2025 was 25.13%, a 185.0% increase, with the full-year FY2025 number at 24.55%, up 96.0% from a year prior.
  • Gross Margin was 23.69% for Q4 2025 at Maximus, down from 25.3% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 26.66% in Q2 2025 to a low of 18.67% in Q2 2022.
  • A 5-year average of 22.43% and a median of 23.01% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: soared 533bps in 2021, then tumbled -480bps in 2022.
  • Maximus' Gross Margin stood at 19.82% in 2021, then decreased by -1bps to 19.59% in 2022, then grew by 15bps to 22.61% in 2023, then fell by -5bps to 21.5% in 2024, then grew by 10bps to 23.69% in 2025.
  • Per Business Quant, the three most recent readings for MMS's Gross Margin are 23.69% (Q4 2025), 25.3% (Q3 2025), and 26.66% (Q2 2025).