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Maximus (MMS) Operating Expenses (2016 - 2025)

Maximus (MMS) has disclosed Operating Expenses for 17 consecutive years, with $152.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 20.64% to $152.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $673.5 million, a 2.97% decrease, with the full-year FY2025 number at $713.1 million, up 6.18% from a year prior.
  • Operating Expenses was $152.2 million for Q4 2025 at Maximus, down from $187.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $191.7 million in Q4 2024 to a low of $112.4 million in Q1 2021.
  • A 5-year average of $154.6 million and a median of $157.5 million in 2025 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: soared 875906.25% in 2021, then decreased 20.64% in 2025.
  • Maximus' Operating Expenses stood at $124.2 million in 2021, then increased by 17.9% to $146.5 million in 2022, then increased by 15.53% to $169.2 million in 2023, then increased by 13.32% to $191.7 million in 2024, then fell by 20.64% to $152.2 million in 2025.
  • Per Business Quant, the three most recent readings for MMS's Operating Expenses are $152.2 million (Q4 2025), $187.7 million (Q3 2025), and $170.8 million (Q2 2025).