Growth Metrics

Maximus (MMS) Operating Expenses (2016 - 2025)

Maximus has reported Operating Expenses over the past 17 years, most recently at $152.2 million for Q4 2025.

  • Quarterly results put Operating Expenses at $152.2 million for Q4 2025, down 20.64% from a year ago — trailing twelve months through Dec 2025 was $673.5 million (down 2.97% YoY), and the annual figure for FY2025 was $713.1 million, up 6.18%.
  • Operating Expenses for Q4 2025 was $152.2 million at Maximus, down from $187.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for MMS hit a ceiling of $191.7 million in Q4 2024 and a floor of $112.4 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $157.5 million (2025), compared with a mean of $154.6 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 50721.09% in 2021 and later decreased 20.64% in 2025.
  • Maximus' Operating Expenses stood at $124.2 million in 2021, then grew by 17.9% to $146.5 million in 2022, then grew by 15.53% to $169.2 million in 2023, then grew by 13.32% to $191.7 million in 2024, then decreased by 20.64% to $152.2 million in 2025.
  • The last three reported values for Operating Expenses were $152.2 million (Q4 2025), $187.7 million (Q3 2025), and $170.8 million (Q2 2025) per Business Quant data.