| Cash Flow | 2025-06-30 |
|---|---|
| Stock compensation expense | 30,324 |
| Net income | 243,746 |
| Prepaid expenses and other current assets | -9,341 |
| Other assets and liabilities | 2,626 |
| Income taxes | 5,625 |
| Accrued compensation and benefits | -50,369 |
| Deferred contract costs | 856 |
| Deferred revenue | -8,675 |
| Accounts receivable | 553,297 |
| Accounts payable and accrued liabilities | -21,808 |
| Divestiture-related charges | -39,343 |
| Deferred income taxes | -5,829 |
| Amortization of intangible assets | 69,041 |
| Amortization of debt issuance costs and debt discount | 2,046 |
| Operating lease right-of-use assets and liabilities | -3,508 |
| Depreciation and amortization of property, equipment, and capitalized software | 27,502 |
| Net cash (used in)/provided by operating activities | -220,000 |
| Proceeds from divestitures | 736 |
| Purchases of property and equipment and capitalized software | 55,686 |
| Asset acquisition | 0 |
| Other | 2,165 |
| Net cash used in investing activities | -57,115 |
| Principal payments for debt | 810,174 |
| Other | -1,824 |
| Proceeds from borrowings | 1,335,208 |
| Tax withholding related to rsu vesting | 16,451 |
| Cash dividends paid to maximus shareholders | 51,865 |
| Payments for debt financing costs | 1,658 |
| Purchases of maximus common stock | 306,443 |
| Payments for contingent consideration | 0 |
| Net cash provided by/(used in) financing activities | 146,793 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -65 |
| Net change in cash, cash equivalents, and restricted cash | -130,387 |
MAXIMUS, INC. (MMS)
MAXIMUS, INC. (MMS)