Maximus annual gross margin
2009
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2025
Maximus Gross Margin Growth & History (MMS)
Maximus's gross margin was 24.55% for fiscal 2025.
View full Maximus company overviewMaximus annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 24.55% | +0.96 pp |
| 2024 | 2024-09-30 | 23.59% | +2.62 pp |
| 2023 | 2023-09-30 | 20.97% | +0.68 pp |
| 2022 | 2022-09-30 | 20.29% | −1.96 pp |
| 2021 | 2021-09-30 | 22.26% | +1.72 pp |
| 2020 | 2020-09-30 | 20.54% | −2.71 pp |
| 2019 | 2019-09-30 | 23.25% | −1.60 pp |
| 2018 | 2018-09-30 | 24.85% | −0.12 pp |
| 2017 | 2017-09-30 | 24.97% | +1.57 pp |
| 2016 | 2016-09-30 | 23.39% | −1.03 pp |
| 2015 | 2015-09-30 | 24.42% | −2.16 pp |
| 2014 | 2014-09-30 | 26.58% | −2.42 pp |
| 2013 | 2013-09-30 | 29.00% | +1.58 pp |
| 2012 | 2012-09-30 | 27.42% | +0.13 pp |
| 2011 | 2011-09-30 | 27.29% | +0.73 pp |
| 2010 | 2010-09-30 | 26.55% | −0.02 pp |
| 2009 | 2009-09-30 | 26.57% | — |
Maximus quarterly gross margin
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
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Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
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Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 27.27% | +0.61 pp |
| Q2 2026 | 2026-03-31 | 26.21% | +1.33 pp |
| Q1 2026 | 2025-12-31 | 23.69% | +2.19 pp |
| Q4 2025 | 2025-09-30 | 25.30% | +2.37 pp |
| Q3 2025 | 2025-06-30 | 26.66% | +1.39 pp |
| Q2 2025 | 2025-03-31 | 24.88% | +1.33 pp |
| Q1 2025 | 2024-12-31 | 21.50% | −1.11 pp |
| Q4 2024 | 2024-09-30 | 22.93% | −0.16 pp |
| Q3 2024 | 2024-06-30 | 25.27% | +3.03 pp |
| Q2 2024 | 2024-03-31 | 23.55% | +4.61 pp |
| Q1 2024 | 2023-12-31 | 22.61% | +3.02 pp |
| Q4 2023 | 2023-09-30 | 23.09% | −0.10 pp |
| Q3 2023 | 2023-06-30 | 22.24% | +3.57 pp |
| Q2 2023 | 2023-03-31 | 18.94% | −0.46 pp |
| Q1 2023 | 2022-12-31 | 19.59% | −0.23 pp |
| Q4 2022 | 2022-09-30 | 23.19% | +3.45 pp |
| Q3 2022 | 2022-06-30 | 18.67% | −4.80 pp |
| Q2 2022 | 2022-03-31 | 19.40% | −4.64 pp |
| Q1 2022 | 2021-12-31 | 19.82% | −1.97 pp |
| Q4 2021 | 2021-09-30 | 19.75% | −1.56 pp |
| Q3 2021 | 2021-06-30 | 23.47% | +2.88 pp |
| Q2 2021 | 2021-03-31 | 24.04% | +5.33 pp |
| Q1 2021 | 2020-12-31 | 21.79% | +0.35 pp |
| Q4 2020 | 2020-09-30 | 21.31% | −0.98 pp |
| Q3 2020 | 2020-06-30 | 20.59% | −3.25 pp |
| Q2 2020 | 2020-03-31 | 18.71% | −4.29 pp |
| Q1 2020 | 2019-12-31 | 21.44% | −2.52 pp |
| Q4 2019 | 2019-09-30 | 22.29% | −2.59 pp |
| Q3 2019 | 2019-06-30 | 23.85% | −2.03 pp |
| Q2 2019 | 2019-03-31 | 23.00% | −1.28 pp |
| Q1 2019 | 2018-12-31 | 23.96% | −0.42 pp |
| Q4 2018 | 2018-09-30 | 24.88% | −1.31 pp |
| Q3 2018 | 2018-06-30 | 25.87% | +0.53 pp |
| Q2 2018 | 2018-03-31 | 24.28% | −0.20 pp |
| Q1 2018 | 2017-12-31 | 24.39% | +0.55 pp |
| Q4 2017 | 2017-09-30 | 26.18% | +1.64 pp |
| Q3 2017 | 2017-06-30 | 25.35% | +0.82 pp |
| Q2 2017 | 2017-03-31 | 24.49% | +0.14 pp |
| Q1 2017 | 2016-12-31 | 23.84% | +4.04 pp |
| Q4 2016 | 2016-09-30 | 24.54% | +2.89 pp |
| Q3 2016 | 2016-06-30 | 24.53% | −0.60 pp |
| Q2 2016 | 2016-03-31 | 24.35% | −1.46 pp |
| Q1 2016 | 2015-12-31 | 19.80% | −5.74 pp |
| Q4 2015 | 2015-09-30 | 21.65% | −4.28 pp |
| Q3 2015 | 2015-06-30 | 25.13% | −1.69 pp |
| Q2 2015 | 2015-03-31 | 25.81% | −1.68 pp |
| Q1 2015 | 2014-12-31 | 25.54% | −0.51 pp |
| Q4 2014 | 2014-09-30 | 25.94% | −4.63 pp |
| Q3 2014 | 2014-06-30 | 26.82% | −1.47 pp |
| Q2 2014 | 2014-03-31 | 27.49% | −2.37 pp |
| Q1 2014 | 2013-12-31 | 26.05% | −0.68 pp |
| Q4 2013 | 2013-09-30 | 30.57% | +2.43 pp |
| Q3 2013 | 2013-06-30 | 28.28% | −1.26 pp |
| Q2 2013 | 2013-03-31 | 29.86% | +3.26 pp |
| Q1 2013 | 2012-12-31 | 26.73% | +1.76 pp |
| Q4 2012 | 2012-09-30 | 28.14% | +0.86 pp |
| Q3 2012 | 2012-06-30 | 29.55% | +1.68 pp |
| Q2 2012 | 2012-03-31 | 26.60% | −1.16 pp |
| Q1 2012 | 2011-12-31 | 24.98% | −1.16 pp |
| Q4 2011 | 2011-09-30 | 27.28% | −1.47 pp |
| Q3 2011 | 2011-06-30 | 27.86% | +0.91 pp |
| Q2 2011 | 2011-03-31 | 27.77% | +3.04 pp |
| Q1 2011 | 2010-12-31 | 26.14% | +0.47 pp |
| Q4 2010 | 2010-09-30 | 28.75% | — |
| Q3 2010 | 2010-06-30 | 26.95% | — |
| Q2 2010 | 2010-03-31 | 24.73% | — |
| Q1 2010 | 2009-12-31 | 25.66% | — |
Maximus gross margin trends
Over the last five reported fiscal years, Maximus's gross margin increased from 20.54% to 24.55%, a change of +4.01 percentage points. The latest reported quarter, Q3 2026, shows 27.27%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Maximus filings at SEC.gov ↗