Maximus (MMS) Investor presentation summary

Scale and operational strengths

• Achieved $5.43B in FY25 revenue with over 37,000 employees and a top 20 ranking among government technology contractors.

• Serves approximately one in three U.S. healthcare professionals through medical panels and millions of American citizens annually.

• Maintains resilient operations during natural disasters and national emergencies.

• Employs best-in-class technologies and labor sourcing, with a highly variable cost model.

• Wins contracts based on technical merit and value, not just lowest price, fostering enduring relationships.

Key customer relationships and featured work

• Holds long-term contracts with major agencies such as CMS, VA, IRS, TSA, and state governments.

• Operates contact centers for Medicare, handling over 36 million calls annually with a 98% satisfaction rate.

• Provides medical disability examinations for the Veterans Benefit Administration.

• Supports IT and mission systems for TSA and delivers services for the U.K. Department for Work & Pensions.

Business durability and revenue mix

• Business model is anchored in entitlement programs with mandatory spending and bipartisan support.

• Revenue segments: 56% U.S. Federal Services, 32% U.S. Services, 11% international.

• Reputation for efficiency and accountability positions the company to adapt to evolving government needs.