Maximus (MMS) Q3 FY26 earnings call

Maximus delivered strong Q3 FY26 results, marked by margin improvement and increased adjusted EPS, despite a customer-directed pause in performance incentives for the VA MDE program impacting the near-term outlook. The company is navigating procurement delays in the federal civilian market while seeing momentum in AI-enabled solutions, SNAP, and defense, and remains focused on strategic capital deployment and long-term growth.