MMS News & Events

Narrows FY26 revenue view to $5.2B-$5.35B from $5.23B-$5.43B, consensus $5.47B.

Reports Q1 revenue $1.35B vs. $1.40B last year. "Our Q1 results reflect resilient execution and a portfolio focused on essential government programs. With a strong pipeline, expanding opportunities related to the Working Families Tax Cut Act, and continued progress in technology-enabled service delivery, we remain focused on delivering high-quality services for our government partners and the communities they serve," said CEO Bruce Caswell. "We are expanding the use of automation, including AI, to augment how work is done, enhance citizen experience, and support productivity and margins. We are deploying these capabilities in production and expect them to contribute to improved outcomes and program performance over time."

Maximus announced that its Board of Directors has approved a quarterly cash dividend 33c per share, a 10% increase from the prior quarterly dividend of 30c per share. "Our disciplined capital deployment strategy includes a quarterly dividend that we intend to increase over time as our earnings grow," said Bruce Caswell, President and Chief Executive Officer. "This dividend increase reflects our recent earnings growth, as we've successfully delivered critical government services while navigating changing government priorities."

Parsons (PSN) has named John Martinez as the company's next chief legal officer, effective February 16, 2026. The announcement follows the notification by current CLO Mike Kolloway to Parsons' CEO and board of directors of his intent to retire in the second quarter of 2026; Kolloway will remain with the company as an advisor until his retirement to ensure a transition. Martinez previously served as chief legal officer and corporate secretary for Maximus (MMS).