Sunday, November 8, 2026
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Company

Maximus, Inc.

Maximus provides tech-enabled services to government agencies, running health eligibility and enrollment programs, clinical assessments and technology services, mainly for U.S. federal and state customers. ↗

HeadquartersMclean, VA ↗
Founded1975 ↗
LeadershipBruce L. Caswell, President and CEO ↗
Employees37,200 ↗
Revenue$5.4 billion (fiscal 2025) ↗
U.S. government shareAbout 55% of Maximus revenue in fiscal 2025 came from the U.S. federal government ↗
Department of War obligations$19 million in prime contracts since fiscal 2022 ↗
OwnershipPublic ↗
SharesMMS ↗
Websitemaximus.com ↗

Products

  • Total Experience Management is Maximus's FedRAMP-secure, cloud-based platform for delivering citizen-centric services to federal agencies. ↗
  • Maximus delivers the Functional Assessment Services contract in the United Kingdom. ↗

Customers

  • Maximus runs the Centers for Medicare and Medicaid Services Contact Center Operations, supporting the federal ACA marketplace and 1-800-MEDICARE. ↗
  • Maximus administers medical disability examinations for the Department of Veterans Affairs. ↗
  • Maximus services Department of Education-originated student loans for Federal Student Aid. ↗
  • Maximus handles the surge in customer calls during open enrollment for the Office of Personnel Management's Federal Employees Health Benefits program. ↗
  • Maximus carries out health and disability assessments for the U.K. Department for Work and Pensions. ↗

Deals since 2020

Oct 202619

Maximus agrees to buy Agile Defense

Seller: Arclight Equity Holdings · Backed by Enlightenment Capital

Cybersecurity, digital transformation, data analytics and AI services for defense and national security customers, based in McLean, Virginia

IT and government servicescyberintelligence communityOur briefSource
Up to $660 millionPending

The deal tracker

Segments

  • U.S. Federal Services delivers program operations, clinical services and technology solutions to federal agencies and was 56% of fiscal 2025 revenue. ↗
  • U.S. Services serves state and local government programs such as Medicaid, CHIP and child support, and was 32% of fiscal 2025 revenue. ↗
  • Outside the U.S. serves international governments, mainly in the United Kingdom, Canada and the Middle East, and was 11% of fiscal 2025 revenue. ↗

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