Maximus

Q3 FY2026 EarningsMaximus announced the $660 million acquisition of Agile Defense on October 19, 2026, coinciding with the end of its Q4 FY26. While full Q4 financial results were not detailed in the acquisition press release, consensus estimates for Q4 FY26 expected revenue of $1.30B and normalized EPS of $1.85. The acquisition is a strategic move to penetrate the defense and national security markets, likely aimed at addressing potential organic growth plateaus. Management's guidance for FY27 will be critical as the market evaluates the integration risks and $660M cash outlay versus the promised synergies in AI and cybersecurity.