vs

Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) and MAXIMUS, INC. (MMS). Click either name above to swap in a different company.

MAXIMUS, INC. is the larger business by last-quarter revenue ($1.3B vs $975.2M, roughly 1.4× Bloomin' Brands, Inc.). MAXIMUS, INC. runs the higher net margin — 7.0% vs -1.4%, a 8.4% gap on every dollar of revenue. On growth, Bloomin' Brands, Inc. posted the faster year-over-year revenue change (0.3% vs -4.1%). Bloomin' Brands, Inc. produced more free cash flow last quarter ($63.7M vs $-250.7M). Over the past eight quarters, MAXIMUS, INC.'s revenue compounded faster (-0.1% CAGR vs -4.5%).

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.

Maximus Inc. is an American government services company, with operations in countries including the United States, Canada, and the United Kingdom. Maximus provides administration and other services for Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing, among other government programs. The company is based in Tysons, Virginia, has 39,600 employees and a reported annual revenue of $5.3 billion in fiscal year 2024.

BLMN vs MMS — Head-to-Head

Bigger by revenue
MMS
MMS
1.4× larger
MMS
$1.3B
$975.2M
BLMN
Growing faster (revenue YoY)
BLMN
BLMN
+4.4% gap
BLMN
0.3%
-4.1%
MMS
Higher net margin
MMS
MMS
8.4% more per $
MMS
7.0%
-1.4%
BLMN
More free cash flow
BLMN
BLMN
$314.3M more FCF
BLMN
$63.7M
$-250.7M
MMS
Faster 2-yr revenue CAGR
MMS
MMS
Annualised
MMS
-0.1%
-4.5%
BLMN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BLMN
BLMN
MMS
MMS
Revenue
$975.2M
$1.3B
Net Profit
$-13.5M
$93.9M
Gross Margin
70.2%
23.7%
Operating Margin
-1.4%
10.9%
Net Margin
-1.4%
7.0%
Revenue YoY
0.3%
-4.1%
Net Profit YoY
83.0%
128.0%
EPS (diluted)
$-0.16
$1.70

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLMN
BLMN
MMS
MMS
Q4 25
$975.2M
$1.3B
Q3 25
$928.8M
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$1.0B
$1.4B
Q4 24
$972.0M
$1.4B
Q3 24
$910.0M
$1.3B
Q2 24
$999.4M
$1.3B
Q1 24
$1.1B
$1.3B
Net Profit
BLMN
BLMN
MMS
MMS
Q4 25
$-13.5M
$93.9M
Q3 25
$-45.9M
$75.3M
Q2 25
$25.4M
$106.0M
Q1 25
$42.2M
$96.6M
Q4 24
$-79.5M
$41.2M
Q3 24
$6.9M
$72.5M
Q2 24
$28.4M
$89.8M
Q1 24
$-83.9M
$80.5M
Gross Margin
BLMN
BLMN
MMS
MMS
Q4 25
70.2%
23.7%
Q3 25
70.4%
25.3%
Q2 25
70.2%
26.7%
Q1 25
70.1%
24.9%
Q4 24
71.6%
21.5%
Q3 24
71.3%
22.9%
Q2 24
70.5%
25.3%
Q1 24
70.5%
23.6%
Operating Margin
BLMN
BLMN
MMS
MMS
Q4 25
-1.4%
10.9%
Q3 25
-3.9%
9.3%
Q2 25
3.0%
12.3%
Q1 25
5.5%
11.2%
Q4 24
1.7%
6.2%
Q3 24
0.9%
8.5%
Q2 24
4.4%
10.8%
Q1 24
6.6%
9.5%
Net Margin
BLMN
BLMN
MMS
MMS
Q4 25
-1.4%
7.0%
Q3 25
-4.9%
5.7%
Q2 25
2.5%
7.9%
Q1 25
4.0%
7.1%
Q4 24
-8.2%
2.9%
Q3 24
0.8%
5.5%
Q2 24
2.8%
6.8%
Q1 24
-7.8%
6.0%
EPS (diluted)
BLMN
BLMN
MMS
MMS
Q4 25
$-0.16
$1.70
Q3 25
$-0.54
$1.27
Q2 25
$0.30
$1.86
Q1 25
$0.50
$1.69
Q4 24
$-0.93
$0.69
Q3 24
$0.08
$1.18
Q2 24
$0.32
$1.46
Q1 24
$-0.96
$1.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLMN
BLMN
MMS
MMS
Cash + ST InvestmentsLiquidity on hand
$59.5M
$137.6M
Total DebtLower is stronger
$787.4M
Stockholders' EquityBook value
$333.6M
$1.7B
Total Assets
$3.2B
$4.2B
Debt / EquityLower = less leverage
2.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLMN
BLMN
MMS
MMS
Q4 25
$59.5M
$137.6M
Q3 25
$66.5M
$222.4M
Q2 25
$50.3M
$59.8M
Q1 25
$57.7M
$108.1M
Q4 24
$70.1M
$72.7M
Q3 24
$83.6M
$183.1M
Q2 24
$117.9M
$102.8M
Q1 24
$131.7M
$77.4M
Total Debt
BLMN
BLMN
MMS
MMS
Q4 25
$787.4M
Q3 25
$962.2M
Q2 25
$917.1M
Q1 25
$917.6M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$951.8M
Stockholders' Equity
BLMN
BLMN
MMS
MMS
Q4 25
$333.6M
$1.7B
Q3 25
$344.1M
$1.7B
Q2 25
$397.2M
$1.8B
Q1 25
$380.6M
$1.7B
Q4 24
$135.5M
$1.6B
Q3 24
$242.1M
$1.8B
Q2 24
$286.8M
$1.8B
Q1 24
$302.7M
$1.8B
Total Assets
BLMN
BLMN
MMS
MMS
Q4 25
$3.2B
$4.2B
Q3 25
$3.3B
$4.1B
Q2 25
$3.3B
$4.5B
Q1 25
$3.3B
$4.2B
Q4 24
$3.4B
$4.1B
Q3 24
$3.4B
$4.1B
Q2 24
$3.4B
$4.0B
Q1 24
$3.4B
$4.0B
Debt / Equity
BLMN
BLMN
MMS
MMS
Q4 25
2.36×
Q3 25
2.80×
Q2 25
2.31×
Q1 25
2.41×
Q4 24
7.58×
Q3 24
4.51×
Q2 24
3.49×
Q1 24
3.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLMN
BLMN
MMS
MMS
Operating Cash FlowLast quarter
$119.1M
$-244.4M
Free Cash FlowOCF − Capex
$63.7M
$-250.7M
FCF MarginFCF / Revenue
6.5%
-18.6%
Capex IntensityCapex / Revenue
5.7%
0.5%
Cash ConversionOCF / Net Profit
-2.60×
TTM Free Cash FlowTrailing 4 quarters
$96.8M
$218.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLMN
BLMN
MMS
MMS
Q4 25
$119.1M
$-244.4M
Q3 25
$34.4M
$649.4M
Q2 25
$49.7M
$-182.7M
Q1 25
$73.5M
$42.7M
Q4 24
$119.8M
$-80.0M
Q3 24
$-7.8M
$163.8M
Q2 24
$42.4M
$199.3M
Q1 24
$73.8M
$130.5M
Free Cash Flow
BLMN
BLMN
MMS
MMS
Q4 25
$63.7M
$-250.7M
Q3 25
$-5.7M
$641.8M
Q2 25
$11.1M
$-198.2M
Q1 25
$27.7M
$25.5M
Q4 24
$66.7M
$-103.0M
Q3 24
$-67.3M
$131.9M
Q2 24
$-12.1M
$164.6M
Q1 24
$20.0M
$105.2M
FCF Margin
BLMN
BLMN
MMS
MMS
Q4 25
6.5%
-18.6%
Q3 25
-0.6%
48.7%
Q2 25
1.1%
-14.7%
Q1 25
2.6%
1.9%
Q4 24
6.9%
-7.3%
Q3 24
-7.4%
10.0%
Q2 24
-1.2%
12.5%
Q1 24
1.9%
7.8%
Capex Intensity
BLMN
BLMN
MMS
MMS
Q4 25
5.7%
0.5%
Q3 25
4.3%
0.6%
Q2 25
3.8%
1.1%
Q1 25
4.4%
1.3%
Q4 24
5.5%
1.6%
Q3 24
6.5%
2.4%
Q2 24
5.5%
2.6%
Q1 24
5.0%
1.9%
Cash Conversion
BLMN
BLMN
MMS
MMS
Q4 25
-2.60×
Q3 25
8.63×
Q2 25
1.95×
-1.72×
Q1 25
1.74×
0.44×
Q4 24
-1.94×
Q3 24
-1.13×
2.26×
Q2 24
1.49×
2.22×
Q1 24
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLMN
BLMN

Food And Beverage$958.0M98%
Franchiseand Other Revenue$17.2M2%
International Franchise Segment$7.8M1%

MMS
MMS

Clinical Services$523.7M39%
Cost Plus Contracts$386.4M29%
Outside The United States$143.2M11%
International Government Agencies$141.0M10%
Technology Solutions$74.8M6%
Employment And Other$70.2M5%
Other Including Local Municipalities And Commercial Customers$17.6M1%

Related Comparisons