Matrix Service Co (MTRX) Financial Statements
Industry: Construction - Special Trade Contractors
In fiscal 2026, Matrix Service reported revenue of $873.6M, up 13.6% from $769.3M the year before. Net income was -$2.6M (a -0.3% net margin), or -$0.09 per diluted share. Gross margin was 7.3% and operating margin was -1.1%. Operating activities generated $6.9M of cash, leaving $1.4M of free cash flow. At fiscal year end, Matrix Service held $602.6M in total assets against $460.8M in total liabilities, including $223.0M of cash and equivalents.
Open the full interactive Matrix Service financials → Quarterly statements, key ratios, valuation history and price charts.
Matrix Service Key Stats
| Share Price | $10.56 |
|---|---|
| Market Cap | $298.8M |
| Revenue YoY Growth | +13.6% |
| 52-Week Range | $9.47 – $15.60 |
| Shares Outstanding | 28.3 million (basic, 2026 Q4) |
Matrix Service Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $673.4M | $707.8M | $795.0M | $728.2M | $769.3M | $873.6M |
| Cost of Goods Sold | $640.6M | $709.0M | $764.2M | $687.7M | $729.6M | $809.7M |
| Gross Profit | $32.8M | -$1.2M | $30.8M | $40.5M | $39.7M | $64.0M |
| Operating Income | -$43.7M | -$87.9M | -$52.9M | -$30.1M | -$35.1M | -$9.6M |
| Pre-Tax Income | -$43.3M | -$58.3M | -$52.8M | -$25.0M | -$29.0M | -$2.2M |
| Income Tax | -$12.0M | $5.6M | -$400,000 | -$36,000 | $464,000 | $356,000 |
| Net Income | -$31.2M | -$63.9M | -$52.4M | -$25.0M | -$29.5M | -$2.6M |
| Diluted EPS | -$1.18 | -$2.39 | -$1.94 | -$0.91 | -$1.06 | -$0.09 |
Matrix Service Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $211.9M | $210.5M | $206.7M | $244.5M |
| Net Income | -$3.7M | -$894,000 | $835,000 | $1.1M |
| Diluted EPS | -$0.13 | -$0.03 | $0.03 | $0.04 |
Matrix Service Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $83.9M | $52.4M | $54.8M | $115.6M | $224.6M | $223.0M |
| Current Assets | $291.2M | $287.4M | $262.3M | $301.6M | $419.8M | $435.6M |
| Total Assets | $467.6M | $440.8M | $400.5M | $451.4M | $600.3M | $602.6M |
| Current Liabilities | $153.4M | $177.8M | $187.5M | $265.1M | $436.4M | $442.4M |
| Total Long-Term Debt | — | $15.0M | $10.0M | — | — | — |
| Total Liabilities | $182.0M | $213.1M | $219.0M | $287.2M | $457.5M | $460.8M |
| Shareholders' Equity | $285.5M | $227.7M | $181.5M | $164.2M | $142.7M | $141.9M |
Matrix Service Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$3.0M | -$54.2M | $10.2M | $72.6M | $117.5M | $6.9M |
| Cash From Investing | -$2.3M | $35.7M | -$2.5M | -$945,000 | -$7.4M | -$3.5M |
| Cash From Financing | -$12.3M | $12.7M | -$5.1M | -$10.4M | -$1.0M | -$4.2M |
| Free Cash Flow | -$7.3M | -$57.5M | $1.2M | $65.6M | $109.8M | $1.4M |
Figures from Matrix Service's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Matrix Service financials page for every line item.
Matrix Service Company Profile
| Ticker | MTRX |
|---|---|
| Exchange | Nasdaq |
| Industry | Construction - Special Trade Contractors |
| Headquarters | Tulsa, Oklahoma |
| Incorporated in | Delaware |
| Fiscal Year End | June 30 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000866273 |
Frequently Asked Questions
What was Matrix Service's revenue in fiscal 2026?
Matrix Service (MTRX) reported revenue of $873.6M for fiscal 2026.
What is Matrix Service's annual revenue history?
Matrix Service's annual revenue by fiscal year: 2021: $673.4M; 2022: $707.8M; 2023: $795.0M; 2024: $728.2M; 2025: $769.3M; 2026: $873.6M.
What was Matrix Service's net income in fiscal 2026?
Matrix Service reported net income of -$2.6M for fiscal 2026.
What was Matrix Service's earnings per share (EPS) in fiscal 2026?
Matrix Service's diluted EPS was -$0.09 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Matrix Service generate in fiscal 2026?
Matrix Service generated $1.4M of free cash flow in fiscal 2026.
What was Matrix Service's revenue last quarter?
In its most recent reported quarter (2026 Q4), Matrix Service reported revenue of $244.5M.
How many shares of Matrix Service are outstanding?
Matrix Service reported a weighted average of 28.3 million basic shares outstanding in 2026 Q4.
What is Matrix Service's market cap?
Based on its latest closing price, Matrix Service (MTRX) has a market capitalization of about $298.8M.
When does Matrix Service's fiscal year end?
Matrix Service's fiscal year end, as registered with the SEC, is June 30.
Where is Matrix Service headquartered?
Matrix Service lists its business address in Tulsa, Oklahoma in its SEC filings.