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Matrix Service Company

MTRX

Matrix Service Company is a leading provider of engineering, fabrication, construction, and maintenance services for critical energy infrastructure and industrial markets.

Market cap
$346.61M-19.6%
Revenue$845.5M+13.9%
Net income-$15.0M+33.6%
Free cash flow$72.5M-33.1%
EPS (diluted)-$0.53+34.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 8, 2026 (in a month)
Revenue estimate$247.0M
EPS estimate$0.17

Financials

Q3 2026

Income statement

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Revenue$206.7M+3.3%
Gross profit$17.2M+33.5%
Operating income-$1.0M+79.0%
Net income$835.0K+124%
EPS (diluted)$0.03+125%

Balance sheet

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Cash & equivalents$258.0M+22.6%
Total debt$18.7M-12.9%
Total equity$139.4M-7.5%
Total assets$616.6M+0.5%

Cash flow

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Operating cash flow$34.2M+9.3%
CapEx$917.0K-64.3%
Free cash flow$33.2M+15.9%

Valuation & ratios

Valuation

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Market cap$346.61M-19.6%
Enterprise value$107.28M-47.0%
P/S0.4×-0.2×

Profitability

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Gross margin6.2%+0.3pp
Operating margin-2.6%-0.6pp
Net margin-1.8%-0.5pp

Returns & leverage

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Return on equity-10.3%-2.2pp
Debt / equity0.1×0.0×
Current ratio0.9×-0.1×

Segments

By segment

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Storage and Terminal Solutions$111.6M+16.2%
Utility and Power Infrastructure$60.0M+2.2%
Process and Industrial Facilities$35.1M-22.7%
Corporate Segment-

Competitors

Profile

Matrix Service Company is a leading provider of engineering, fabrication, construction, and maintenance services for critical energy infrastructure and industrial markets. The company specializes in complex storage solutions, utility power delivery, and process facility maintenance, supporting the transition to sustainable energy through LNG, hydrogen, and renewable fuel infrastructure. Its core value proposition centers on a zero-incident safety culture and full-service EPC (Engineering, Procurement, and Construction) capabilities for high-value industrial assets.

Competitive position

A leading provider of specialized cryogenic storage and energy infrastructure services with a differentiated position in the emerging hydrogen and LNG markets.

GeographiesUnited States, Canada, International
Customer segmentsUtility providers, Energy infrastructure developers, Industrial manufacturers, Aerospace and defense
Business modelEPC (Engineering, Procurement, and Construction), Fixed-price contracts, Time-and-materials, Master Service Agreements (MSA)
SuppliersStructural steel suppliers, Steel piping and rebar manufacturers, Electrical component suppliers, Fabricated equipment manufacturers, Freight and logistics providers
CustomersPublic and private utilities, Oil and gas refining and processing companies, Aerospace and defense agencies, Mining and mineral extraction firms, Renewable fuel producers
Listed1990
Employees2.5K
CEOShawn Payne
FilingsSEC EDGAR

Questions, answered.

What is Matrix Service Company's market cap?
Matrix Service Company (MTRX) has a market capitalization of $346.6M and trades on NASDAQ.
What is Matrix Service Company's revenue and profitability?
Matrix Service Company generated $845.5M in trailing twelve-month revenue with a net loss of $15.0M, representing a net margin of -1.8%. Gross margin stands at 6.2%, with free cash flow of $72.5M. These figures are based on the Q1 2026 filing.
Who are Matrix Service Company's competitors?
Matrix Service Company's key competitors include Quanta Services, Fluor Corporation, KBR, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Matrix Service Company have?
Matrix Service Company's subsidiaries include Matrix Service Inc., Matrix PDM Engineering.
Where is Matrix Service Company headquartered?
Matrix Service Company is headquartered in United States of America and employs approximately 2,545 people. It has been publicly traded since 1990.