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Segments

By segment

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Utility and Power Infrastructure$6.66M+146%
Process and Industrial Facilities$2.78M-66.6%
Corporate Segment$332K+288%
Storage and Terminal Solutions$0-100%

Other financials

Income statement

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Revenue$206.7M+3.3%
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

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Market cap$335.07M-17.2%
Enterprise value$95.75M-45.8%
P/S0.4×-0.1×

Profitability

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Gross margin6.2%+0.3pp
Operating margin-2.6%-0.6pp
Net margin-1.8%-0.5pp
FCF margin8.8%-6.3pp

Returns & leverage

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

Where this comes from

Calculated from Matrix Service Company’s reported figures.

The source filing: Matrix Service Company’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000866273-26-000029
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Revenue$206,709$200,161$629,101$552,909
Cost of revenue189,556187,311584,631521,354
Gross profit17,15312,85044,47031,555
Selling, general and administrative expenses15,21517,72646,66153,592
Restructuring costs and other2,9861246,536124
Operating loss(1,048)(5,000)(8,727)(22,161)
Other income (expense):
Interest expense(85)(134)(330)(368)

Item 1. Financial Statements (Unaudited)

FAQ

What is Matrix Service Company's gross profit?
Matrix Service Company (MTRX) reported gross profit of $17.15M in Q1 2026.
How has Matrix Service Company's gross profit changed year-over-year?
Matrix Service Company's gross profit increased by 33.5% year-over-year, from $12.85M to $17.15M.
What is the long-term trend for Matrix Service Company's gross profit?
Over 2 years (2023 to 2025), Matrix Service Company's gross profit has grown at a 13.5% compound annual growth rate (CAGR), from $30.82M to $39.68M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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