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Matrix Service Company MTRX Process and Industrial Facilities — Operating Income (Loss)

Other segment segments

Corporate Segment
-$7.98M-16.0%
Storage and Terminal Solutions
-$7.43M-127%
Utility and Power Infrastructure
$3.78M+5,005%

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Other financials

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

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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

Reported directly by Matrix Service Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 itemStorage and Terminal SolutionsUtility and Power InfrastructureProcess and Industrial FacilitiesCorporateTotal
Gross profit7,7728,16288733217,153
Selling, general and administrative expenses5,3122,0741,5036,32615,215
Restructuring costs and other4902941,9862,986
Operating income (loss)$2,456$5,186$(710)$(7,980)$(1,048)
(1) Total revenues are net of inter-segment revenues which are primarily Storage and Terminal Solutions and were $1.4 million for the three months ended March 31, 2026.
Capital expenditures$415$103$10$389$917
Depreciation and amortization$1,107$516$322$66$2,011
Storage and Terminal SolutionsUtility and Power InfrastructureProcess and Industrial FacilitiesCorporateTotal

Item 1. Financial Statements (Unaudited)

FAQ

What is Matrix Service Company's process and industrial facilities — operating income (loss)?
Matrix Service Company (MTRX) reported process and industrial facilities — operating income (loss) of -$710K in Q1 2026.
How has Matrix Service Company's process and industrial facilities — operating income (loss) changed year-over-year?
Matrix Service Company's process and industrial facilities — operating income (loss) decreased by 143.9% year-over-year, from $1.62M to -$710K.
What does process and industrial facilities — operating income (loss) mean?
Measures the segment's profitability after accounting for both direct project costs and allocated operating expenses. It is the primary metric for evaluating the segment's overall financial health and its contribution to the company's bottom line.

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