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Matrix Service Company MTRX Utility and Power Infrastructure — Operating loss

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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$388.81M+10.7%
Enterprise value$149.48M-7.8%
P/S0.5×0.0×

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 official record: Matrix Service Company’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Matrix Service Company's utility and power infrastructure — operating loss?
Matrix Service Company (MTRX) reported utility and power infrastructure — operating loss of $5.19M in Q1 2026.
How has Matrix Service Company's utility and power infrastructure — operating loss changed year-over-year?
Matrix Service Company's utility and power infrastructure — operating loss increased by 80.3% year-over-year, from $2.88M to $5.19M.
What is the long-term trend for Matrix Service Company's utility and power infrastructure — operating loss?
Over 4 years (2021 to 2025), Matrix Service Company's utility and power infrastructure — operating loss has grown at a -20.7% compound annual growth rate (CAGR), from -$9.69M to $3.83M.
What does utility and power infrastructure — operating loss mean?
This metric represents the negative operating income generated by the utility and power infrastructure segment after deducting all direct costs and operating expenses from segment revenue. It indicates that the segment's core business activities are currently failing to cover their associated operational costs.