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Matrix Service Company MTRX Utility and Power Infrastructure — Restructuring costs and other

Other segment segments

Corporate Segment
$1.99M
Process and Industrial Facilities
$94K
Storage and Terminal Solutions
$4K

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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$326.35M-19.4%
Enterprise value$87.03M-50.7%
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:RestructuringCosts.

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
Cost of revenue(103,849)(51,801)(34,238)332(189,556)
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Matrix Service Company's utility and power infrastructure — restructuring costs and other?
Matrix Service Company (MTRX) reported utility and power infrastructure — restructuring costs and other of $902K in Q1 2026.
How has Matrix Service Company's utility and power infrastructure — restructuring costs and other changed year-over-year?
Matrix Service Company's utility and power infrastructure — restructuring costs and other increased by 627.4% year-over-year, from $124K to $902K.
What does utility and power infrastructure — restructuring costs and other mean?
Reflects non-recurring expenses related to organizational changes, facility closures, or strategic realignments within the Utility and Power Infrastructure segment. High or frequent costs in this category may indicate operational volatility or the need for significant structural adjustments to maintain competitiveness.

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