Matrix Service Company (MTRX) Income Statement
MTRX FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsMTRX revenue and net income
Where MTRX's revenue goes
FY2026Each bar shows an amount and its share of revenue. MTRX kept −0.3% of revenue as net income.
MTRX profit margins
MTRX growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.6% | +3.2% | +5.3% | −4.0% |
| Gross profit | +61.2% | +27.5% | +14.3% | −6.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | −14.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MTRX quarterly EPS vs estimates
Matrix Service beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.18).
MTRX income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $873.6M | $769.3M | $728.2M | $795.0M | $707.8M | $673.4M | $1.10B | $1.42B | $1.09B | $1.20B |
| Cost of revenue | $809.7M | $729.6M | $687.7M | $764.2M | $709.0M | $640.6M | $998.8M | $1.28B | $999.6M | $1.12B |
| Gross profit | $64.0M | $39.7M | $40.5M | $30.8M | −$1.2M | $32.8M | $102.2M | $132.0M | $91.9M | $81.0M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $63.6M | $71.2M | $70.1M | $68.2M | $67.7M | $69.8M | $86.3M | $94.0M | $84.4M | $76.1M |
| Total operating expenses | $73.6M | $74.7M | $70.6M | $83.7M | $86.6M | $76.5M | $138.8M | $94.0M | $84.4M | $76.1M |
| Operating income | −$9.6M | −$35.1M | −$30.1M | −$52.9M | −$87.9M | −$43.7M | −$36.6M | $37.8M | −$10.5M | $4.9M |
| Interest income | $7.7M | $6.7M | $1.3M | $290,000 | $90,000 | $126,000 | $1.3M | $1.2M | $381,000 | $132,000 |
| Interest expense | $437,000 | $518,000 | $1.1M | $2.0M | $3.0M | $1.6M | $1.6M | $1.3M | $2.6M | $2.2M |
| Income before taxes | −$2.2M | −$29.0M | −$25.0M | −$52.8M | −$58.3M | −$43.3M | −$36.6M | $38.4M | −$12.1M | $2.4M |
| Income taxes | $356,000 | $464,000 | −$36,000 | −$400,000 | $5.6M | −$12.0M | −$3.6M | $10.4M | −$668,000 | $2.3M |
| Net income | −$2.6M | −$29.5M | −$25.0M | −$52.4M | −$63.9M | −$31.2M | −$33.1M | $28.0M | −$11.5M | −$183,000 |
| EBITDA | $6.9M | −$18.5M | −$12.9M | −$37.0M | −$40.1M | −$23.8M | −$15.9M | $56.2M | $10.8M | $27.1M |
| EPS (diluted) | $0.26 | −$0.93 | −$1.06 | −$1.12 | −$2.00 | −$0.96 | $0.38 | $1.02 | $0.15 | −$0.01 |
| Gross margin | 7.3% | 5.2% | 5.6% | 3.9% | −0.2% | 4.9% | 9.3% | 9.3% | 8.4% | 6.8% |
| Operating margin | −1.1% | −4.6% | −4.1% | −6.7% | −12.4% | −6.5% | −3.3% | 2.7% | −1.0% | 0.4% |
| Net margin | −0.3% | −3.8% | −3.4% | −6.6% | −9.0% | −4.6% | −3.0% | 2.0% | −1.1% | −0.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $244.5M | $206.7M | $210.5M | $211.9M | $216.4M | $200.2M | $187.2M | $165.6M | $189.5M | $166.0M | $175.0M | $197.7M |
| Cost of revenue | $225.0M | $189.6M | $197.4M | $197.7M | $208.3M | $187.3M | $176.3M | $157.8M | $177.1M | $160.4M | $164.5M | $185.8M |
| Gross profit | $19.5M | $17.2M | $13.1M | $14.2M | $8.1M | $12.8M | $10.9M | $7.8M | $12.4M | $5.6M | $10.6M | $11.9M |
| Sales, general & admin | $16.9M | $15.2M | $15.1M | $16.3M | $17.6M | $17.7M | $17.3M | $18.6M | $17.3M | $19.9M | $15.7M | $17.1M |
| Total operating expenses | $20.4M | $15.2M | $15.1M | $16.3M | $21.0M | $17.9M | $17.3M | $18.6M | $17.8M | $19.9M | $15.7M | $17.1M |
| Operating income | −$891,000 | $1.9M | −$2.0M | −$2.2M | −$12.9M | −$5.0M | −$6.4M | −$10.8M | −$5.3M | −$14.4M | −$5.1M | −$5.3M |
| Interest income | $2.2M | $2.2M | $1.5M | $1.8M | $2.0M | $1.5M | $1.6M | $1.6M | $862,000 | $165,000 | $162,000 | $150,000 |
| Interest expense | $107,000 | $85,000 | $118,000 | $127,000 | $150,000 | $134,000 | $145,000 | $89,000 | $343,000 | $143,000 | $319,000 | $325,000 |
| Income before taxes | $1.2M | $870,000 | −$731,000 | −$3.6M | −$10.8M | −$3.4M | −$5.5M | −$9.2M | −$4.4M | −$14.6M | −$2.8M | −$3.2M |
| Income taxes | $89,000 | $35,000 | $163,000 | $69,000 | $448,000 | — | $16,000 | — | −$40,000 | −$2,000 | $6,000 | −$324,000 |
| Net income | $1.1M | $835,000 | −$894,000 | −$3.7M | −$11.3M | −$3.4M | −$5.5M | −$9.2M | −$4.4M | −$14.6M | −$2.9M | −$3.2M |
| EBITDA | $3.3M | $3.0M | $1.6M | −$1.0M | −$8.2M | −$787,000 | −$2.9M | −$6.6M | −$1.4M | −$11.8M | $255,000 | $69,000 |
| EPS (diluted) | $0.16 | $0.13 | −$0.02 | −$0.01 | −$0.28 | −$0.12 | −$0.20 | −$0.33 | −$0.14 | −$0.53 | −$0.18 | −$0.21 |
| Gross margin | 8.0% | 8.3% | 6.2% | 6.7% | 3.8% | 6.4% | 5.8% | 4.7% | 6.6% | 3.4% | 6.0% | 6.0% |
| Operating margin | −0.4% | 0.9% | −0.9% | −1.0% | −6.0% | −2.5% | −3.4% | −6.5% | −2.8% | −8.7% | −2.9% | −2.7% |
| Net margin | 0.5% | 0.4% | −0.4% | −1.7% | −5.2% | −1.7% | −3.0% | −5.6% | −2.3% | −8.8% | −1.6% | −1.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MTRX's financial statements (latest annual report filed September 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTRX financial results
In fiscal year 2026 (ended June 30, 2026), Matrix Service reported revenue of $873.6 million, up 13.6% from the year before. It had a net loss of $2.6 million, a net profit margin of −0.3%. Diluted earnings per share came to $0.26. Over five years revenue grew at an average rate of 5.3% a year.
See the MTRX stock overview for the latest quote and news, or the MTRX chart for price history and technical indicators.
MTRX income statement FAQ
What is Matrix Service's annual revenue?
Matrix Service reported total revenue of $873.6 million for fiscal year 2026, which ended on June 30, 2026. That was up 13.6% from $769.3 million the previous year.
Is Matrix Service profitable?
No. Matrix Service reported a net loss of $2.6 million in fiscal 2026, a net profit margin of −0.3%; its operating margin was −1.1%.
What is Matrix Service's gross margin?
Matrix Service's gross margin was 7.3% in fiscal 2026: for every $100 of revenue, Matrix Service kept $7 after the direct cost of its products and services.
How fast is Matrix Service growing?
Revenue grew 5.3% a year on average over the last five fiscal years, from $673.4 million to $873.6 million.
What are Matrix Service's earnings per share?
Matrix Service earned $0.26 per diluted share in fiscal 2026, compared with $-0.93 a year earlier.
When will Matrix Service report its next earnings?
Matrix Service is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Matrix Service's fiscal year end?
Matrix Service's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 3, 2026.