Company research
MATRIX SERVICE CO
CIK 866273Updated Sep 25, 2026
SecurityMTRX · NASDAQ · equity
MTRX price & chart
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NASDAQ:MTRX on TradingView ↗In the news
Matrix Service Company Sets Date for Release of Fiscal Year 2026 Fourth Quarter and Full-Year Results and Conference Call ↗
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Matrix Service Company - MTRX ↗
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Matrix Service Company - MTRX ↗
Recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 602,605,000Source | 600,256,000Source | 451,351,000Source | 400,504,000Source |
| Property, Plant and Equipment, NetUSD | 36,261,000Source | 42,097,000Source | 43,498,000Source | 47,545,000Source |
| GoodwillUSD | 28,878,000Source | 29,047,000Source | 29,023,000Source | 29,120,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 0Source | 555,000Source | 1,651,000Source | 3,066,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 222,966,000Source | 224,641,000Source | 115,615,000Source | 54,812,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 171,955,000Source | 154,994,000Source | 138,987,000Source | 145,764,000Source |
| Inventory, NetUSD | 6,190,000Source | 5,917,000Source | 8,839,000Source | 7,437,000Source |
| Assets, CurrentUSD | 435,650,000Source | 419,773,000Source | 301,591,000Source | 262,256,000Source |
| Operating Lease, Right-of-Use AssetUSD | 14,849,000Source | 17,827,000Source | 19,150,000Source | 21,799,000Source |
| Other Assets, NoncurrentUSD | 61,967,000Source | 65,957,000Source | 31,438,000Source | 11,718,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 460,750,000Source | 457,540,000Source | 287,169,000Source | 219,020,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 281,000Source | 279,000Source | 279,000Source | 279,000Source |
| Additional Paid in CapitalUSD | 150,483,000Source | 149,969,000Source | 145,580,000Source | 140,810,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,899,000Source | 4,479,000Source | 33,941,000Source | 58,917,000Source |
| Liabilities and EquityUSD | 602,605,000Source | 600,256,000Source | 451,351,000Source | 400,504,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 442,416,000Source | 436,375,000Source | 265,115,000Source | 187,535,000Source |
| Operating Lease, Liability, CurrentUSD | 4,363,000Source | 4,441,000Source | 3,739,000Source | 4,661,000Source |
| Accounts Payable, CurrentUSD | 108,722,000Source | 80,453,000Source | 65,629,000Source | 76,365,000Source |
| Operating Lease, Liability, NoncurrentUSD | 15,094,000Source | 16,986,000Source | 19,156,000Source | 20,660,000Source |
| Deferred Income Tax Liabilities, NetUSD | 22,000Source | 25,000Source | 25,000Source | 26,000Source |
| Other Liabilities, NoncurrentUSD | 3,218,000Source | 4,154,000Source | 2,873,000Source | — |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 22,000Source | 25,000Source | 25,000Source | — |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -52,361,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 8,640,000Source | 10,012,000Source | 11,023,000Source | 13,694,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,145,000Source | 8,904,000Source | 7,745,000Source | 6,791,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 11,296,000Source | 48,796,000Source | 12,077,000Source | -8,663,000Source |
| Increase (Decrease) in InventoriesUSD | 273,000Source | -2,922,000Source | 1,402,000Source | -2,506,000Source |
| Increase (Decrease) in Accounts PayableUSD | 27,747,000Source | 14,814,000Source | -10,385,000Source | 1,210,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 6,907,000Source | 117,471,000Source | 72,571,000Source | 10,247,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,541,000Source | -7,445,000Source | -945,000Source | -2,543,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 5,483,000Source | 7,685,000Source | 6,994,000Source | 9,009,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,170,000Source | -1,040,000Source | -10,372,000Source | -5,058,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | 60,803,000Source | 2,441,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 247,966,000Source | 249,641,000Source | 140,615,000Source | 79,812,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 378,000Source | 395,000Source | 880,000Source | 2,093,000Source |
| Income Taxes Paid, NetUSD | 312,000Source | 328,000Source | -165,000Source | -13,337,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 600,000Source | 1,100,000Source | 1,400,000Source | 1,700,000Source |
| DepreciationUSD | 8,100,000Source | 8,900,000Source | 9,600,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 606,000Source | -8,000Source | 4,923,000Source | 2,841,000Source |
| GoodwillUSD | 28,878,000Source | 29,047,000Source | 29,023,000Source | 29,120,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 0Source | 0Source | 12,316,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | — | 12,316,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 356,000Source | 464,000Source | -36,000Source | -400,000Source |
| Investment Income, InterestUSD | 7,717,000Source | 6,652,000Source | 1,339,000Source | 290,000Source |
| Net Income (Loss) Attributable to ParentUSD | -2,580,000Source | -29,462,000Source | -24,976,000Source | -52,361,000Source |
| Other Nonoperating Income (Expense)USD | 114,000Source | -64,000Source | 4,892,000Source | 1,860,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 0Source | 0Source |
| Restructuring CostsUSD | 9,963,000Source | 3,572,000Source | 501,000Source | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 873,632,000Source | 769,286,000Source | 728,213,000Source | 795,020,000Source |
| Cost of RevenueUSD | 809,680,000Source | 729,609,000Source | 687,740,000Source | 764,200,000Source |
| Selling, General and Administrative ExpenseUSD | 63,607,000Source | 71,173,000Source | 70,085,000Source | 68,249,000Source |
| Operating Income (Loss)USD | -9,618,000Source | -35,068,000Source | -30,113,000Source | -52,887,000Source |
| Other Nonoperating Income (Expense)USD | 114,000Source | -64,000Source | 4,892,000Source | 1,860,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,224,000Source | -28,998,000Source | -25,012,000Source | -52,761,000Source |
| Income Tax Expense (Benefit)USD | 356,000Source | 464,000Source | -36,000Source | -400,000Source |
| Net Income (Loss) Attributable to ParentUSD | -2,580,000Source | -29,462,000Source | -24,976,000Source | -52,361,000Source |
| Earnings Per Share, BasicUSD per share | -0.09Source | -1.06Source | -0.91Source | -1.94Source |
| Earnings Per Share, DilutedUSD per share | -0.09Source | -1.06Source | -0.91Source | -1.94Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 28,295,000Source | 27,769,000Source | 27,379,000Source | 26,988,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 28,295,000Source | 27,769,000Source | 27,379,000Source | 26,988,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 600,000Source | 1,100,000Source | 1,400,000Source | 1,700,000Source |
| Current Income Tax Expense (Benefit)USD | 356,000Source | 464,000Source | -36,000Source | -400,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | — | 12,316,000Source |
| Gross ProfitUSD | 63,952,000Source | 39,677,000Source | 40,473,000Source | 30,820,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | -2,224,000Source | -28,998,000Source | -25,012,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -198,000Source | -26,917,000Source | -27,119,000Source | -52,636,000Source |
| Interest ExpenseUSD | 437,000Source | 518,000Source | 1,130,000Source | 2,024,000Source |
| Investment Income, InterestUSD | 7,717,000Source | 6,652,000Source | 1,339,000Source | 290,000Source |
| Restructuring CostsUSD | 9,963,000Source | 3,572,000Source | 501,000Source | — |