Matrix Service $MTRX

Industrials

$10.09
-0.12 (-1.18%)
As of Oct 20, 2026, 1:57 PM EDT
Price history
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Matrix Service (MTRX) is trading down at $10.09 (-1.18%), as of the latest quote. It is a Russell 2000 constituent in the Industrials sector.

Matrix Service revenue & net income history (FY2017–FY2026)

RevenueNet incomeNet margin (right axis, %)
$1.42B$676.4M−$63.9MFY2017 revenue: $1.20BFY2017 net income: −$183.0K · Net margin −0.015%'17FY2018 revenue: $1.09BFY2018 net income: −$11.5M · Net margin −1.1%'18FY2019 revenue: $1.42BFY2019 net income: $28.0M · Net margin 2.0%'19FY2020 revenue: $1.10BFY2020 net income: −$33.1M · Net margin −3.0%'20FY2021 revenue: $673.4MFY2021 net income: −$31.2M · Net margin −4.6%'21FY2022 revenue: $707.8MFY2022 net income: −$63.9M · Net margin −9.0%'22FY2023 revenue: $795.0MFY2023 net income: −$52.4M · Net margin −6.6%'23FY2024 revenue: $728.2MFY2024 net income: −$25.0M · Net margin −3.4%'24FY2025 revenue: $769.3MFY2025 net income: −$29.5M · Net margin −3.8%'25FY2026 revenue: $873.6MFY2026 net income: −$2.58M · Net margin −0.3%'260%5%10%15%20%FY2017 net margin: −0.015%FY2018 net margin: −1.1% (off the scale, which stops at −0.9%)FY2019 net margin: 2.0%FY2020 net margin: −3.0% (off the scale, which stops at −0.9%)FY2021 net margin: −4.6% (off the scale, which stops at −0.9%)FY2022 net margin: −9.0% (off the scale, which stops at −0.9%)FY2023 net margin: −6.6% (off the scale, which stops at −0.9%)FY2024 net margin: −3.4% (off the scale, which stops at −0.9%)FY2025 net margin: −3.8% (off the scale, which stops at −0.9%)FY2026 net margin: −0.3%
Matrix Service annual financial statements
FY2017Jun 2017FY2018Jun 2018FY2019Jun 2019FY2020Jun 2020FY2021Jun 2021FY2022Jun 2022FY2023Jun 2023FY2024Jun 2024FY2025Jun 2025FY2026Jun 2026
Income statement
Revenue$1.20B$1.09B$1.42B$1.10B$673.4M$707.8M$795.0M$728.2M$769.3M$873.6M
Growth (year over year)−8.7%−8.8%+29.8%−22.3%−38.8%+5.1%+12.3%−8.4%+5.6%+13.6%
Gross profit$81.0M$91.9M$132.0M$102.2M$32.8M−$1.21M$30.8M$40.5M$39.7M$64.0M
Gross margin6.8%8.4%9.3%9.3%4.9%−0.2%3.9%5.6%5.2%7.3%
Operating income$4.86M−$10.5M$37.9M−$36.6M−$43.7M−$87.9M−$52.9M−$30.1M−$35.1M−$9.62M
Operating margin0.4%−1.0%2.7%−3.3%−6.5%−12.4%−6.7%−4.1%−4.6%−1.1%
Net income−$183.0K−$11.5M$28.0M−$33.1M−$31.2M−$63.9M−$52.4M−$25.0M−$29.5M−$2.58M
Net margin−0.0%−1.1%2.0%−3.0%−4.6%−9.0%−6.6%−3.4%−3.8%−0.3%
EPS (diluted)−$0.01−$0.43$1.01−$1.24−$1.18−$2.39−$1.94−$0.91−$1.06−$0.09
Balance sheet
Cash and equivalents$43.8M$64.1M$89.7M$100.0M$83.9M$52.4M$54.8M$115.6M$224.6M$223.0M
Total assets$586.0M$558.0M$633.4M$517.3M$467.6M$440.8M$400.5M$451.4M$600.3M$602.6M
Total liabilities$264.2M$239.2M$281.4M$209.4M$182.0M$213.1M$219.0M$287.2M$457.5M$460.8M
Long-term debt$44.7M$0$5.35M———————
Shareholders' equity$321.8M$318.8M$352.0M$307.9M$285.5M$227.7M$181.5M$164.2M$142.7M$141.9M
Cash flow
Operating cash flow−$18.7M$74.7M$41.4M$44.1M−$2.97M−$54.2M$10.2M$72.6M$117.5M$6.91M
Capital expenditure$11.9M$8.71M$19.6M$18.5M$4.35M$3.35M$9.01M$6.99M$7.68M$5.48M
Free cash flow−$30.7M$66.0M$21.8M$25.5M−$7.33M−$57.5M$1.24M$65.6M$109.8M$1.42M
Share buybacks$0$0$5.19M$17.0M$0$0————

From Matrix Service's 10-K and 10-Q filings with the SEC; its fiscal year ends in June. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Matrix Service

Headquarters
Tulsa, Oklahoma From SEC filings, Oct 2026

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