Matrix Service Co income statement MTRX

Annual Quarterly

In Q1 of fiscal 2027, the quarter ended Sep 30, 2026, Matrix Service Co reported revenue of $219.4 million, up 3.5% from the same quarter a year earlier. Net income was $6.2 million, a profit margin of 2.8%. Operating income came to $4.5 million, an operating margin of 2.0%. Diluted earnings per share were $0.22.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2026	Q1 FY2027 Sep 30, 2026	Q4 FY2026 Jun 30, 2026	Q3 FY2026 Mar 31, 2026	Q2 FY2026 Dec 31, 2025	Q1 FY2026 Sep 30, 2025	Q4 FY2025 Jun 30, 2025	Q3 FY2025 Mar 31, 2025	Q2 FY2025 Dec 31, 2024
Revenue	881 +8.0%	219 +3.5%	245 +13.0%	207 +3.3%	211 +12.5%	212 +28.0%	216 +14.2%	200 +20.6%	187 +6.9%
Cost of revenue	813 +5.7%	201 +1.8%	225 +8.1%	190 +1.2%	197 +12.0%	198 +25.3%	208 +17.6%	187 +16.8%	176 +7.2%
Gross profit	68 +47.3%	18 +27.3%	19 +139.9%	17 +33.5%	13 +20.6%	14 +81.5%	8 -34.7%	13 +130.4%	11 +2.9%
Selling, general and administrative	61 -12.1%	13 -18.3%	17 -3.6%	15 -14.2%	15 -12.6%	16 -12.1%	18 +1.7%	18 -11.1%	17 +9.9%
Restructuring and impairment	1	0 -100.0%	1	1	0	2	—	—	—
Operating income	0 +101.2%	4 +181.4%	-1 +93.1%	-1 +79.0%	-2 +65.9%	-6 +48.9%	-13 -141.4%	-5 +65.2%	-6 -24.3%
Pretax income	—	—	—	—	—	—	-11 -145.1%	-3 +76.5%	-6 -93.9%
Income tax	0 -46.3%	-0 -101.4%	0 -80.1%	0	0 +918.8%	0	0 +1220.0%	0 +100.0%	0 +166.7%
Net income	7 +130.4%	6 +269.0%	1 +110.1%	1 +124.3%	-1 +83.8%	-4 +60.3%	-11 -157.5%	-3 +76.4%	-6 -94.1%
Basic EPS	0.26 +129.9%	0.22 +269.2%	0.04 +109.9%	0.03 +125.0%	-0.03 +85.0%	-0.13 +60.6%	-0.40 -153.5%	-0.12 +77.4%	-0.20 -100.0%
Diluted EPS	0.26 +129.9%	0.22 +269.2%	0.04 +109.9%	0.03 +125.0%	-0.03 +85.0%	-0.13 +60.6%	-0.40 -153.5%	-0.12 +77.4%	-0.20 -100.0%
Weighted average shares, basic	28 +1.8%	28 +1.3%	28 +1.8%	28 +2.0%	28 +2.0%	28 +1.6%	28 +1.6%	28 +1.4%	28 +1.5%
Weighted average shares, diluted	28 +1.9%	28 +1.7%	28 +1.8%	29 +2.5%	28 +2.0%	28 +1.6%	28 +1.6%	28 +1.4%	28 +1.5%
Other measures
Depreciation and amortization	8 -20.0%	2 -27.5%	2 -21.7%	2 -20.0%	2 -11.1%	2 -2.1%	2 -7.9%	3 -5.0%	3 -9.7%
EBITDA	8 +141.9%	6 +306.0%	1 +110.0%	1 +138.7%	0 +101.4%	-3 +63.2%	-10 -292.1%	-2 +78.8%	-4 -64.5%
Interest coverage	0.76x	27.30x	-8.33x	-12.33x	-18.47x	-43.31x	-86.05x	-37.31x	-44.10x
Margins
Gross margin	7.70%	8.23%	7.97%	8.30%	6.24%	6.69%	3.75%	6.42%	5.82%
Operating margin	0.04%	2.04%	-0.36%	-0.51%	-1.04%	-2.60%	-5.97%	-2.50%	-3.42%
Pretax margin	—	—	—	—	—	—	-5.00%	-1.72%	-2.95%
Profit margin	0.83%	2.82%	0.47%	0.40%	-0.42%	-1.73%	-5.21%	-1.72%	-2.96%
EBITDA margin	0.94%	2.85%	0.43%	0.47%	0.03%	-1.43%	-4.82%	-1.24%	-2.08%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Construction - Special Trade Contractors (SIC 1700)
Listed as: MTRX (Nasdaq)
Fiscal year ends: June 30
Incorporated in: DE
Headquarters: Tulsa, OK
SEC filer status: Accelerated filer
SEC CIK: 866273

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.