Matrix Service Company (MTRX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 206.71M | 210.51M | 211.88M | 216.38M | 200.16M | 187.17M | 165.58M | 189.5M | 166.01M | 175.04M | 197.66M | 205.85M | 186.9M | 193.84M | 208.43M | 200.72M | 177M | 161.97M | 168.09M | 174.9M |
| Revenue Growth % | 3.27% | 12.47% | 27.97% | 14.18% | 20.57% | 6.93% | -16.23% | -7.95% | -11.17% | -9.7% | -5.17% | 2.56% | 5.59% | 19.68% | 24% | 14.76% | 19.39% | -3.29% | -8.03% | -10.69% |
| Cost of Goods Sold | 189.56M | 197.37M | 197.7M | 208.25M | 187.31M | 176.28M | 157.77M | 177.05M | 160.44M | 164.45M | 185.8M | 191.16M | 182.48M | 195.14M | 195.42M | 199.86M | 178.77M | 158.76M | 171.6M | 173.36M |
| COGS % of Revenue | 91.7% | 93.76% | 93.31% | 96.25% | 93.58% | 94.18% | 95.28% | 93.43% | 96.64% | 93.95% | 94% | 92.86% | 97.64% | 100.67% | 93.76% | 99.57% | 101% | 98.02% | 102.09% | 99.12% |
| Gross Profit | 17.15M | 13.13M | 14.18M | 8.12M | 12.85M | 10.89M | 7.81M | 12.45M | 5.58M | 10.59M | 11.86M | 14.7M | 4.42M | -1.3M | 13.01M | 858K | -1.76M | 3.21M | -3.51M | 1.54M |
| Gross Margin % | 8.3% | 6.24% | 6.69% | 3.75% | 6.42% | 5.82% | 4.72% | 6.57% | 3.36% | 6.05% | 6% | 7.14% | 2.36% | -0.67% | 6.24% | 0.43% | -1% | 1.98% | -2.09% | 0.88% |
| Gross Profit Growth % | 33.49% | 20.59% | 81.52% | -34.75% | 130.37% | 2.86% | -34.12% | -15.3% | 26.23% | 913.29% | -8.83% | 1612.7% | 350.65% | -140.6% | 470.81% | -44.36% | -213.01% | -79.06% | -124.45% | -91.98% |
| Operating Expenses | 15.21M | 15.11M | 16.33M | 21.03M | 17.85M | 17.29M | 18.58M | 17.79M | 19.95M | 15.73M | 17.11M | 17.29M | 17.18M | 31.14M | 18.1M | 19.02M | 33.77M | 16.62M | 17.23M | 17.9M |
| OpEx % of Revenue | 7.36% | 7.18% | 7.71% | 9.72% | 8.92% | 9.24% | 11.22% | 9.39% | 12.02% | 8.99% | 8.66% | 8.4% | 9.19% | 16.06% | 8.68% | 9.48% | 19.08% | 10.26% | 10.25% | 10.23% |
| Selling, General & Admin | 15.21M | 15.11M | 16.33M | 17.58M | 17.73M | 17.29M | 18.58M | 17.29M | 19.95M | 15.73M | 17.11M | 17.03M | 16.86M | 17.55M | 16.81M | 18.1M | 17.04M | 15.92M | 16.63M | 17.73M |
| SG&A % of Revenue | 7.36% | 7.18% | 7.71% | 8.13% | 8.86% | 9.24% | 11.22% | 9.13% | 12.02% | 8.99% | 8.66% | 8.27% | 9.02% | 9.05% | 8.07% | 9.02% | 9.63% | 9.83% | 9.89% | 10.13% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 124K | 0 | 0 | 501K | 0 | 0 | 0 | 261K | 316K | 1000K | 1000K | 924K | 1000K | 695K | 605K | 171K |
| Operating Income | 1.94M | -1.98M | -2.15M | -12.91M | -5M | -6.39M | -10.77M | -5.35M | -14.37M | -5.14M | -5.25M | -2.6M | -12.76M | -32.44M | -5.09M | -18.16M | -35.54M | -13.41M | -20.74M | -16.35M |
| Operating Margin % | 0.94% | -0.94% | -1.02% | -5.97% | -2.5% | -3.42% | -6.5% | -2.82% | -8.66% | -2.94% | -2.66% | -1.26% | -6.83% | -16.74% | -2.44% | -9.05% | -20.08% | -8.28% | -12.34% | -9.35% |
| Operating Income Growth % | 138.76% | 69.08% | 80.01% | -141.39% | 65.21% | -24.35% | -104.93% | -105.89% | -12.63% | 84.15% | -3.22% | 85.7% | 64.1% | -141.92% | 75.46% | -11.07% | -103.32% | -107.71% | -499.83% | -106.49% |
| EBITDA | 3.95M | 255K | 309K | -10.43M | -2.49M | -3.88M | -8.25M | -2.66M | -11.72M | -2.36M | -2.34M | 598K | -9.44M | -28.91M | -1.45M | -14.47M | -31.82M | -9.62M | -16.69M | -12.13M |
| EBITDA Margin % | 1.91% | 0.12% | 0.15% | -4.82% | -1.24% | -2.08% | -4.98% | -1.4% | -7.06% | -1.35% | -1.19% | 0.29% | -5.05% | -14.91% | -0.69% | -7.21% | -17.98% | -5.94% | -9.93% | -6.94% |
| EBITDA Growth % | 258.79% | 106.57% | 103.74% | -292.07% | 78.79% | -64.51% | -252.2% | -544.98% | -24.25% | 91.83% | -61.81% | 104.13% | 70.34% | -200.45% | 91.32% | -19.22% | -142.42% | -432.13% | -1513.21% | -281.12% |
| D&A (Non-Cash Add-back) | 2.01M | 2.23M | 2.46M | 2.47M | 2.51M | 2.51M | 2.52M | 2.69M | 2.65M | 2.78M | 2.91M | 3.19M | 3.32M | 3.54M | 3.64M | 3.7M | 3.72M | 3.79M | 4.05M | 4.22M |
| EBIT | 1.94M | -613K | -3.47M | -10.67M | -3.3M | -5.37M | -9.13M | -4.07M | -14.44M | -2.53M | -2.84M | 95K | -12.78M | -31.91M | -6.14M | 13.76M | -34.84M | -13.44M | -20.8M | -16.26M |
| Net Interest Income | 2.1M | 1.43M | 1.68M | 1.83M | 1.38M | 1.43M | 1.48M | 519K | 22K | -157K | -175K | -342K | -174K | -870K | -348K | -225K | -185K | -473K | -1.98M | -474K |
| Interest Income | 2.19M | 1.54M | 1.8M | 1.98M | 1.52M | 1.58M | 1.57M | 862K | 165K | 162K | 150K | 126K | 94K | 46K | 24K | 21K | 19K | 29K | 21K | 30K |
| Interest Expense | 85K | 118K | 127K | 150K | 134K | 145K | 89K | 343K | 143K | 319K | 325K | 468K | 268K | 916K | 372K | 246K | 204K | 502K | 2M | 504K |
| Other Income/Expense | 0 | 1.25M | -1.44M | 2.08M | 1.57M | 877K | 1.54M | 930K | -213K | 2.3M | 2.09M | 2.22M | -290K | -386K | -1.42M | 31.67M | 492K | -533K | -2.06M | -406K |
| Pretax Income | 870K | -731K | -3.59M | -10.82M | -3.43M | -5.52M | -9.22M | -4.42M | -14.58M | -2.85M | -3.17M | -373K | -13.05M | -32.83M | -6.51M | 13.51M | -35.05M | -13.94M | -22.8M | -16.76M |
| Pretax Margin % | 0.42% | -0.35% | -1.7% | -5% | -1.72% | -2.95% | -5.57% | -2.33% | -8.78% | -1.63% | -1.6% | -0.18% | -6.98% | -16.94% | -3.12% | 6.73% | -19.8% | -8.61% | -13.57% | -9.58% |
| Income Tax | 35K | 163K | 69K | 448K | 0 | 16K | 0 | -40K | -2K | 6K | 0 | -37K | -363K | 0 | 0 | 53K | -147K | 10.98M | -5.26M | -6.04M |
| Effective Tax Rate % | 4.02% | -22.3% | -1.92% | -4.14% | 0% | -0.29% | 0% | 0.91% | 0.01% | -0.21% | 0% | 9.92% | 2.78% | 0% | 0% | 0.39% | 0.42% | -78.72% | 23.09% | 36.02% |
| Net Income | 835K | -894K | -3.66M | -11.27M | -3.43M | -5.53M | -9.22M | -4.38M | -14.58M | -2.85M | -3.17M | -336K | -12.69M | -32.83M | -6.51M | 13.46M | -34.9M | -24.92M | -17.54M | -10.72M |
| Net Margin % | 0.4% | -0.42% | -1.73% | -5.21% | -1.72% | -2.96% | -5.57% | -2.31% | -8.78% | -1.63% | -1.6% | -0.16% | -6.79% | -16.94% | -3.12% | 6.7% | -19.72% | -15.39% | -10.43% | -6.13% |
| Net Income Growth % | 124.32% | 83.84% | 60.28% | -157.53% | 76.45% | -94.07% | -191.22% | -1202.68% | -14.94% | 91.32% | 51.37% | -102.5% | 63.65% | -31.73% | 62.87% | 225.49% | -171.1% | -442.78% | -477.48% | -87.4% |
| Net Income (Continuing) | 835K | -894K | -3.66M | -11.27M | -3.43M | -5.53M | -9.22M | -4.38M | -14.58M | -2.85M | -3.17M | -336K | -12.69M | -32.83M | -6.51M | 13.46M | -34.9M | -24.92M | -17.54M | -10.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03 | -0.03 | -0.13 | -0.40 | -0.12 | -0.20 | -0.33 | -0.16 | -0.53 | -0.10 | -0.12 | -0.01 | -0.47 | -1.73 | -0.11 | 0.50 | -1.30 | -0.93 | -0.66 | -0.40 |
| EPS Growth % | 124.42% | 84.25% | 60.61% | -150% | 77.36% | -100% | -175% | -1190.32% | -12.77% | 94.22% | -9.09% | -102.48% | 63.85% | -86.02% | 83.33% | 225% | -165.31% | -447.06% | -450% | -81.82% |
| EPS (Basic) | 0.03 | -0.03 | -0.13 | -0.40 | -0.12 | -0.20 | -0.33 | -0.16 | -0.53 | -0.10 | -0.12 | -0.01 | -0.47 | -1.73 | -0.11 | 0.50 | -1.30 | -0.93 | -0.66 | -0.40 |
| Diluted Shares Outstanding | 28.26M | 28.2M | 28.01M | 27.88M | 27.84M | 27.8M | 27.56M | 27.45M | 27.44M | 27.38M | 27.11M | 27.05M | 27.04M | 27M | 26.86M | 26.87M | 26.78M | 26.75M | 26.61M | 26.54M |
| Basic Shares Outstanding | 28.26M | 28.2M | 28.01M | 27.88M | 27.84M | 27.8M | 27.56M | 27.45M | 27.44M | 27.38M | 27.11M | 27.05M | 26.99M | 27M | 26.86M | 26.79M | 26.78M | 26.75M | 26.57M | 26.54M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |