Matrix Service Company (MTRX)

Name: Matrix Service Company Financial Statements
Creator: Quarter Results

Industrials | Engineering Construction

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$211M

Net Income

-$894K

Operating Margin

-0.9%

Free Cash Flow

$110M

Debt / Assets

76.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Matrix Service Company (MTRX).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	210,508,000	211,884,000	200,161,000	187,169,000
Cost of Revenue	197,373,000	197,702,000	187,311,000	176,277,000
Gross Profit	13,135,000	14,182,000	12,850,000	10,892,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	15,112,000	16,334,000	17,726,000	17,286,000
Operating Expenses	15,112,000	16,334,000	17,726,000	17,286,000
Operating Income	-1,977,000	-2,152,000	-4,876,000	-6,394,000
Interest Expense	118,000	127,000	-134,000	145,000
Income Before Tax	-731,000	-3,594,000	-3,434,000	-5,517,000
Income Tax Expense	163,000	69,000	0	16,000
Net Income	-894,000	-3,663,000	-3,434,000	-5,533,000
Per Share
EPS	-0.03	-0.13	-0.12	-0.20
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Matrix Service Company (MTRX).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	769,286,000	728,213,000	795,020,000	707,780,000	673,398,000
Cost of Revenue	729,609,000	687,740,000	764,200,000	708,986,000	640,633,000
Gross Profit	39,677,000	40,473,000	30,820,000	-1,206,000	32,765,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	71,173,000	70,085,000	68,249,000	67,690,000	69,756,000
Operating Expenses	74,745,000	70,085,000	68,249,000	67,690,000	69,756,000
Operating Income	-35,068,000	-29,612,000	-52,887,000	-87,854,000	-43,747,000
Interest Expense	518,000	1,130,000	2,024,000	2,951,000	1,559,000
Income Before Tax	-28,998,000	-25,012,000	-52,761,000	-58,283,000	-43,263,000
Income Tax Expense	464,000	-36,000	-400,000	5,617,000	-12,039,000
Net Income	-29,462,000	-24,976,000	-52,361,000	-63,900,000	-31,224,000
Per Share
EPS	-1.06	-0.91	-1.94	-2.39	-1.18
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Matrix Service Company (MTRX).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	224,641,000	115,615,000	54,812,000	52,371,000
Short Term Investments	0	0	0	0
Net Receivables	184,868,000	173,060,000	191,148,000	167,426,000
Inventory	5,917,000	8,839,000	7,437,000	9,974,000
Total Current Assets	419,773,000	301,591,000	262,256,000	287,412,000
Property Plant Equipment	59,924,000	62,648,000	69,344,000	75,936,000
Goodwill and Intangibles	29,602,000	30,674,000	32,186,000	46,931,000
Total Assets	600,256,000	451,351,000	400,504,000	440,793,000
Liabilities
Account Payables	80,453,000	65,629,000	76,365,000	74,886,000
Short Term Debt	4,441,000	7,478,000	9,322,000	5,715,000
Total Current Liabilities	436,375,000	265,115,000	187,535,000	177,785,000
Long Term Debt	16,986,000	19,156,000	30,660,000	34,904,000
Total Liabilities	457,540,000	287,169,000	219,020,000	213,087,000
Shareholders Equity
Retained Earnings	4,479,000	33,941,000	58,917,000	111,278,000
Total Shareholders Equity	142,716,000	164,182,000	181,484,000	227,706,000

Balance sheet annual history for Matrix Service Company (MTRX).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	224,641,000	115,615,000	54,812,000	52,371,000	83,878,000
Short Term Investments	0	0	0	0	0
Net Receivables	184,868,000	173,060,000	191,148,000	167,426,000	195,769,000
Inventory	5,917,000	8,839,000	7,437,000	9,974,000	7,342,000
Total Current Assets	419,773,000	301,591,000	262,256,000	287,412,000	291,219,000
Property Plant Equipment	59,924,000	62,648,000	69,344,000	75,936,000	91,819,000
Goodwill and Intangibles	29,602,000	30,674,000	32,186,000	46,931,000	67,250,000
Total Assets	600,256,000	451,351,000	400,504,000	440,793,000	467,556,000
Liabilities
Account Payables	80,453,000	65,629,000	76,365,000	74,886,000	60,920,000
Short Term Debt	4,441,000	7,478,000	9,322,000	5,715,000	5,747,000
Total Current Liabilities	436,375,000	265,115,000	187,535,000	177,785,000	153,402,000
Long Term Debt	16,986,000	19,156,000	30,660,000	34,904,000	20,771,000
Total Liabilities	457,540,000	287,169,000	219,020,000	213,087,000	182,017,000
Shareholders Equity
Retained Earnings	4,479,000	33,941,000	58,917,000	111,278,000	175,178,000
Total Shareholders Equity	142,716,000	164,182,000	181,484,000	227,706,000	285,539,000

Cash flow quarterly history for Matrix Service Company (MTRX).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	-29,462,000	-24,976,000	-52,361,000	-63,900,000
Depreciation & Amortization	10,012,000	11,023,000	13,694,000	15,254,000
Stock Based Compensation	8,904,000	7,745,000	6,791,000	7,877,000
Change in Working Capital	127,775,000	82,340,000	32,501,000	-6,408,000
Operating Cash Flow	117,471,000	72,571,000	10,247,000	-54,196,000
Investing Activities
Capital Expenditure	-7,685,000	-6,994,000	-9,009,000	-3,345,000
Investments	-7,685,000	-6,994,000	-9,009,000	-3,345,000
Investing Cash Flow	-7,445,000	-945,000	-2,543,000	35,673,000
Financing Activities
Debt Repayment	0	-10,000,000	-5,000,000	-5,000,000
Common Stock Issued/Repurchased	-1,040,000	-456,000	-58,000	-654,000
Dividends Paid	0	0	0	0
Financing Cash Flow	-1,040,000	-10,372,000	-5,058,000	12,699,000
Summary
Free Cash Flow	109,786,000	65,577,000	1,238,000	-57,541,000
Net Change in Cash	109,026,000	60,803,000	2,441,000	-6,507,000

Cash flow annual history for Matrix Service Company (MTRX).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	-29,462,000	-24,976,000	-52,361,000	-63,900,000	-31,224,000
Depreciation & Amortization	10,012,000	11,023,000	13,694,000	15,254,000	17,858,000
Stock Based Compensation	8,904,000	7,745,000	6,791,000	7,877,000	8,156,000
Change in Working Capital	127,775,000	82,340,000	32,501,000	-6,408,000	1,552,000
Operating Cash Flow	117,471,000	72,571,000	10,247,000	-54,196,000	-2,971,000
Investing Activities
Capital Expenditure	-7,685,000	-6,994,000	-9,009,000	-3,345,000	-4,354,000
Investments	-7,685,000	-6,994,000	-9,009,000	-3,345,000	0
Investing Cash Flow	-7,445,000	-945,000	-2,543,000	35,673,000	-2,264,000
Financing Activities
Debt Repayment	0	-10,000,000	-5,000,000	-5,000,000	-11,268,000
Common Stock Issued/Repurchased	-1,040,000	-456,000	-58,000	-654,000	-1,205,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-1,040,000	-10,372,000	-5,058,000	12,699,000	-12,324,000
Summary
Free Cash Flow	109,786,000	65,577,000	1,238,000	-57,541,000	-7,325,000
Net Change in Cash	109,026,000	60,803,000	2,441,000	-6,507,000	-16,158,000