Matrix Service Co. (MTRX)
Nasdaq · Construction - Special Trade Contractors · Construction · CIK 866273 · fiscal year ends in Jun
Closing price $9.36 on 30 Oct 2026; 52-week range $9.36 to $15.60.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $873.6M
- Revenue growth
- 13.6%
- Net income, last twelve months
- -$2.6M
- Earnings per share
- -$0.09
- Gross margin
- 7.3%
- Operating margin
- -1.1%
- Net margin
- -0.3%
- Free cash flow
- $1.4M
- Return on equity
- -1.8%
- Market value
- $258.4M
- Cash
- $223.0M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 27.6M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 30 Jun 2026 | $873.6M | -$9.6M | -$2.6M | -$0.09 | $1.4M | 10-K filed 3 Sep 2026 |
| FY2025 | 30 Jun 2025 | $769.3M | -$35.1M | -$29.5M | -$1.06 | $109.8M | 10-K filed 10 Sep 2025 |
| FY2024 | 30 Jun 2024 | $728.2M | -$30.1M | -$25.0M | -$0.91 | $65.6M | 10-K filed 10 Sep 2024 |
| FY2023 | 30 Jun 2023 | $795.0M | -$52.9M | -$52.4M | -$1.94 | $1.2M | 10-K filed 12 Sep 2023 |
| FY2022 | 30 Jun 2022 | $707.8M | -$87.9M | -$63.9M | -$2.39 | -$57.5M | 10-K filed 11 Oct 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q4 FY2026 | 30 Jun 2026 | $244.5M | $1.1M | $0.04 |
| Q3 FY2026 | 31 Mar 2026 | $206.7M | $835.0K | $0.03 |
| Q2 FY2026 | 31 Dec 2025 | $210.5M | -$894.0K | -$0.03 |
| Q1 FY2026 | 30 Sep 2025 | $211.9M | -$3.7M | -$0.13 |
| Q4 FY2025 | 30 Jun 2025 | $216.4M | -$11.3M | -$0.40 |
| Q3 FY2025 | 31 Mar 2025 | $200.2M | -$3.4M | -$0.12 |
| Q2 FY2025 | 31 Dec 2024 | $187.2M | -$5.5M | -$0.20 |
| Q1 FY2025 | 30 Sep 2024 | $165.6M | -$9.2M | -$0.33 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2026
| Segment | Revenue | Share |
|---|---|---|
| Storage and Terminal Solutions | $458.3M | 52.5% |
| Utility and Power Infrastructure | $283.4M | 32.4% |
| Process and Industrial Facilities | $131.9M | 15.1% |
By region, FY2026
| Segment | Revenue | Share |
|---|---|---|
| United States | $828.1M | 94.8% |
| Canada | $38.4M | 4.4% |
| Other international | $7.1M | 0.8% |
Company events
The newest 8-K filings of 206 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 19 Oct 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 2 Sep 2026 | 8-K | Results | 2.02, 9.01 |
| 2 Jul 2026 | 8-K | Leadership change | 5.02 |
| 6 May 2026 | 8-K | Results | 2.02, 9.01 |
| 30 Apr 2026 | 8-K | Leadership change | 5.02 |
| 4 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Jan 2026 | 8-K | Leadership change | 5.02 |
| 5 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 4 Nov 2025 | 8-K | Shareholder vote | 5.07 |
| 9 Sep 2025 | 8-K | Results | 2.02, 9.01 |
| 25 Aug 2025 | 8-K | Material agreement | 1.01, 9.01 |
| 7 May 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 487 held.
| Filed | Form | Period |
|---|---|---|
| 19 Oct 2026 | 8-K | 19 Oct 2026 |
| 23 Sep 2026 | ARS | 30 Jun 2026 |
| 23 Sep 2026 | DEFA14A | – |
| 23 Sep 2026 | DEF 14A | 3 Nov 2026 |
| 3 Sep 2026 | 10-K | 30 Jun 2026 |
| 2 Sep 2026 | 8-K | 2 Sep 2026 |
| 2 Jul 2026 | 8-K | 28 Jun 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 6 May 2026 | 8-K | 6 May 2026 |
| 30 Apr 2026 | 8-K | 28 Apr 2026 |
| 5 Feb 2026 | 10-Q | 31 Dec 2025 |
| 4 Feb 2026 | 8-K | 4 Feb 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 15 Jun 2026 | Cavanah Kevin S, VP Finance & CFO | Sale under a trading plan | 1,418 | $14.03 | $19.9K | 87,113 | 15 Jun 2026 |
| 12 Jun 2026 | Cavanah Kevin S, VP Finance & CFO | Sale under a trading plan | 2,073 | $14.00 | $29.0K | 88,531 | 15 Jun 2026 |
| 12 Jun 2026 | Sheets Justin D, SVP, Enterprise Services | Sale outside a trading plan | 16,991 | $13.50 | $229.4K | 64,337 | 15 Jun 2026 |
| 5 Jun 2026 | Cavanah Kevin S, VP Finance & CFO | Sale under a trading plan | 6,509 | $14.13 | $92.0K | 90,604 | 8 Jun 2026 |
| 4 Jun 2026 | Cavanah Kevin S, VP Finance & CFO | Sale under a trading plan | 50,000 | $14.10 | $704.9K | 97,113 | 8 Jun 2026 |
| 26 May 2026 | Cavanah Kevin S, VP Finance & CFO | Sale under a trading plan | 60,000 | $12.90 | $773.8K | 147,113 | 26 May 2026 |
| 8 May 2026 | Hewitt John R, President & CEO | Sale outside a trading plan | 36,000 | $12.50 | $450.2K | 581,806 | 12 May 2026 |
| 18 Feb 2026 | Austin Nancy E, VP, Chief Admin Officer | Sale outside a trading plan | 4,193 | $11.29 | $47.3K | 106,138 | 19 Feb 2026 |
| 25 Nov 2025 | Payne Shawn P, President, Eng & Constr | Sale outside a trading plan | 5,231 | $11.42 | $59.7K | 102,179 | 25 Nov 2025 |
| 20 Nov 2025 | Payne Shawn P, President, Eng & Constr | Sale outside a trading plan | 3,019 | $11.42 | $34.5K | 107,410 | 24 Nov 2025 |
| 11 Nov 2025 | Payne Shawn P, President, Eng & Constr | Sale outside a trading plan | 8,250 | $12.58 | $103.8K | 110,429 | 12 Nov 2025 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 12 Jun 2026 | JUSTIN SHEETS, Officer | 16,991 | $229.4K | 12 Jun 2026 |
| 4 Jun 2026 | Cavanah Kevin S, Officer | 60,000 | $840.0K | 4 Jun 2026 |
| 26 May 2026 | Cavanah Kevin S, Officer | 60,000 | $763.8K | 26 May 2026 |
| 11 May 2026 | HEWITT JOHN R, Officer, Director | 36,000 | $437.8K | 8 May 2026 |
| 25 Nov 2025 | SHAWN P PAYNE, Officer | 5,231 | $59.7K | 25 Nov 2025 |
| 20 Nov 2025 | SHAWN P PAYNE, Officer | 3,019 | $34.5K | 20 Nov 2025 |
| 12 Nov 2025 | SHAWN P PAYNE, Officer | 8,250 | $103.8K | 11 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 7 Apr 2026 | BlackRock, Inc. | 13G amended | 6.8% | 1.9M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 21 Jan 2026 | BlackRock, Inc. | 13G amended | 12.4% | 3.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.5M | +31.69% | 2.75 |
| 30 Sep 2026 | 1.1M | -0.43% | 2.17 |
| 15 Sep 2026 | 1.2M | +9.58% | 2.56 |
| 31 Aug 2026 | 1.0M | +46.46% | 4.2 |
| 14 Aug 2026 | 716.9K | +8.5% | 4.07 |
| 31 Jul 2026 | 660.7K | +2.53% | 3.75 |
| 15 Jul 2026 | 644.4K | -14.66% | 3.09 |
| 30 Jun 2026 | 755.1K | +17.88% | 2.43 |
Funds that hold it
From each fund's latest Form 13F.
164 funds held it at 30 Jun 2026: 86 added and 41 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 2,139,456 | $29.3M | +125,239 |
| First Eagle Investment Management, LLC | 1,980,434 | $27.1M | – |
| Needham Investment Management LLC | 1,435,000 | $19.7M | 0 |
| American Century Companies Inc. | 1,206,822 | $16.5M | +225,183 |
| Gendell Jeffrey L | 1,192,529 | $16.3M | -38,778 |
| Vanguard Capital Management LLC | 1,188,393 | $16.3M | -8,394 |
| Acadian Asset Management LLC | 871,501 | $11.9M | +395,412 |
| Harvey Partners, LLC | 815,023 | $11.2M | -89,977 |
| Two Sigma Investments, LP | 748,118 | $10.2M | +110,427 |
| Geode Capital Management, LLC | 721,322 | $9.9M | +35,949 |
Peers
Companies in the same industry.
- Argan Inc. (AGX): revenue $1.2B, market value $4.8B
- Legence Corp. (LGN): revenue $3.7B, market value $4.2B
- Sunrun Inc. (RUN): revenue $3.5B, market value $1.8B
- Ameresco, Inc. (AMRC): revenue –, market value $1.1B
- Limbach Holdings, Inc. (LMB): revenue $683.8M, market value $577.5M
- Concrete Pumping Holdings, Inc. (BBCP): revenue $422.9M, market value $516.0M