Matrix Service Co income statement
In fiscal 2026, Matrix Service Co reported revenue of $874m, up 13.6% on the year before, operating income of −$9.6m (a -1.1% margin) and net income of −$2.6m, or −$0.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 553 | 629 | 739 | 893 | 1,263 | 1,343 | 1,312 | 1,198 | 1,092 | 1,417 | 1,101 | 673 | 708 | 795 | 728 | 769 | 874 |
| Cost of revenue | — | — | — | — | — | — | 1,186 | 1,117 | 1,000 | 1,285 | 999 | 641 | 709 | 764 | 688 | 730 | 810 |
| Gross profit | 53 | 75 | 80 | 95 | 136 | 87 | 126 | 81 | 92 | 132 | 102 | 33 | −1 | 31 | 40 | 40 | 64 |
| Selling, general and administrative | 45 | 44 | 48 | 58 | 78 | 79 | 85 | 76 | 84 | 94 | 86 | 70 | 68 | 68 | 70 | 71 | 64 |
| Operating income | 8 | 31 | 32 | 37 | 59 | 9 | 41 | 5 | −10 | 38 | −37 | −44 | −88 | −53 | −30 | −35 | −10 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 2 | 2 | 3 | 2 | 1 | 1 | 0 |
| Income before tax | 7 | 31 | 30 | 36 | 57 | 8 | 40 | 2 | −12 | 38 | −37 | −43 | −58 | −53 | −25 | −29 | −2 |
| Income tax | 3 | 12 | 13 | 12 | 20 | 10 | 14 | 2 | −1 | 10 | −4 | −12 | 6 | −0 | −0 | 0 | 0 |
| Net income | 5 | 19 | 17 | 24 | 36 | 17 | 29 | −0 | −11 | 28 | −33 | −31 | −64 | −52 | −25 | −29 | −3 |
| Diluted EPS | $0.18 | $0.71 | $0.65 | $0.91 | $1.33 | $0.63 | $1.07 | −$0.01 | −$0.43 | $1.01 | −$1.24 | −$1.18 | −$2.39 | −$1.94 | −$0.91 | −$1.06 | −$0.09 |
| Diluted shares (average) | 26m | 27m | 26m | 26m | 27m | 27m | 27m | 27m | 27m | 28m | 27m | 26m | 27m | 27m | 27m | 28m | 28m |
| EBITDA | 20 | 42 | 43 | 49 | 77 | 32 | 62 | 26 | 10 | 56 | −18 | −26 | −73 | −39 | −19 | −25 | −1 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 166 | 187 | 200 | 216 | 212 | 211 | 207 | 245 |
| Cost of revenue | 158 | 176 | 187 | 208 | 198 | 197 | 190 | 225 |
| Gross profit | 8 | 11 | 13 | 8 | 14 | 13 | 17 | 19 |
| Selling, general and administrative | 19 | 17 | 18 | 18 | 16 | 15 | 15 | 17 |
| Operating income | −11 | −6 | −5 | −13 | −6 | −2 | −1 | −1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −9 | −6 | −3 | −11 | — | — | — | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −9 | −6 | −3 | −11 | −4 | −1 | 1 | 1 |
| Diluted EPS | −$0.33 | −$0.20 | −$0.12 | −$0.40 | −$0.13 | −$0.03 | $0.03 | $0.04 |
| EBITDA | −8 | −4 | −2 | −10 | −3 | 0 | 1 | 1 |
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