StockDriftsMATRIX SERVICE CO · MTRX · 10-K · Filed
Reports FY2026 revenue up 14%, gross margin up to 7.3%, net loss reduced by 91%
MTRX
10-K
Earnings
Source: SEC EDGAR, accession 0000866273-26-000057
What did MATRIX SERVICE CO announce?
Matrix Service Co. reports fiscal year 2026 revenue of $873.6 million, up 14% year-over-year, with gross margin increasing to 7.3% and net loss improving significantly.
Key details
- Revenue increased by $104.3 million to $873.6 million in fiscal year 2026, compared to $769.3 million in fiscal year 2025.
- Gross profit rose by $24.3 million, or 61%, to $63.9 million, with gross margin improving to 7.3% from 5.2% in fiscal 2025.
- Net loss significantly reduced by $26.8 million, or 91%, to $(2.58) million in fiscal 2026 from $(29.46) million in fiscal 2025.
- Selling, general and administrative expenses decreased by $7.6 million, or 11%, to $63.6 million in fiscal 2026.
Reported results
| Measure | Reported |
|---|---|
| Period | FY2026 |
| Revenue | $873.6M |
| Revenue, year ago | $769.3M |
| Revenue growth, YoY | +13.6% |
| Gross margin | 7.3% |
| Reporting currency | USD |
Figures as reported by MATRIX SERVICE CO in this filing, in USD. Year-over-year growth is calculated from the two revenue lines above.
Why it matters
This 10-K reports a results announcement at MATRIX SERVICE CO. The likely share-price reaction reads as positive.
Bullish