MATRIX SERVICE CO Income Statement
MTRX|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$769M
FY2025
Gross Profit
$40M
5.2% gross margin
Operating Income
-$35M
FY2025
Net Income
-$29M
FY2025
MATRIX SERVICE CO reported $769M in revenue and $29M in net loss for FY2025. Revenue has grown at a 2.6% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $769.3M | $728.2M | $795.0M | $1.1B | $1.4B | $1.1B | $1.2B | $1.3B | $1.2B | $1.3B | $892.6M | $739.0M | $892.6M | $553.3M |
| Cost of Revenue | $729.6M | $687.7M | $764.2M | $998.8M | $1.3B | $999.6M | $1.1B | $1.2B | $1.1B | $1.2B | - | - | - | - |
| Gross Profit | $39.7M | $40.5M | $30.8M | $102.2M | $132.0M | $91.9M | $81.0M | $126.0M | $81.0M | $126.0M | $94.7M | $79.6M | $94.7M | $52.9M |
| SG&A Expense | $71.2M | $70.1M | $68.2M | $86.3M | $94.0M | $84.4M | $76.1M | $85.1M | $76.1M | $85.1M | $58.0M | $48.0M | $58.0M | $45.2M |
| Operating Income | -$35.1M | -$30.1M | -$52.9M | -$36.6M | $37.9M | -$10.5M | $4.9M | $40.9M | $4.9M | $40.9M | $36.7M | $31.6M | $36.7M | $7.8M |
| Interest Expense | $518.0K | $1.1M | $2.0M | $1.6M | $1.3M | $2.6M | $2.2M | $852.0K | $2.2M | $852.0K | $800.0K | $814.0K | $800.0K | $672.0K |
| Income Tax | $464.0K | -$36.0K | -$400.0K | -$3.6M | $10.4M | -$668.0K | $2.3M | $14.1M | $2.3M | $14.1M | $11.9M | $13.3M | $11.9M | $2.5M |
| Net Income | -$29.5M | -$25.0M | -$52.4M | -$33.1M | $28.0M | -$11.5M | -$183.0K | $28.9M | -$183.0K | $28.9M | $24.0M | $17.2M | $24.0M | $4.9M |
| EPS (Basic) | -$1.94 | -$2.39 | -$1.18 | -$1.24 | $1.04 | -$0.43 | -$0.01 | $1.09 | $0.64 | $1.36 | $0.92 | $0.66 | $0.72 | $0.19 |
| EPS (Diluted) | -$1.94 | -$2.39 | -$1.18 | -$1.24 | $1.01 | -$0.43 | -$0.01 | $1.07 | $0.63 | $1.33 | $0.91 | $0.65 | $0.71 | $0.18 |
| Shares Outstanding | 27.3M | 26.7M | 26.5M | 26.6M | 27.6M | 26.8M | 26.5M | 27.1M | 27.2M | 27.0M | 26.4M | 26.3M | 26.7M | 26.5M |
| Gross Margin | 5.2% | 5.6% | 3.9% | 9.3% | 9.3% | 8.4% | 6.8% | 9.6% | 6.8% | 9.6% | 10.6% | 10.8% | 10.6% | 9.6% |
| Operating Margin | -4.6% | -4.1% | -6.7% | -3.3% | 2.7% | -1.0% | 0.4% | 3.1% | 0.4% | 3.1% | 4.1% | 4.3% | 4.1% | 1.4% |
| Profit Margin | -3.8% | -3.4% | -6.6% | -3.0% | 2.0% | -1.1% | -0.0% | 2.2% | -0.0% | 2.2% | 2.7% | 2.3% | 2.7% | 0.9% |