Company data sheet · Matrix Service
Matrix Service: from profit to seven straight losses.
- Industry
- Construction - Special Trade Contractors
- Headquarters
- United States
- Ticker
- MTRX (Nasdaq)
- Sources
- SEC filings (1995–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to seven straight losses. Matrix Service earned $0 billion in fiscal 2019–2019. Then it lost money every year from fiscal 2020 to 2026: $0.2 billion in all.
- The cycle hit it too. The losses began in fiscal 2020 (mostly calendar 2020), when the US economy shrank 2.1%. Part of the damage came from outside; the test is whether it recovered when the economy did.
- Left behind by its peers. From 2016 to 2025, its revenue shrank 41% in US dollars; the median among 32 large builders grew 127%. It outgrew only 0% of them.
- Still smaller than it was. Revenue reached $0.9 billion in fiscal 2026, 38% below its fiscal 2019 peak of $1.4 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $1.3 billion | $0 billion | |
| 2017 | $1.2 billion | −$0 billion | |
| 2018 | $1.1 billion | −$0 billion | |
| 2019 | $1.4 billion | $0 billion | |
| 2020 | $1.1 billion | −$0 billion | |
| 2021 | $0.7 billion | −$0 billion | |
| 2022 | $0.7 billion | −$0.1 billion | |
| 2023 | $0.8 billion | −$0.1 billion | |
| 2024 | $0.7 billion | −$0 billion | |
| 2025 | $0.8 billion | −$0 billion | |
| 2026 | $0.9 billion | −$0 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 26 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (20 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 50 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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