---
schema_version: "secwatch.filing_event.v1"
accession: "0000866273-22-000005"
form_type: "8-K"
ticker: "MTRX"
cik: "0000866273"
company_name: "MATRIX SERVICE CO"
filed_at: "2022-02-07T23:59:59+00:00"
generated_at: "2026-06-27T10:53:14.958101+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matrix Service Q2 fiscal 2022 loss $0.93/diluted share; adjusted loss $0.38; backlog $591.6M

## Summary
- Revenue $162.0M, down from $168.1M in Q1; gross margin 2.0%.
- Project awards $192.2M (book-to-bill 1.2); backlog up 28% vs. start of fiscal year.
- GAAP loss per diluted share $0.93; adjusted loss $0.38 excludes $14.2M DTA valuation allowance and $0.7M restructuring.
- No debt; liquidity $101.7M including $65.0M cash and $36.7M ABL availability.
- Estimate $80M cost structure reductions since fiscal 2020; expect return to profitability in Q4 fiscal 2022.

## SEC filing metadata
- accession: 0000866273-22-000005
- form_type: 8-K
- ticker: MTRX
- cik: 0000866273
- company_name: MATRIX SERVICE CO
- filed_at: 2022-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866273/000086627322000005/0000866273-22-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866273/000086627322000005/mtrx-20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866273-22-000005
- JSON: https://secwatch.observer/filing/0000866273-22-000005.json
- Plain text: https://secwatch.observer/filing/0000866273-22-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.