---
schema_version: "secwatch.filing_event.v1"
accession: "0000866273-23-000054"
form_type: "8-K"
ticker: "MTRX"
cik: "0000866273"
company_name: "MATRIX SERVICE CO"
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:56:51.801987+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matrix Service Q4 net loss narrows to $0.01/share; backlog rises 85% to $1.1B

## Summary
- Q4 revenue $205.9M (+10% vs Q3); full-year revenue $795.0M.
- Q4 net loss $0.3M ($0.01/share); adjusted net loss $3.1M ($0.11/share).
- Q4 project awards $463.6M (book-to-bill 2.3); FY awards $1.3B (1.7).
- Backlog $1.1B at June 30, up 85% YoY and 31% sequentially.
- Utility & Power Infrastructure Q4 awards $360.7M, book-to-bill 9.2.

## SEC filing metadata
- accession: 0000866273-23-000054
- form_type: 8-K
- ticker: MTRX
- cik: 0000866273
- company_name: MATRIX SERVICE CO
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/866273/000086627323000054/0000866273-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866273/000086627323000054/mtrx-20230911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866273-23-000054
- JSON: https://secwatch.observer/filing/0000866273-23-000054.json
- Plain text: https://secwatch.observer/filing/0000866273-23-000054.txt

## Key facts
- Earnings Releases
  MATRIX SERVICE CO reported fourth quarter and year ended June 30, 2023 results: revenue $205.9 million, net income net loss of $0.3 million, or $0.01 per share, EPS $0.01 per share.
  - Period: fourth quarter and year ended June 30, 2023
  - Revenue: $205.9 million
  - Net income: net loss of $0.3 million, or $0.01 per share
  - EPS: $0.01 per share
  - Result: reported results
  source text: $1.1 billion compared to the third quarter of fiscal 2023, and by 85% since the start of the fiscal year; highest backlog level since June 30, 2019 • Fourth quarter revenue of $205.9 million, an increase of 10% compared to the third quarter of fiscal 2023; full fiscal year revenue of $795.0 million • Loss per fully diluted share of $0.01 in the fourth quarter;
  evidence_url: https://www.sec.gov/Archives/edgar/data/866273/000086627323000054/0000866273-23-000054-index.htm

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