---
schema_version: "secwatch.filing_event.v1"
accession: "0000866273-24-000112"
form_type: "8-K"
ticker: "MTRX"
cik: "0000866273"
company_name: "MATRIX SERVICE CO"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:58:43.022898+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Matrix Service Q1 net loss $(0.33)/share; revenue $165.6M; reaffirms FY25 guidance $900-950M

## Summary
- Net loss per share $(0.33) (adjusted $(0.33)) vs $(0.12) GAAP and $(0.21) adjusted in prior year.
- Revenue $165.6M; adjusted EBITDA $(5.9)M vs $(0.9)M a year ago.
- Backlog $1.4B; Q1 awards $148M with book-to-bill 0.9x; FY25 revenue guidance reaffirmed $900-950M.
- UPI segment revenue grew >70% YoY; PIF revenue declined due to completion of large renewable diesel project.

## SEC filing metadata
- accession: 0000866273-24-000112
- form_type: 8-K
- ticker: MTRX
- cik: 0000866273
- company_name: MATRIX SERVICE CO
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866273/000086627324000112/0000866273-24-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866273/000086627324000112/mtrx-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866273-24-000112
- JSON: https://secwatch.observer/filing/0000866273-24-000112.json
- Plain text: https://secwatch.observer/filing/0000866273-24-000112.txt

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