earnings
confidence high
sentiment negative
materiality 0.75
Matrix Service Q4 net loss $(0.40)/share on $216.4M revenue; FY2026 guidance $875-925M
MATRIX SERVICE CO
- Net loss of $11.3M ($0.40/sh) in Q4 FY2025, widening from $4.4M loss ($0.16/sh) in Q4 FY2024; adjusted loss $0.28/sh.
- Revenue rose 14% YoY to $216.4M; full-year FY2025 revenue $769.3M.
- Adjusted EBITDA of $(4.8)M vs $0.2M in prior-year quarter; discrete items cut net income by $14.9M.
- Backlog $1.4B; project awards $186.3M in Q4 for book-to-bill 0.9x; liquidity $284.5M, no debt.
- Guides FY2026 revenue $875M-$925M, ~17% growth at midpoint; backlog covers 85% of midpoint.
item 2.02item 9.01