secwatch.observer — SEC 8-K summary
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Issuer:     MATRIX SERVICE CO (MTRX)
CIK:        0000866273
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0000866273-25-000066
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matrix Service Q4 net loss $(0.40)/share on $216.4M revenue; FY2026 guidance $875-925M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866273/000086627325000066/0000866273-25-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866273/000086627325000066/mtrx-20250909.htm
  HTML page:      https://secwatch.observer/filing/0000866273-25-000066

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