---
schema_version: "secwatch.filing_event.v1"
accession: "0000866273-25-000098"
form_type: "8-K"
ticker: "MTRX"
cik: "0000866273"
company_name: "MATRIX SERVICE CO"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:29:23.146129+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Matrix Service posts Q1 rev $211.9M (+28% YoY); net loss narrows to $(0.13)/share; reaffirms FY2026 guidance

## Summary
- Revenue $211.9M (+28% YoY); net loss per share $(0.13) vs $(0.33); adjusted net loss $(0.01) per share.
- Adjusted EBITDA $2.5M vs $(5.9)M; liquidity $248.9M with no outstanding debt.
- Storage & Terminal rev +40% to $109.5M; Utility & Power rev +33% to $74.5M, gross margin 9.1% (up from 2.3%).
- Backlog $1.2B; awards $187.8M (book-to-bill 0.9x); two projects ($197M) removed from backlog due to client changes.
- FY2026 revenue guidance reaffirmed $875-925M (14-20% growth); management sees continued margin improvement.

## SEC filing metadata
- accession: 0000866273-25-000098
- form_type: 8-K
- ticker: MTRX
- cik: 0000866273
- company_name: MATRIX SERVICE CO
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866273/000086627325000098/0000866273-25-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866273/000086627325000098/mtrx-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866273-25-000098
- JSON: https://secwatch.observer/filing/0000866273-25-000098.json
- Plain text: https://secwatch.observer/filing/0000866273-25-000098.txt

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