MATRIX SERVICE CO reported third quarter of fiscal 2026 ended March 31, 2026 results: revenue $206.7 million, net income $0.8 million, EPS $0.03 per diluted share. Guidance reaffirmed.
“the energy and industrial markets, today announced financial results for the third quarter of fiscal 2026 ended March 31, 2026. THIRD QUARTER FISCAL 2026 HIGHLIGHTS • Revenue of $206.7 million • Net income of $0.8 million, or $0.03 per diluted share • Adjusted net income (1) of $3.8 million, or $0.13 per diluted share • Adjusted EBITDA (1) of $4.9 million • Liquidity”
Nancy E. Austin departed as Vice President and Chief Administrative Officer at MATRIX SERVICE CO.
“Ms. Austin will step down as Vice President and Chief Administrative Officer of the Company effective as of May 7, 2026.”
Kevin S. Cavanah departed as Vice President of Finance and Chief Financial Officer at MATRIX SERVICE CO.
“Kevin S. Cavanah, Vice President of Finance and Chief Financial Officer, and Nancy E. Austin, Chief Administrative Officer, will step down from their respective positions on the terms substantially as described below.”
Glyn A. Rodgers departed as President of Matrix PDM Engineering at MATRIX SERVICE CO.
“In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.”
Alan R. Updyke departed as Chief Operating Officer at MATRIX SERVICE CO.
“In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.”
Shawn P. Payne changed role as President Engineering & Construction at MATRIX SERVICE CO.
“Mr. Shawn P. Payne has been promoted to the newly created position of President Engineering & Construction, Matrix Service Company, effective May 5, 2025.”
Earnings Releases
MATRIX SERVICE CO reported the third quarter fiscal 2024 ended March 31, 2024 results: revenue $166.0 million, EPS ($0.53).
“+74% on a year-over-year basis, the highest level in 40-year company history • Total project awards of $186.8 million, resulting in a book-to-bill ratio of 1.1x • Revenue of $166.0 million, a decline of 11% on a year-over-year basis • Adjusted EBITDA of ($9.8) million (1) versus ($7.7) million in the prior-year period • Net loss per share of ($0.53) • Cash flow”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.