MATRIX SERVICE COMTRXEarnings & Financial Report
Matrix Telecom, Inc., operating as Matrix Business Technologies, Trinsic, Powered by Matrix, Excel Telecommunications and various other niche brands is a United States telecommunications firm that provides voice and data services to consumers and small and medium businesses as well as multi-location distributed enterprise markets. The firm also provides wholesale voice services to the telecommunications, wireless and cable industries.
Revenue
$216.4M
Gross Profit
$8.1M
Operating Profit
$-12.9M
Net Profit
$-11.3M
Gross Margin
3.8%
Operating Margin
-6.0%
Net Margin
-5.2%
YoY Growth
14.2%
EPS
$-0.41
Financial Flow
MATRIX SERVICE CO Q4 2025 Financial Summary
MATRIX SERVICE CO reported revenue of $216.4M (up 14.2% YoY) for Q4 2025, with a net profit of $-11.3M (down 157.5% YoY) (-5.2% margin). Cost of goods sold was $208.3M, operating expenses totaled $21.0M.
Key Financial Metrics
| Total Revenue | $216.4M |
|---|---|
| Net Profit | $-11.3M |
| Gross Margin | 3.8% |
| Operating Margin | -6.0% |
| Report Period | Q4 2025 |
MATRIX SERVICE CO Annual Revenue by Year
MATRIX SERVICE CO annual revenue history includes year-by-year totals (for example, 2025 revenue was $769.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $769.3M |
| 2024 | $728.2M |
| 2023 | $795.0M |
| 2022 | $707.8M |
MATRIX SERVICE CO Quarterly Revenue & Net Profit History
MATRIX SERVICE CO results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2026 | $210.5M | +12.5% | $-894.0K | -0.4% |
| Q1 2026 | $211.9M | +28.0% | $-3.7M | -1.7% |
| Q4 2025 | $216.4M | +14.2% | $-11.3M | -5.2% |
| Q3 2025 | $200.2M | +20.6% | $-3.4M | -1.7% |
| Q2 2025 | $187.2M | +6.9% | $-5.5M | -3.0% |
| Q1 2025 | $165.6M | -16.2% | $-9.2M | -5.6% |
| Q4 2024 | $189.5M | -7.9% | $-4.4M | -2.3% |
| Q3 2024 | $166.0M | -11.2% | $-14.6M | -8.8% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $166.0M | $189.5M | $165.6M | $187.2M | $200.2M | $216.4M | $211.9M | $210.5M |
| YoY Growth | -11.2% | -7.9% | -16.2% | 6.9% | 20.6% | 14.2% | 28.0% | 12.5% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $440.0M | $451.4M | $470.2M | $513.8M | $613.7M | $600.3M | $598.2M | $650.2M |
| Liabilities | $274.2M | $287.2M | $313.6M | $361.9M | $463.0M | $457.5M | $461.9M | $512.6M |
| Equity | $165.8M | $164.2M | $156.5M | $151.9M | $150.7M | $142.7M | $136.3M | $137.6M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $24.8M | $47.0M | $11.9M | $33.6M | $31.2M | $40.7M | $-25.9M | $7.5M |