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.
MTRX Q2 2026 Key Financial Metrics
Revenue
$210.5M
Gross Profit
$13.1M
Operating Profit
$-2.2M
Net Profit
$-894.0K
Gross Margin
6.2%
Operating Margin
-1.0%
Net Margin
-0.4%
YoY Growth
12.5%
EPS
$-0.03
Financial Flow
MATRIX SERVICE CO Q2 2026 Financial Summary
MATRIX SERVICE CO reported revenue of $210.5M (up 12.5% YoY) for Q2 2026, with a net profit of $-894.0K (up 83.8% YoY) (-0.4% margin). Cost of goods sold was $197.4M, operating expenses totaled $15.3M.
Key Financial Metrics
| Total Revenue | $210.5M |
|---|---|
| Net Profit | $-894.0K |
| Gross Margin | 6.2% |
| Operating Margin | -1.0% |
| Report Period | Q2 2026 |
Revenue Breakdown
MATRIX SERVICE CO Q2 2026 revenue of $210.5M breaks down across 3 segments, led by Storage And Terminal Solutions at $99.9M (47.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Storage And Terminal Solutions | $99.9M | 47.4% |
| Utility And Power Infrastructure | $75.4M | 35.8% |
| Process And Industrial Facilities | $35.3M | 16.7% |
MATRIX SERVICE CO Revenue by Segment — Quarterly Trend
MATRIX SERVICE CO revenue by segment across the last 4 reported quarters, showing how each business line (such as Storage And Terminal Solutions and Utility And Power Infrastructure) has evolved quarter over quarter.
| Segment | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| Storage And Terminal Solutions | $99.9M | $109.5M | — | $96.1M |
| Utility And Power Infrastructure | $75.4M | $74.5M | — | $58.7M |
| Process And Industrial Facilities | $35.3M | $27.9M | — | $45.4M |
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). Click any linked year to see what changed vs the prior annual report.
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 |