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Side-by-side financial comparison of California Resources Corp (CRC) and MATRIX SERVICE CO (MTRX). Click either name above to swap in a different company.

MATRIX SERVICE CO is the larger business by last-quarter revenue ($210.5M vs $119.0M, roughly 1.8× California Resources Corp). MATRIX SERVICE CO produced more free cash flow last quarter ($6.3M vs $-32.0M). Over the past eight quarters, MATRIX SERVICE CO's revenue compounded faster (12.6% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs MTRX — Head-to-Head

Bigger by revenue
MTRX
MTRX
1.8× larger
MTRX
$210.5M
$119.0M
CRC
More free cash flow
MTRX
MTRX
$38.3M more FCF
MTRX
$6.3M
$-32.0M
CRC
Faster 2-yr revenue CAGR
MTRX
MTRX
Annualised
MTRX
12.6%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CRC
CRC
MTRX
MTRX
Revenue
$119.0M
$210.5M
Net Profit
$-894.0K
Gross Margin
6.2%
Operating Margin
-597.5%
-1.0%
Net Margin
-0.4%
Revenue YoY
12.5%
Net Profit YoY
83.8%
EPS (diluted)
$-8.02
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRC
CRC
MTRX
MTRX
Q1 26
$119.0M
Q4 25
$679.0M
$210.5M
Q3 25
$715.0M
$211.9M
Q2 25
$702.0M
$216.4M
Q1 25
$814.0M
$200.2M
Q4 24
$826.0M
$187.2M
Q3 24
$870.0M
$165.6M
Q2 24
$412.0M
$189.5M
Net Profit
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
$12.0M
$-894.0K
Q3 25
$64.0M
$-3.7M
Q2 25
$172.0M
$-11.3M
Q1 25
$115.0M
$-3.4M
Q4 24
$33.0M
$-5.5M
Q3 24
$345.0M
$-9.2M
Q2 24
$8.0M
$-4.4M
Gross Margin
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
6.2%
Q3 25
6.7%
Q2 25
3.8%
Q1 25
6.4%
Q4 24
5.8%
Q3 24
4.7%
Q2 24
6.6%
Operating Margin
CRC
CRC
MTRX
MTRX
Q1 26
-597.5%
Q4 25
6.9%
-1.0%
Q3 25
13.7%
-2.6%
Q2 25
38.0%
-6.0%
Q1 25
22.9%
-2.5%
Q4 24
8.2%
-3.4%
Q3 24
59.5%
-6.5%
Q2 24
9.2%
-2.8%
Net Margin
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
1.8%
-0.4%
Q3 25
9.0%
-1.7%
Q2 25
24.5%
-5.2%
Q1 25
14.1%
-1.7%
Q4 24
4.0%
-3.0%
Q3 24
39.7%
-5.6%
Q2 24
1.9%
-2.3%
EPS (diluted)
CRC
CRC
MTRX
MTRX
Q1 26
$-8.02
Q4 25
$0.21
$-0.03
Q3 25
$0.76
$-0.13
Q2 25
$1.92
$-0.41
Q1 25
$1.26
$-0.12
Q4 24
$0.87
$-0.20
Q3 24
$3.78
$-0.33
Q2 24
$0.11
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRC
CRC
MTRX
MTRX
Cash + ST InvestmentsLiquidity on hand
$199.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$137.6M
Total Assets
$650.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
$132.0M
$199.0M
Q3 25
$196.0M
$192.3M
Q2 25
$72.0M
$224.6M
Q1 25
$214.0M
$185.5M
Q4 24
$372.0M
$156.8M
Q3 24
$241.0M
$124.6M
Q2 24
$1.0B
$115.6M
Total Debt
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
MTRX
MTRX
Q1 26
$2.9B
Q4 25
$3.7B
$137.6M
Q3 25
$3.4B
$136.3M
Q2 25
$3.4B
$142.7M
Q1 25
$3.5B
$150.7M
Q4 24
$3.5B
$151.9M
Q3 24
$3.5B
$156.5M
Q2 24
$2.1B
$164.2M
Total Assets
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
$7.4B
$650.2M
Q3 25
$6.8B
$598.2M
Q2 25
$6.7B
$600.3M
Q1 25
$6.8B
$613.7M
Q4 24
$7.1B
$513.8M
Q3 24
$7.1B
$470.2M
Q2 24
$4.5B
$451.4M
Debt / Equity
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRC
CRC
MTRX
MTRX
Operating Cash FlowLast quarter
$99.0M
$7.5M
Free Cash FlowOCF − Capex
$-32.0M
$6.3M
FCF MarginFCF / Revenue
-26.9%
3.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$45.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
MTRX
MTRX
Q1 26
$99.0M
Q4 25
$235.0M
$7.5M
Q3 25
$279.0M
$-25.9M
Q2 25
$165.0M
$40.7M
Q1 25
$186.0M
$31.2M
Q4 24
$206.0M
$33.6M
Q3 24
$220.0M
$11.9M
Q2 24
$97.0M
$47.0M
Free Cash Flow
CRC
CRC
MTRX
MTRX
Q1 26
$-32.0M
Q4 25
$115.0M
$6.3M
Q3 25
$188.0M
$-27.9M
Q2 25
$109.0M
$38.4M
Q1 25
$131.0M
$28.7M
Q4 24
$118.0M
$32.7M
Q3 24
$141.0M
$10.0M
Q2 24
$63.0M
$45.7M
FCF Margin
CRC
CRC
MTRX
MTRX
Q1 26
-26.9%
Q4 25
16.9%
3.0%
Q3 25
26.3%
-13.2%
Q2 25
15.5%
17.8%
Q1 25
16.1%
14.3%
Q4 24
14.3%
17.5%
Q3 24
16.2%
6.0%
Q2 24
15.3%
24.1%
Capex Intensity
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
17.7%
0.6%
Q3 25
12.7%
0.9%
Q2 25
8.0%
1.0%
Q1 25
6.8%
1.3%
Q4 24
10.7%
0.5%
Q3 24
9.1%
1.2%
Q2 24
8.3%
0.7%
Cash Conversion
CRC
CRC
MTRX
MTRX
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

MTRX
MTRX

Storage And Terminal Solutions$99.9M47%
Utility And Power Infrastructure$75.4M36%
Process And Industrial Facilities$35.3M17%

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