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Side-by-side financial comparison of IDACORP INC (IDA) and MATRIX SERVICE CO (MTRX). Click either name above to swap in a different company.
IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $210.5M, roughly 1.7× MATRIX SERVICE CO). IDACORP INC runs the higher net margin — 12.1% vs -0.4%, a 12.5% gap on every dollar of revenue. On growth, MATRIX SERVICE CO posted the faster year-over-year revenue change (12.5% vs -4.2%). MATRIX SERVICE CO produced more free cash flow last quarter ($6.3M vs $-216.2M). Over the past eight quarters, MATRIX SERVICE CO's revenue compounded faster (12.6% CAGR vs -7.2%).
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
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.
IDA vs MTRX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $210.5M |
| Net Profit | $43.6M | $-894.0K |
| Gross Margin | — | 6.2% |
| Operating Margin | 14.9% | -1.0% |
| Net Margin | 12.1% | -0.4% |
| Revenue YoY | -4.2% | 12.5% |
| Net Profit YoY | 15.1% | 83.8% |
| EPS (diluted) | $0.78 | $-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.
| Q4 25 | $360.1M | $210.5M | ||
| Q3 25 | $526.4M | $211.9M | ||
| Q2 25 | $449.3M | $216.4M | ||
| Q1 25 | $411.1M | $200.2M | ||
| Q4 24 | $375.9M | $187.2M | ||
| Q3 24 | $532.5M | $165.6M | ||
| Q2 24 | $442.6M | $189.5M | ||
| Q1 24 | $417.9M | $166.0M |
| Q4 25 | $43.6M | $-894.0K | ||
| Q3 25 | $124.4M | $-3.7M | ||
| Q2 25 | $95.8M | $-11.3M | ||
| Q1 25 | $59.6M | $-3.4M | ||
| Q4 24 | $37.9M | $-5.5M | ||
| Q3 24 | $113.6M | $-9.2M | ||
| Q2 24 | $89.5M | $-4.4M | ||
| Q1 24 | $48.2M | $-14.6M |
| 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% | ||
| Q1 24 | — | 3.4% |
| Q4 25 | 14.9% | -1.0% | ||
| Q3 25 | 27.5% | -2.6% | ||
| Q2 25 | 22.4% | -6.0% | ||
| Q1 25 | 13.4% | -2.5% | ||
| Q4 24 | 11.0% | -3.4% | ||
| Q3 24 | 25.1% | -6.5% | ||
| Q2 24 | 23.3% | -2.8% | ||
| Q1 24 | 11.9% | -8.7% |
| Q4 25 | 12.1% | -0.4% | ||
| Q3 25 | 23.6% | -1.7% | ||
| Q2 25 | 21.3% | -5.2% | ||
| Q1 25 | 14.5% | -1.7% | ||
| Q4 24 | 10.1% | -3.0% | ||
| Q3 24 | 21.3% | -5.6% | ||
| Q2 24 | 20.2% | -2.3% | ||
| Q1 24 | 11.5% | -8.8% |
| Q4 25 | $0.78 | $-0.03 | ||
| Q3 25 | $2.26 | $-0.13 | ||
| Q2 25 | $1.76 | $-0.41 | ||
| Q1 25 | $1.10 | $-0.12 | ||
| Q4 24 | $0.72 | $-0.20 | ||
| Q3 24 | $2.12 | $-0.33 | ||
| Q2 24 | $1.71 | $-0.16 | ||
| Q1 24 | $0.95 | $-0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $215.7M | $199.0M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $3.6B | $137.6M |
| Total Assets | $10.2B | $650.2M |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $215.7M | $199.0M | ||
| Q3 25 | $333.2M | $192.3M | ||
| Q2 25 | $474.5M | $224.6M | ||
| Q1 25 | $634.5M | $185.5M | ||
| Q4 24 | $368.9M | $156.8M | ||
| Q3 24 | $427.9M | $124.6M | ||
| Q2 24 | $169.6M | $115.6M | ||
| Q1 24 | $157.6M | $69.7M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.6B | $137.6M | ||
| Q3 25 | $3.5B | $136.3M | ||
| Q2 25 | $3.4B | $142.7M | ||
| Q1 25 | $3.3B | $150.7M | ||
| Q4 24 | $3.3B | $151.9M | ||
| Q3 24 | $3.3B | $156.5M | ||
| Q2 24 | $3.2B | $164.2M | ||
| Q1 24 | $2.9B | $165.8M |
| Q4 25 | $10.2B | $650.2M | ||
| Q3 25 | $10.1B | $598.2M | ||
| Q2 25 | $9.9B | $600.3M | ||
| Q1 25 | $9.6B | $613.7M | ||
| Q4 24 | $9.2B | $513.8M | ||
| Q3 24 | $9.1B | $470.2M | ||
| Q2 24 | $8.7B | $451.4M | ||
| Q1 24 | $8.3B | $440.0M |
| Q4 25 | 0.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $137.8M | $7.5M |
| Free Cash FlowOCF − Capex | $-216.2M | $6.3M |
| FCF MarginFCF / Revenue | -60.0% | 3.0% |
| Capex IntensityCapex / Revenue | 98.3% | 0.6% |
| Cash ConversionOCF / Net Profit | 3.16× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | $45.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $137.8M | $7.5M | ||
| Q3 25 | $162.8M | $-25.9M | ||
| Q2 25 | $176.9M | $40.7M | ||
| Q1 25 | $124.3M | $31.2M | ||
| Q4 24 | $136.4M | $33.6M | ||
| Q3 24 | $201.9M | $11.9M | ||
| Q2 24 | $146.4M | $47.0M | ||
| Q1 24 | $109.7M | $24.8M |
| Q4 25 | $-216.2M | $6.3M | ||
| Q3 25 | $-127.9M | $-27.9M | ||
| Q2 25 | $-156.4M | $38.4M | ||
| Q1 25 | $-77.0M | $28.7M | ||
| Q4 24 | $-48.9M | $32.7M | ||
| Q3 24 | $-16.1M | $10.0M | ||
| Q2 24 | $-199.6M | $45.7M | ||
| Q1 24 | $-150.3M | $20.0M |
| Q4 25 | -60.0% | 3.0% | ||
| Q3 25 | -24.3% | -13.2% | ||
| Q2 25 | -34.8% | 17.8% | ||
| Q1 25 | -18.7% | 14.3% | ||
| Q4 24 | -13.0% | 17.5% | ||
| Q3 24 | -3.0% | 6.0% | ||
| Q2 24 | -45.1% | 24.1% | ||
| Q1 24 | -36.0% | 12.1% |
| Q4 25 | 98.3% | 0.6% | ||
| Q3 25 | 55.2% | 0.9% | ||
| Q2 25 | 74.2% | 1.0% | ||
| Q1 25 | 49.0% | 1.3% | ||
| Q4 24 | 49.3% | 0.5% | ||
| Q3 24 | 41.0% | 1.2% | ||
| Q2 24 | 78.2% | 0.7% | ||
| Q1 24 | 62.2% | 2.9% |
| Q4 25 | 3.16× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 2.08× | — | ||
| Q4 24 | 3.60× | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | 2.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
MTRX
| Storage And Terminal Solutions | $99.9M | 47% |
| Utility And Power Infrastructure | $75.4M | 36% |
| Process And Industrial Facilities | $35.3M | 17% |
