vs

Side-by-side financial comparison of LATTICE SEMICONDUCTOR CORP (LSCC) 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 $145.8M, roughly 1.4× LATTICE SEMICONDUCTOR CORP). MATRIX SERVICE CO runs the higher net margin — -0.4% vs -5.2%, a 4.8% gap on every dollar of revenue. On growth, MATRIX SERVICE CO posted the faster year-over-year revenue change (12.5% vs 9.3%). LATTICE SEMICONDUCTOR CORP produced more free cash flow last quarter ($44.0M vs $6.3M). Over the past eight quarters, MATRIX SERVICE CO's revenue compounded faster (12.6% CAGR vs 8.4%).

Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs). Headquartered in the Silicon Forest area of Hillsboro, Oregon, the company also has operations in San Jose, Calif., Shanghai, Manila, Penang, and Singapore. Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022. The company was founded in 1983 and went public in 1989. It ...

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.

LSCC vs MTRX — Head-to-Head

Bigger by revenue
MTRX
MTRX
1.4× larger
MTRX
$210.5M
$145.8M
LSCC
Growing faster (revenue YoY)
MTRX
MTRX
+3.2% gap
MTRX
12.5%
9.3%
LSCC
Higher net margin
MTRX
MTRX
4.8% more per $
MTRX
-0.4%
-5.2%
LSCC
More free cash flow
LSCC
LSCC
$37.7M more FCF
LSCC
$44.0M
$6.3M
MTRX
Faster 2-yr revenue CAGR
MTRX
MTRX
Annualised
MTRX
12.6%
8.4%
LSCC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
LSCC
LSCC
MTRX
MTRX
Revenue
$145.8M
$210.5M
Net Profit
$-7.6M
$-894.0K
Gross Margin
68.5%
6.2%
Operating Margin
30.7%
-1.0%
Net Margin
-5.2%
-0.4%
Revenue YoY
9.3%
12.5%
Net Profit YoY
14.6%
83.8%
EPS (diluted)
$-0.06
$-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
LSCC
LSCC
MTRX
MTRX
Q1 26
$145.8M
Q4 25
$210.5M
Q3 25
$133.3M
$211.9M
Q2 25
$124.0M
$216.4M
Q1 25
$120.2M
$200.2M
Q4 24
$117.4M
$187.2M
Q3 24
$127.1M
$165.6M
Q2 24
$124.1M
$189.5M
Net Profit
LSCC
LSCC
MTRX
MTRX
Q1 26
$-7.6M
Q4 25
$-894.0K
Q3 25
$2.8M
$-3.7M
Q2 25
$2.9M
$-11.3M
Q1 25
$5.0M
$-3.4M
Q4 24
$16.5M
$-5.5M
Q3 24
$7.2M
$-9.2M
Q2 24
$22.6M
$-4.4M
Gross Margin
LSCC
LSCC
MTRX
MTRX
Q1 26
68.5%
Q4 25
6.2%
Q3 25
67.9%
6.7%
Q2 25
68.4%
3.8%
Q1 25
68.0%
6.4%
Q4 24
61.1%
5.8%
Q3 24
69.0%
4.7%
Q2 24
68.3%
6.6%
Operating Margin
LSCC
LSCC
MTRX
MTRX
Q1 26
0.7%
Q4 25
-1.0%
Q3 25
-1.2%
-2.6%
Q2 25
3.8%
-6.0%
Q1 25
5.8%
-2.5%
Q4 24
-10.4%
-3.4%
Q3 24
5.9%
-6.5%
Q2 24
18.2%
-2.8%
Net Margin
LSCC
LSCC
MTRX
MTRX
Q1 26
-5.2%
Q4 25
-0.4%
Q3 25
2.1%
-1.7%
Q2 25
2.3%
-5.2%
Q1 25
4.2%
-1.7%
Q4 24
14.1%
-3.0%
Q3 24
5.7%
-5.6%
Q2 24
18.2%
-2.3%
EPS (diluted)
LSCC
LSCC
MTRX
MTRX
Q1 26
$-0.06
Q4 25
$-0.03
Q3 25
$0.02
$-0.13
Q2 25
$0.02
$-0.41
Q1 25
$0.04
$-0.12
Q4 24
$0.12
$-0.20
Q3 24
$0.05
$-0.33
Q2 24
$0.16
$-0.16

Balance Sheet & Financial Strength

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

Metric
LSCC
LSCC
MTRX
MTRX
Cash + ST InvestmentsLiquidity on hand
$133.9M
$199.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$714.1M
$137.6M
Total Assets
$650.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSCC
LSCC
MTRX
MTRX
Q1 26
$133.9M
Q4 25
$199.0M
Q3 25
$117.9M
$192.3M
Q2 25
$107.2M
$224.6M
Q1 25
$127.6M
$185.5M
Q4 24
$136.3M
$156.8M
Q3 24
$124.3M
$124.6M
Q2 24
$109.2M
$115.6M
Stockholders' Equity
LSCC
LSCC
MTRX
MTRX
Q1 26
$714.1M
Q4 25
$137.6M
Q3 25
$706.4M
$136.3M
Q2 25
$687.0M
$142.7M
Q1 25
$707.9M
$150.7M
Q4 24
$710.9M
$151.9M
Q3 24
$703.5M
$156.5M
Q2 24
$698.8M
$164.2M
Total Assets
LSCC
LSCC
MTRX
MTRX
Q1 26
$883.1M
Q4 25
$650.2M
Q3 25
$844.4M
$598.2M
Q2 25
$808.6M
$600.3M
Q1 25
$823.6M
$613.7M
Q4 24
$843.9M
$513.8M
Q3 24
$853.7M
$470.2M
Q2 24
$827.5M
$451.4M

Cash Flow & Capital Efficiency

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

Metric
LSCC
LSCC
MTRX
MTRX
Operating Cash FlowLast quarter
$57.6M
$7.5M
Free Cash FlowOCF − Capex
$44.0M
$6.3M
FCF MarginFCF / Revenue
30.2%
3.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$153.3M
$45.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSCC
LSCC
MTRX
MTRX
Q1 26
$57.6M
Q4 25
$7.5M
Q3 25
$47.1M
$-25.9M
Q2 25
$38.5M
$40.7M
Q1 25
$31.9M
$31.2M
Q4 24
$45.4M
$33.6M
Q3 24
$44.0M
$11.9M
Q2 24
$21.9M
$47.0M
Free Cash Flow
LSCC
LSCC
MTRX
MTRX
Q1 26
$44.0M
Q4 25
$6.3M
Q3 25
$34.0M
$-27.9M
Q2 25
$31.3M
$38.4M
Q1 25
$23.3M
$28.7M
Q4 24
$39.7M
$32.7M
Q3 24
$39.4M
$10.0M
Q2 24
$14.8M
$45.7M
FCF Margin
LSCC
LSCC
MTRX
MTRX
Q1 26
30.2%
Q4 25
3.0%
Q3 25
25.5%
-13.2%
Q2 25
25.2%
17.8%
Q1 25
19.4%
14.3%
Q4 24
33.8%
17.5%
Q3 24
31.0%
6.0%
Q2 24
11.9%
24.1%
Capex Intensity
LSCC
LSCC
MTRX
MTRX
Q1 26
9.3%
Q4 25
0.6%
Q3 25
9.8%
0.9%
Q2 25
5.8%
1.0%
Q1 25
7.2%
1.3%
Q4 24
4.9%
0.5%
Q3 24
3.7%
1.2%
Q2 24
5.8%
0.7%
Cash Conversion
LSCC
LSCC
MTRX
MTRX
Q1 26
Q4 25
Q3 25
16.86×
Q2 25
13.23×
Q1 25
6.35×
Q4 24
2.75×
Q3 24
6.12×
Q2 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSCC
LSCC

Segment breakdown not available.

MTRX
MTRX

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

Related Comparisons