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Side-by-side financial comparison of MATRIX SERVICE CO (MTRX) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $210.5M, roughly 1.2× MATRIX SERVICE CO). WESBANCO INC runs the higher net margin — 34.5% vs -0.4%, a 34.9% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% CAGR vs 12.6%).
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.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
MTRX vs WSBC — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $210.5M | $257.2M |
| Net Profit | $-894.0K | $88.6M |
| Gross Margin | 6.2% | — |
| Operating Margin | -1.0% | — |
| Net Margin | -0.4% | 34.5% |
| Revenue YoY | 12.5% | — |
| Net Profit YoY | 83.8% | 54.4% |
| EPS (diluted) | $-0.03 | $0.88 |
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.
| Q1 26 | — | $257.2M | ||
| Q4 25 | $210.5M | $265.6M | ||
| Q3 25 | $211.9M | $261.6M | ||
| Q2 25 | $216.4M | $260.7M | ||
| Q1 25 | $200.2M | $193.2M | ||
| Q4 24 | $187.2M | $162.9M | ||
| Q3 24 | $165.6M | $150.8M | ||
| Q2 24 | $189.5M | $147.9M |
| Q1 26 | — | $88.6M | ||
| Q4 25 | $-894.0K | $91.1M | ||
| Q3 25 | $-3.7M | $83.6M | ||
| Q2 25 | $-11.3M | $57.4M | ||
| Q1 25 | $-3.4M | $-9.0M | ||
| Q4 24 | $-5.5M | $49.6M | ||
| Q3 24 | $-9.2M | $37.3M | ||
| Q2 24 | $-4.4M | $28.9M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 43.2% | ||
| Q3 25 | -2.6% | 39.5% | ||
| Q2 25 | -6.0% | 27.2% | ||
| Q1 25 | -2.5% | -5.0% | ||
| Q4 24 | -3.4% | 38.0% | ||
| Q3 24 | -6.5% | 29.7% | ||
| Q2 24 | -2.8% | 23.7% |
| Q1 26 | — | 34.5% | ||
| Q4 25 | -0.4% | 34.3% | ||
| Q3 25 | -1.7% | 31.9% | ||
| Q2 25 | -5.2% | 22.0% | ||
| Q1 25 | -1.7% | -4.7% | ||
| Q4 24 | -3.0% | 30.5% | ||
| Q3 24 | -5.6% | 24.7% | ||
| Q2 24 | -2.3% | 19.5% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.03 | $0.97 | ||
| Q3 25 | $-0.13 | $0.84 | ||
| Q2 25 | $-0.41 | $0.57 | ||
| Q1 25 | $-0.12 | $-0.15 | ||
| Q4 24 | $-0.20 | $0.72 | ||
| Q3 24 | $-0.33 | $0.54 | ||
| Q2 24 | $-0.16 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $199.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $137.6M | $4.1B |
| Total Assets | $650.2M | $27.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $199.0M | $956.1M | ||
| Q3 25 | $192.3M | $1.0B | ||
| Q2 25 | $224.6M | $1.2B | ||
| Q1 25 | $185.5M | $1.1B | ||
| Q4 24 | $156.8M | $568.1M | ||
| Q3 24 | $124.6M | $620.9M | ||
| Q2 24 | $115.6M | $486.8M |
| Q1 26 | — | $4.1B | ||
| Q4 25 | $137.6M | $4.0B | ||
| Q3 25 | $136.3M | $4.1B | ||
| Q2 25 | $142.7M | $3.8B | ||
| Q1 25 | $150.7M | $3.8B | ||
| Q4 24 | $151.9M | $2.8B | ||
| Q3 24 | $156.5M | $2.8B | ||
| Q2 24 | $164.2M | $2.5B |
| Q1 26 | — | $27.5B | ||
| Q4 25 | $650.2M | $27.7B | ||
| Q3 25 | $598.2M | $27.5B | ||
| Q2 25 | $600.3M | $27.6B | ||
| Q1 25 | $613.7M | $27.4B | ||
| Q4 24 | $513.8M | $18.7B | ||
| Q3 24 | $470.2M | $18.5B | ||
| Q2 24 | $451.4M | $18.1B |
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 | $7.5M | — |
| Free Cash FlowOCF − Capex | $6.3M | — |
| FCF MarginFCF / Revenue | 3.0% | — |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $45.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $7.5M | $290.4M | ||
| Q3 25 | $-25.9M | $116.9M | ||
| Q2 25 | $40.7M | $105.0M | ||
| Q1 25 | $31.2M | $-26.4M | ||
| Q4 24 | $33.6M | $211.0M | ||
| Q3 24 | $11.9M | $60.7M | ||
| Q2 24 | $47.0M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | $6.3M | $280.0M | ||
| Q3 25 | $-27.9M | $114.9M | ||
| Q2 25 | $38.4M | $98.3M | ||
| Q1 25 | $28.7M | $-30.7M | ||
| Q4 24 | $32.7M | $200.7M | ||
| Q3 24 | $10.0M | $56.9M | ||
| Q2 24 | $45.7M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 105.4% | ||
| Q3 25 | -13.2% | 43.9% | ||
| Q2 25 | 17.8% | 37.7% | ||
| Q1 25 | 14.3% | -15.9% | ||
| Q4 24 | 17.5% | 123.2% | ||
| Q3 24 | 6.0% | 37.7% | ||
| Q2 24 | 24.1% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 3.9% | ||
| Q3 25 | 0.9% | 0.8% | ||
| Q2 25 | 1.0% | 2.6% | ||
| Q1 25 | 1.3% | 2.2% | ||
| Q4 24 | 0.5% | 6.3% | ||
| Q3 24 | 1.2% | 2.5% | ||
| Q2 24 | 0.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.25× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MTRX
| Storage And Terminal Solutions | $99.9M | 47% |
| Utility And Power Infrastructure | $75.4M | 36% |
| Process And Industrial Facilities | $35.3M | 17% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
