MTRX at a glance
MATRIX SERVICE CO (MTRX, SEC CIK 866273) filed its latest 10-K annual report on September 3, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on September 2, 2026 and Form 4 insider filings as recently as September 4, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended June 30, 2026 (FY2026), MATRIX SERVICE CO (MTRX) reported revenue of $873.6 million (up 13.6% from FY2025) and a net loss of $2.6 million. Diluted EPS was -$0.09.
- As of June 30, 2026, 25 institutional investment managers tracked by SignalX reported holding MATRIX SERVICE CO (MTRX) shares worth $130.6 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2026
- $873.6M
- +13.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 25 funds
- $130.6M · +1 vs prior quarter
- Latest 8-K
- Sep 2, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Jun 30, 2026
Risk Factors
- Regulatory risk: Potential liabilities under CERCLA for hazardous substance remediation without regard to fault, increasing operational costs and liabilities
- Macroeconomic threat: Exposure to U.S., Canadian, and global energy market downturns impacting demand for projects in LNG, hydrogen, renewables, midstream and downstream petroleum
- Operational vulnerability: Supply chain and labor shortages affecting availability, costs, and project timelines with limited ability to pass cost increases to customers
- Competitive risk: Pressure from competitors with greater financial and technical resources forcing acceptance of lower margins or contractual risks
- Financial risk: Customer concentration with top three customers accounting for 47.6% of revenue in fiscal 2026, risking material adverse impact if lost
Management Discussion & Analysis
- Revenue $873.6M, up 14% YoY from $769.3M, driven by Storage & Terminal Solutions (+$92.4M, +25%) and Utility & Power Infrastructure (+$34.7M, +14%), offset by Process & Industrial (-$22.8M, -15%)
- Gross margin 7.3% vs 5.2%, gross profit increased 61% to $64.0M; Storage & Terminal margin 6.1% vs 4.0%, Utility & Power margin 11.1% vs 6.8%, Process & Industrial margin 3.4% vs 5.8%
- Best performing segment: Utility & Power Infrastructure with gross profit $31.6M (+87%), worst: Process & Industrial Facilities profit down 49% to $4.5M with margin decline to 3.4%
- Operating loss narrowed to $(9.6)M from $(35.1)M, SG&A expenses down 11% to $63.6M; cash flow from operations $6.9M; capital expenditures $5.5M; no stock repurchases in FY26; liquidity $283.9M including $223.0M cash and $60.9M borrowing availability
- Management outlook: Focus on strategic WIN, EXECUTE, DELIVER framework to accelerate growth, improve execution, and profitability; expects strong backlog conversion with ~79% backlog revenue recognized in FY27; key risks include backlog volatility, contract timing, multiemployer pension liabilities, and reliance on secured surety bonds totaling $237.2M
Business Overview
- Core business: Engineering, fabrication, construction, and maintenance services for energy infrastructure and industrial markets
- Emphasis on high-growth sectors including power generation for data centers and critical minerals mining in North America
- Strategic shift: Accelerating growth in construction-only services, broadening geographic reach, and enhancing strategic account management
- Employee count 2,370 worldwide as of June 30, 2026, with 26% unionized workforce
- TRIR safety metric at 0.92 in fiscal 2026, indicating continuous focus on zero-incident safety culture
AI summary of the MTRX 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Mar 31, 2026
Management Discussion & Analysis
- Revenue $206.7M, up 3% YoY from $200.2M, driven by Storage and Terminal Solutions
- Gross margin 8.3% vs 6.4% YoY; net income $0.8M vs net loss $3.4M
- Best segment Storage and Terminal Solutions, $111.6M revenue; worst Process and Industrial Facilities, $35.1M revenue
- Backlog $1.03B, down from $1.13B at December 31, 2025; quarterly awards $108.3M
- Outlook: continued revenue and profitability growth focus amid overhead absorption and cost-structure headwinds
Risk Factors
- No risk-factors section provided; supplied text covers Items 2–6 rather than changes from the 10-K
- ABL Facility restricts annual share repurchases to $2.5 million, subject to availability thresholds and covenant compliance
- No cash dividends permitted under the ABL Facility, except stock dividends
- Mine Safety Act compliance applies because construction services at mine sites classify Matrix as an operator
- CFO trading plan permits sales of up to 120,000 shares through October 1, 2027
AI summary of the MTRX 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Fiscal 2026 fourth-quarter and full-year results announced September 2, 2026
- Detailed financial results and management commentary available in Exhibit 99
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Shawn P. Payne elected director effective July 1, 2026, following appointment as President and CEO
- Payne appointed Project Risk Committee member and Strategy Committee chair, expanding oversight responsibilities
Item 2.02: Results of Operations and Financial Condition
- Fiscal 2026 third-quarter results announced May 6, 2026
- Full financial results available in Exhibit 99 press release
AI summaries of MTRX 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for MTRX
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- Alerts as it files. A push when MTRX files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut MTRX, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Cavanah Kevin S | F | Aug 30, 2026 | 1,576 | $10.83 |
| PAYNE SHAWN P | M | Aug 30, 2026 | 2,817 | - |
| Cavanah Kevin S | M | Aug 30, 2026 | 4,569 | - |
| Cavanah Kevin S | D | Aug 30, 2026 | 4,569 | $10.83 |
| Cavanah Kevin S | M | Aug 30, 2026 | 4,569 | - |
| SHEETS JUSTIN D | M | Aug 30, 2026 | 2,576 | - |
| SHEETS JUSTIN D | D | Aug 30, 2026 | 2,576 | $10.83 |
| SHEETS JUSTIN D | M | Aug 30, 2026 | 2,576 | - |
Financial SummaryXBRL
| Metric | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $769.3M | $873.6M |
| Gross Profit | - | $39.7M | $64.0M |
| Operating Income | - | -$35.1M | -$9.6M |
| Net Income | - | -$29.5M | -$2.6M |
| Gross Margin | - | 5.2% | 7.3% |
| Op. Margin | - | -4.6% | -1.1% |
| Net Margin | - | -3.8% | -0.3% |
| Balance Sheet | |||
| Total Assets | $451.4M | $600.3M | $602.6M |
| Equity | - | $142.7M | $141.9M |
| ROE | - | -20.6% | -1.8% |
| Per Share | |||
| EPS | - | $-1.06 | $-0.09 |
| Cash Flow | |||
| Operating CF | - | $117.5M | $6.9M |
| CapEx | $7.0M | $7.7M | $5.5M |
Source: XBRL data in MATRIX SERVICE CO (MTRX)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate MTRX share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 25 | $130.6M |
| Q1 2026 | 24 | $101.4M |
| Q4 2025 | 24 | $115.9M |
| Q3 2025 | 25 | $129.4M |
| Q2 2025 | 25 | $129.8M |
| Q1 2025 | 20 | $65.6M |
| Q4 2024 | 17 | $52.1M |
| Q3 2024 | 15 | $39.3M |
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- Vanguard Capital Management LLC−8.4K (-1%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 175 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
MTRX filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 4, 2026 | - | - | - |
| 10-K | Sep 3, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Sep 2, 2026 | - | Analysis | - |
| 4 | Aug 31, 2026 | - | - | - |
| 4 | Aug 31, 2026 | - | - | - |
| 4 | Aug 31, 2026 | - | - | - |
| 4 | Aug 27, 2026 | - | - | - |
| 4 | Aug 27, 2026 | - | - | - |
| 8-K | Jul 2, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 8, 2026 | - | - | |
| 4 | May 12, 2026 | - | - | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 6, 2026 | - | Analysis | |
| 8-K | Apr 30, 2026 | - | Analysis | - |
| 10-Q | Feb 5, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 4, 2026 | - | - | |
| 8-K | Jan 6, 2026 | - | - | |
| 4 | Nov 25, 2025 | - | - | |
| 4 | Nov 24, 2025 | - | - | |
| 10-Q | Nov 6, 2025 | Sep 30, 2025 | Analysis | |
| 10-K | Sep 10, 2025 | Jun 30, 2025 | - | |
| 10-Q | May 8, 2025 | Mar 31, 2025 | - | |
| SC 13G | Feb 13, 2025 | - | - |
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MTRX SEC filings: frequently asked questions
Which institutions hold MTRX stock?
As of June 30, 2026, the largest MATRIX SERVICE CO (MTRX) holders among the 13F filers tracked by SignalX were BlackRock ($29.3 million), Vanguard Capital Management LLC ($16.3 million), Two Sigma Investments ($10.2 million), Dimensional Fund Advisors ($9.1 million), AQR Capital Management ($8.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was MTRX's revenue in fiscal year 2026?
For the fiscal year ended June 30, 2026 (FY2026), MATRIX SERVICE CO (MTRX) reported revenue of $873.6 million (up 13.6% from FY2025) and a net loss of $2.6 million. Diluted EPS was -$0.09. The figures come from the XBRL data in the 10-K.
What are the main risks in MTRX's latest 10-K?
In the 10-K filed September 3, 2026, MATRIX SERVICE CO (MTRX) flagged: Regulatory risk: Potential liabilities under CERCLA for hazardous substance remediation without regard to fault, increasing operational costs and liabilities. Macroeconomic threat: Exposure to U.S., Canadian, and global energy market downturns impacting demand for projects in LNG, hydrogen, renewables, midstream and downstream petroleum. (AI summary of the Risk Factors section.)
What did MTRX report in its latest 8-K?
MATRIX SERVICE CO (MTRX) filed an 8-K on September 2, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Fiscal 2026 fourth-quarter and full-year results announced September 2, 2026.
What are the latest MTRX SEC filings?
MATRIX SERVICE CO (MTRX) filed its latest 10-K annual report on September 3, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on September 2, 2026 and a Form 4 insider filing on September 4, 2026.
What is MTRX's SEC CIK number?
MATRIX SERVICE CO (MTRX)'s SEC Central Index Key (CIK) is 866273. EDGAR lists every MTRX filing under that number.
Ask anything about MTRX
The research agent reads MTRX's filings, financials, insider trades and 13F holders, then answers with sources.