Matrix Service Company (MTRX) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 34.16M | 7.45M | -25.9M | 40.71M | 31.25M | 33.6M | 11.92M | 46.9M | 24.84M | 29.6M | -28.88M | 7.84M | 19.99M | 17.64M | -35.23M | -30.63M | -33.9M | 30.54M | -19.15M | 10.24M |
| Operating CF Margin % | 16.53% | 3.54% | -12.22% | 18.81% | 15.61% | 17.95% | 7.2% | 24.75% | 14.96% | 16.91% | -14.61% | 3.81% | 10.69% | 9.1% | -16.9% | -15.26% | -19.15% | 18.85% | -11.39% | 5.86% |
| Operating CF Growth % | 9.33% | -77.81% | -317.31% | -13.21% | 25.8% | 13.49% | 141.27% | 497.96% | 24.26% | 67.79% | 18.04% | 125.61% | 158.96% | -42.22% | -83.93% | -399.04% | -78.09% | 46.51% | -27.52% | -18.71% |
| Net Income | 835K | -894K | -3.66M | -11.27M | -3.43M | -5.53M | -9.22M | -4.38M | -14.58M | -2.85M | -3.17M | -336K | -12.69M | -32.83M | -6.51M | 13.46M | -34.9M | -24.92M | -17.54M | -10.72M |
| Depreciation & Amortization | 2.01M | 2.23M | 2.46M | 2.47M | 2.51M | 2.51M | 2.52M | 2.69M | 2.65M | 2.78M | 2.91M | 3.19M | 3.32M | 3.54M | 3.64M | 3.7M | 3.72M | 3.79M | 4.05M | 4.22M |
| Stock-Based Compensation | 1.41M | 2.14M | 1.92M | 2.15M | 2.19M | 2.26M | 2.31M | 1.98M | 1.98M | 2.03M | 1.75M | 1.64M | 1.41M | 1.69M | 2.06M | 0 | 2.09M | 1.87M | 1.87M | 1.74M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.43M | 0 | 0 | 0 | 0 | 35K | -17K | 10.68M | -5.34M | -579K |
| Other Non-Cash Items | 653K | 135K | 1.41M | 256K | 69K | -189K | 106K | 700K | 103K | -2.17M | -12.73M | -2.8M | -19K | 12.4M | 40K | -28.58M | 17.89M | 5K | 1.42M | 188K |
| Working Capital Changes | 29.25M | 3.84M | -28.02M | 47.1M | 29.91M | 34.55M | 16.21M | 45.91M | 34.69M | 29.81M | -28.08M | 6.15M | 27.96M | 32.84M | -34.45M | -19.23M | -22.68M | 39.11M | -3.61M | 15.39M |
| Change in Receivables | 61.28M | -49.25M | -23.23M | 48.81M | -73.73M | -16.71M | -3.04M | 31.71M | -17.5M | -11.27M | -6.54M | 26.66M | 11.83M | -19.73M | 4.62M | -15.23M | -28.07M | 22.59M | 142K | 15.69M |
| Change in Inventory | 853K | -1.28M | 338K | 472K | 768K | 351K | 1.33M | 218K | -616K | 712K | -1.72M | 559K | -46K | 398K | 1.59M | -3.07M | -610K | 17K | 1.03M | -1.13M |
| Change in Payables | 1.51M | -10.08M | 17.72M | 1.86M | -1.52M | 18.38M | -3.9M | 10.54M | -6.62M | -12.13M | -2.17M | 10.55M | -14.6M | 11.63M | -6.38M | 6.47M | 12.05M | -9.97M | 5.11M | 10.58M |
| Cash from Investing | 82K | -914K | -1.79M | -2.26M | -2.49M | -752K | -1.94M | -791K | -2.1M | -193K | 2.14M | 3.56M | -3.29M | -1.24M | -1.57M | 35.76M | 376K | -345K | -116K | -151K |
| Capital Expenditures | -917K | -1.18M | -2.01M | -2.26M | -2.57M | -915K | -1.94M | -1.3M | -4.83M | -381K | -478K | -2.8M | -3.37M | -1.26M | -1.58M | -2.01M | -766K | -350K | -219K | -457K |
| CapEx % of Revenue | 0.44% | 0.56% | 0.95% | 1.04% | 1.28% | 0.49% | 1.17% | 0.69% | 2.91% | 0.22% | 0.24% | 1.36% | 1.8% | 0.65% | 0.76% | 1% | 0.43% | 0.22% | 0.13% | 0.26% |
| Acquisitions | 999K | 262K | 222K | 0 | 0 | 0 | 0 | 514K | 2.73M | 188K | 2.62M | 0 | 0 | 27K | 4K | 37.77M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 3K | 74K | 163K | 0 | 0 | 0 | 0 | 0 | 6.36M | 79K | 0 | 4K | 0 | 1.14M | 5K | 103K | 306K |
| Cash from Financing | 46K | 55K | -4.33M | 46K | 47K | 56K | -1.19M | 52K | 41K | -9.95M | -411K | -4.95M | 64K | 71K | -245K | 13.49M | -93K | 60K | -1.82M | -144K |
| Debt Issued (Net) | -149K | -149K | 0 | 0 | 0 | 0 | 0 | -100K | 0 | -10M | 0 | -5M | 0 | 0 | 0 | 13.08M | 0 | 0 | 0 | -119K |
| Equity Issued (Net) | 46K | 55K | -4.22M | 46K | 47K | 56K | 0 | 52K | 41K | 46K | -456K | 0 | 0 | 71K | -310K | 58K | 236K | -236K | -853K | 257K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 55K | -4.22M | 0 | 47K | 0 | 0 | 0 | 0 | 0 | -456K | 0 | 0 | 0 | -310K | 0 | 236K | -236K | -853K | 0 |
| Other Financing | 149K | 149K | -106K | 0 | 0 | 0 | -1.19M | 100K | 0 | 0 | 45K | 52K | 64K | 0 | 65K | 354K | -329K | 296K | -964K | -282K |
| Net Change in Cash | 34.06M | 6.66M | -32.33M | 39.1M | 28.76M | 32.17M | 8.99M | 45.96M | 22.5M | 19.8M | -27.45M | 6.61M | 16.74M | 17.12M | -38.03M | 18.28M | -33.55M | 30.36M | -21.6M | 10.13M |
| Free Cash Flow | 33.24M | 6.28M | -27.91M | 38.45M | 28.68M | 32.68M | 9.97M | 45.6M | 20.01M | 29.22M | -29.35M | 5.05M | 16.62M | 16.38M | -36.81M | -32.63M | -34.67M | 30.19M | -19.37M | 9.78M |
| FCF Margin % | 16.08% | 2.98% | -13.17% | 17.77% | 14.33% | 17.46% | 6.02% | 24.06% | 12.05% | 16.69% | -14.85% | 2.45% | 8.89% | 8.45% | -17.66% | -16.26% | -19.59% | 18.64% | -11.52% | 5.59% |
| FCF Growth % | 15.91% | -80.79% | -379.83% | -15.68% | 43.35% | 11.84% | 133.98% | 803.49% | 20.39% | 78.42% | 20.25% | 115.46% | 147.94% | -45.74% | -90% | -433.55% | -74.52% | 46.88% | -8.85% | -16.44% |
| FCF per Share | 1.18 | 0.22 | -1.00 | 1.38 | 1.03 | 1.18 | 0.36 | 1.66 | 0.73 | 1.07 | -1.08 | 0.19 | 0.61 | 0.61 | -1.37 | -1.21 | -1.29 | 1.13 | -0.73 | 0.37 |
| FCF Conversion (FCF/Net Income) | 40.91x | -8.34x | 7.07x | -3.61x | -9.10x | -6.07x | -1.29x | -10.72x | -1.70x | -10.38x | 9.12x | -23.35x | -1.58x | -0.54x | 5.41x | -2.28x | 0.97x | -1.23x | 1.09x | -0.96x |
| Interest Paid | 0 | 0 | 131K | 79K | 84K | 87K | 145K | 0 | 0 | 0 | 389K | 418K | 619K | 0 | 0 | 0 | 711K | 195K | 1.6M | 430K |
| Taxes Paid | 0 | 0 | 34K | -39K | 21K | 18K | 0 | 0 | 0 | 0 | 27K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251K |