Matrix Service Company (MTRX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MTRX Revenue Growth
Revenue Breakdown (FY 2025)
MTRX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MTRX Revenue Analysis (2014–2025)
As of May 8, 2026, Matrix Service Company (MTRX) generated trailing twelve-month (TTM) revenue of $845.5 million, reflecting modest growth of +3.3% year-over-year. The most recent quarter (Q3 2026) recorded $206.7 million in revenue, down 1.8% sequentially.
Looking at the longer-term picture, MTRX's 5-year compound annual growth rate (CAGR) stands at -6.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.42 billion in 2019.
Revenue diversification analysis shows MTRX's business is primarily driven by Storage and Terminal Solutions Segment (48%), Utility And Power Infrastructure Segment (32%), and Process and Industrial Facilities Segment (20%).
When compared to Industrials sector peers including GLDD (+16.5% YoY), PRIM (+13.4% YoY), and MYRG (+13.1% YoY), MTRX has underperformed the peer group in terms of revenue growth. Compare MTRX vs GLDD →
MTRX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MTRXCurrent | $845M | +3.3% | -6.9% | -4.6% | |
 GLDD | $888M | +16.5% | +3.9% | 14.1% | |
 PRIM | $7.6B | +13.4% | +16.8% | 5.5% | |
 MYRG | $3.7B | +13.1% | +10.2% | 4.4% | |
 WLDN | $682M | +14.9% | +11.8% | 6.5% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% |
MTRX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $769.3M | +5.6% | $39.7M | 5.2% | $-35,068,000 | -4.6% |
| 2024 | $728.2M | -8.4% | $40.5M | 5.6% | $-30,113,000 | -4.1% |
| 2023 | $795.0M | +12.3% | $30.8M | 3.9% | $-52,887,000 | -6.7% |
| 2022 | $707.8M | +5.1% | $-1,206,000 | -0.2% | $-87,854,000 | -12.4% |
| 2021 | $673.4M | -38.8% | $32.8M | 4.9% | $-43,747,000 | -6.5% |
| 2020 | $1.10B | -22.3% | $102.2M | 9.3% | $-36,625,000 | -3.3% |
| 2019 | $1.42B | +29.8% | $132.0M | 9.3% | $37.8M | 2.7% |
| 2018 | $1.09B | -8.8% | $91.9M | 8.4% | $-10,479,000 | -1.0% |
| 2017 | $1.20B | -8.7% | $81.0M | 6.8% | $4.9M | 0.4% |
| 2016 | $1.31B | -2.8% | $126.0M | 9.6% | $40.9M | 3.1% |
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Start ComparisonMTRX — Frequently Asked Questions
Quick answers to the most common questions about buying MTRX stock.
Is MTRX's revenue growth accelerating or slowing?
MTRX revenue growth slowed to +3.3%, below the 5-year CAGR of -6.9%. TTM revenue is $845M. The deceleration marks a shift from historical growth rates.
What is MTRX's long-term revenue growth rate?
Matrix Service Company's 5-year revenue CAGR of -6.9% reflects the variable expansion pattern. Current YoY growth of +3.3% is near this long-term average.
How is MTRX's revenue distributed by segment?
MTRX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.