Matrix Service (MTRX) Change in Receivables (2010 - 2026)

Matrix Service (MTRX) reported Change in Receivables of -$60.9 million for Q1 2026, down 187.19% year-over-year from $69.9 million in Q1 2025, and down 198.45% quarter-over-quarter from $61.9 million in Q4 2025.

Matrix Service (MTRX) Change in Receivables (2010 - 2026) Analysis & Trends

Matrix Service (MTRX) has 17 years of Change in Receivables data on file, last reported at -$60.9 million in Q1 2026.

  • Change in Receivables for Q1 2026 came in at -$60.9 million, down 187.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$24.0 million (down 141.48% YoY), and the FY2025 annual result was $48.8 million, up 304.04% from the prior year.
  • Change in Receivables slipped to -$60.9 million in Q1 2026 per MTRX's latest filing, from $61.9 million in the prior quarter.
  • Over five years, Change in Receivables peaked at $69.9 million in Q1 2025 and troughed at -$60.9 million in Q1 2026.
  • A 5-year average of $6.0 million and a median of $13.2 million in 2023 frame the typical range for Change in Receivables.
  • The sharpest annual moves came in 2023 and 2025: Change in Receivables plunged 215.24% in 2023, then jumped 347.74% in 2025.
  • A 5-year view of Change in Receivables shows it stood at $32.7 million in 2022, then slumped by 59.66% to $13.2 million in 2023, then rose by 4.63% to $13.8 million in 2024, then jumped by 347.74% to $61.9 million in 2025, then tumbled by 198.45% to -$60.9 million in 2026.
  • Business Quant data shows MTRX's Change in Receivables at -$60.9 million in Q1 2026, $61.9 million in Q4 2025, and $15.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 745.88 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 214.73 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn -4.81 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -31.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 668.70 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 109.95 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Matrix Service 377.17 Mn 144.15 Mn 17.15 Mn -60.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -60.92 Mn
Mar 31, 2026 -60.92 Mn
Dec 31, 2025 61.88 Mn
Dec 31, 2025 61.88 Mn
Sep 30, 2025 15.08 Mn
Sep 30, 2025 15.08 Mn
Jun 30, 2025 -40.01 Mn
Jun 30, 2025 -40.01 Mn
Mar 31, 2025 69.87 Mn
Mar 31, 2025 69.87 Mn
Dec 31, 2024 13.82 Mn
Dec 31, 2024 13.82 Mn
Sep 30, 2024 5.11 Mn
Sep 30, 2024 5.11 Mn
Jun 30, 2024 -31.04 Mn
Jun 30, 2024 -31.04 Mn
Mar 31, 2024 23.36 Mn
Mar 31, 2024 23.36 Mn
Dec 31, 2023 13.21 Mn
Dec 31, 2023 13.21 Mn