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

Matrix Service (MTRX) posted quarterly 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 reported Change in Receivables for 17 consecutive years, with -$60.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Receivables fell 187.19% year-over-year to -$60.9 million; the TTM figure through Mar 2026 stood at -$24.0 million (down 141.48% YoY), while the FY2025 annual figure was $48.8 million, up 304.04% from the prior year.
  • Change in Receivables fell to -$60.9 million in Q1 2026 per MTRX's latest filing, from $61.9 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $69.9 million in Q1 2025 and bottomed at -$60.9 million in Q1 2026.
  • Historically, Change in Receivables has averaged $6.0 million across 5 years, with a median of $13.2 million in 2023.
  • Annual changes were most pronounced in 2023 — Change in Receivables plunged 215.24% — and 2025, when it jumped 347.74%.
  • Matrix Service's Change in Receivables stood at $32.7 million in 2022, then tumbled by 59.66% to $13.2 million in 2023, then gained by 4.63% to $13.8 million in 2024, then surged by 347.74% to $61.9 million in 2025, then plunged 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 102.18 Bn 101.77 Bn 1.55 Bn 381.26 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 418.40 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn -
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 148.43 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn -
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 120.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 668.70 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 66.79 Mn
10 Matrix Service 336.42 Mn 103.39 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