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| Date | Value |
|---|---|
| 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 |