Growth Metrics

Matrix Service (MTRX) Cost of Revenue (2016 - 2025)

Matrix Service (MTRX) has disclosed Cost of Revenue for 16 consecutive years, with $197.4 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 11.97% to $197.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $790.6 million, a 17.74% increase, with the full-year FY2025 number at $729.6 million, up 6.09% from a year prior.
  • Cost of Revenue was $197.4 million for Q4 2025 at Matrix Service, roughly flat from $197.7 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $208.3 million in Q2 2025 to a low of $146.7 million in Q1 2021.
  • A 5-year average of $180.3 million and a median of $180.6 million in 2022 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: tumbled 35.62% in 2021, then increased 25.31% in 2025.
  • Matrix Service's Cost of Revenue stood at $158.8 million in 2021, then grew by 22.92% to $195.1 million in 2022, then fell by 15.73% to $164.5 million in 2023, then grew by 7.19% to $176.3 million in 2024, then increased by 11.97% to $197.4 million in 2025.
  • Per Business Quant, the three most recent readings for MTRX's Cost of Revenue are $197.4 million (Q4 2025), $197.7 million (Q3 2025), and $208.3 million (Q2 2025).