Matrix Service (MTRX) Cost of Revenue (2010 - 2026)

Matrix Service (MTRX) posted quarterly Cost of Revenue of $189.6 million for Q1 2026, up 1.2% year-over-year from $187.3 million in Q1 2025, and down 3.96% quarter-over-quarter from $197.4 million in Q4 2025.

Matrix Service (MTRX) Cost of Revenue (2010 - 2026) Analysis & Trends

Matrix Service (MTRX) has reported Cost of Revenue for 17 consecutive years, with $189.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 1.2% year-over-year to $189.6 million; the TTM figure through Mar 2026 stood at $792.9 million (up 13.53% YoY), while the FY2025 annual figure was $729.6 million, up 6.09% from the prior year.
  • Cost of Revenue fell to $189.6 million in Q1 2026 per MTRX's latest filing, from $197.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $208.3 million in Q2 2025 and bottomed at $157.8 million in Q3 2024.
  • Historically, Cost of Revenue has averaged $185.0 million across 5 years, with a median of $187.3 million in 2025.
  • Annual changes were most pronounced in 2023 — Cost of Revenue dropped 15.73% — and 2025, when it increased 25.31%.
  • Matrix Service's Cost of Revenue stood at $195.1 million in 2022, then fell by 15.73% to $164.5 million in 2023, then gained by 7.19% to $176.3 million in 2024, then advanced by 11.97% to $197.4 million in 2025, then decreased by 3.96% to $189.6 million in 2026.
  • Business Quant data shows MTRX's Cost of Revenue at $189.6 million in Q1 2026, $197.4 million in Q4 2025, and $197.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 8.01 Bn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 2.42 Bn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 4.13 Bn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 3.82 Bn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 631.38 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 1.55 Bn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 2.90 Bn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 902.04 Mn
10 Matrix Service 336.42 Mn 103.39 Mn 17.15 Mn 189.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 189.56 Mn
Mar 31, 2026 189.56 Mn
Dec 31, 2025 197.37 Mn
Dec 31, 2025 197.37 Mn
Sep 30, 2025 197.70 Mn
Sep 30, 2025 197.70 Mn
Jun 30, 2025 208.26 Mn
Jun 30, 2025 208.26 Mn
Mar 31, 2025 187.31 Mn
Mar 31, 2025 187.31 Mn
Dec 31, 2024 176.28 Mn
Dec 31, 2024 176.28 Mn
Sep 30, 2024 157.77 Mn
Sep 30, 2024 157.77 Mn
Jun 30, 2024 177.05 Mn
Jun 30, 2024 177.05 Mn
Mar 31, 2024 160.44 Mn
Mar 31, 2024 160.44 Mn
Dec 31, 2023 164.45 Mn
Dec 31, 2023 164.45 Mn