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

Matrix Service (MTRX) reported 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 17 years of Cost of Revenue data on file, last reported at $189.6 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $189.6 million, up 1.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $792.9 million (up 13.53% YoY), and the FY2025 annual result was $729.6 million, up 6.09% from the prior year.
  • Cost of Revenue slipped to $189.6 million in Q1 2026 per MTRX's latest filing, from $197.4 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $208.3 million in Q2 2025 and troughed at $157.8 million in Q3 2024.
  • A 5-year average of $185.0 million and a median of $187.3 million in 2025 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue dropped 15.73% in 2023, then increased 25.31% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $195.1 million in 2022, then declined by 15.73% to $164.5 million in 2023, then rose by 7.19% to $176.3 million in 2024, then gained by 11.97% to $197.4 million in 2025, then retreated 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 97.64 Bn 97.37 Bn 1.11 Bn 6.77 Bn
2 Comfort Systems Usa 60.31 Bn 59.26 Bn 754.41 Mn 2.11 Bn
3 Emcor 34.63 Bn 33.72 Bn 863.95 Mn 3.76 Bn
4 Mastec 26.26 Bn 26.11 Bn 477.90 Mn 3.35 Bn
5 Sterling Infrastructure 23.68 Bn 23.18 Bn 194.30 Mn 631.38 Mn
6 APi 17.88 Bn 17.24 Bn 620.00 Mn 1.36 Bn
7 Jacobs Solutions 14.38 Bn 13.00 Bn 794.89 Mn 2.90 Bn
8 IES Holdings 13.57 Bn 13.32 Bn 254.79 Mn 719.50 Mn
9 Dycom Industries 13.37 Bn 12.66 Bn - -
10 Matrix Service 366.39 Mn 133.36 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